Nigeria’s trade profile is heavily defined by hydrocarbons, with crude oil and gas consistently leading its export basket. Yet, across
Nigeria’s total merchandise trade stood at ₦38,037.52 billion in Q2 2025, reflecting a 20.05% increase from ₦31,683.75 billion in Q2
Nigeria’s cocoa sector has suffered a setback as exports plunged 60% in the second quarter of 2025 compared to the
Nigeria has achieved a trade surplus of N7.46 trillion in the second quarter of 2025, according to the National Bureau
The Nigeria Customs Service (NCS) has officially launched a duty-free import policy, allowing goods valued at $300 or less to
The Nigerian Postal Service (NIPOST) has implemented a mandatory $80 customs duty for all parcels shipped to the United States,
The European Union is preparing to fast-track legislation this week to remove all tariffs on US industrial goods, a key
U.S. President Donald Trump’s decision to double tariffs on Indian imports to as much as 50% took effect on Wednesday,
Nigeria is seeking to expand its current $1 billion trade volume with Japan at the ninth Tokyo International Conference on
World Trade Organization (WTO) Director General, Dr. Ngozi Okonjo-Iweala, has commended President Bola Ahmed Tinubu for stabilizing Nigeria’s economy. She
U.S. President Donald Trump signed an executive order placing a fresh 25% tariff on Indian goods, specifically motivated by India’s
Nigeria imported $5.64 billion in capital in Q1 2025, up 67.1% from $3.38 billion in Q1 2024 and 10.9% from $5.09 billion in Q4 2024, according
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