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EU to curb cheap Chinese e-bike imports

EU to curb cheap Chinese e-bike imports

The European Union has called for the registration of Chinese electric bicycles imports in the Union. The call followed a move by the bloc to curb cheap imports which...

Petrol still retails at N145 per litre, says PPPRA

2019 elections: Nigeria’s petrol imports hit record high

In a bid to avoid shortages ahead of the 2019 presidential elections, about 1.5 million tonnes of motor fuel are said to be on ships, off West African shores. The bulk...

Tariff war: Chinese traders sell U.S. sorghum imports at sea

Chinese traders sell U.S. sorghum imports at sea

A ship carrying 70,223 tonnes of sorghum from the United States to Asia switched its destination on Thursday, data showed, becoming the latest diverted cargo in a trade...

bonded vehicle terminals.

Customs to harmonize date base for vehicle imports

The Nigeria Customs Service has said that it would soon harmonize its database for all imported vehicles into the country. Controller, Tin Can Island Port command,...

Director General, Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf

LCCI decries indiscriminate Customs queries on imports

The Lagos Chamber of Commerce and Industry (LCCI) has decried the indiscriminate valuation queries of invoice of imported items by the Nigeria Customs Service (NCS). It...

US Trade

Soaring imports push U.S. trade deficit to nine-year high

The U.S. trade deficit widened more than expected in December, hitting its highest level since 2008 as robust domestic demand pushed imports to a record high. The...

Vegetables

Algeria bans imports of cell phones, vegetables, other goods to curb trade deficit

Algeria has temporarily banned the import of 900 products including cell phones, household appliances and vegetables in a bid to cut a ballooning import bill following a...

U.S. trade deficit rises to near six-year high on record imports

The U.S. trade deficit increased more than expected in November as imports of goods surged to a record high amid strong domestic demand, making it likely that trade will...

India halts import tariffs hike on U.S. goods

U.S. trade deficit rises to near six-year high on record imports

The U.S. trade deficit increased more than expected in November as imports of goods surged to a record high amid strong domestic demand, making it likely that trade will...

RMRDC

FG to slash raw material imports by N3tr

By Patience Danjuma  The Federal Government says the National Strategy for Competitiveness in Raw Material and Product Development in Nigeria will help reduce...

NLNG

Pakistan imports Nigeria’s LNG to boost economic ties

By Patience Danjuma  Pakistan Head of Chancery, Asim Khan, says that his country has begun the importation of Nigeria’s Liquefied Natural Gas as part of efforts to...

Akinwumi Adesina

Africa expends $35bn annually on food imports, says Adesina

By Jite Eriabie  The President of African Development Bank (AfDB), Dr Akinwumi Adesina, says Africa was spending 35 billion dollars annually on food imports. Adesina...

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