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Experts Advocate Need for More Exporters to Attract Foreign Exchange

Experts Advocate Need for More Exporters to Attract Foreign Exchange Trade experts have expressed the need to increase the ratio of exporters-Importers in the country, saying the number of exporters estimated at 1,200 is abysmally low. They spoke at the town hall meeting hosted by the...

Tariff: MAN Warns of Imminent Fall of N2trn Agric Export to North America 

Tariff: MAN Warns of Imminent Fall of N2trn Agric Export to North America  Manufacturers Association of Nigeria (MAN) says the 14 per cent tariff imposed on Nigerian exports to the United States of America (USA) by the President Donald Trump administration would result in a...

Customs Delivers Seized Containers of Expired Drugs to NAFDAC

Customs Delivers Seized Containers of Expired Drugs to NAFDAC The Nigeria Customs Service, Kirikiri Lighter Terminal Command, said it handed over nine containers of expired pharmaceuticals to the National Agency for Food and Drug Administration and Control. The Customs Area Controller in charge of the command,...

CBEX: SEC to Gag Unlicensed Exchanges as Nigerians Fall to N1.3tn Ponzi Scheme

CBEX: SEC to Gag Unlicensed Exchanges as Nigerians Fall to N1.3tn Ponzi Scheme The Securities and Exchange Commission has issued a fresh warning to Nigerians, declaring that all investment and digital asset platforms not registered with the Commission are operating illegally. The warning came to light...

Federation Account Allocation Declines to N1.57tn in Three Months

Federation Account Allocation Declines to N1.57tn in Three Months The Federation Account Allocation Committee has reported a further decline in monthly disbursements to the Federal Government, states, and local government councils, with a total of N1.578tn shared as March 2025 revenue. This marks the third consecutive...

Trump Tariffs Threaten Nigeria’s Economy as Oil Price Slumps – FG

Trump Tariffs Threaten Nigeria's Economy as Oil Price Slumps - FG The CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, says the ongoing instability in global oil markets is negatively impacting Nigeria’s economy. He said while falling petroleum product prices may benefit...