Nigeria, Malaysia hit $1.2bn trade boom as new customs deal takes shape
11th May 2026 Trade relations between Nigeria and Malaysia have strengthened significantly over the past five years, with total bilateral trade reaching approximately $1.21 billion, according to the Nigeria Customs Service. This growth has been driven largely by a sharp increase in Nigerian imports from Malaysia, highlighting deepening commercial ties between both countries. Imports rose markedly from $106.6 […]
Ghana and Nigeria Forge Shea Trade Alliance at Accra Summit
11th May 2026 Ghana and Nigeria have initiated targeted bilateral discussions aimed at strengthening cooperation across the shea value chain, leveraging the platform of the 18th Annual Global Shea Alliance Conference 2026 held in Accra. The high-level engagement brought together key government officials and industry stakeholders from both countries to explore opportunities in financing, industrial processing, and […]
China discovers faster shipping routes to Africa as $6.3bn trade surge signals new economic shift
11th May 2026 China is strengthening its maritime trade links with Africa through the introduction of new direct shipping routes from key domestic ports, a move aimed at improving logistics efficiency and lowering transportation costs across major trade corridors. The development comes ahead of a planned zero-tariff policy for 53 African countries, scheduled to take effect in May […]
Nigeria Launches AfCFTA Toolkits to Enhance Trade
11th May 2026 The Federal Government of Nigeria has introduced simplified trade guidebooks and practical toolkits to support greater private sector participation in the African Continental Free Trade Area, as part of ongoing efforts to boost intra-African commerce. The initiative was launched in Kano during a North-West regional engagement led by the Minister of Industry, Trade […]