export

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PCC calls for re-structuring of export promotion Council to grow economy

PCC calls for re-structuring of export promotion Council to grow economy

By Godwin Oritse Speaking to Vanguard Maritime Report in Lagos, Chairman of the Council, Otunba Kunle Folarin, also called on the maritime media to continue to probe the actions, decision and inactions of government with a view to stopping unprofitable ventures in the maritime industry. Folarin added that the economy of Nigeria is enough to […]

Criminal gangs frustrate export drive

Criminal gangs frustrate export drive

NIGERIA’s export drive appears to be under serious threat from some criminal gangs that specialise in pilfering, diversion and stealing of goods meant for export on the route to the nation’s seaports.

Hope rises for South-East, South-South importers, exporters

Hope rises for South-East, South-South importers, exporters

This was disclosed by the Managing Director of NIWA, Chief George Moghalu, during his visit to NIWA Area Office, Onitsha, Anambra State, as part of his nationwide tour of the investments and facilities of the federal government agency.

US Customs seizes Range Rover destined for Nigeria

US Customs seizes Range Rover destined for Nigeria

A 2016 Land Rover Range Rover scheduled for export to Nigeria was seized by the United States Customs and Border Protection (CBP) for being undervalued. The exporter claimed the vehicle was worth $13,000 when in actuality, it is worth about $55,000. Such action is considered a violation of the US Federal Law and comes with […]

Resolving the Export Expansion Grant impasse

Resolving the Export Expansion Grant impasse

THE attention of the public has recently been drawn to the protracted controversy over the implementation of the Federal Government’s Export Expansion Grant, EEG, a laudable policy aimed at driving non-oil exports and ultimately diversifying Nigeria’s economy and the revenue base.

Afreximbank records $285m income  in 2018

Afreximbank records $285m income in 2018

The African Export-Import Bank (Afreximbank) has shown strong financial and operational performance in 2018 with a total comprehensive income of 285.4 million dollars.

AfCFTA’ll grow Nigeria’s exports by 8.18%, group tells FG

AfCFTA’ll grow Nigeria’s exports by 8.18%, group tells FG

Businesses in the South-South region of the country, under the auspices of Coalition of South South Chambers of Commerce, Industry, Mines and Agriculture, FOSSCCIMA, weekend, called on the Federal Government to immediately sign African Union Continental Free Trade Area, AfCFTA, Agreement, based on its immense benefits to the country.