Customs Seizes Smuggled Vegetable Oil Worth N403.4 Million in Major Anti-Smuggling Operation
The Nigeria Customs Service (NCS), Federal Operations Unit Zone C in Owerri, has intercepted a large quantity of foreign-smuggled vegetable ...
Tag: trade
UK Launches £15m Growth Programme to Boost Investment, Digital Innovation and Healthcare in Nigeria
The United Kingdom has unveiled a new £15 million Growth Programme aimed at strengthening Nigeria’s economy, attracting more private investment, ...
Nigerian Banks Keep Oil and Gas as Top Lending Sector Despite Manufacturing Decline
Nigeria’s banking sector continued to channel the largest share of its loans to the oil and gas industry in 2025, ...
AFC Secures Record $2 Billion Loan to Accelerate Africa’s Infrastructure Growth
Africa Finance Corporation (AFC) has secured a record-breaking $2 billion syndicated loan, highlighting growing confidence from international investors in the ...
Nigeria’s Private Sector Growth Gains Momentum as Business Activity Reaches Seven-Month High
Nigeria’s private sector recorded stronger growth in May 2026 as business activity expanded at a faster pace, according to the ...
Nigeria’s Food Import Spending Falls to $2.34 Billion as Focus Shifts to Productive Sectors
Nigeria recorded a decline in food import spending in 2025, with the country’s food import bill dropping to $2.34 billion ...
Nigeria’s Food Import Spending Falls to $2.34bn in 2025 Despite Rising Demand for Foreign Exchange
Nigeria spent less on importing food in 2025, according to new figures released by the Central Bank of Nigeria (CBN), ...
Lagos to Host Invest in Lagos 3.0 Forum to Attract Over N4 Trillion Investment
The Lagos State Government is preparing to host the third edition of its major investment gathering, Invest in Lagos 3.0, ...
Nigeria Targets Maritime Growth with Major Port Reforms and $1 Billion Upgrade Plan
Nigeria is taking bold steps to transform its maritime sector and strengthen its position as a leading trade hub in ...
How Ship Chandling is Becoming a Key Money-Maker in Nigeria’s Maritime Industry
Ship chandling, which involves supplying ships with necessary goods and services, is becoming an important and profitable part of the ...
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