Nigeria Export Archives — City Business News

October 7, 2022 No Responses

SMEDAN Pledges To Push Nigeria’s Export Target To $35b

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), on Thursday in Abuja pledged to push Nigeria’s export target further to $35billion over the next five years. The Director-General of SMEDAN, Mr Olawale Fasanya said this at the closing...

March 16, 2022 No Responses

Nigeria Generates $3b From Non-Oil Export Products In 2021

The Nigerian Export Promotion Council (NEPC) has said that the country exported non-oil products worth 3.45 billion U.S dollars in the 2021 fiscal year. Executive Director of the NEPC, Mr Ezra Yakusak, who disclosed this while speaking at a seminar...

March 4, 2022 No Responses

NPA Designates Lilypond Terminal As Non-Oil Export Processing Facility

The Nigerian Ports Authority (NPA) on Thursday affirmed the designation of the Lilypond Container Terminal in Ijora, Lagos as a specialized processing and handling facility for the exportation of the country’s locally made finished and agricultural goods...

February 11, 2022 No Responses

CBN Introduces RT200 Programme To Improve Exports, Boost FOREX

The Central Bank of Nigeria (CBN) has introduced a new intervention programme (RT200) to help improve export receipts and boost the country’s foreign exchange earnings. The CBN Governor, Mr Godwin Emefiele, made this known on Thursday in Abuja, while a...

January 30, 2022 No Responses

Nigeria Exports 3,991Cocoa Beans Containers In 2021

Between January and December 2021, the Ondo/Ekiti Area command of Nigeria Customs Service (NCS) supervised the export of 3,991 containers of cocoa beans. The Area Controller, Comptroller Uche Ngozi, in a statement on Saturday explained that the developme...

November 30, 2021 No Responses

First Bank Holds Non-Oil Export Webinar Series

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the convening of its non-oil export webinar series. A statement sent to City Business News explained that the event is centere...

November 23, 2021 No Responses

Nigeria Targets $1.2b Export Capacity For States

The National Action Committee, African Continental Free Trade Agreement (AfCFTA) has emphasised the need to cascade down its activities to the subnational level with state governments playing a major role. Secretary of the committee, Mr Francis Anatogu, ...

September 16, 2021 No Responses

Ondo, Ekiti Export 2,233 Cocoa Bean Containers In Eight Months

Between January and August 2021, Ondo/Ekiti Area Command of the Nigeria Customs Service (NCS) processed the export of 2,233 containers of cocoa beans. Comptroller of Ondo/Ekiti Area Command, Uche Ngozi made the disclosure on Wednesday during a wo...

September 12, 2021 No Responses

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1

Federation of Agricultural Commodity Association of Nigeria (FACAN) says Nigeria’s agricultural export stood at N127 billion in the first quarter of 2021. The figure, according to the organisation, represents 128 percent increase, compared to N55.8 billion i...

September 11, 2021 No Responses

‘Export Africa Commodities As Single Products To Avoid Dual Taxation’

The Chairman/Chief coordinator of African Single Market World Commodities Summit and Expo, Mr Angelo Peter, has urged investors to ensure that African commodities are exported as single product as part of measures to discourage dual taxation. He made thi...

July 11, 2021 No Responses

‘Edo Inland Dry Port’ll Fast Track Nigerian Export’

The Edo State Governor, Mr. Godwin Obaseki, has said the Edo Inland Dry Port will create a new vista to boost Nigeria’s export. The governor made the submission at the Public-Private Dialogue on Inland Dry Port Operations in Nigeria orga...

April 2, 2021 No Responses

Nigeria To Explore Opportunities In Potato Value Chain

The Federal Government of Nigeria is to explore opportunities within the Potato Value Chain as part of measures to further achieve food nutrition and security in the country. Hajia Karima Babangida, the Director of Federal Department of Agricu...

March 25, 2021 No Responses

Nigeria Rolls Out N5b Palliative For Exporters

The Nigerian Export Promotion Council (NEPC) has rolled out a N5 billion international trade palliative for exporters and prospective exporters in the country.Assistant Director, Export Development and Incentives Department of the council, Mr Peter Njoku, e...

January 27, 2021 No Responses

CBN Appoints Pre-Shipment Agents For Non-Oil Exports

The Central Bank of Nigeria (CBN) has appointed three Pre-shipment Inspection Agents (PIAs) and two Monitoring and Evaluation Agents (MEAs) for the Nigerian non-oil sector. A statement issued by Director, Trade and Exchange ...