Nigeria’s Duty-free Export To US Shrinks To $351.73m         Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

Nigeria Imports N1.62trn Petrol In Nine Months         Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National Bureau of Statistics have shown. The country spent N1.72tn on petrol imports in the...

Kano Agric Project To Spend $3.33m On 100,000 Farmers         Kano State Agro-Pastoral Development Project, KSADP, and the Kano Agricultural and Rural Development Authority, KNARDA, have launched collaboration for the implementation of agricultural interventions worth 3.23 million US dollars. 2.23 million US dollars is coming from the...

Oil Sector’ll Face Prolonged Reduced Demand - Fed Govt         The oil and gas sector is going to face a substantially reduced demand for a prolonged period as its recovery is not likely any time soon, the Federal Government said on Thursday. It also announced the resolve...

Trump Rejects Nigeria's Ngozi Okonjo-Iweala For WTO ...Wants Reopening Of The Leadership Contest         The US has suggested that the process to find a new Director-General of the World Trade Organization (WTO) needs to be reopened, in what would be an unprecedented move. Donald Trump's trade chief Robert...

CBN Tackles Recalcitrant IMTOs Over Diaspora Remittances         The Central Bank of Nigeria (CBN) has expressed displeasure that some International Money Transfer Operators (IMTOs) continue to pay remittances in local currency contrary to its recent policy that granted unfettered access to forex from Diaspora and other...