Category : Trade


Nigeria Launches IP Policy Implementation Committee

The Nigerian government has inaugurated an Inter-ministerial Steering Committee to implement the National Intellectual Property Policy and Strategy (NIPPS), aiming to boost economic diversification and innovation.

FG Inaugurates Team to Implement National IP Policy

The Federal Government has inaugurated a Technical Working Group to implement the new National Intellectual Property Policy and Strategy (NIPPS), aiming to boost innovation and economic growth.

China, Canada Agree Landmark Trade, Visa Deal

Canada's PM Mark Carney and China's President Xi Jinping seal a major trade pact, cutting canola tariffs and allowing visa-free travel. A strategic shift for Canada.

AU Pushes for U.S. Senate Approval of AGOA Extension

The African Union calls for U.S. Senate approval of a three-year AGOA extension. Meanwhile, new 25% tariffs threaten Nigeria, South Africa, and others trading with Iran. Read the full analysis.

Nigeria, UAE waive tariffs on 13,000 goods

Nigeria and the UAE have signed a landmark trade deal, eliminating tariffs on 13,000 goods. The agreement promises to boost exports, attract investment, and improve air connectivity. Discover the details and impact.

Freight Agents Shut Down MSC Apapa Over New Charges

Freight forwarders in Lagos ports have shut down Mediterranean Shipping Company's Apapa office, protesting a new charge hike. They warn of rising import costs and consumer inflation. Read the full story.

Customs Generates N2.93trn at Apapa Port in 2025

The Nigeria Customs Service, Apapa Port Command, recorded N2.93 trillion revenue in 2025, a 24.32% increase. Controller Emmanuel Oshoba credits technology and stakeholder compliance. Read more.

Nigeria-China trade hits $22.3b, envoy projects growth

Bilateral trade between Nigeria and China surged to over $22.3 billion in the first ten months of 2025, a 30.2% year-on-year increase. The Chinese Consul-General in Lagos projects even stronger cooperation in 2026. Read more on the key sectors driving thi

Customs Generates N2.93tr at Apapa Port in 2025

Nigeria Customs Service's Apapa Command reports a record N2.93 trillion revenue for 2025, a 24.32% increase. The feat is credited to tech deployment and stakeholder compliance. Read more on the strategies and enforcement wins.

Traders Lament High Costs at Calabar Festival Village

Vendors at the 20th Calabar Christmas Festival Village report poor sales and tripled stall rents. Traders with 15+ years experience call for government intervention to review fees and improve coordination. #CalabarCarnival #Business

Kano Inland Container Depot Sees Terminal Record Growth

APM Terminals marks 10 years of its Kano ICD, reporting expansion to 11 shipping lines and 600 monthly containers. The company aims to restore Kano's historic role as a major trade hub for Niger and Chad. Read more.

Nigeria's Mandatory Car Recycling Fee Starts 2026

From 2026, Nigerians will pay a mandatory vehicle recycling fee at registration. The policy aims to generate over N150bn yearly, create jobs, and regulate used car imports. Get all the details.

Apapa Port Nears Full Deployment of Cargo Scanners

The Nigeria Customs Service is 80% ready to deploy a new FS6000 scanner at Apapa Port, aiming to end physical cargo checks and boost trade. Read more about the impact on clearance times.

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