Tag: non-oil exports

Nigeria unveils bold NPA non-oil exports strategy to transform trade and boost global competitiveness

Business Damilola Bayonle -
Nigeria’s maritime and trade ecosystem is undergoing a strategic reset as authorities intensify efforts to diversify export earnings beyond...

Nigeria’s Air Cargo Reforms Target Non-Oil Export Boom Amid Industry Debate

Business Damilola Bayonle -
Nigeria’s aviation authorities are recalibrating strategy around freight logistics as part of a broader economic diversification drive, with air...

US tariffs rise, China opens doors: Why Nigeria’s exporters are rethinking their global strategy

Business Damilola Bayonle -
Nigeria’s exporters pivot toward Beijing as US trade climate turns volatile As global trade tensions resurface and policy unpredictability clouds...

Nigeria records $10.83bn trade surplus as exports surge, imports ease

Business Damilola Bayonle -
Nigeria strengthened its external sector position in the first nine months of 2025 after posting a trade surplus of...

FG earns $500m from exports in 2025, sets aggressive non-oil expansion agenda for 2026

Business Damilola Bayonle -
Nigeria’s long-running push to diversify its economy away from crude oil recorded a measurable breakthrough in 2025, as the...

Nigeria Moves to Tap $7.7tn Halal Market as FG Targets $1.5bn GDP Boost

Business Damilola Bayonle -
Nigeria Targets $1.5bn GDP Boost as FG Moves to Claim Stake in $7.7tn Global Halal Market Nigeria has formally launched...

FG targets export boom with N881m allocation as non-oil exports trade hits historic $6.1bn

Business Damilola Bayonle -
Nigeria’s push to reduce its long-standing dependence on crude oil earnings gathered fresh momentum as the Federal Government earmarked...

US exports to Nigeria surge 60%, turning trade deficit into $1.45bn surplus

Business Damilola Bayonle -
The trade relationship between the United States and Nigeria underwent a significant reversal in 2025, with fresh data showing...

NPA records massive export container surge as Nigeria’s ports hit historic Q3 growth

Business Damilola Bayonle -
Nigeria’s maritime sector recorded one of its most remarkable quarterly performances in recent history as the Nigerian Ports Authority...

How trade powers Nigeria’s massive N40tn GDP growth in 2025 | Exclusive economic breakdown

Business Damilola Bayonle -
Nigeria’s trade sector is emerging as one of the country’s strongest economic engines in 2025, contributing a substantial N40.71tn...

CBN reforms drive FX inflows, strengthen naira despite global oil slump

Business Damilola Bayonle -
Despite global oil prices plunging below Nigeria’s fiscal benchmark, the Central Bank of Nigeria (CBN) has sustained the flow...

FG, MAN reaffirm commitment to revive Export Expansion Grant

Business Damilola Bayonle -
In a renewed effort to strengthen Nigeria’s non-oil export sector, the Federal Government and the Manufacturers Association of Nigeria...