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Tag "imports"

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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Russia-Ukraine crisis: Nigeria to issue new policy on trade relations

    Russia-Ukraine crisis: Nigeria to issue new policy on trade relations

The federal government says it will develop a new policy on trade relations with the former Union of Soviet Socialist Republics (USSR) countries following the Russia-Ukraine crisis.  The former USSR

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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). This implies a negative trade balance as the Nigerian economy

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NAFDAC impounds 120 tons of ‘deadly ponmo’ in Lagos

  NAFDAC impounds 120 tons of ‘deadly ponmo’ in Lagos

Mojisola Adeyeye, director-general of the National Agency for Food and Drug Administration and Control (NAFDAC), says 120 tons of dangerous

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NAFDAC DG: Nigeria at risk of coronavirus… we import almost everything except water

  NAFDAC DG: Nigeria at risk of coronavirus… we import almost everything except water

Mojisola Adeyeye, director-general of the National Agency for Food and Drug Administration and Control (NAFDAC), says Nigeria is at risk

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Reps seek to phase out fish importation in two years

  Reps seek to phase out fish importation in two years

The house of representatives has proposed a phased ban on importation of fish and fish products in the country. At

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