…among other matters, their pricing methodologies, production and capacity utilisation, exports and relevant commercial relationships. In the statement, explaining the basis for the Commission’s intervention, the Executive Vice Chairman of the FCCPC, Mr. Tunji Bello, said the investigation reflects the Commission’s resp…

…India’s Deputy High Commissioner to Nigeria, Vertika Rawat, said Indian pharmaceutical exports to Nigeria reached $315 million in 2024–25, with India accounting for about 40 per cent of Nigeria’s pharmaceutical imports and more than 90 per cent in some medicine categories. She put Indian investment in pharmaceutical ma…

…for singer Ayra Starr has established herself as one of Nigeria’s prominent Afrobeats exports, recording international successes with songs such as Rush and Commas. Her latest album further reflects her efforts to broaden her musical sound and strengthen her presence on the global stage. The release has also generated…

Dangote Refinery reduces LPG price to ₦950/kg, offering relief for households and businesses11 Plc follows suit, cutting LPG rate to ₦980/kg, highlighting price competition among suppliersRainoil and PPMC maintain prices, indicating mixed movements in the LPG market despite recent reductionsPAY ATTENTION: Find it f…

…needed to strengthen food production, reduce post-harvest losses, expand agricultural exports and support the development of Nigeria’s agricultural value chains. The minister said the review became necessary because the existing agricultural curricula had become outdated and were not preparing graduates for the realiti…

…maritime domain controlling over 95 percent of the carriage of Nigerian imports, exports, and associated freight earnings, while the local participation remains critically low, with indigenous ship owners capturing only about four percent to five percent of the market. Noting that this was largely due to systemic fundi…

…population. Portugal has continued its recovery from the financial crisis, with tourism, exports and technology companies supporting employment growth. Lithuania has benefited from economic growth, EU integration and investment in technology and infrastructure, while Latvia has seen employment supported by digital inno…

…cited South Korea as an example of a country that turned cultural products into global exports through investment, infrastructure and deliberate policy. He, however, said Nigeria has similar cultural resources but has yet to build the structures needed to capture their full economic value. The iDICE programme is also w…

…marginal surplus of N44.7bn to N7.55tn in the first quarter of 2026. The composition of exports also showed some changes, with exports of other oil products, excluding crude, rising by 51 per cent year-on-year to N6.78tn during the first quarter. The revenue service said improved investor confidence was also reflected…

…Starr joined Mavin Records in 2021 and has since become one of Africa’s biggest music exports, with chart-topping hits and growing recognition across Europe and North America. Don Jazzy’s clarification comes amid increasing scrutiny of artistes’ relationships with record labels as more Nigerian stars pursue global care…

…to reduce post-harvest losses, promote agro-processing and boost Nigeria’s agricultural exports. The Permanent Secretary, Federal Ministry of Innovation, Science and Technology, Dr Mukhtar Muhammed, disclosed this on Saturday in Abuja at the Seasonal Life & Harmonious China Cultural Exhibition held at the China Cultura…

…from 53 African countries as a major opportunity for Nigeria to expand agricultural exports to the Chinese market. He said commodities including sesame, ginger, cashew nuts and cocoa could benefit from improved access to China, potentially increasing farmers’ incomes and strengthening the rural economy. “With this zero…

…US-Canada trade remains tariff-free. RBC said the USMCA “continues to backstop” Canadian exports to the United States, but a broad collapse in bilateral free trade would upend the Canadian economy. AFP

Chinese exports and imports soared in July, official data showed Friday, as the manufacturing powerhouse benefits from a global AI boom lifting overseas demand for its tech products. The world’s second-largest economy last year achieved a historic trade surplus of nearly $1.2 trillion, helping its manufacturing sector…

…noted that over the past ten years, Afrobeats has been one of Africa's biggest cultural exports, opening major doors and turning local talents into global stars. However, he raised concerns about the distribution of success within the industry. He pointed out that while there are thousands of artists making Afrobeats m…

…in Nigeria may ease if the decline holds.Brent crude, the benchmark tied to Nigerian oil exports, fell $6.35, or 7.0%, to settle at $83.77 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $4.33, or 5.1%, to settle at $80.34.Fresh hopes emerge for cheaper petrol as international crude prices slide sharply.…

…Global partnerships that open markets. China’s zero-tariff policy for eligible Nigerian exports is a case in point, creating new pathways for agriculture, manufacturing, and solid minerals to reach 1.4 billion consumers. From the Lagos-Calabar coastal transport system to industrial parks in Ogun and Lekki, Chinese, Eur…

…expected to showcase Ayra Starr's continued evolution as one of Africa's leading music exports. The album follows a successful run of releases that have cemented the Mavin Records singer's place on the global stage, with fans eager to hear the full 16-track body of work when it arrives on August 14. Ayra Starr has cont…

…diaspora remittances, while Zambia’s kwacha continues to benefit from robust copper exports, the country's largest foreign exchange earner.These examples highlight how diversified export revenues and consistent foreign exchange inflows can strengthen national currencies.Naira ends July on positive noteAlthough it misse…

Africa must stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area. The National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Patience Okala, said this on…

…taking.” He said the government was also promoting value addition to reduce raw material exports and expanding access to affordable long-term financing through institutions such as the Bank of Industry. Enoh added that the Nigeria First Policy was being implemented to encourage patronage of locally manufactured goods,…

…would create jobs for millions of young Nigerians, strengthen the naira through higher exports and import substitution, and reduce emigration. “The reform half of Nigeria’s story has been written. “The industrial half will be written in kilowatt-hours, lending rates and port days. The window is open. No window stays op…

…50 trucks of onions from Nigeria without discrimination, adding that Nigeria currently exports about 16 trucks of onions to Ghana every week, while the Republic of Niger supplies another 10 trucks under existing trade arrangements. The association also commended the Federal Ministry of Industry, Trade and Investment of…

…adding that the Order should promote industrial growth, attract investment, encourage exports, strengthen food security, foster innovation and support Nigeria’s energy transition without undermining the integrity of the VAT system.He stressed the need to reduce uncertainty in VAT administration to enable taxpayers, inv…

…that improve competitiveness, encourage investment, expand local production, deepen exports, and position Nigeria as Africa’s industrial hub and the preferred manufacturing destination.” He noted that the second quarter witnessed increased business and government activities after a slow start to the year but was affect…