Anambra Shuts Auto Market for One Week Over Sit-at-Home
The Anambra State Government has ordered the closure of the New Auto Spare Parts Association market in Nnewi for one week due to non-compliance with directives against the sit-at-home order.
Category : Trade
Woman Ships Nigerian Food to Canada, Shares Expense Breakdown
A Nigerian woman in Calgary, Canada, shared her experience shipping 120kg of foodstuffs and clothing from Nigeria, detailing the costs involved and sparking reactions from the diaspora community.
Customs Launches System for 48-Hour Cargo Clearance
The Nigeria Customs Service has introduced a One-Stop-Shop initiative to streamline cargo clearance to 48 hours, aiming to eliminate duplicate inspections and reduce compliance costs for traders.
Canal+: No Immediate DStv Price Hikes After MultiChoice Takeover
Canal+ Africa CEO David Mignot confirms no immediate DStv price increases post-takeover, promises expanded content library and reviews Showmax's future amid streaming competition.
Nigeria's African Exports Jump 14% to N4.82 Trillion
Nigeria's exports to African countries increased by 14% year-on-year to N4.82 trillion in the first half of 2025, with West Africa dominating as the primary destination.
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.
Bolt Ridesharing Surges in December Mobility Across Nigeria
Bolt ridesharing services experience significant growth in December as Nigerians opt for convenient transportation during the festive season, highlighting changing mobility patterns.
FG Inaugurates Team to Implement National IP Policy
The Federal Government has inaugurated a Technical Working Group to implement the new National Intellectual Property Policy and Strategy (NIPPS), aiming to boost innovation and economic growth.
Lagos, LCCI Partner on World-Class Convention Centre
Lagos State partners with LCCI to develop a major convention centre near Alaro City, aiming to boost business, tourism, and solidify Lagos as Africa's top investment hub. Read more.
China, Canada Agree Landmark Trade, Visa Deal
Canada's PM Mark Carney and China's President Xi Jinping seal a major trade pact, cutting canola tariffs and allowing visa-free travel. A strategic shift for Canada.
AU Pushes for U.S. Senate Approval of AGOA Extension
The African Union calls for U.S. Senate approval of a three-year AGOA extension. Meanwhile, new 25% tariffs threaten Nigeria, South Africa, and others trading with Iran. Read the full analysis.
Nigeria, UAE waive tariffs on 13,000 goods
Nigeria and the UAE have signed a landmark trade deal, eliminating tariffs on 13,000 goods. The agreement promises to boost exports, attract investment, and improve air connectivity. Discover the details and impact.
AU Welcomes U.S. Approval of AGOA's Three-Year Extension
The African Union welcomes the U.S. House's bipartisan approval to extend AGOA until 2028, a key trade pact boosting African exports. The bill now moves to the Senate for final approval.
Nigeria & UAE Sign Major Economic Partnership Agreement
Nigeria and the UAE have signed a landmark CEPA deal. It grants Nigerian goods duty-free access, boosts investment, and positions Nigeria as a gateway to Africa. Read the full details.
Nigeria, UAE Sign Major Trade Agreement on 7,000+ Products
Nigeria and the UAE have signed a historic Comprehensive Economic Partnership Agreement (CEPA), eliminating tariffs on thousands of goods and boosting market access for exporters and professionals.
Nigeria-UAE Sign Major Trade Deal to Eliminate Tariffs
President Tinubu announces a landmark economic partnership with the UAE, granting duty-free access for Nigerian exports and boosting investment. Discover the details and impact.
Nigeria, UAE Seal Landmark Trade Pact, Co-Host Investopia
Nigeria and the UAE have signed a major economic partnership and will co-host the Investopia summit in Lagos to attract global investors. President Tinubu announced a $30bn annual climate finance goal.
Agents Protest Shipping Charge Hike, Shut Down MSC Apapa
Clearing agents in Apapa have halted operations at MSC to protest a sharp increase in shipping tariffs, warning it will worsen inflation and raise import costs for Nigerians.
Customs Introduces New Rules for DDP Courier Companies
The Nigeria Customs Service has begun implementing a new Standard Operating Procedure for courier firms operating under Delivered Duty Paid. The move aims to streamline processes and boost revenue.
Customs Introduces New Rules for Courier Companies
Nigeria Customs Service rolls out a new Standard Operating Procedure for courier firms under DDP. Learn about the licensing, documentation, and compliance requirements now in effect.
Customs Introduces New Rules for Courier Companies
The Nigeria Customs Service has launched a new Standard Operating Procedure for courier firms using Delivered Duty Paid. Learn the key requirements and compliance steps.
Freight Agents Shut Down MSC Apapa Over New Charges
Freight forwarders in Lagos ports have shut down Mediterranean Shipping Company's Apapa office, protesting a new charge hike. They warn of rising import costs and consumer inflation. Read the full story.
Govt Orders Airlines, Shipping Lines to Submit Manifests via NSW
The Federal Government has directed all shipping lines and airlines to submit cargo manifests via the National Single Window platform. This move aims to streamline trade, cut delays, and boost revenue. Read the full details.
Balogun traders lament shop closures after fire
Traders in Lagos's Balogun Market face hardship as shops remain sealed weeks after the GNI building fire. Governor Soludo mourns victims as officials cite safety concerns.
Customs Generates N2.93trn at Apapa Port in 2025
The Nigeria Customs Service, Apapa Port Command, recorded N2.93 trillion revenue in 2025, a 24.32% increase. Controller Emmanuel Oshoba credits technology and stakeholder compliance. Read more.
Nigeria-China trade hits $22.3b, envoy projects growth
Bilateral trade between Nigeria and China surged to over $22.3 billion in the first ten months of 2025, a 30.2% year-on-year increase. The Chinese Consul-General in Lagos projects even stronger cooperation in 2026. Read more on the key sectors driving thi
Customs Generates N2.93tr at Apapa Port in 2025
Nigeria Customs Service's Apapa Command reports a record N2.93 trillion revenue for 2025, a 24.32% increase. The feat is credited to tech deployment and stakeholder compliance. Read more on the strategies and enforcement wins.
Traders Lament High Costs at Calabar Festival Village
Vendors at the 20th Calabar Christmas Festival Village report poor sales and tripled stall rents. Traders with 15+ years experience call for government intervention to review fees and improve coordination. #CalabarCarnival #Business
Kano Inland Container Depot Sees Terminal Record Growth
APM Terminals marks 10 years of its Kano ICD, reporting expansion to 11 shipping lines and 600 monthly containers. The company aims to restore Kano's historic role as a major trade hub for Niger and Chad. Read more.
Borno exports $0.8m shoes, develops industrial hub
Borno State boosts economy with $800k leather exports and launches a new industrial hub with a dry port. Governor Zulum presents N890.33bn budget for 2026. Read more.
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