The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that Africa can no longer depend on foreign aid and concessional loans as rising debt costs …
Trade
-
AgribusinessEconomyFinanceGOVERNMENTRegional IntegrationTrade
-
BusinessEconomyFinanceNewsNigeriaSMEsTrade
Alternative Bank Pledges Stronger Support for Nigeria’s Export Growth at 2025 Trade Fair
The Alternative Bank has renewed its commitment to boosting Nigeria’s export trade by offering non-interest financing solutions to Micro, Small and Medium Enterprises. The bank made this pledge during the …
-
BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
-
AfricaBusinessEconomyFinanceTrade
Afreximbank Reaffirms Strong Support for AfCFTA, Pushes New Financing Tools to Boost Intra-African Trade
Afreximbank has restated its strong commitment to increasing intra-African trade, supporting industrial growth, and strengthening value-chain development under the African Continental Free Trade Area. The bank said it will continue …
-
EconomyGOVERNMENTManufacturingTrade
Nigeria Secures Global Accreditation Breakthrough, Boosting Export Confidence and Market Access
Nigeria recorded a major milestone on Monday as the Nigerian National Accreditation System (NINAS) secured full international recognition, allowing certificates issued by Nigerian-accredited laboratories and certification bodies to be accepted …
-
British American Tobacco Nigeria (BAT Nigeria) has received praise for its strong contribution to Nigeria’s manufacturing industry, after recording more than $300 million in export earnings between 2022 and 2024. …
-
DevelopmentEconomyManufacturingNigeriaTrade
Industrialists worry as raw imports from Asia hit N1.72tn
Nigeria imported raw materials worth N1.72tn from Asia in the first half of 2025, according to new figures released by the National Bureau of Statistics. The number shows how strongly …
-
AfricaEconomyGovernanceNigeriaTrade
PRESIDENT TINUBU SAYS TRADE REFORMS WILL BOOST NIGERIA’S GLOBAL COMPETITIVENESS
President Bola Ahmed Tinubu has said that the Federal Government’s ongoing trade reforms, including the unification of the exchange rate, removal of fuel subsidy, and continued port modernisation, were introduced …
-
BusinessEconomyEnergyOil & GasTrade
Dangote Refinery’s Petrol Price Cut May End Fuel Importation in Nigeria
Petroleum marketers in Nigeria may soon stop importing petrol as the Dangote Petroleum Refinery has slashed its ex-depot price by ₦49 per litre, a move that is already reshaping the …
-
DevelopmentEconomyGlobal DevelopmentGovernancePoliciesTrade
Experts Urge G20 to Tackle Global ‘Inequality Emergency’ as Wealth Gap Widens
Wealth inequality has reached crisis levels globally, threatening democracy, economic stability, and social cohesion, experts have warned ahead of the G20 summit set to take place later this month in …