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Nigeria must diversify exports to lessen growing debts — W’Bank

The World Bank has warned that Nigeria and other Sub-Saharan African countries must pursue export diversification and fiscal reforms to effectively address their growing debt challenges. The warning was contained in the newly released International Debt Report 2025 published by the global financial institution. The report identifies Sub-Saharan Africa as an outlier among global regions, […]

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

Nigerian-made goods exports hit 67.2% Q2 2025

Manufactured goods exports from Africa’s most populous country surged by 67.2 per cent in the second quarter of 2025, an indication of a positive trend in the country’s industrial sector. Data from the foreign trade report showed that the country’s exports for the period rose to N803.8 billion in Q2 2025 when compared to N480.8 […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Suspension of raw shea nut export, a win for farmers, women — Tinubu

President Bola Tinubu has described the temporary suspension of raw shea nut exports as a strategic move to strengthen Nigeria’s shea value chain, create jobs and ensure greater economic benefits for farmers, particularly women. On Tuesday, the President ordered an immediate six-month ban on raw shea exports to curb informal trade, boost domestic processor utilisation, […]

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
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Nigeria’s exports to US fall over 20% in Q1 – Report

Nigeria’s exports to the United States dropped by over 20% in the first quarter of 2025, according to a new report from the United States Census Bureau, highlighting challenges in the nation’s trade performance amid volatile global oil markets. The data, published in the March 2025 edition of the US International Trade in Goods and […]