As an exporter at any level, the need for financial partners with the ability to ease trade by financing deals cannot be understated. With unrewarding transactions as buyer defaults, market expansion or other needs in the course of running a business or financial trade. If you are seeking working capital to finance your trade, any […]
As an exporter, running a cost analysis to determine and understand your pricing strategy is of utmost importance, in order to meet your business objectives. Several factors play significant roles in determining the price value of imported and exported goods. Demand, insurance, production cost, quality of product, all these and more, determines the price of […]
Packaging for export has never had a generally acceptable standard. As it has always been majorly determined by standards of countries of destination of the goods, and by buyers request. In export, packaging and labelling works simultaneously. An exporter must be familiar with the quiddity of packaging and labelling, before they begin export. IMPORTANCE OF […]
Ogun State Nigeria received her maiden test flight in the Gateway International Agro Cargo Airport in Iperu-Ilishan Remo, Ikene local government area at about 02:15 pm. Need With the longest runway, the airport is intended to facilitate the exportation of goods and commodities from several regions and also improve the state’s revenue drive. Perceived as […]
As a result of under invoicing by some importers and exporters, to reduce tariff and lower their profits for tax payments evation, an exact estimated statistics of African export value cannot be ascertained. United Nations Conference on Trade and Development (UNCTAD) reports the magnitude of export illicit financial flow to be estimated at $40 billion. […]
It is common knowledge that the export industry drivers are dominated by large scale actors. Surprisingly, this could not be further from the truth. As all businesses, whether export related or not, had a beginning, a developing and developed stage. So the export industry is not short of small scale beginners and aspiring exporters. As […]
ALL YOU NEED TO KNOW ON LEKKI DEEP SEAPORT Sitting on a 90 hectares of land in Lagos free trade zone, and operated by Lekki Port LFTZ enterprise limited, is the Lekki deep seaport. This is currently the largest seaport in Nigeria, and one of the biggest in west Africa. STRUCTURES The seaport is segmented […]
UNDERSTANDING EXPORTATION IN AFRICA Africa as a continent, immensely rich in extractive resources, However, suffers from the stigma of a highly undervalued export market. And as such, opportunities in her export industry are left unexplored. As the industry actors are either not fully aware of the market opportunities and capacity, or are undercapitalized. Challenges of […]