Nigeria’s textile imports rose sharply to N814.27bn in the first nine months of 2025, raising fresh concerns over the effectiveness of the Federal Government’s repeated claims that it is reviving …
Trade
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BusinessEconomyIndustryManufacturingNigeriaTrade
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AFRICA NEWSAgribusinessAgricultureCommoditiesRural EconomyTrade
Cashew Stakeholders Agree on GH¢12 per Kg as Minimum Producer Price for 2025/2026 Season
Stakeholders in the raw cashew nut value chain have agreed on a minimum producer price of GH¢12.00 per kilogram for the 2025 to 2026 cashew season, following extensive consultations led …
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Africa EconomyDigital TransformationEducationInnovationTechnologyTrade
AI Seen as Key Driver of AfCFTA Success and Africa’s Future Trade Growth, Experts Say
Artificial intelligence will play a central role in determining the success of the African Continental Free Trade Area and shaping the future of cross-border commerce across the continent, according to …
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BusinessEconomyFinanceMarketsNewsNigeriaTrade
Nigeria Records N6.69tn Trade Surplus in Q3 2025 as FX Reforms Boost Export Growth
Nigeria recorded a trade surplus of N6.69tn in the third quarter of 2025, marking another period of positive growth for the country’s external trade performance. The surplus reflects a 27.29 …
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EconomyLagos NewsLawSecurityTrade
Customs FOU Zone A Reports N10.1bn Seizures, 38 Arrests in Seven Months as New Controller Assumes Office
The Nigeria Customs Service, Federal Operations Unit (FOU) Zone A in Ikeja, Lagos, has revealed that it intercepted goods with a duty paid value of more than N10.1bn and arrested …
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AfricaAviationEconomyNigeriaTradeTravel & Tourism
Emirates Wins Travel Gold Award for Connecting Africa to the World
Emirates Airlines has been recognised for its contribution to African tourism, trade, and cultural exchange, receiving the Travel Gold Award of Excellence for “Connecting Africa to the World”. The award …
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AgricultureEastern AfricaEconomyInternational RelationsMarket TrendsTrade
Tanzania Showcases Coffee, Tea, Spices and More at Kano Trade Fair, Strengthens Ties With Nigeria
Tanzania made a notable appearance at the 46th Kano International Trade Fair, drawing the attention of traders, investors, and visitors with a wide range of its agricultural and manufactured products. …
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BankingDevelopmentEconomyFinanceInternational CooperationTrade
ITFC, TDB sign $100m trade facility, target $200m
The International Islamic Trade Finance Corporation (ITFC) and the Trade and Development Bank (TDB) Group have expanded their existing Murabaha trade finance facility by an additional $100m, with plans to …
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Ghana EconomyGOVERNMENTInfrastructureMaritimeTradeTransportation
Nigeria Losing N20bn Daily to Port Inefficiencies as Cargo Diverts
Nigeria is losing about N20bn every day at its seaports due to poor infrastructure, weak systems, and inefficiencies that frustrate cargo movement and drive business to neighbouring countries. This revelation …
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AgricultureBusinessEconomyNigeriaTrade
Dangote Group, Kano Government Deepen Partnership to Boost Trade
The Dangote Group and the Kano State Government are strengthening their long-standing partnership to support business growth, industrial development, and social programmes across the state. This renewed collaboration became more …