Tuesday, April 23, 2024
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Tag "Exports"

NBS: Nigeria’s exports outpace imports, trade surplus hit N3.5trn in 9 months

    NBS: Nigeria’s exports outpace imports, trade surplus hit N3.5trn in 9 months

The National Bureau of Statistics (NBS) says Nigeria recorded a N3.5 trillion trade surplus between January and September of 2023. NBS made this known in its foreign trade report for

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Substandard products: SON urges manufacturers, importers to adhere to required regulations

    Substandard products: SON urges manufacturers, importers to adhere to required regulations

The Standard Organisation of Nigeria (SON) has asked manufacturers and importers of goods to adhere to requisite regulatory standards and avoid “shortcuts”. Tersoo Oringudwen, director of products certification department at

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Lagos Free Zone to ‘add $12bn to Nigeria’s GDP’, invites firms to set up shops

    Lagos Free Zone to ‘add $12bn to Nigeria’s GDP’, invites firms to set up shops

Dinesh Rathi, managing director of the Lagos Free Zone (LFZ), says with businesses showing significant interest in the area, the company aims to contribute about $12 billion to Nigeria’s annual

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FEC approves 2023-2025 MTEF, sets new parameters

    FEC approves 2023-2025 MTEF, sets new parameters

The federal executive council (FEC) has approved the 2023-2025 medium-term expenditure framework (MTEF) and fiscal strategy papers (FSP). Zainab Ahmed, minister of finance, budget and national planning, said this on

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NBS: Nigeria’s imports exceeded exports by N1.94trn in 2021

  NBS: Nigeria’s imports exceeded exports by N1.94trn in 2021

Nigeria recorded N1.94 trillion foreign trade deficit in 2021, according to a report by the National Bureau of Statistics (NBS).

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