Category : Trade


Stakeholders Urge Tariff Review as High Costs Cripple Trade

Freight forwarding and clearing sector stakeholders warn that Nigeria's current revenue-tariff structure is stifling trade, driving businesses to shut down, and worsening inflation. They call for urgent policy reforms to protect indigenous operators and e

Nigeria-India Trade Boost in Mining and Steel

Indian High Commissioner Amb. Abhishek Singh reaffirms commitment to enhancing bilateral trade with Nigeria, focusing on mining and steel, during a visit to ANRML's $600 million facility in Kaduna.

Tinubu Opens N73bn Customs Complex in Ogun for Trade

President Bola Tinubu has commissioned a N73 billion Nigeria Customs Service complex in Iperu, Ogun State, aimed at modernizing infrastructure, curbing smuggling, and facilitating legitimate trade in the Southwest zone.

Low AfCFTA Usage Despite High Non-Oil Export Figures

A new survey by the Network of Practising Non-Oil Exporters of Nigeria highlights minimal AfCFTA utilization, with 66% of exporters operating below $50,000 and domestic bottlenecks cited as major barriers.

Nigeria Launches National Single Window to Boost Trade

The Federal Government has initiated the phased rollout of the National Single Window, aiming to streamline trade processes, reduce delays, and enhance economic growth by integrating multiple agencies into a unified digital platform.

Nigeria to Host Intra-African Trade Fair 2027

Nigeria has signed the host agreement for the 2027 Intra-African Trade Fair, set to be Africa's largest marketplace with over $50 billion in targeted deals and 100,000 visitors.

U.S. Probes Nigeria, Others for Forced Labour in Trade

The United States has initiated a trade investigation targeting Nigeria and 59 other countries to assess if their practices allow imports of goods produced with forced labour, under Section 301 of the Trade Act of 1974.

Nigeria Launches IP Policy Implementation Committee

The Nigerian government has inaugurated an Inter-ministerial Steering Committee to implement the National Intellectual Property Policy and Strategy (NIPPS), aiming to boost economic diversification and innovation.

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