Oil, Gas Exports Hit $3.71bn In 13 Months       Nigeria exported crude oil and gas worth $3.71bn from August 2019 to August 2020, latest statistics released by the Nigerian National Petroleum Corporation have shown. The NNPC also stated that Nigeria’s total crude oil and gas export sale...

Nigeria’s Oil Exports Threatened As US Floods European Market     The increasing flow of the United States crude into Europe is threatening to displace the region’s traditional light, sweet crudes, forcing sellers of Nigerian and Mediterranean crudes to discount September-loading cargoes. S&P Global Platts quoted traders on...

COVID-19 To Slow Cocoa, Cashew Exports - NEPC   The Nigerian Export Promotion Council says an assessment of the impact of coronavirus on agricultural exports shows that the pandemic will lead to a fall in export of cocoa beans, cashew nuts and sesame seeds this year. The...

Questionable Cargoes Boost Manufactured Goods Exports By N909bn Exports of locally manufactured goods went up as high as 839.44 per cent between second and third quarter of 2019, aided by what the National Bureau of Statistics classified as re-exported goods worth N909bn, which may have...

Farmers Exported N68.2bn Goods In 3 Months – NBS   Farmers exported goods worth N68.2bn in the last quarter of 2019, according to figures obtained from the National Bureau of Statistics. Part of the report on foreign trade goods read, “During the quarter, total trade in agricultural...

AfCFTA: Nigeria Can Generate $537bn Annually From Exports – DBN   Managing Director, Development Bank of Nigeria (DBN), Tony Okpanachi has projected that the soon-to-be-implemented Africa Continental Free Trade Area (AfCFTA) holds great economic development potential for Nigeria. Okpanachi believes that regional integration through trade would propel...