Page 3 - Export Group News Today

Manufactured imports rise to N40.94tn, Nigeria exports N4tn goods The Punch Published 13 July 2021 • Our goods are of high standards but environmental constraints drive up cost – MAN Between January 2017 and March 2021, Nigeria spent N40.94tn on the importation of manufactured goods. It earned only N4.22tn on the export of manufactured goods within the same period. These are according to data obtained from the Foreign Trade report of the National Bureau of Statistics. In the...

SOURCE / COMPANIES By GT staff reporters Published: Apr 28, 2021 06:53 PM A textile workshop in East Chinas Zhejiang Province Photo: VCG Affected by the COVID-19 epidemic, many enterprises in India cannot guarantee normal delivery, including textiles, active pharmaceutical ingredients (API) and electronic devices. In order to ensure the supply of goods, European and American retailers have transferred many orders originally produced in India to China. IHS Markit, a London-based global inform...

April 15, 2021 NCTO Chairman David Roberts NCTO Chairman David Roberts outlined key industry facts and economic data, and recapped NCTO’s PPE and other legislative efforts in 2020 during his “State of the U.S. Textile Industry” address during NCTO’s 17th annual meeting, which was held virtually. By David Roberts Let me begin by saying what an honor and privilege it has been to serve as Chairman of NCTO   over these past several months. The year 2020 was marked by a once-in-a-generatio...

Punch Newspapers Sections Published 12:32 am Shippers in the country have said they lost N780bn in 2020 because they could not access shipments in ports. They said the inability to access the ports affected both in imports and export cargoes. President of Shippers Association Lagos State, Jonathan Nicol, said this in an interview with our correspondent, adding that as a result, shippers had begun considering other ports. He said, “Last year was a bad year by the time we computed goods lost ba...

SAINTE-JULIE, Quebec, April 07, 2021 (GLOBE NEWSWIRE) -- The Group Export Agri-Food is pleased to announce the opening of the application period for the 2021 Alizés Awards, presented by FCC. Canadian agri-food exporters have until June 19, 2021 to apply in either of two categories: Small to Medium-Sized Enterprises, reserved for companies with revenues of less than 50 million dollars, and Large company, for those with revenues of 50 million dollars or more. The winners will be unveiled in Se...

By George Bains The New Zealand Millennium Cup organisers have elected to postpone the regatta to March 2021. The leading superyacht event had been due to begin on Monday 15th February, however due to an elevated Covid alert across New Zealand the Millennium Cup will now take place in the Bay of Islands from 28-31 March. The regatta is run by the NZ Marine Export Group and promotes New Zealand’s cruising grounds and marine industry to international and domestic superyachts. The event will fo...

New Zealand Millennium Cup Postponed Until March 2021 (15 Feb 2021) Organisers of the New Zealand Millennium Cup, which had been scheduled to commence on 15 February, have postponed the regatta in response to the increased COVID19 alert level across New Zealand. The regatta was first held alongside the 2000 America’s Cup, and was due to run from 15-18 February 2021. It’s the longest running superyacht regatta in the South Pacific and has garn...

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There Is Looming Economic Crisis In Nigeria If Land Borders Are Not Secure, Says MAN He stated that during the border closure, some sectors had considerable increase in their productivity, while some sectors recorded a sharp decline. The Manufacturers Association of Nigeria (MAN) has warned the Nigerian government of impending economic and security challenges if the countrys land borders are not secure.  President Mohammadu Buhari had in his New Year message said land borders were open and tha...

However, the ban on importation of rice, poultry, among others remained enforced, the federal government said on Wednesday. With the latest development, import and export of approved goods would begin in earnest after months of closure, a development that impeded businesses and social activities. Our correspondents report that the news of the reopening of the borders had elicited thunderous applause in the affected communities with residents saying life will come back to normal. Millions of Ni...