Naira Falls Against Dollar in Black Market The naira weakened against the US dollar on Monday, August 18, losing ₦5.33 in the parallel market. Currency traders in Abuja told Economic Confidential that dollar demand spiked over the weekend, putting fresh pressure...

PRNigeria Fact-Check: No Evidence Italian Dockworkers Blocked Saudi Arms Ship Allegedly Bound for Israel A viral post claiming that Italian dockworkers blocked a Saudi vessel transporting arms to Israel has been found to be misleading, according to an investigation by...

Customs and the "National Single Window" Project By Abdulsalam Mahmud For decades, Nigeria’s trade corridors have been choked by the heavy hand of bureaucracy. Traders groan under the weight of multiple agencies, endless paperwork and clearance delays that cost the economy...

Ngozi Okonjo-Iweala Leads Launch of $50m WEIDE Fund in Nigeria to Boost Women in Digital Trade Nigeria on Thursday hosted the grand launch of the Women Exporters in the Digital Economy (WEIDE) Fund, a $50 million initiative jointly managed by...

Okonjo-Iweala Meets Tinubu, Calls for Stronger Social Safety Nets Amid Economic Reforms Former Coordinating Minister of the Economy and current Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has urged the Federal Government to strengthen social safety nets...

Naira Appreciates to ₦1,540 Against Dollar in Black Market The naira strengthened against the US dollar on Friday, August 15, gaining ₦20.33 in the parallel market. Currency traders in Abuja told Economic Confidential that reduced demand for dollars contributed to the...