What Will Bashir Adeniyi International Trade Centre Offer? By Abdulsalam Mahmud Nigeria's economy is facing critical challenges that are affecting citizens' livelihoods and hindering national progress. These economic woes are partly the result of fiscal policies that have proven inadequate in addressing the country's problems. Insecurity is...

Port Calls in Nigeria, Others Hit 20% Growth - UNCTAD The United Nations Conference on Trade and Development says port calls by container ships increased by 20 per cent in Nigeria and other African countries between the first quarter of 2018 and 2023. UNCTAD, in its...

Nigeria Economy Dependent on Imported Cars, Refined Oil, Others – UN The United Nations says Nigeria is highly dependent on the imports of goods, such as refined petrol, cars, smartphones, cereals, and pharmaceuticals. This was disclosed by the United Nations Conference on Trade and Development in...

Naira Redesign: Cash Scarcity Crippled Nigeria’s Economy - UN The United Nations has disclosed that the shortage of the naira in recent times crippled the Nigerian economy. It stated that the informal sector felt the brunt of the scarcity the most. It noted that the continuing...

FG Launches Portal to Facilitate Trade Reforms The Federal Ministry of Industry, Trade and Investment has launched the Nigeria Trade Information Portal in compliance with the World Trade Organisation Trade Facilitation Agreement. The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, at the launching said...

Global FDI Increases By 15% Despite Uncertainty     Global foreign direct investment (FDI) flows are expected to bottom out in 2021 and recover some lost ground with an increase of 10 to 15 per cent, according to UNCTAD’s World Investment Report 2021. It showed that FDI flows...