In Six Months, Solid Minerals Export Earnings Drop By 80% To $3.16bn
Nigeria’s solid minerals export dropped by 80.1 per cent or N12.76 billion to N3.16 billion in the first half of 2020 compared to N15.88 billion recorded in the same period in 2019.
Data obtained...
We’ll Make It Illegal To Export Raw Minerals - Adegbite
The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the ministry is working on law to make it illegal to export minerals without adding value to them.
The minister said that Nigeria could...
FG Discloses When Nigeria Will Start Exporting Petroleum Products
The Federal Government has disclosed that Nigeria will be a net exporter of petroleum products by 2022 with the five built refineries across the country and the 7 refineries that are currently under construction.
The disclosure was...
Sesame Seeds Contributes N49.1bn To Nigeria’s Exports
Sesame seeds has been ranked as the most traded agricultural products in Nigeria during the first quarter of 2020.
This is according to data from the National Bureau of Statistics under the foreign trade statistics section.
The produce contributed N49.1bn...
In 13 Months, NNPC Generates $4.6bn From Crude Exports
The Nigerian National Petroleum Corporation on Sunday announced that it made $4.6bn as total crude oil and gas export receipts from June 2019 to June 2020.
It also stated that the total crude oil and gas export...
'Nigeria Can Boost Forex Earnings Through Export Of Spices'
Nigeria has been urged to capitalise on and explore its comparative edge in spices by supporting local farmers as the global market for the commodities is projected to reach $21 billion by 2024.
Trade policy expert, Dr....
