After the long wait, the organisers of the 2021 Gulder Ultimate Search released the names of 18 contestants who will be taken to the jungle to “fight” over the N50 Million worth of grand prize. While 16 names were unveiled in September, two more applicants Osasere Agbonile and Odudu Otu were voted in by viewers, … Read more
One of the major non-oil exports that contributed largely to Nigeria’s GDP in the last 10 years is sesame seeds. Its cultivation is popular among Northern farmers in Jigawa, Benue, and more than 20 other growing states. Quick Facts: Local name: Beni-seeds Botanical Name: Sesamum Indicum 2012 output: 994,800 tonnes yearly 2020 output: 500,000 tonnes per annum … Read more
Clearing and forwarding companies can’t be neglected in the supply chain of goods across the border. As such exporters and importers can’t do without them. They play a critical role in the shipping industry. In Nigeria for instance, a clearing and forwarding company or agent must be registered by the Nigeria Ports Authority (NPA). In … Read more
Export prohibition items are products and goods that are legally banned from being transported outside the country of jurisdiction. In international trade, a supplier or seller must be guided by trade and export laws in their country of residence and the destination country of goods. In Nigeria for instance, some goods are banned from being … Read more
In international trade, some items cannot be imported from the producing country to another, Nigeria is no exception. There are some goods that are on the list of the Nigeria Customs Service, a security agency of the government that monitors the movement of goods into and out of the country, which is popularly called contraband. … Read more
Logistics is key to a successful export business that’s why it’s very important to understand the delivery process. You may have great orders from prospective buyers coming in every week from around the world, a poor delivery could hinder your effort. In the exporting process, you must understand the roles of the major players for the … Read more
There are in the export of products and goods from Nigeria, the way it is other countries, to another country. One, the exported products must not be on the prohibited list; 2) they must comply with international standards; 3) they must also comply with the specifications of the buyer. Having meant all the conditions above, … Read more
There are speculations that the Central Bank of Nigeria (CBN) might pounce on foreign currencies in domiciliary accounts and convert such to naira in order to stabilise the foreign market. The rumour first surfaced on social media that the apex would be converting to naira domiciliary account holdings How True Is This Report? The same … Read more
An export certificate is a licence that is issued by the government which gives an individual or a company the permission and authority to partake in the export of raw or finished products from a country to another. In Nigeria, for instance, non-oil product licences are issued by Nigerian Export Promotion Council (NEPC) after an … Read more
A few days ago, I was discussing with my friends about the continuity of TV reality shows that have good content and how they all faded off our TV screens. One of the shows we talked about was Gulder Ultimate Search or GUS for short. Little did we know that the sponsors of the show Nigerian … Read more