The Nigerian Export Promotion Council has reported that in 2023, Nigeria’s non-oil revenue decreased to $4.5bn. The decline is said to be 6.3% or $300m from the previous record in 2022, which ...
According to the Statistical Review of World Energy published by the Energy Institute, Nigeria has paid N1.2 trillion to cushion gas exports throughout this period.The recently released data, which wa...
The Lagos State Government and the African Export-Import Bank (Afreximbank), in collaboration with Access Holding Plc, signed a contract worth $1.35 billion on Monday to boost infrastructure and food ...
In Nigeria, the Hibiscus flower which is popularly known as Zobo is one of the most exported crops—due to this, many people are going into its production.However, the production dropped after the Me...
The Central Bank of Nigeria (CBN) has recently announced a significant overhaul of the Nigerian Foreign Exchange (FX) Market, with the goal of enhancing liquidity and stability. As part of this effort...
Jute is a natural fiber derived from the jute plant, which has been used for centuries in various industries, including packaging, textiles, and construction. It is a versatile and sustainable materia...
At the 7th Annual Edition of the Zenith Bank International Trade Seminar with the theme "Unlocking Opportunities in Nigeria's Non-Oil Export Business," held on Wednesday, stakeholders unanimously...
Importers and exporters alike try to avoid any additional costs associated with transporting a package. Demurrage, detention, and storage fees are frequently unplanned costs that might add up to vario...
Tuesday, March 29th, 2022: At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1. On Tuesday, March 29th, 2022, the I&E window e...
This was revealed in the World Bank's most recent study, "A Better Future for All Nigerians: Nigeria Poverty Assessment 2022." According to the World Bank, Nigeria's economy is now increasingly vu...