Manufactured Imports Exceeded Exports By N4.3trn In Q2 – NBS           The value of manufactured goods imported into the country exceeded exports by N4.37tn in the second quarter of 2021, according to figures obtained from the National Bureau of Statistics. The NBS stated that the value of...

AfCTA To Boost Africa’s Exports By $560bn - FG       When fully operational, the African Continental Free Trade Area (AfCFTA) agreement will boost exports in the continent by at least $560 billion, the federal government has said. Senior Special Assistant to the Nigerian President on the Public...

Non-oil Exports Decline By 5% To $870m In Three Months       Nigeria’s non oil export earnings fell by five percent to $870 million in three months to November 2020, from $920 million in the previous three months. But the top ten non oil exporters grew their export...

Olam, Nine Others Earned $100m From Exports – CBN Report       Top 10 exporters in the country exported non-oil goods worth $100.88m in November, according to the Central Bank of Nigeria. The CBN disclosed this in its latest monthly economic report. Part of the report read, “Estimates of...

FEC Approves National Quality Policy For Exports       The 31st virtual Federal Executive Council (FEC) presided over by President Muhammadu Buhari has approved the National Quality Policy to stop the rejection of Nigerian exports. Minister of Industry Trade and Investment, Niyi Adebayo, who briefed State House Correspondents...

Oil Contributes 81% To N2.99trn Q3 Exports - NBS       Despite efforts made at boosting non-oil earnings, crude contributed N2.42 trillion to the country’s 2.99 trillion Q3 2020 export earnings, data released by the National Bureau of Statistics (NBS) yesterday showed. With the figure, crude’s share of...