High interest rates, poor infrastructure hindering exports of Nigerian-made goods – Expert
A trade expert who serves as the Treasurer of the Oyo State Shippers Association, Mrs. Aminat Animashaun, has identified high ...
Tag: exports
Nigeria’s top 10 foreign trade partners in 2024
Nigeria’s foreign trade value in full year 2024 reached N138.03 trillion, a substantial increase of 106.56% compared to N66.83 trillion ...
Dangote Refinery exports petrol to African countries, diesel and jet fuels to Europe
The Dangote Refinery said it has exported Premium Motor Spirit (petrol) to four African countries including Cameroon, Angola, Ghana, and ...
Ghana joins Nigeria, others to ban grain exports as food shortages looms
Ghana has followed Nigeria and other African nations in banning the export of certain grains, including rice, corn, and soy, ...
Nigeria’s agricultural goods imports exceeds exports by N1.037 trillion in 2023
The value of agricultural goods imported into Nigeria in 2023 exceeded exports by N1.037 tn marking the 5th year imports ...
Macro updates: Nigeria falls short of net exports despite record monthly trade surplus
In Q4 of 2023, Nigeria shifted back into net importer status, primarily attributed to a substantial acquisition of tanks and ...
Nigeria’s total foreign trade rises by 37.2% to N71.88 trillion in 2023
In 2023, Nigeria’s total foreign trade increased from N52.38 trillion recorded in 2022 to N71.88 trillion- an increase of 37.2% ...
India to become Nigeria’s largest export corridor by 2030 – Report
A report by Standard Chartered and its partners has revealed that India is set to become Nigeria’s largest trade partner ...
Nigeria’s top 10 Agriculture exports in Q1 2023
The Nigerian Government recently revealed that Nigeria recorded a total foreign trade of N12.05 trillion in the first quarter of ...
Nigeria to boost cotton and soya production with N66 billion CBN loan
The Central Bank of Nigeria (CBN) has called on SMEs to take advantage of opportunities from the bank to boost ...
