Oil Palm Has Positioned Edo To Lead Nigeria’s Exports, Says Obaseki

Oil Palm Has Positioned Edo To Lead Nigeria’s Exports, Says Obaseki

The Edo State Governor, Mr. Godwin Obaseki, has said the Federal Government can tackle the current foreign exchange crisis by advancing fiscal policies to encourage manufacturers to boost local production and access necessary credit to boost exports of Nigeria-made products....
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WCO Honours NPA MD, Bello-Koko

WCO Honours NPA MD, Bello-Koko

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, has bagged a Merit Award from the World Customs Organization (WCO) on the occasion of the International Customs Day, 2024. Mohammed Bello has since appointment as MD/ CEO of NPA...
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Nigeria Firm To Export Gas To South Africa

Nigeria Firm To Export Gas To South Africa

A Nigerian-based energy company, Riverside LNG, has revealed ongoing discussions regarding a potential agreement to supply gas to South Africa from the first quarter of 2024.   This would mark the first such deal between the two nations, sh...
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NSC, PEBEC, Others Brainstorm On Exports Of  Agro Products Bottleneck

NSC, PEBEC, Others Brainstorm On Exports Of  Agro Products Bottleneck

The Nigerian Shipper’s Council (NSC) in collaboration with the Presidential Enabling Business Environment Council (PEBEC) and some key stakeholders, recently, held a brainstorming session on how to tackle agro export bottleneck.  According to the Execut...
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Nigeria Explains $2.5b Non-Oil Exports In Six Months

Nigeria Explains $2.5b Non-Oil Exports In Six Months

The Nigerian Export Promotion Council says the country generated $2.5 billion from January to June from non-oil exports. The Executive Director of the NEPC, Dr. Ezra Yakusak, revealed this at a one-day workshop for emerging exporters. At the event on...
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Shell Resumes Exports At Forcados Terminal

Shell Resumes Exports At Forcados Terminal

Nigeria’s crude oil export is set to rise as Shell Petroleum Development Company (SPDC) has announced that exports of Nigeria’s Forcados grade of crude oil have resumed. Shell spokesperson told Reuters on Monday that the loading had resumed roughly a...
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NPA Partners Agencies On Accelerated Import, Export

NPA Partners Agencies On Accelerated Import, Export

The Nigerian Ports Authority (NPA) is working closely with other government agencies such as Customs, Shippers’ Council and Nigerian Maritime Administration And Safety Agency (NIMASA) to ensure that imports and exports are cleared out of the port f...
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India Bans Rice Exports

India Bans Rice Exports

India has outlawed the export of non-basmati white rice in an attempt to ward off looming domestic price spikes. BBC report that heavy rains have hurt crops in the country and rice prices have risen by more than 11% over...
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NEXIM Partners Fidelity Bank, Sapphital On Export

NEXIM Partners Fidelity Bank, Sapphital On Export

The partnership will help improve the skills and performance of export businesses in Nigeria by leveraging the NEXIM Export Academy (NEXA); an online platform that provides exporters with capacity-building training and access to finance to scale their business...
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SNEPCo’s Bonga FPSO Hits 1b Barrel Milestone

SNEPCo’s Bonga FPSO Hits 1b Barrel Milestone

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday.  The Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Mrs Elohor Aiboni, explained in a statement t...
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FG Earns $4.820b From Non-Oil Export In 2022 

FG Earns $4.820b From Non-Oil Export In 2022 

Nigeria recorded a non-oil export earnings of $4.820 in 2022, the Nigerian Export Promotion Council (NEPC), disclosed on Friday in Abuja.  Presenting the 2022 non-oil export report, the Executive Director/CEO of NEPC, Dr Ezra Yakusak explained that this r...
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Emefiele: Export Proceeds Repatriation To Hit $1b In Q4 

Emefiele: Export Proceeds Repatriation To Hit $1b In Q4 

The Governor, Central Bank of Nigeria (CBN),  Godwin Emefiele, on Saturday expressed optimism that export proceeds repatriation for rebate would hit N1billion fourth quarter of 2022.  Emefiele said this at a press conference on the outcome of th...
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NPA Inaugurates Export Processing Terminal In Lagos

NPA Inaugurates Export Processing Terminal In Lagos

The Nigerian Ports Authority (NPA), on Tuesday, inaugurated export processing terminal, Diamond Star Export Processing Terminal in Lagos.  The terminal situated at Lilypond in Ijora, would ensure speedy and seamless processing of export cargoes accessing ...
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SEC, UBA, BoI, Others Elaborate On Non-Oil Export Opportunities

SEC, UBA, BoI, Others Elaborate On Non-Oil Export Opportunities

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector.  The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the Financ...
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