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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...

Fruits

Zimbabwe bans fruit, vegetable imports

By Jite Eriabie  Zimbabwe on Tuesday banned fruit and vegetable imports to preserve its dwindling reserves of hard currency, signalling a warning of an immediate food...

Qatar imports rebound in August, suggesting sanctions impact fading

Qatar imports rebound in August, suggesting sanctions impact fading

By Editor The value of Qatar’s imports rebounded sharply in August from July, government data showed on Wednesday, suggesting the economic impact of sanctions imposed...

Customs seizes 1,100 rifles concealed in container

Seized rifles: Stakeholders urge FG to ban imports from Turkey

The recent interception of 1,100 pump action rifles at the Tin Can Island Port Complex by operatives of Nigeria Customs Service (NCS) last Monday has once again raised...

China banning coal, iron, seafood imports from North Korea

China banning coal, iron, seafood imports from North Korea

China announced Monday it is banning imports of coal, iron ore, seafood and other products from North Korea in line with new United Nations sanctions approved earlier...

Customs intercept 140 smuggled snakes, spiders, millipedes, others in Calabar-1

Customs hand over seized reptiles’ imports to Quarantine Service

The Nigeria Customs Service has handed over the three consignments containing 140 species of snakes and 660 other animals imported into Nigeria from Cameroun to the...

Shippers association ask FG to suspend palletisation of imports, says policy will increase cost of freight

Shippers association ask FG to suspend palletisation of imports, says policy will increase cost of freight

Ahead of the July 11 deadline for implementation of the Revised Import Guidelines, the Shippers Association of Lagos State has asked the federal government to suspend...

Bird flu

South Africa’s neighbours ban poultry imports after bird flu outbreak

Zimbabwe, Namibia and Botswana on Tuesday suspended poultry imports from South Africa with immediate effect following outbreaks of highly contagious H5N8 bird flu. South...