Nigeria’s Exports to ECOWAS Now N1.5trn – NBS   Nigeria's trade with ECOWAS countries reached new heights in Q3 2024, with exports valued at N1.54trn, according to the National Bureau of Statistics (NBS). Data from the bureau also showed that Nigeria’s imports stood at just N82bn. The report...

Seme Customs Generate N8bn From Exports   The Nigeria Customs Service, Seme Area Command, said it facilitated N8bn worth of export cargoes from September till date. The Customs Area Controller in charge of the command, Timi Bomordi, said this on Tuesday while addressing journalists at the command...

Manufactured Exports Fall By 40% In Q1, Says NBS   The National Bureau of Statistics’ Foreign Trade Statistics report, released on Monday, indicates a significant 40 per cent decrease in the value of traded manufactured goods in Q1 2023, which declined from N219bn in the corresponding...

Agric Imports Exceed Exports By N443.35bn In Q1, 2022   The value of agricultural goods imported into the country exceeded exports by N443.35bn in the first quarter of 2022 amid rising security challenges that have continued to affect the fortunes of the sector. Data obtained from the...

CBN Boosts Sesame, Cocoa Exports With N21bn Disbursement The Central Bank of Nigeria (CBN) has disbursed N21bn to boost the production and export of cocoa and sesame seeds. According to the bank, the CBN Governor, Godwin Emefiele, disclosed this at the last Monetary Policy Committee, while...

Customs, CBN Clash Over E-valuation Of Imports, Exports   The Nigerian Customs Service has refuted media reports which claimed that the service has adopted the e-evaluator and e-invoicing for importers and exporters introduced by the Central Bank of Nigeria. In a statement released on Thursday via the...