TRADE

  National Bureau of Statistics (NBS) Trade in Goods statistics for fourth quarter (Q4) 2017 has shown that the country exported N232.05 billion worth of manufactured goods during the year. “For the full year 2017, exports of manufactured goods grew 26.8 percent to N232.05 billion above the value of N182.9...

    The National Bureau of Statistics (NBS) said on Saturday that Nigeria’s trade statistics for the 2017 fiscal period recorded an increase of N5.5 trillion in trade from N17.3 trillion in 2016 to N23.1 trillion in the year under review. The bureau in the report  made public on Saturday...

CNN has reported that Brexit referendum reality has resulted inthe UK is looking for new and creative ways to encourage trade around the world. Britain's export finance agency, which works alongside the Department for International Trade, has announced it will add Nigerian currency Naira to its roster of "pre-approved currencies."...

  The President of Abuja Chamber of Commerce and Industry (ACCI) Prince Kayode Adetokunto has stated that the bilateral trade cooperation between Nigeria and China recorded $2.7 billion cash flow between the two countries in 2017. Speaking at the weekend in Abuja at the annual reception held by the Chinese...

Trading activities in equities on The Nigerian Stock Exchange opened the week on a positive note by 1.41 percent gain despite a dip in both trade volume and value relative to the previous trading session. Trading on the Exchange maintained last week’s gaining streak as the All-Share Index (ASI) recorded...

Nigeria's trade balance turned positive in the fourth quarter of 2016 after exports rose by more than half, the National Bureau of Statistics (NBS) said on Saturday, the first positive reading since the same quarter a year ago. But the country’s economy shrank by 1.5 percent over the course of...

Volume of trade between Nigeria and the United Kingdom could exceed £20 billion by 2020, President of the Nigerian-British Chamber of Commerce (NBCC), Adedapo Adelegan, has said at the 40th anniversary press conference organised by the chamber in Lagos. He said: “Despite recession, I see the trade surpassing £20 billion,...

Nigeria has ratified the Trade Facilitation Agreement (TFA), which making her the 107th World Trade Organisation (WTO) member to endorse the agreement. The information is contained in a statement by Constance Ikokwu, the Strategic Communications Adviser to the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah. The minister submitted...

Trade between Nigeria and China stood at 9.5 billion dollars in 2016, Economic and Commercial Counsellor of the Chinese Embassy, Mr Zhao Linxiang, said on Saturday. Linxiang gave the figure at a dinner to host participants of different training courses in China in Abuja. The envoy said though bilateral relations...

The National Bureau of Statistics (NBS) has said import from China recorded N478 billion in third quarter of 2016. The bureau said that Nigeria imported goods from China was 19.8 per cent of total imports. “This was followed by Belgium at N331.3 billion or 13.7per cent, Netherlands with N299.7 billion...