Category: Trade & Investment

Jul 15
Nigeria and Hong Kong Sign Treaty to Eliminate Double Taxation

Nigeria and Hong Kong have signed a treaty eliminating double taxation between the two jurisdictions — removing one of the most persistent structural deterrents to cross-border trade and investment. Double taxation agreements prevent companies and individuals from being taxed twice on the same income — once where it is earned and again where the earner […]

Jul 15
Solid Minerals Exports Climb to N354bn as Sector Reform Gains Traction

Nigeria’s solid minerals exports climbed to N354 billion in 2025 — roughly triple the N117.29 billion recorded in 2023 — extending a steep growth run for a sector long overshadowed by oil. Revenue flowing to the Federation Account told an even sharper story, rising past N70 billion, a 337.5 per cent increase on the N16 […]

Jul 15
Exporters Say NXP Integration on TTP Portal Has Cost Them Over $10m

Exporters under the Association of West African Exporters and Maritime Professionals (AWAEMAP) say they have lost more than $10 million in just five days following the Nigerian Ports Authority’s integration of the Nigeria Export Proceeds (NXP) requirement into the Truck Transit Park (TTP) portal. In a statement signed by its president, Olubunmi Olumekun, the association […]

Jul 14
Nigeria Strengthens Global Passport Verification With ICAO Milestone

Nigeria has completed a significant e-passport security milestone: all of the country’s Country Signing Certificate Authorities (CSCAs) have been successfully imported into the International Civil Aviation Organization’s Public Key Directory (PKD). In practical terms, the move allows foreign border control systems to cryptographically authenticate Nigerian passports in real time — confirming that a document was […]