Tag: Export

India Bans Rice Exports
July 21, 2023 No Responses

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
June 30, 2023 No Responses

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
February 14, 2023 No Responses

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 
January 14, 2023 No Responses

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 
December 11, 2022 No Responses

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
November 2, 2022 No Responses

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
September 19, 2022 No Responses

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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Nigeria Exports $2.6b Non-Oil Products In Six Months
August 24, 2022 No Responses

Nigeria Exports $2.6b Non-Oil Products In Six Months

Nigeria exported over 4. 146 million metric tonnes of non-oil products, worth $2.593 billion from January to June 2022, the Nigerian Export Promotion Council (NEPC), disclosed on Tuesday.   Presenting the first half year 2022 progress report to Journ...
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CBN, Bankers’ Committee To Unveil Non-Oil Export Optimisation Framework 
June 15, 2022 No Responses

CBN, Bankers’ Committee To Unveil Non-Oil Export Optimisation Framework 

The Central Bank of Nigeria (CBN) has developed a comprehensive non-oil export optimisation framework, which would be launched at its maiden summit on non-oil exports on June 16.  The Director, Corporate Communications Department, CBN, Mr Osita Nwanisobi,...
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First Bank Trains 80 Women Entrepreneurs On Export  
June 9, 2022 No Responses

First Bank Trains 80 Women Entrepreneurs On Export  

The Nigeria Export Promotion Council (NEPC) in collaboration with First Bank of Nigeria has commenced training of 80 women entrepreneurs in modern export skills in Sokoto State.  The Head, Trade Promotion Advisor, NEPC, Sokoto Smart Office, Mr Ahmed Yahay...
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Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others
May 20, 2022 No Responses

Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others

The Edo State Governor, Mr. Godwin Obaseki, has said the development of the Benin River Port will guarantee the diversification of the nation’s economy from oil into the non-oil sector such as agriculture and agro-allied businesses, placing the country on...
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17 Ships Discharge Petrol, Wheat, Frozen Fish, Others At Lagos Ports
May 10, 2022 No Responses

17 Ships Discharge Petrol, Wheat, Frozen Fish, Others At Lagos Ports

The Nigerian Ports Authority (NPA) on Monday said 17 ships had arrived Lagos Ports and were discharging petrol, bulk wheat, frozen fish, bulk salt, butane gas, bulk sugar and ethanol.  The authority said 25 other ships were also expected to...
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Fidelity Bank Drives Non-Oil Exports Awareness In North Central Through RT200 FX Seminar 
April 15, 2022 No Responses

Fidelity Bank Drives Non-Oil Exports Awareness In North Central Through RT200 FX Seminar 

Governor Simon Lalong of Plateau state has lauded the RT200 FX Programme by the Central Bank of Nigeria’s (CBN), stating that the nation stands to gain a lot in terms of expanding its foreign exchange earning capacity through previously underutilis...
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Fidelity Bank Takes Non-Oil Exports Campaign To North Central
April 11, 2022 No Responses

Fidelity Bank Takes Non-Oil Exports Campaign To North Central

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy.   ...
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