Nigeria’s trade surplus, the difference between exports and imports, rose to N6.95 trillion in the second quarter of 2024, according to the latest foreign trade statistics...
Glo-Djigbé Industrial Zone (GDIZ) is proud to announce the first export of ‘Made in Benin’ ready-to-wear clothing for the prestigious American brand, U.S. POLO ASSN.. A world-renowned...
The Nigerian Ports Authority (NPA) has reported a drop in vehicle imports from 28,024 units in the first quarter of 2023 to just 10,991 units in...
The Dangote Refinery is set to receive its first shipment of Brazilian crude oil next month. This is a pivotal moment in the country’s efforts to...
The trade volume between the European Union (EU) and Nigeria rose to €24.6 billion in 2023, an 18.7% decline from the previous year. Despite the downturn,...
Nigeria achieved a notable trade surplus in the first quarter of 2024, driven by a significant increase in exports. According to the latest report from the...
A recent study conducted by the African Export-Import Bank (Afreximbank) has underscored the critical role of intra-African trade in fostering economic growth across the continent. Published...
Nigeria’s food import bill has surged to a five-year high in the first quarter of 2024, despite the federal government declaring a state of emergency on...
The value of Nigeria’s crude oil and gas exports to Indonesia rose to $3.8 billion in 2023, according to the Indonesian Ambassador to Nigeria, Dr. Usra...
The Central Bank of Nigeria (CBN) disbursed $2.13 billion for food imports in 2023. This disclosure raises concerns about the nation’s ability to achieve self-sufficiency in...