Tag: Export
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Nigeria’s exports hit N2.7bn in 6 months – NEPC
The Nigerian Export Promotion Council (NEPC), says exporters raked in ₦2.7 billion from January to June. The Executive Director of NEPC, Nonye Ayeni, said this at a one-day sensitisation seminar for exporters on export contracts and use of International Commercial Terms ( INCOTERMS) organised by the council in Owerri, on Thursday.
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Why price of cooking gas crashed – FG
The recent crash in the price of Liquefied Petroleum Gas, (LNG) popularly called cooking gas has been linked to the Federal Government’s ban on its export.
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UBA, Saudi EXIM Bank partner to enhance business relations
Africa’s Global Bank, United Bank for Africa (UBA) Plc, and Saudi Export-Import Bank (Saudi EXIM), a premier export credit agency in the Kingdom of Saudi Arabia, have announced a partnership aimed at strengthening
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NAFDAC releases top 10 rejected Nigerian food abroad
The National Agency for Food and Drug Administration and Control (NAFDAC) has released a list of 10 rejected Nigerian food items abroad, blaming the rejection on non-adherence to standardized clearance procedures by stakeholders
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TNG Deal Breakers: Export losses denting Nigeria’s image, curtailing entrepreneurship and solutions
Commodities, agricultural and food products are Nigeria’s forte or should be the real mainstay of the country’s economy given the vast cultivable lands and the markets for exportable packaged products. The rejection of Nigerian exports by oversea buyers has for long been one of the sorest points in the quest to earn more revenue from…
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Ukraine to resume electricity exports to Europe after 6 month halt
Ukraine will resume exporting electricity to Europe after a six-month pause due to crippling Russian missile attacks on the country’s infrastructure, Energy Minister German Galushchenko, said on Friday. “The Ukrainian power grid had been functioning for almos
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NNPC hits $224.29 million proceeds from export of crude oil, gas in August 2021
The Nigerian National Petroleum Company (NNPC) Limited recorded $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021.
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Reps want briefing from CBN on new import, export guidelines
Reps want briefing from CBN on new import, export guidelines
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CBN set target to boost Nigeria’s export trade to $12bn
The Central Bank of Nigeria (CBN) has set a target to boost Nigeria’s export trade to about $12 billion by the year 2024. This was disclosed by the Principal Manager, Trade and Exchange Department, CBN, Mr Richard Maikai, who noted that the apex bank will through a set of policies diversify the nation’s economy from…