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 …
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 …
Nigeria needs to urgently reposition its manufacturing sector if it hopes to compete favourably in global trade and strengthen its non-oil economy. Recent data shows that manufacturing contributed only 9.62 …
The Alliance for Economic Research and Ethics has urged the Federal Government to create a clear transition plan and consult widely with stakeholders before going ahead with its ban on …
FirstBank has announced the 2025 edition of its Agric and Export Conference, an initiative aimed at driving growth in Nigeria’s agriculture and non-oil export sectors. The event, themed “The Fundamentals …
The Independent Media and Policy Initiative (IMPI) has expressed disagreement with the International Monetary Fund (IMF) over its latest economic growth forecast for Nigeria. The IMF had recently revised its …
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
Nigerian exporters are watching closely as new tariff moves by the United States spark fresh uncertainty in the global trade space. While some believe the ripple effect may hurt the …
The Central Bank of Nigeria (CBN) has announced that personal remittances into Nigeria rose to $20.93 billion in 2024, representing an 8.9% year-on-year increase. This was revealed in a statement …
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …