Business & Economy

Capital markets, financial institutions, macroeconomic indicators, industry performance, trade, investment, enterprise, and regulatory actions.

Non-Oil Exports Record Growth Across Nigerian Seaports

Posted on by Samuel Odebowale
Non-Oil Exports Record Growth Across Nigerian Seaports

Nigerian seaports have recorded increased throughput of non oil export cargo, reflecting gradual diversification of the national export base. Agricultural produce, processed goods, and solid minerals accounted for a significant share of outbound shipments. The Nigerian Ports Authority attributed the growth to improvements in port operations, digitisation of processes, and rising international demand. Exporters have also benefited from streamlined documentation and reduced turnaround times. Africa Signal Trade Analysts caution that sustaining export growth will require…

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Non-Oil Exports Drive Increased Cargo Throughput at Nigerian Ports

Posted on by Newsroom Operations
Non-Oil Exports Drive Increased Cargo Throughput at Nigerian Ports

Nigerian seaports have recorded a measurable increase in non oil export volumes, reflecting gradual diversification in the country export profile. Data from the Nigerian Ports Authority shows rising shipment of agricultural commodities, processed foods, solid minerals, and manufactured goods through major ports. Port officials attribute the growth to a combination of policy incentives, improved cargo handling processes, and growing international demand for Nigerian products. Investments in port digitisation and streamlined documentation have also contributed to…

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South-East Governors Explore Framework for Regional Industrial Collaboration

Posted on by Newsroom Operations
South-East Governors Explore Framework for Regional Industrial Collaboration

Governors from South East states have initiated discussions on regional industrial collaboration aimed at strengthening manufacturing capacity and shared infrastructure development. The talks focused on logistics integration, investment promotion, and coordinated policy frameworks. Participants highlighted the potential benefits of pooling resources to develop industrial clusters and transport corridors. Emphasis was placed on improving ease of doing business and leveraging regional comparative advantages. Economic analysts view the discussions as a pragmatic approach to subnational development. They…

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Federal Authorities Reaffirm Commitment to Financial System Stability Amid Economic Adjustment

Posted on by Newsroom Operations
Federal Authorities Reaffirm Commitment to Financial System Stability Amid Economic Adjustment

The Federal Government and the Central Bank of Nigeria have reaffirmed their joint commitment to safeguarding financial system stability as the economy navigates ongoing structural adjustments. The position was restated during a high-level policy engagement involving fiscal authorities, financial institutions, and market stakeholders, where emphasis was placed on coordination, prudence, and institutional resilience. The Minister of Finance (State), Dr. Doris Uzoka-Anite described financial stability as the foundation upon which economic reform, investment confidence, and inclusive…

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New Integrity Principles Seek to Unlock Green Finance in Africa’s Carbon Market

Posted on by Newsroom Operations
New Integrity Principles Seek to Unlock Green Finance in Africa’s Carbon Market

As global momentum behind carbon markets intensifies, the African continent is positioning itself to play a leading role — under a newly announced framework designed to ensure credibility, equity, and sustainable benefit for communities and economies.   Continent-wide push for high‑integrity carbon markets On July 31, 2025, the African Union Development Agency – NEPAD (AUDA‑NEPAD) unveiled a set of landmark “Integrity & Equity Principles for Carbon Markets” during a high-level dialogue in Nairobi. The initiative…

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