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Nigeria's International Trade System and Tech Impact

by Fred Nwaozor Overview of Nigeria’s International Trade System Nigeria’s international trade system is a critical component of the nation’s economy, linking the country to global markets. The system encompasses exports, imports, foreign direct investments, trade agreements, and regulatory frameworks designed to facilitate cross-border commerce. Traditionally, Nigeria’s trade has been heavily dependent on oil exports, which account for a significant portion of its foreign exchange earnings. However, diversification into agriculture, manufacturing, and services has increasingly become a priority. Trade Composition and Trends The composition of Nigeria’s trade portfolio has historically been skewed, with crude oil dominating exports while machinery, electronics, and manufactured goods constitute the bulk of imports. This imbalance has led to persistent trade deficits in certain sectors. Recent trends indicate an increasing push toward exporting non-oil products such as cocoa,...

DSS sacks 115 personnel

Kings Olajide
The Nigeria's Department of State Services (DSS) has dismissed no fewer than 155 officers from its service.

DSS announced this in a statement shared on its X handle on Tuesday, November 4, 2025.

The secret police said the development was part of the ongoing reforms in the Service.

It added: “In addition to earlier disclaimers on the duo of Barry Donald and Victor Onyedikachi Godwin, the Service finds it necessary to warn citizens of the fraudulent activities of some of these persons still posing as DSS personnel.

“Members of the public are therefore advised to desist from any official dealing with these individuals who have been dismissed by the Service.

“For clarity, the identities of the affected persons have been published on the website of the Service.”