Business Export Top Story

NAFDAC to review sanctions for substandard product exporters

The National Agency for Food and Drug Administration and Control (NAFDAC) has announced its intention to revise sanctions for exporters of substandard products. Prof. Mojisola Adeyeye, Director-General of NAFDAC, conveyed this decision during a press conference on Tuesday. She expressed her dismay at the high rate of substandard goods being rejected in foreign countries and Read More…

Business Commodities Export Top Story

2022 exports from Nigeria totalled 214

Nigeria exported a total of 214 products in 2022, according to the Nigerian Export Promotion Council (NEPC). This was stated at the Commerce and Industry Correspondents Association of Nigeria (CICAN) conference on Wednesday in Abuja by the Executive Director of NEPC/CEO, Dr. Ezra Yakusak. The role of the non-oil sector towards economic diversification and GDP Read More…

Business Economy Top Story

NEPC: Non-oil exports will save Nigeria’s economy

Nigeria’s economic existence will be ensured, according to the Nigerian Export Promotion Council (NEPC). This was said by Dr. Ezra Yakusak, Executive Director/CEO of NEPC, during a news conference announcing the NEPC Export Week, which will take place from November 21 to November 26. Yakusak emphasised that Nigerians must support non-oil exports since they are Read More…

Business Commodities News

21 ships discharge petroleum produce and other commodities at Lagos ports

The Nigerian Ports Authority (NPA) on Wednesday said that 21 ships arrived at Lagos ports and were discharging petroleum products, bulk wheat, general cargo, frozen fish, container, bulk gypsum and others. The authority said 16 other ships were expected to arrive at the ports between Aug. 24 and Sept. 2. It listed the expected items Read More…

Business Commodities Top Story

CBN repositions Nigerian Commodity Exchange

Emefiele commits N50 Billion to revamping the exchange The Central Bank of Nigeria (CBN) says it is committing N50 billion to reposition the Nigeria Commodity Exchange (NCX), CBN Governor, Mr Godwin Emefiele, has said. Emefiele, who disclosed this, on Thursday, at an inaugural meeting of the Steering Committee for the repositioning of the NCX, added Read More…

Commodities Featured

NPA expects 19 ships with petroleum products, others at Lagos port

The Nigerian Ports Authority (NPA) says it is expecting 19 ships, laden with petroleum products, food items and other goods from Sept. 23 to Oct. 3. The NPA made this known in its “Shipping Position” publication in Lagos on Wednesday. According to the publication, the ships are being expected at the Lagos Port Complex. It Read More…

Commodities Featured Trade

NPA expects 14 ships with petroleum products, others at Lagos port

PICTURE ABOVE CREDIT: FINANCIAL TIMES The Nigerian Ports Authority (NPA) says it is expecting 14 ships laden with petroleum products, food items and other goods from Saturday to July 25. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Read More…

Business Commodities

17 ships with petroleum products, others expected at Lagos port

PICTURE ABOVE CREDIT: businessamlive.com The Nigeria Ports Authority (NPA) said 17 ships laden with petroleum products, food items and other goods are expected to berth in Lagos ports from July 9 to July 20. The NPA made this known in its publication, `Shipping Position’, on Thursday. The publication said that the ships were conveying frozen Read More…

Business Commodities Featured

28 ships laden with petroleum products, other items at Lagos ports

The Nigerian Ports Authority (NPA) said on Tuesday that 28 ships laden with petroleum products, food items and other goods had arrived Lagos Port Complex waiting to berth. NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos. According to Read More…