Browsing Tag
Exports
7 posts
SEREC Cautions That New 12.5% U.S. Tariff Threatens Nigerian Exports
The Sea Empowerment & Research Center warns that a new 12.5% U.S. tariff on Nigerian goods could harm non-oil exports, reduce foreign exchange earnings, and threaten the local economy.
Nigeria records 31% drop in agricultural exports amid widespread cargo rejections
Nigeria's agricultural exports fell by over 31% in early 2026, driven by port delays, the use of banned pesticides, and failure to meet international food safety standards.
China’s economic expansion slows, falling below official projections
China's GDP growth hit 4.3% in the second quarter, trailing annual targets as internal market weakness offset strong export gains in technology and vehicles.
Nigeria records N354 billion in solid minerals exports
Nigeria's solid minerals sector saw exports rise to N354 billion in 2025, driven by strategic government reforms and increased investment in the mining industry.
Nigeria Reports ₦354 Billion in Solid Minerals Exports for 2025
The Solid Minerals Development Fund reports that Nigeria generated ₦354 billion from mineral exports in 2025, following a series of strategic industry reforms.
Nigeria Sees 21 Percent Growth in Intra-African Trade to $9.02 Billion in 2025
Nigeria's intra-African trade reached $9.02 billion in 2025, marking a 21 percent increase supported by the AfCFTA framework and improved logistical corridors.
NESG: Export Diversion Undermines Nigeria’s N7.55 Trillion Trade Surplus
The NESG warns that Nigeria is losing significant economic value as exporters bypass local ports and certification systems in favor of neighboring countries, despite a record trade surplus.