Nigeria’s trade surplus more than doubled in January 2025, reaching $2.2 billion, a 107.5 percent month-on-month increase ...

The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month ...

Limited has clinched a breakthrough export deal and will ship out its cargo to the customer in a few days.

Nigeria's crude oil production has fallen from 1.5 million barrels in January to 1.40 million barrels daily, from 1.465 in ...

Oil price drop is biting exporters disproportionately with Nigeria and other oil export dependent economies taking the heat.

Nigeria may face heightened trade barriers and increased tariffs on exports to the United States, according to a recent report ...

Nigeria’s fiscal stability is under pressure as crude oil production plummeted to its lowest level yet in 2025, raising the ...

President Donald Trump announced a 10 per cent import tariff from 5 April, raising Nigerian export duties to 14 per cent. But ...

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Future oil prices depend on how quickly the tariff war ends—fast resolution could aid exporters, while delays risk recession ...

Oil accounts for about 90% of Nigeria's exports, and crude earnings were set to fund 56% of this year's budget. Nigeria’s revenue from crude oil is currently being threatened, as one of its importers, ...

A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...