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Nigeria’s Duty-free Export To US Plunges To $300.48m

Nigeria’s Duty-free Export To US Plunges To $300.48m         Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

Trade In Medical Supplies Rise By 50%

Trade In Medical Supplies Rise By 50%         Trade in COVID-19 medical supplies such as personal protective equipment, disinfectants, diagnostic kits, oxygen respirators and other related hospital equipment has risen by 50 per cent since April. A new study by the United Nations Conference on Trade and...

Oil Price Rises To $43

Oil Price Rises To $43       Oil gained more than one per cent on Tuesday on the prospect the United States nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output kept prices from moving higher. Reuters...

Nigerian Venture Plans To Raise $1.2bn To Plug Power Gap

Nigerian Venture Plans To Raise $1.2bn To Plug Power Gap     A Nigerian venture plans to raise N480bn ($1.2bn) over the next three years to buy electricity meters and help power distributors plug a revenue gap in Africa’s most populous nation. Less than a 10th of Nigeria’s...

NEPC Prepares Non-oil Exporters For European Market Deals

NEPC Prepares Non-oil Exporters For European Market Deals       The Nigerian Export Promotion Council has said it is sentising and preparing non-oil exporters for opportunities in the European market. A statement on Sunday entitled, “NEPC sensitise non- oil exporters as Europe offers mega opportunities,” said this was...

Welcome SWAT, By Salisu Na’inna Dambatta

Welcome SWAT, By Salisu Na'inna Dambatta         As the Nigeria Police Force (NPF) responded to the instructions of President Muhammadu Buhari and the yearnings of Nigerians to close down the Special Anti-Robbery Squad (SARS), it took steps to implement its replacement with the Special Weapons And...