…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…

…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…