{
  "id": 2908561,
  "title": "Five firms drive Nigeria’s $120m non-oil export haul",
  "url": "https://urgent.news/2026/08/24/five-firms-drive-nigerias-120m-non-oil-export-haul",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T01:14:16.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/five-firms-drive-nigerias-120m-non-oil-export-haul/"
  },
  "original_language": "en",
  "account": "Five companies accounted for nearly 30 percent of the earnings from Nigeria's top 100 non-oil exporters, according to a Central Bank of Nigeria report published in April 2026. Dangote Fertiliser and four additional firms—Robust International Commodities, Tulip Cocoa Processing, Valency Agro Nigeria, and Outspan Nigeria—led this performance, generating $120 million in earnings. The report highlighted the growing influence of industrial fertilisers and agro-processing in Nigeria's foreign exchange earnings, driven by rising global commodity prices and increased shipments of cashew nuts and fertilisers. Cashew nuts constituted the largest non-oil export product at 21.25 percent of earnings, followed by urea (14.15 percent) and cocoa beans (10.46 percent). These five companies earned $120 million, representing 29.51 percent of the total earnings of the top 100 non-oil exporters.",
  "summary": "Discover how Dangote Fertiliser and four other companies are leading Nigeria’s non-oil export growth, contributing $120m to the nation’s earnings. Read More: https://punchng.com/five-firms-drive-nigerias-120m-non-oil-export-haul/",
  "key_points": [
    "Five firms contributed to 29.51% of non-oil export earnings.",
    "Dangote Fertiliser and four other companies led the performance.",
    "Cashew nuts were the largest export product by earnings."
  ],
  "editors_take": "The dominance of a few large companies in Nigeria's non-oil export sector suggests that industrial fertilisers and agro-processing are becoming key drivers of the country's foreign exchange earnings.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "Five firms drive Nigeria’s $120m non-oil export haul",
        "url": "https://urgent.news/2026/08/24/five-firms-drive-nigerias-120m-non-oil-export-haul-2909222",
        "published": "2026-08-24T01:18:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}