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AfCFTA: Fed Govt To Grow States’ Export Capacity To $1.2bn

AfCFTA: Fed Govt To Grow States’ Export Capacity To $1.2bn   The Federal Government, through the National Action Committee on African Continental Free Trade Agreement, said on Monday that the first of its strategic goals under the AfCFTA implementation plan is to grow the export capacity...

NLNG Cuts Cooking Gas Exports To Meet Domestic Demand

NLNG Cuts Cooking Gas Exports To Meet Domestic Demand     The Nigeria LNG Limited has said it has reduced its exports of Liquefied Petroleum Gas, also known as cooking gas, in a bid to meet the growing demand in the domestic market. The Managing Director and Chief...

In 12 Years, Nigeria Exported $22trn Worth Of Rubber

In 12 Years, Nigeria Exported $22trn Worth Of Rubber   Nigeria has exported rubber and its articles worth $22 trillion since 2009. The highest was $10 trillion in 2012, while the lowest was last year with the value put at $21 million. However, Nigeria exports of rubber have...

Import Index Rose By 1.07% In Q2 – NBS

Import Index Rose By 1.07% In Q2 – NBS           The All- commodity group import index on average grew marginally by 1.07 per cent, driven mainly by products of the chemical and allied industries, wood and articles of wood, wood charcoal and articles, paper making material;...

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports     Nigeria recorded a trade deficit of N1.87tn in the second quarter of the year despite recording 111.32 per cent in crude oil exports. However, statistics released by the National Bureau of Statistics in Abuja on Wednesday...

Nigeria Recorded Over $2.48bn Export To South Africa In 2020

Nigeria Recorded Over $2.48bn Export To South Africa In 2020         Nigeria has exported commodities not less than $2.48 billion (R6billion) within the last 24 months, South Africa Consular General Hon Malik Abdul has stated. Abdul, who disclosed this in a document made available to The Nation,...