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The Nigerian Export Promotion Council (NEPC) has revealed that non-oil goods account for only 10 per cent of Nigeria’s total exports to the European Union. Despite a substantial total trade volume of $21.87 billion in 2024, the export basket remains heavily dominated by crude oil. Mrs. Nonye Ayeni, the NEPC Executive Director, urged domestic agro-exporters…
Nigeria has been removed from the European Union’s list of high-risk jurisdictions for anti-money laundering and counter-terrorism financing, a development that is expected to significantly ease trade, payment systems and investment flows between Africa’s largest economy and European markets. The European Commission confirmed on Wednesday that Nigeria, along with South Africa, Burkina Faso, Mali,…
