‘Cost Of Goods High Because Of Transportation’       Traders in Nigeria have blamed high cost of goods across the country on the high cost of transportation from the North to the South. The traders under the aegis of Reformed Traders Association of Nigeria (RTAN) said this is...

Nigeria Imports N2.59trn Goods From Asia In Three Months - NBS       Goods traded by Nigeria with other West African countries have been ranked as the least among the country’s global trade partners. Figures obtained from the National Bureau of Statistics’ foreign trade statistics for the third...

Customs Intercepts N20.8bn Goods, Generates N1.7bn       The Federal Operations Unit Zone ‘A’ of the Nigeria Customs Service (NCS) said it intercepted goods with a total duty paid value of N20.8 billion in 2020. Ag. Controller, DC Usman Yahaya, in a statement, said the unit also raked...

Top Ten Firms Export $57.74m Goods In One Month         The top 10 exporters in the country exported $57.74m goods in August 2020, according to the Central Bank of Nigeria. This was, however, a reduction from the N74.78m worth of goods exported in July, the CBN’s monthly...

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...

N130bn Goods Trapped Since Border Closure - Importers         The Association of Nigeria Licensed Customs Agents (ANLCA), on Monday, said goods worth N130 billion belonging to the private sector were trapped since August 2019 when the land border closure began. However, ANLCA said it has received the...