EndSARS Destruction Set Tinapa Back as Investment Hub – NEPZA
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) says the destruction of facilities at the Tinapa Free Trade Zone during the 2020 EndSARS unrest dealt a major blow to investor confidence and undermined efforts to position the complex as a hub for trade, tourism and industrial development. NEPZA’s Head of Corporate Communications, Dr […]
Nigeria’s Ports Record 12.3% Cargo Growth in Q2
By Oluwakemi Kindness Nigeria’s ports recorded a strong increase in cargo activity in the second quarter of 2026, with total throughput rising by 12.3 per cent to 35.74 million metric tonnes. The figure, contained in the Nigerian Ports Authority’s Q2 2026 Operational Performance Report, represents an increase from the 31.83 million metric tonnes recorded in […]
Minister Urges Reps to Fast-Track AfCFTA Domestication Bill
By Oluwakemi Kindness The Minister of Industry, Trade and Investment, Jumoke Oduwole, has urged the House of Representatives to expedite the passage of the African Continental Free Trade Area (AfCFTA) Domestication Bill, describing it as essential to unlocking trade, investment and economic opportunities for Nigeria. Speaking on Monday at the public hearing on the bill […]
High Production Costs Threaten AfCFTA Gains – NSDC
By Oluwakemi Kindness The Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, has warned that Nigeria risks losing the vast opportunities offered by the African Continental Free Trade Area (AfCFTA) unless it urgently lowers the cost of production for manufacturers. Speaking at the technical session of the 17th National Council on Industry, […]
Nigeria, Cuba Move to Strengthen Bilateral Relations
By Oluwakemi Kindness Deputy Speaker of the House of Representatives, Benjamin Kalu, has reaffirmed Nigeria’s commitment to deepening diplomatic and economic ties with Cuba, with a strong focus on healthcare, trade, agriculture, education and tourism. He made the remarks in Abuja on TuDeputy Speaker of the House of Representatives, Benjamin Kalu, has reaffirmed Nigeria’s commitment […]
Tinubu Approves Safe Passage for Niger-Bound Cargo
By Oluwakemi Kindness The Federal Government has approved the creation of safe corridors and safe passage to facilitate the movement of loaded trucks awaiting clearance to the Republic of Niger. The approval by President Bola Tinubu is part of ongoing efforts to ease transit bottlenecks and strengthen cross-border trade. The Comptroller-General of Customs (CGC), Adewale […]
NEPC: Non-Oil Exports Hit $6.1bn in 2025
By Oluwakemi Kindness The Nigerian Export Promotion Council, says Nigeria’s non-oil exports hit a record of six point 1 billion dollars in 2025, an 11.5 percent up from 2024. Executive Director/CEO of the NEPC, Nonye Ayeni, stated this in Abuja on Monday at a press briefing on the performance of the non-oil export for 2025 […]
Nigeria Customs Vows No Retreat on B’Odogwu Rollout, Warns on Cyberattacks
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has reaffirm its commitment to the full deployment of its Unified Customs Management System (UCMS), codenamed *B’Odogwu*. This is as it warns that recent cyber attacks targeting the platform amount to economic sabotage. Comptroller General of Customs (CGC) Adewale Adeniyi gave the assurance during a high-level stakeholders’ […]
Nigeria’s Non-Oil Exports Surges $3.23bn in First Half of 2025 — NEPC
By Oluwakemi Kindness The Nigerian Export Promotion Council (NEPC) has reported a 19.59 percent surge in non-oil exports, reaching $3.225 billion in the first half of 2025, compared to $2.66 billion in the same period last year. Executive Director/CEO of NEPC, Nonye Ayeni, who disclosed this at a press briefing in Abuja on Friday, attributed […]
NSIA Awards $220,000 Innovation Prizes to Nigerian Startups
By Oluwakemi Kindness The Nigeria Sovereign Investment Authority (NSIA) has announced winners of the third edition of its NSIA Prize for Innovation (NPI 3.0), awarding over $220,000 to Nigerian startups developing solutions in energy, agriculture, and healthcare. The announcement followed an intense pitch session at the NPI 3.0 Demo Day, where ten finalists, selected from […]