Category : Search result: export expansion


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.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. 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.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

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

Feedlot Nigeria Expands to 5000 Cattle Herds

Feedlot Nigeria boosts cattle capacity to 5000 herds, enhancing local beef production and reducing import dependency. Discover how this expansion transforms Nigeria's agricultural sector.

India's economy grows 8.2% despite US tariffs

India's economy expanded 8.2% in July-September 2025, beating forecasts but facing pressure from US tariffs. Learn how this affects global trade and Nigeria's economic outlook.

EU to challenge China's rare earths dominance

EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.

Makinde Presents N891.9bn 2026 Budget to Oyo Assembly

Oyo State Governor Seyi Makinde presents a N891.9bn 2026 budget focused on economic expansion. The proposal allocates 56.7% to capital projects, with infrastructure and education as top priorities.

Valency Agro Secures N13bn for Agro-Export Expansion

Valency Agro Nigeria Limited has secured N13 billion in a new commercial paper issuance. The funds will expand processing for cashew, soybean, cocoa, and sesame, boosting Nigeria's agricultural exports.

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