‘Nigeria Exports To Indonesia Now $700m’       Director of the Indonesian Trade Promotion Centre, Hendro Jonathan, said Nigeria exported goods worth 700 million dollars to Indonesia last year. He explained that while Nigeria’s total export to the Asian country was $700 million, its import from Indonesia $300...

Oil, Gas Export Revenue Dipped By $2.23bn In 2020 – NNPC       The total revenue generated by the Nigerian National Petroleum Corporation from crude oil and gas exports plunged by 45.98 per cent last year amid the COVID-19 induced collapse in price and demand. Nigeria’s revenue from...

Shippers Count Losses, NPA Resumes Export Receipts       Shippers in the country have said they lost N780bn in 2020 because they could not access shipments in ports. They said the inability to access the ports affected both in imports and export cargoes. President of Shippers Association Lagos...

Nigeria Raked In $150m From Coconut Oil In 2020       The Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria generated $150m from the export of coconut oil and its derivatives in 2020. Speaking through his representative, Bernard Ukattah, a deputy...

‘Nigeria Can Export $3bn Worth Of Cocoa Derivatives Under AfCFTA’       The federal government has disclosed that by taking advantage of the African Continental Free Trade Area (AfCFTA), Nigeria has the capacity to export $3 billion worth of derivatives from cocoa and $300 million from the...

Farmers Exported N60.5bn Goods In Three Months – NBS         Nigerian farmers exported goods worth N60.5bn in the third quarter of 2020. During the quarter, total trade in agricultural goods stood at N563.9bn, according to figures obtained from the National Bureau of Statistics on foreign trade. Analysis by...