Loss of momentum in trade growth extends into Q4
Trade growth is likely to slow further into the fourth quarter of 2018 according to the WTO’s latest World Trade Outlook Indicator (WTOI) released on Monday.
Making incentives operational for non-oil export growth
Between 2013 and 2018 since the incentives needed to drive non-oil export were suspended for a review, non-oil export output has remained inconsistent...
‘Why non-oil export sector may remain at level of potential’
The expectations of an end to the rhetorics of “potential” in the non-oil sector may remain unrealised, with assessed myriads of challenges and declining fortunes presently assailing the sector. According to the non-oil exporters, challenges revolving around products, pricing, paperwork, payment, promotion and policies need to be addressed for the non-oil export sector to contribute…
Non-oil exporters advocate value-addition, revamped processes to check losses
To reduce losses suffered from long haulage and shipping cycles as a result of prolonged rehabilitation of access routes leading to the ports, non-oil exporters are urging members to embrace value-addition, and re-jig their export processes as well as value-chain operations.
U.S.-China trade war worsens Nigeria’s non-oil exporters’ woes
The trade dispute between the United States and China, according to exporters, is already upsetting the latter, leading to a weakened currency and further imposition of capital controls on foreign exchange payment, to avoid the depletion of China’s dollar reserves.