by Peace Emem | Feb 19, 2025 | Tutorials
The Nigerian Ports Authority (NPA) has recently initiated a significant change in the export process by making the Nigeria Export Proceed (NXP) mandatory for all export-bound cargo trucks entering the nation’s ports. This policy, effective as of February 3,...
by Peace Emem | Feb 17, 2025 | Tutorials
Nigeria, once a global leader in palm oil production, now finds itself at the bottom of the global export rankings, with a mere $1.34 million in exports annually. However, the country holds a promising potential to unlock a $10 billion export market in palm oil. This...
by Peace Emem | Feb 15, 2025 | Tutorials
The global oil industry operates within a complex framework of regulations designed to ensure compliance with environmental standards, trade agreements, and geopolitical considerations. Recent events suggest that regulations are becoming more stringent, which might...
by Peace Emem | Feb 11, 2025 | Tutorials
The African Continental Free Trade Area (AfCFTA) represents a monumental shift in Africa’s economic landscape, aiming to create a single market for goods and services across 54 countries. The AfCFTA presents Nigeria, the biggest economy in Africa, with a substantial...
by Peace Emem | Feb 7, 2025 | Tutorials
With a huge demand worldwide, especially in Asia, Europe, and North America, palm oil continues to be one of Nigeria’s most important agricultural products. Nigeria has a great chance to grow its market share internationally as the world’s third-largest...