From Victor Osula, Abuja Nigeria’s non-oil export sector recorded a major boost in 2025, generating $6.1 billion in revenue, marking an 11.5 percent increase over the $5.4 billion posted in 2024. The Executive Director and Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mrs Nonye Ayeni, who disclosed this to journalists in Abuja, noted that export volume also rose by 10 percent to 8.02 million metric tonnes, from 7.2 million metric tonnes recorded the previous year. According to Ayeni, Nigeria exported 281 non-oil products to 120 countries in 2025, with the Netherlands, Brazil and India emerging as the top destinations by value. “Exports to the Netherlands increased by 32.46 percent with products including cocoa beans, cocoa butter, sesame …
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By  Ayo Kehinde Automated Teller Machine (ATM) transactions in Nigeria rose to ₦36.34 trillion in the first six months of the year, underscoring sustained reliance on cash withdrawals despite the introduction of additional ATM fees. Data from the Nigeria Inter-Bank Settlement System (NIBSS) show that transaction volumes remained strong between January and June, even after banks began applying new charges on certain ATM withdrawals following recent pricing adjustments approved by regulators. The surge highlights continued cash usage across the economy, driven by informal sector activity, limited point-of-sale penetration in some areas, and persistent network and power challenges affecting digital payment channels. Industry analysts say the figures suggest that fee increases have not significantly deterred ATM usage, as many consumers still …
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• Urges Africa to Unite and Catalyse Economic Growth Through Solid Minerals The Minister of Solid Minerals Development, Dr. Dele Alake, has been re-elected Chairman of the Africa Minerals Strategy Group (AMSG)—a continental ministerial forum of African Ministers responsible for minerals and mining, committed to coordinated action aimed at maximising value addition and beneficiation from Africa’s vast mineral resources. Dr. Alake was first unanimously elected as the pioneer Chairman of the AMSG in 2024 on the sidelines of the Future Minerals Forum (FMF). He was re elected at the 2026 Annual General Meeting (AGM) of the group, held on the sidelines of the same conference in Riyadh, Saudi Arabia. As part of efforts to strengthen its institutional framework, the AMSG …
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Electricity Consumers has lauded Aba Power for Exceeding 2025 Meter Rollout Target, as it provided more meters than the other DisCos combined Aba Power, Nigeria’s newest electricity distribution company (DisCo), provided more smart meters than the other 11 Discos in the country combined in 2025, according to an electricity pressure group. In a statement released on Friday after its first executive committee this year in Abakaliki, the Ebonyi State capital, the Southeastern zone of the Electricity Consumers of Nigeria (ECAN) revealed that all 12 DisCos in Nigeria provided 175,302 meters under the Meter Asset Provider (MAP) scheme and 44,104 prepaid meters under the vendor-financed framework as of the third quarter of 2025, quoting a recent report in the Punch newspaper based on …
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