Category: Market

Ethiopia Secures More Than 1.3 Billion USD from Coffee Export

Ethiopia has secured more than 1.3 billion USD during the concluded budget year by exporting 240,000 tons of coffee.The nation’s plan was to secure 1.8 billion USD during the stated period.Despite all the challenges the coffee market faced at the globa…

China’s firm Sailun studies future of tyre business in Nigeria

A Chinese firm, Sailun Tyres, says it is working toward helping Nigeria to sustainably develop its economy through effective road transportation.The Executive President of the company, Mr Xie Xiaohong, who led a 13-member delegation to Nigeria, disclos…

NNPCL intercepts vessel with 800,000 litres stolen crude oil

A vessel conveying 800,000 litres of suspected stolen crude oil has been intercepted by a private security contractor engaged by the Nigerian National Petroleum Company Ltd. (NNPC Ltd).The vessel and its crew members were apprehended on July 7, by oper…