Manufacturers Blame High Interest Rates for N746bn Export Slump   The Manufacturers Association of Nigeria (MAN)  has decried the high interest rates by banks as manufacturing exports crashed from the last peak of N1.04tn in the third quarter of 2024 to N294.43bn in Q1 2025, representing...

N12.9trn Worth of Crude Exported as Local Refiners Starve   Oil producers exported crude oil and other petroleum products worth N12.96tn in the first quarter of 2025, even as domestic refineries continue to suffer from poor feedstock supply. This is despite the slow implementation of the Domestic...

Maritime Exports Outpace Imports by 39% in 2024 - NBS   Goods exported via maritime transport exceeded imports in the same category by 39.76 per cent in 2024, a sharp deviation from other modes of foreign trade transport. This highlights the fact that importers avoided delay...

Nigeria Targets $79bn Export Through AfCFTA Nigeria is poised to significantly boost its export market, with a potential value of up to $79 billion, by leveraging the African Continental Free Trade Area (AfCFTA) framework to expand its export capabilities. Minister of Industry, Trade, and Investment, Dr...

Borno Targets Export of Sesame, Others As Zulum Visits 20 Hectares Irrigation Farm   Governor Babagana Umara Zulum said that Borno State is working towards attaining food sufficiency and the export of cash crops and other farm products such as maize and cassava, among others. "Let's carefully...

Borno Targets Export of Sesame, Others As Zulum Visits 20 Hectares Irrigation Farm   Governor Babagana Umara Zulum said that Borno State is working towards attaining food sufficiency and the export of cash crops and other farm products such as maize and cassava, among others. "Let's carefully...