Trade
West and Central Africa Commit $27bn to Boost Port Infrastructure
West and Central African countries, including Nigeria, have committed more than $27 billion to major port infrastructure expansion projects aimed at improving regional...
Customs Modernisation Project To Boost Ease Of Doing Business In Nigeria
The Nigeria Customs Service Trade Modernisation Project is expected to enhance ease of doing business, improve trade facilitation, strengthen revenue generation and raise...
PEBEC Begins Clean Up Exercise Along Lagos Port Corridors
The Presidential Enabling Business Environment Council has announced plans to begin a two day clean up and enforcement exercise along the Lagos port...
U.S. Imports of Nigerian Crude Drop 15 Percent as Energy Trade Shifts in Early 2026
The United States spent $578.78 million on crude oil imports from Nigeria in the first quarter of 2026, marking a significant decline compared...
Nigeria Balance of Payments Falls Sharply Amid Oil Revenue Decline in 2025
Nigeria external sector came under pressure in 2025 as the country Balance of Payments surplus dropped significantly reflecting deep structural challenges in trade...
Governor Sanwo-Olu Launches Invest in Lagos Summit 3.0 to Boost Investment and Trade
Lagos State Governor Babajide Sanwo Olu has officially unveiled the 2026 Invest in Lagos Summit 3.0, the state’s flagship international investment platform, in...
China Reports Growth in Industrial Output
Authorities in China released official data indicating moderate growth in industrial production, signaling stabilization in key manufacturing sectors amid fluctuating global demand. Economic...
India Signs Renewable Energy Partnership With Gulf States
The government of India finalized new renewable energy agreements with partners in the Gulf region aimed at expanding cooperation in solar power development...
28 Ships Laden with Petroleum Products and Commodities Expected at Lagos Ports
The Nigerian Ports Authority (NPA) has announced that no fewer than 28 ships carrying petroleum products and other commodities are expected to arrive...
Onitsha Markets Reopen After IPOB Ends Monday Sit-At-Home Directive
ONITSHA — Commercial activities in Onitsha Main Market improved slightly on Monday, February 9, 2026, following the Indigenous People of Biafra’s (IPOB) directive...
