‎Democracy Must Be Felt in the Pocket, Tinubu Declares as Non-Oil Exports Rise 21%   ‎President Bola Ahmed Tinubu on Friday defended his administration's economic reforms, declaring that democracy must translate into tangible improvements in the lives of citizens as Nigeria pursues what he described as...

Nigeria’s Trade Surplus Jumps 220% to $480m   Nigeria recorded a $480 million trade surplus in January 2026, driven by a 4.46 percent increase in export receipts to a record $4.68 billion, largely fueled by petroleum products. This represents a 220 percent month-on-month (MoM) increase in trade...

Nigeria's Non-Oil Export at Risk as Logistics Cost Rise   Nigeria’s non-oil export sector is facing mounting pressure from rising logistics and energy costs despite growing global demand and increasing export value, a new industry report has revealed. The report, unveiled on Wednesday during a virtual event...

NEPC Faults Global Economy For Non-oil Export Decline   Nigeria’s non-oil sector recorded a slight decrease in the value of exports to $2.54bn representing 0.09 per cent dip in the first half of 2023. This was revealed by the Executive Director/Chief Executive Officer of the Nigerian Export...

CBN Expands Non-oil Export Rebate to Boost Dollar Inflows   The Central Bank of Nigeria (CBN) says it has expanded its non-oil export rebate scheme by opening it up to additional sectors in a bid to boost dollar inflows amid slumping oil production. In the expanded scheme,...

Emefiele Says Non-oil Exporters Repatriated $1.7bn In Q1, 2023   The Central Bank of Nigeria (CBN), yesterday, revealed that non-oil exporters repatriated about $1.7 billion into the nation’s economy in the first three months (Q1) of 2023. Its Governor, Godwin Emefiele disclosed this during his keynote address...