All importers and exporters in Nigeria must use electronic invoicing (e‑invoicing) starting 1 February 2022. ACentral Bank of Nigeria (CBN)circularreleased on 21 January 2022 requires the new e‑invoicing and e‑valuator system in place of hard copy invoices and to have e‑invoices authe...
This study applies Dickey-Fuller test for unit root to import and export data on seaborne trade figure in Nigeria. The Dicky-Fuller test shows that both data series are non-stationary. First differencing of the data stationarized it and ordinary least squares regression analysis applied to the...
Individuals with the know-how and capital on the import-export trade stand to make huge gains. Despite the lucrative nature of the business in Nigeria, there are challenges confronting exporters with a notable example as poor knowledge of rules and regulations guiding export trade in Nigeria. This...
If you’re thinking of going into import and export business in Nigeria, you’re in the right place. There are some procedures you need to follow to make your import or export business a profitable and hitch-free one. Read on to learn more about this. Note:Click hereto learn the export...
This study empirically investigated government revenue implications of foreign direct investment, export, import and exchange rate 聽in Nigeria over the period 1981 and 2017 using secondary data sourced from Central Bank of Nigeria Statistical Bulletin and National Bureau of Statistics. Augumented Dickey...
According to Nepal's report, the Nigerian export bank said that the textile industry will get the textile industry recovery fund of the federal government 70 billion Nera in five weeks, and the import and export bank has set up a special department to ensure the successful recovery of the tex...
First differencing of the data stationarized it and ordinary least squares regression analysis applied to the data shows a significant relationship between export and import trade in Nigeria.. the graph of the data shows that there was an upward trend in both import and export. Evaluation ...
This study is in respect of the Nigerian economy and covers a period of fifteen years, 1990-2005, also, the activities of the Nigerian export-import bank is evaluated to highlight its contribution to export growth performance in Nigeria. Data for the study was sourced from various issues of ...
Here we provide more detailed information on some of Nigeria’s top import and export products. Crude Petroleum Exports of crude petroleum are vital to Nigeria’s export economy and account for 70.8% of all its exports. The most popular export destinations for Nigerian crude petroleum were India...
Inflation and prices Employment and wages Further indicators The most important statistics Composition of trade in Nigeria 2024 Export of goods from Nigeria 2023 Import of goods to Nigeria 2023 Distribution of export value from Nigeria 2023, by category ...