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Woman, man arrested over attempt to export cocaine hidden in custard

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The operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested an Ibadan in Oyo State-based businesswoman, Adewunmi Adebola Dorcas, and an auto...

NNPCL unveils Utapate crude oil blend, begins export to Spain

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The Nigerian National Petroleum Company Limited (NNPCL) has announced the introduction of Utapate crude oil blend, a new oil grade into the international crude...

FIRS: $4bn lost annually to inefficiency in import, export processes

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The Federal Inland Revenue Service (FIRS) says $4 billion is lost annually over inefficiencies in Nigeria’s import and export processes. FIRS Chairman Zacch Adedeji disclosed...

Russia lifts ban on diesel export

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Russia's government, on Friday, October 6, 2023, declared it has lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions...

Nigeria targets $500m revenue from cashew export in 2023

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The Nigerian Export Promotion Council (NEPC) on Thursday in Abuja, reiterated the Federal Government’s commitment to increase cashew export earnings from $252 million to...

FG earns $4.820bn from non-oil export in 2022

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Nigeria recorded a non-oil export earnings of $4.820 billion in 2022, the Nigerian Export Promotion Council (NEPC) has disclosed. The Executive Director/CEO of NEPC, Dr....

NEPC: Nigeria’s non-oil export hits $2.6bn in six months

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The Nigerian Export Promotion Council (NEPC) has said that the country's non-oil export has recorded significant growth between January and June 2022. NEPC’s Executive Director,...

Emefiele: Nigerians must consume, export what we produce

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The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged Nigerians to consume what they produce and export the surplus after...
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