Nigeria has reaffirmed its commitment to the World Trade Organisation (WTO) and the multilateral trading system, with Vice President Kashim Shettima saying no country can prosper in isolation from the global community. Shettima made the position known on Saturday during a meeting with the WTO Director-General, Dr Ngozi Okonjo-Iweala, on the sidelines of the ongoing…
Nigeria recorded a merchandise trade surplus of N12.59 trillion in the second quarter of 2026, according to the National Bureau of Statistics (NBS). The NBS disclosed this in its Foreign Trade in Goods Statistics report released on Monday. According to the report, Nigeria’s total merchandise trade stood at N41.44 trillion in Q2 2026, representing a…
Former Ogun State Governor and Senator representing Ogun East, Gbenga Daniel, has said Nigeria’s economic future cannot continue to depend solely on crude oil. Daniel stressed the need for the country to diversify its economy and invest in other productive sectors capable of creating jobs, generating revenue and driving sustainable development. Speaking during a recent…
The Nigerian military has explained that the planned withdrawal of about 200 United States troops from Nigeria is part of the evolving nature of the security and counterterrorism partnership between both countries. The Director of Defence Information, Major General Samaila Uba, said the deployment of the American personnel was specifically linked to operational support and…
Nigeria has the second-longest road network in Africa, with an estimated 195,000 kilometres of roads, according to data cited in rankings of the continent’s road infrastructure. The figure places Nigeria behind South Africa, which has an estimated 750,000 kilometres of roads. Kenya ranks third with about 161,452 kilometres. The ranking highlights the extensive road infrastructure…
