Ghana, Angola overtake Nigeria in number of piracy attacks 

  Ghana and Angola have passed Nigeria in the number of reported piracy incidents in their…

Nigeria records negative trade balance

  Nigeria’s balance of trade position has reversed from surplus to deficit, recording a $20 million trade…

Nigeria ratifies AU convention on cross border cooperation

  The Federal Executive Council (FEC) has approved the African Union (AU) Convention on Cross-Border Cooperation…

Nigeria removed from IBF unsafe water list

  Nigeria has been removed from the list of countries designated as navigation risk by the…

Nigeria GDP growth shrinks to 3.1%

  Nigeria recorded annual Gross Domestic Product (GDP) growth of 3.1 percent in 2022, representing a…

Nigeria’s inflation soars to 21.82% 

  Nigeria’s inflation soared to 21.82 per cent in January 2023, according to the National Bureau…

APM Terminals Apapa: Setting standards for port digitalisation in Nigeria

  Since its inception at the Lagos Port Complex Apapa in 2006, Nigeria’s largest container terminal,…

Nigeria earned $4.8bn from non-oil export in 2022 – NEPC

  The Nigerian Export Promotion Council has expressed its commitment to ensure that in 2023, Nigeria…

Moody’s further downgrades Nigeria’s credit rating

  Moody’s Investors Service has downgraded Nigeria’s rating further as the global credit ratings agency expects the government’s fiscal…

Nigeria, India trade volume hit $14.95bn

    The trade volume between Nigeria and the Republic of India has reached $14.95 billion,…

Nigeria, others to enjoy zero duty exports to UK

  The UK Government has launched the Developing Countries Trading Scheme (DCTS) in Nigeria. The DCTS…

Nigeria’s Port Health Services says COVID-19 vaccination now compulsory for travellers 

  The Federal Government has said that all travellers arriving Nigeria must now provide evidence of…