Tag: #NigeriaTrade
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MALAYSIA–NIGERIA TRADE HITS $664M AS EXPORTS SURGE 20%
Stronger ties, bigger deals — Malaysia ramps up exports to Nigeria, driven by palm oil, machinery, and booming partnerships. Trade relations between Nigeria and Malaysia are heating up, with Malaysia’s exports to Nigeria jumping by 20.7% to $664 million in 2025 — a sign of deepening economic ties. Data from the Malaysia External Trade Development…
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NIGERIA MUST REFORM AIR CARGO TO MAXIMISE AfCFTA GAINS – SEREC
Experts warn fragmented air cargo policies could cost Nigeria its competitive edge under Africa’s free trade pact. The Sea Empowerment Research Centre (SEREC) says Nigeria’s air cargo system must be overhauled to boost AfCFTA trade, national competitiveness, and economic growth. In a policy brief, Dr. Eugene Nweke highlighted that air cargo is vital for high-value,…
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OPEN THE DOORS BOTH WAYS: EXPERT DEMANDS VISA RECIPROCITY IN NIGERIA’S TRADE DEALS
No mobility, no real benefits — policy expert says trade pacts must work for Nigerians, not just capital The Founder of the Africa Development Studies Centre (ADSC), Victor Oluwafemi, is urging the Federal Government to make visa reciprocity a non-negotiable part of Nigeria’s trade and economic agreements. In a statement from Abuja, Oluwafemi argued that…
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LAGOS PORTS BUZZ AS 8 CARGO SHIPS DOCK
From urea to sugar and base oil, Lagos ports are staying busy as fresh cargo sails in. At least eight cargo ships have arrived at Apapa, Tin-Can Island and Lekki ports in Lagos, ready to offload key commodities including bulk urea, sugar, gypsum, base oil and empty containers, according to the Nigerian Ports Authority (NPA).…
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APAPA CUSTOMS RAISES N215BN IN AUGUST DESPITE UCMS GLITCHES
Homegrown B’Odogwu platform powers record revenue, signalling a trade system breakthrough. Nigeria Customs Service’s Apapa Command generated N215 billion in August using the new Unified Customs Management System (B’Odogwu), despite network challenges. Comptroller Babatunde Olomu praised stakeholder confidence and resilience, assuring ongoing improvements to make the system a reliable trade facilitation tool that will boost…
