
Afreximbank Disburses $18.7 Billion to Boost African Trade and Industrialization
Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions
Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions
Nigeria’s exports rose to N20.6 trillion in Q1 2025, with crude oil dominating trade. Trade surplus hits N5.17 trillion amid higher exports
Nigeria cuts electricity exports to Niger Republic by 42% as unpaid debts and military coup strain bilateral energy ties, fueling a solar energy boom in Niger.
The Nigerian federal government is weighing a major shift in its economic strategy following U.S. President Donald Trump’s 14% tariff
U.S. President Donald Trump has announced a 14% tariff on Nigerian exports, citing trade imbalance. The new policy impacts over 50 countries and sparks global trade concerns.
Mali, Burkina Faso, and Niger have imposed a 0.5% import duty on Nigeria and other ECOWAS nations to fund their newly formed Alliance
WTO and IMF commend Nigeria’s economy reforms under President Tinubu but warn of severe inflation, naira devaluation and corruption
CBN calls on business-minded Nigerians to take advantage of the export potentials unlocked by the weakened naira.
Nigeria’s BOI launches the Pricesense app to monitor real-time food prices, aiming to curb inflation caused by food cartels and rising costs.
Nigeria recorded a 201% increase in exports in Q3 2024, driven by improved oil production, diversification efforts, and stronger trade partnerships