President and Chief Executive of Dangote Petroleum Refinery, Aliko Dangote, has declared that Nigeria’s long history of fuel scarcity and queues has finally come to an end following one year …
Trade
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BusinessEconomyEnergyLabourTrade
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BusinessDiplomacyEconomyInternationalPoliticsTrade
U.S. Democrats Urge Trump Administration to Press China on Industrial Overproduction
The Democratic Party in the United States has asked the administration of President Donald Trump to put pressure on China to reduce what it described as “structural overproduction,” essentially calling …
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AgricultureBusinessEconomyForeign ExchangeOil & GasTrade
Nigeria Records N12.64tn Trade Surplus in H1 2025, Analysts Warn of Risks
igeria recorded a trade surplus of N12.64 trillion in the first half of 2025, offering some relief for the country’s foreign exchange market even as concerns remain about structural weaknesses …
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BusinessEconomyEventsSustainabilityTrade
Dangote Partners Abuja Chamber to Sponsor 2025 International Trade Fair
Dangote Industries Limited has announced its sponsorship of the 2025 Abuja International Trade Fair, reaffirming its role as a key player in Nigeria’s industrial growth and Africa’s economic development. The …
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Arts & CultureDiplomacyEconomyGovernanceSecurityTrade
Nigeria, Angola Sign New Agreements on Drug Control, Culture and Economic Cooperation
Nigeria and Angola have renewed their diplomatic ties with the signing of key agreements to fight drug trafficking and promote cultural exchange. The agreements were reached during the 5th Session …
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EconomyGovernment PolicyNigeriaOil & GasTrade
Nigeria Loses N3.18tn in Crude Oil Export Earnings Despite Higher Output
Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
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BankingEconomyRegional IntegrationTradeTransportation & Logisitics
Afreximbank Launches ATDC With $1bn Backing to Boost Intra-African Trade
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
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The Nigeria Customs Service (NCS) has announced the shortlist of 286,697 candidates who will proceed to the next stage of its ongoing recruitment exercise. The shortlisted applicants are expected to …
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EconomyGovernanceMaritimeNigeriaTrade
Emmanuel Osoba Takes Over Apapa Customs Command, Calls for Stakeholders
The new Customs Area Controller of the Apapa Command of the Nigeria Customs Service, Comptroller Emmanuel Osoba, has said the Command is at a critical stage in its ongoing modernisation …
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AfricaBankingBusiness UpdatesCommoditiesEconomyFinanceInternationalTrade
Egypt’s Foreign Reserves Rise to $49.25 Billion
The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …