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Trade
FG Targets Under-7-Day Cargo Clearance at Nigerian Ports by 2026 – Shettima…
The Federal Government has set a bold target to reduce cargo clearance time at Nigerian ports to less than seven…
Nigeria’s National Single Window Project to Slash Cargo Clearance Costs and Boost…
The Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Kingsley Igwe, has…
Importers Face Rising Costs as U.S. Tariffs on Chinese-Built Ships Add $3.2…
Importers around the world, including Nigeria, are bracing for higher shipping and clearing costs as the United…
Nigeria, Japan Forge Partnership to Boost Mining Investments and Mineral…
Nigeria and Japan have agreed to deepen cooperation in the mining sector as both nations seek to unlock investment…
Nigeria’s Non-Oil Exports Surge Nearly 20% in H1 2025 Driven by Cocoa and Urea…
Nigeria’s non-oil exports rose by 19.6% to $3.225 billion in the first half of 2025, compared to $2.7 billion…
Nigeria to Launch Industrial Policy to Boost Manufacturing, Reduce Raw Material…
The Federal Government of Nigeria is finalizing a new comprehensive Nigerian Industrial Policy aimed at reducing…
US Tariff Hike Prompts Nigerian Insurance Sector to Strengthen Risk Management…
The Nigerian insurance industry has been advised to bolster its risk management frameworks in response to a 15%…
Africa Creative Market 2025 to Drive Export Growth and Global Investment
The Africa Creative Market (ACM) has announced that its 2025 edition will be centered on expanding Africa’s…
Trump Raises Nigerian Import Tariffs to 15% Amid Escalating Trade Disputes
U.S. President Donald Trump signed an executive order on July 31 increasing tariffs on Nigerian imports from 14 to…
Trump Tariffs Shake Indian Markets, Threaten Growth Outlook
Indian financial markets faced turbulence on Thursday after U.S. President Donald Trump imposed unexpectedly steep…
Naira Strengthens Amid Forex Oversupply and Security Clampdown — CBN Policies,…
Currency traders have cited a significant oversupply of dollars in the Nigerian forex market, combined with the…
Cedi Surges 40.7% Against Dollar in 2025, Driven by Strong Fundamentals and…
The Ghanaian cedi has posted a remarkable recovery in 2025, appreciating by 40.7% against the US dollar within the…
India Stays Calm Amid U.S. Trade Deadline Pressure, Leveraging Strategic…
As the August 1 deadline for a U.S.-India trade deal approaches—after which tariffs are set to rise to 26%, India…
Japan Confirms Forex Excluded from US Trade Deal, Eases Yen Pressure Concerns
Japanese Finance Minister Katsunobu Kato announced that the recent bilateral trade agreement between Japan and the…
Nigeria Targets $1 Trillion Economy by 2030 Through “Nigeria First”…
The Federal Government of Nigeria has reaffirmed its commitment to achieving a $1 trillion economy by 2030 through…
BRICS Tariff Threat: MAN Says US Action Could Spur Intra-African Trade, But Warns…
The Manufacturers Association of Nigeria Export Promotion Group (MANEG) has weighed in on the United States'…
Global Markets Dip as Trump Threatens New Tariffs on EU and Mexico
Wall Street and European share futures slipped slightly in early Asian trading on Monday after former U.S.…
Stakeholders Rally Behind Intra-African Trade to Drive Economic Growth and…
Nigeria is intensifying efforts to accelerate the implementation of the African Continental Free Trade Area…
US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties…
In a vibrant ceremony held at the U.S. Consul General’s Residence in Lagos, the United States Consulate marked its…
Treasury Yields Dip as Trump’s $3.9 Trillion Spending Bill Awaits Senate Decision
U.S. Treasury yields edged lower on Monday morning as market participants closely watched developments surrounding…
Global investment decline may worsen due to tariffs, UN trade agency warns
Global foreign direct investment (FDI) declined for the second year in a row in 2024, and projections for 2025…
NGX, SEC Strengthen Ties with China to Boost Cross-Border Capital Market…
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are intensifying efforts to…
Global Trade Rattled as Israel-Iran Conflict Drives Oil Prices and Inflation Surge
The renewed hostilities between Israel and Iran have ignited fresh concerns across global energy markets, with oil…
Afreximbank Projects $44 Billion in Trade Deals at IATF 2025 in Bold Push for…
The African Export-Import Bank (Afreximbank) is forecasting over US$44 billion in trade and investment agreements…
Global Economy Slows to Weakest Pace Since 2008, Warns World Bank
The global economy is expected to grow at its slowest rate since 2008—excluding periods of global recession—due to…
Nigeria’s FX Market Soars with $5.96bn Boost, Driven by Local Export and Import…
Nigeria's foreign exchange market witnessed a major uplift in May 2025, with total inflows jumping by 62%…
Naira Holds Firm Below N1,600 as Market Optimism Grows Despite Global Dollar…
The Nigerian naira maintained a relatively strong position below the N1,600/$ mark during the recent holiday…
US-China Trade Talks Enter Day Two Amid Tension Over Tech and Tariffs
Trade negotiations between the United States and China resumed in London for a second day, with both sides aiming…
Dollar Edges Up Amid Weak U.S. Data; Euro Holds Steady Before ECB Decision
The U.S. dollar showed modest gains on Wednesday, recovering from earlier losses caused by disappointing economic…
Oil Dips Over 1% as Surging U.S. Fuel Stocks Overshadow Crude Draw and Demand…
Oil prices fell by just over 1% on Wednesday following the release of U.S. government data revealing a sharp and…