Nigerian, Malaysian Trade Now $845.6m
The Malaysian High Commissioner to Nigeria, Gloria Tiwet has said that the value of bilateral trade between both countries increased to $845.6 million in 2020 despite the COVID-19 pandemic, which disrupted global trade.
Tiwet stated this at a meeting with the...
Nigeria’s October Oil Output Fell To 1.37m bpd
Nigeria’s crude oil production dropped to 1.37 million barrels per day last month from 1.39 million bpd, a survey by Platts showed on Monday.
The country’s oil production in October was 261,000 bpd below the quota given to...
Nigeria Recieves $400,000 Grant From Afreximbank For Pharmaceutical Production
The African Export-Import Bank has awarded $400,000 in grant funding to the National Institute for Pharmaceutical Research and Development of Nigeria to boost pharmaceutical production in the country.
According to Afreximbank, the grant is for the establishment...
Nigeria’s Non-Oil Export Hits N463bn In Q2, 2021
The nation’s non-oil export in the second quarter of 2021 has risen to N462.85 billion according to data from the National Bureau of Statistic (NBS).
The data also indicates that Nigeria recorded a N1.87 trillion deficit in trade...
Nigeria Records $10.1bn Investment Announcement
The Federal Government at the weekend said the economy recorded $10.1billiom investment announcement in the first half of this year.
The Minister of Trade and Industry, Otunba Adeniyi Adebayo, who spoke at Lagos International Trade Fair, held at the Tafawa Balewa...
Nigeria Can Earn N41bn Annually From Jewellery Export – Minister
The Minister, Mines and Steel Development, Arc Olamilekan Adegbite, has said the development of the local jewelry industry can improve Nigeria’s exports by over N41 billion ($100 million).
The minister disclosed this in his keynote address...
