Non-Oil Exports Reach $5.45bn in 2024 – NEPC The Nigerian Export Promotion Council (NEPC) has announced that Nigeria’s trade volume in 2024 reached 7.2 metric tons, with a 20.7% increase in value, totaling $5.45 billion. Dr. Nonye Ayeni, Executive Director of NEPC, disclosed this on Monday...

Enugu Records 1,000% IGR Growth Enugu State Governor, Dr. Peter Mbah, has revealed that strategic economic and financial inclusion policies propelled the state’s Internally Generated Revenue from N30bn annually to a staggering N500bn, marking a 1,000 per cent growth. Mbah emphasised that Nigeria’s economic aspirations can...

Nigeria to Benefit from $4.4bn Agro-industrial Processing Zone Investment President of the African Development Bank, Akinwumi Adesina, has revealed that Nigeria will gain significantly from a $4.4bn investment aimed at expanding the Special Agro-Industrial Processing Zones across all 36 states and the Federal Capital Territory. In...

Nigeria, Turkey Strengthen Economic Ties The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigeria remains committed to strengthening economic ties with Turkey. According to a press release, Edun said this when he received a delegation led by the Turkish Ambassador...

Manufacturers, Others Fume Over 4% Levy on Imports The imposition of a four per cent increase in charges on all consignments imported into the country by the Nigeria Customs Service (NCS), last week, drew disapproval from manufacturers, economists and other stakeholders at the weekend. The...

‎EXCLUSIVE: Real Reasons Dollar is Crashing Against the Naira ‎ ‎The Naira has been gaining grounds against the Dollar in recent weeks, reflecting significant shift in the country’s foreign exchange market. ‎ ‎In the parallel market on Friday, the Naira appreciated by N20, trading at N1,540/$1 from N1,600/$1...