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.
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.
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.
President Bola Ahmed Tinubu has appointed Dalhatu Abubakar as chairman of the Nigeria Commodity Exchange alongside new board members. He also named Patience Okala as national coordinator of Nigeria's AfCFTA office to boost trade and non-oil exports.
Indian High Commissioner Abhishek Singh reaffirms commitment to boosting bilateral trade with Nigeria, focusing on mining and steel sectors during a visit to key industrial facilities in Kaduna and Niger States.
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RecommendedMinister Jumoke Oduwole advocates for a fair, inclusive global trading system at WTO MC14 in Cameroon, highlighting Africa's low trade shares and the need for industrialization.
Nigeria's trade modernization advances as DHL, SON, and other agencies start electronic cargo manifest transmission on the National Single Window platform, enhancing efficiency and transparency.
The UK-Nigeria Enhanced Trade and Investment Partnership meeting highlights progress, with NEPZA promoting free trade zones to boost non-oil exports and attract UK investors through regulatory cooperation and incentives.
Nigeria's National Single Window platform experienced initial glitches during cargo manifest uploads at DHL's Apapa office, but technical teams swiftly resolved issues, showcasing inter-agency collaboration to streamline trade processes.
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.
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RecommendedThe 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.
The Nigeria Customs Service and UK's HMRC have enhanced cooperation through a high-level meeting in London, focusing on customs modernization, data transparency, and trade facilitation under the ETIP framework.
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.
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.
Bilateral trade between the UK and Nigeria has reached a record £8.1 billion annually, with new investments from banks, fintech, and companies creating hundreds of jobs ahead of President Tinubu's state visit.
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RecommendedThe 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.
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.
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+ 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 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.
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RecommendedThe 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 services experience significant growth in December as Nigerians opt for convenient transportation during the festive season, highlighting changing mobility patterns.
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 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.
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.
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RecommendedThe 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 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.
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 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 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.
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RecommendedPresident Tinubu announces a landmark economic partnership with the UAE, granting duty-free access for Nigerian exports and boosting investment. Discover the details and impact.