***Exports grow as coking gas shortages persist***Stakeholders blame poor policy alignments, seek overhaulsBy Udeme Akpan, Energy Editor Despite more than 200 trillion cubic feet (Tcf) of proven natural gas reserves and nearly two decades of multiple policies aimed at making gas the foundation of Nigeria’s industrial e…

…as another significant burden, particularly for businesses dependent on imports and exports. "Port inefficiency remains a significant 'hidden tax' on investment," it said.According to the department, Lekki Deep Seaport handled $9.6 billion in trade in 2025 while operating at 50 per cent capacity, easing pressure on old…

…foreign trade data from the National Bureau of Statistics showed that agricultural exports fell by 33.28 per cent, or N985.14bn, to N1.98tn in H1 2026 from N2.96tn in H1 2025. Agricultural imports fell by only 8.50 per cent, or N188.74bn, to N2.03tn from N2.22tn over the same period. The gap between the two movements p…

…NEPC boss highlighted the Council’s recent achievements in promoting Nigeria’s non-oil exports, including the country’s record non-oil export earnings of about $6.1 billion in 2025, representing an increase from $5.46 billion recorded in 2024. She said 281 products were exported to 120 countries during the period. Ayen…

…foreign exchange market. Tinubu said Nigeria recorded its highest revenue from non-oil exports in 2025, exceeding $6 billion. “This is real money being made by real Nigerian businesses,” he said. The President said international observers, journalists, non-governmental organisations and multilateral institutions had al…

…agricultural sector, saying it would create jobs, improve food security, increase exports and move the country from subsistence to commercial agriculture. They made the call at the two-day symposium and exhibition held by Lagos Chamber of Commerce and Industry, LCCI, in Lagos. According to them, industrialisation would…

…event as a pivotal stepping stone for local importers looking to diversify into non-oil exports. Reaffirming the institution’s long-term strategy, the Divisional Executive at Wema Bank, Tajudeen Bakare, emphasized that the bank’s relationship with the cohort extends far beyond classroom instruction. He explained that W…

…critical to the growth of the livestock sector as Nigeria seeks to expand production and exports. “No trading partner will take any piece of meat from you if you don’t have a system capable of tracing livestock and livestock products through the value chain,” she said.See more Punch stories on Google.Add Punch on Googl…

…for modern technologies, energy systems and industrial production. Yet Africa frequently exports raw materials while importing finished products made from those same resources. Mahama’s response was unequivocal: “We will process our minerals at home.” That is not merely an economic slogan. It is a development strategy.…

…market, while 9.73ml/d was exported.For AGO, domestic receipts stood at 12.37ml/d, while exports reached 8.75ml/d.Nigeria Gets More Petrol From Dangote Refinery as Crude Supply to Local Refineries Surges>The refinery recorded 3.07ml/d in domestic ATK receipts, compared with 21.30ml/d exported during the month.The facil…

…market, while 9.73ml/d was exported. AGO domestic receipts stood at 12.37ml/d, against exports of 8.75ml/d, while ATK domestic receipts were 3.07ml/d compared with exports of 21.30ml/d. The refinery ended August with stocks of 360.4 million litres of PMS, 137.2 million litres of AGO and 133.3 million litres of ATK. The…

…Statistics, NBS, showed that Nigeria’s total merchandise trade comprised N27.02 trillion exports and N14.42 trillion imports during the quarter. Apapa Port, Lekki Deep Sea Port and Tin Can Island accounted for the bulk of the trade, with their combined export and import flows estimated at N34.90 trillion. Apapa Port al…

…are not mutually exclusive, as the country has adopted a dual pathway which leverages exports for foreign exchange earnings while advancing domestic gas utilization to create job opportunities, deepen energy security, and economic wellbeing. Ogunleye said Nigeria has de-risked new LNG projects through a robust legal an…

US sanctions and a blockade of Iranian oil exports are deepening the economic crisis in Iran, as crude prices surged towards $100 per barrel amid renewed tensions in the Middle East. Brent crude, the international benchmark, climbed to $97 per barrel on Thursday before retreating to $95.50, according to Oilprice.com, a…

…said that Nigeria exported 281 non-oil products to 120 countries in 2025 Ahmed said the exports generated $6.1bn, describing the figure as the country’s highest formally documented non-oil export performance. He disclosed this at the Premier Export Launchpad Bootcamp organised by the World Trade Centre Abuja on Thursda…

…war on global food supplies, saying Ukraine had accounted for 12 per cent of global corn exports, 10 per cent of wheat exports and 50 per cent of sunflower oil exports before Russia’s 2022 invasion. “But Russian strikes on Ukraine’s ports and civilian shipping have also escalated,” she said, adding that the attacks wer…

…progress, productivity, investment, infrastructure, innovation, Nigerian enterprise, exports, human capital, and we choose President Bola Ahmed Tinubu.” Also speaking, the Chairman, Board of Trustees BoT of the APC Professionals Forum, Dr Isa Yuguda, who chaired the Fuel Subsidy Task Force in 2009, said the committee h…

…is the country's primary oil export terminal and handles around 90 per cent of its oil exports. The post came hours after the US struck two Iranian launchers for the first time in weeks, with several people reportedly killed and injured. The strikes took place on Iran's Larak Island on Sunday, August 30, according to a…

…whose full name is David Adedeji Adeleke, is one of Africa's biggest music exports and is known for his commanding stage presence. Whether this particular moment was a deliberate rebuff or an honest oversight, it was enough to send fans straight to the comment sections.Watch

…as a major factor behind the sharp increase in Nigeria’s seaborne petroleum product exports. Nigeria’s seaborne petroleum product shipments averaged 561,000 barrels per day in the second quarter of 2026, compared with an annual average of 79,000 barrels per day in 2023. Dangote Petroleum Refinery’s jet fuel has emerged…

…to that era," Sani said.According to Guardian, he questioned the logic of a country that exports crude oil, imports refined petroleum products, and then spends its foreign exchange subsidising those imports for domestic consumption."But a politician that has been in the economic field for a very long time telling us th…

…50-percent duties impacting some $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States, came into force. Impacted products range from hockey sticks to cement. US Trade Representative Jamieson Greer said Friday that “tonight, Canada declined to finalize the trade deal under the terms agreed…

…smaller domestic refineries, lead to job losses, and end Nigeria's newly established exports of refined products to Europe, Asia, and the United States.Presidency: Money that once funded subsidy now goes to statesOnanuga said the roughly N15 trillion that previously went into the subsidy now flows to the three tiers of…

…secure transportation channels, production targets falter, refining plans collapse, exports decline, and fiscal projections become unreliable.” Continuing, he wrote: “Asset protection, in this context, is not a supporting activity. It is a precondition for economic order. In effect, the pipeline is the hinge on which t…

…demanding records relating to pricing methodologies, production, capacity utilisation, exports and commercial relationships. “Next is to determine whether prevailing cement prices can be explained by legitimate costs and market conditions, or whether there is evidence of coordinated conduct, abuse of market power, rest…