Category : Search result: export markets


FMDQ Market Activity Slows, Turnover Drops 24%

Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.

Nigeria ships 33.2m barrels of crude to U.S. in eight months

Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.

Lagos clears roadside markets on Ikotun-Igando Road

Lagos State Government clears roadside traders on Ikotun-Igando Road to reclaim walkways and enforce laws. Commissioner Wahab details the state's waste-to-wealth drive for a sustainable environment.

Nigeria Bans Wood Export to Curb Deforestation

The Federal Government has imposed an immediate ban on wood and charcoal exports, revoking all licenses to protect Nigeria's forests. Learn the details and legal backing of this decisive environmental move.

NPA Cargo Hits 33.5m Tonnes, Credits Tinubu's Policies

Nigerian Ports Authority records a massive 1,085% surge in export containers and 33.52 million metric tonnes cargo throughput in Q3 2025, driven by President Tinubu's export-focused economic policies. Read the full analysis.

Asian Markets Drift, Oil Up on Venezuela Blockade

Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.

Asian Markets Retreat on US Jobs Data, Tech Worries

Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.

Nigeria loses $363m yearly to EU beans ban

Nigeria loses over $360m annually due to the EU ban on dried beans exports, caused by dangerous pesticide levels. Stakeholders demand urgent agricultural reforms and seed preservation.

Sterling Bank, PAU Partner to Certify Non-Oil Exporters

Sterling Bank and Pan-Atlantic University's EDC have signed an MoU to certify graduates of the Non-Oil Export Academy, aiming to build a globally competitive export community and diversify Nigeria's economy. Read how this initiative will empower Nigerian

Police Arrest Two with Fireworks, Explosives in Imo

Imo State Police have arrested Opara Evans and Chinedum Stanley for possessing banned fireworks and explosives in Owerri markets. Authorities warn against violations ahead of the festive season.

Asian Markets Up Ahead of US Jobs, Inflation Data

Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.

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