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Tag: Export

Food

Nigerian onion traders suspend exports to Ghana over harassment

The multi-million dollar onion trade between Nigeria and Ghana has been thrown into uncertainty after Nigerian onion traders announced the immediate suspension of onion exports to Ghana. The traders cited persistent harassment, intimidation and the seizure of trucks by local trader groups in Accra. The development, which threatens a major segment of agricultural trade within […]

Business

Palm oil drove 20.7% surge in Malaysia’s 2025 exports to Nigeria

Malaysia’s exports to Nigeria increased by 20.7 per cent in 2025, reaching a total value of $664 million. This rise reflects growing bilateral economic relations and deeper engagement between the two countries amid global trade uncertainties. The export growth was mainly driven by a 33.7 per cent rise in palm oil and palm oil-based agricultural […]

featured Ports and Airports

NPA urges traders to embrace new export channels

The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has urged traders and investors to leverage new export channels to reposition Nigeria globally. Marking the 2026 NPA Special Day on Saturday, Dantsoho said the authority introduced simplified processes to dismantle long-standing bureaucratic bottlenecks hindering export participation. He explained the reforms aimed to boost […]

FG targets 6500 megawatts power generation in six months
Electricity featured

Nigeria projects $1bn annual power export revenue by 2026

The Federal Government is forecasting almost $1 billion (approximately N1.49 trillion) in yearly revenue from exporting electricity to 15 West African countries under the Economic Community of West African States sub-region, starting in June 2026. This earning projection is based on the potential revenue from exporting a full 600 megawatts capacity, billed at the prevailing […]

Business

Osun partners FG to export made-in-Osun goods globally

Osun State Governor, Ademola Adeleke, has revealed that his administration is actively collaborating with two Federal Government agencies to ensure that goods produced within the state successfully reach the global market. Governor Adeleke specifically identified the collaborating agencies as the Nigerian Export Promotion Council and the Nigerian Investment Promotion Commission, stating the partnership aims to […]

Monthly petrol import drops by 990m litres - Minister
Oil and Gas

Nigeria achieves petrol export milestone with N371.54bn shipment

Nigeria has made a significant breakthrough in its energy sector, exporting Premium Motor Spirit, popularly known as petrol, worth N371.54 billion in the second quarter of 2025. This milestone marks the first recorded shipment of the product after the Dangote Petroleum Refinery, Africa’s largest single-train refining complex, came online. According to the National Bureau of […]

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
News

Nigeria’s raw materials exports rise despite value addition policy

Despite the federal government’s efforts to mandate value addition before export, the value of raw materials exported from Nigeria rose drastically by 159 per cent year-on-year to N1.87 trillion in the first half of 2025. This increase is also reflected in the quarter-on-quarter comparison, with a 67.8 per cent rise from N1.11 trillion in the […]

Nigerian food exports rise amid naira devaluation concerns
News

Nigerian food exports rise amid naira devaluation concerns

Melvin Onwubuke The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Dele Kelvin Oye Esq., has said that the recent devaluation of the naira was fuelling food and grain export to West African countries as Nigeria’s food is now the cheapest in the West African, region due to the […]

Crude hits $83 as Nigeria's export passes 1.4mbpd
Oil and Gas

Crude hits $83 as Nigeria’s export passes 1.4mbpd

Data from the Federal Government indicates Nigeria’s oil output surged to 1,426,574 barrels per day in January 2024. This news caused the global benchmark for crude, Brent, to rise to $83.19/barrel on Tuesday evening, moving up $1.19 from its overnight price. The PUNCH stated that, Nigeria would receive more foreign cash due to the small […]

Japan's exports slip, sparks global economic concerns
News

Japan’s exports slip, sparks global economic concerns

Japan has experienced a decline in its exports for the first time in almost two and a half years, driven by weakened demand for light oil and chip-making equipment. This situation has raised worries about a possible global recession, particularly as key markets like China face a drop in demand. Recent data from the Ministry […]

NEPC, GIZ promote production in agricultural sector
Business

NEPC trains 50 onion farmers, marketers on export process in Sokoto

50 onion farmers and marketers have received training from the Nigerian Export Promotion Council on export regulations, financial incentives, and other value chains. The NEPC Trade Adviser and Head of the Sokoto zonal office, Yahaya Ahmad-Sukaraiju, stated that the training was a part of the organization’s attempts to educate company owners about onion value chains. Ahmad-Sukaraiju […]

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