The Central Bank of Nigeria (CBN) has announced a substantial increase in the country’s non-oil export earnings, signaling a positive trend in Nigeria’s economic diversification efforts. According to the CBN’s…
Ngozi Okonjo-Iweala, the WTO Director-General, confirmed for a second four-year term, starting September 1, 2025.. The WTO’s General Council decision on Friday solidifies Okonjo-Iweala’s leadership during significant economic and geopolitical…
CEM REPORT, TRANSPORTATION | Nigeria has taken a significant step towards boosting trade and regional cooperation with Niger. The transport ministry announced securing $1.3 billion in funding to complete the…
CEM REPORT, TRADE | The volume of world merchandise trade fell 0.4% Q-on-Q in the third quarter of 2023 and was down 2.5% Y-on-Year, according to the report just released…
CEM REPORT, TRADE | Nigeria recorded its fourth consecutive positive trade balance in the third quarter of 2023. The quarter closed with a positive trade balance of ₦1.89 trillion, a…
CEM REPORT, TRADE | Nigeria’s foreign trade increased marginally by 2.8 per cent in the first quarter of 2023 (Q1’23). The nation recorded a total foreign trade of N12.05 trillion…