₦airaland Forum

Quality assurance is at the peak of the international trade business because international buyers want to know that the product they’re paying for is exactly or better than what they’re getting. Not worse.
Since many international buyers cannot visit the loading port at the country of origin to verify the quality of goods before it is shipped, they need a strong assurance that guarantees them the quality of the goods that they have paid for before it arrives their port of delivery at their destination country.
Also, exporters sourcing goods need a form of assurance when purchasing the goods they want to export to ensure that the quality of the goods they’re buying will be exactly the same as agreed with the international buyer when an inspection is done at the port of loading.
To guarantee the quality of goods, international buyers and most exporters employ the services of inspection companies, but mostly world-class inspection companies that are known for their quality of service, age in the industry, and consistency in delivering on guaranteeing the quality of goods loaded before it arrives the destination country.
If you want to know which companies you can use to test and guarantee the quality of goods been shipped from a sourcing point to a loading port and eventually to a destination country.

What Is Export Credit Insurance (ECI)?

Export Credit Insurance (ECI) is a form of insurance that protects an exporter of commodities, products and services against the risk of non-payment by an international buyer.
In other words, Export Credit Insurance greatly reduces the risks of nonpayment by foreign buyers of your products and services by giving the exporter a form of conditional assurance that payment for the commodities will be made to them by the issuer of the insurance policy if the international buyer refuses or is unable to pay.
In simple terms, if any exporter with Export Credit Insurance ships a commodity without getting a Letter of Credit or part-payment from the international buyer and the international buyer refuses to pay for whatever reasons despite the exporter meeting all the terms of the agreement, the insurance body would pay the exporter 100% of the agreed amount as per the insurance terms and conditions.

What Is Export Credit Insurance (ECI)?

Export Credit Insurance (ECI) is a form of insurance that protects an exporter of commodities, products and services against the risk of non-payment by an international buyer.
In other words, Export Credit Insurance greatly reduces the risks of nonpayment by foreign buyers of your products and services by giving the exporter a form of conditional assurance that payment for the commodities will be made to them by the issuer of the insurance policy if the international buyer refuses or is unable to pay.
In simple terms, if any exporter with Export Credit Insurance ships a commodity without getting a Letter of Credit or part-payment from the international buyer and the international buyer refuses to pay for whatever reasons despite the exporter meeting all the terms of the agreement, the insurance body would pay the exporter 100% of the agreed amount as per the insurance terms and conditions.

What Is Export Credit Insurance (ECI)?

Export Credit Insurance (ECI) is a form of insurance that protects an exporter of commodities, products and services against the risk of non-payment by an international buyer.
In other words, Export Credit Insurance greatly reduces the risks of nonpayment by foreign buyers of your products and services by giving the exporter a form of conditional assurance that payment for the commodities will be made to them by the issuer of the insurance policy if the international buyer refuses or is unable to pay.
In simple terms, if any exporter with Export Credit Insurance ships a commodity without getting a Letter of Credit or part-payment from the international buyer and the international buyer refuses to pay for whatever reasons despite the exporter meeting all the terms of the agreement, the insurance body would pay the exporter 100% of the agreed amount as per the insurance terms and conditions.

Exporting is lucrative because sometimes local prices are way lower than the export prices are. For example, If you want to start a direct export business in Nigeria, then you need to know very well, what kinds of goods are exported from Nigeria. With direct export business, product selection is very important.

Exporting is lucrative because sometimes local prices are way lower than the export prices are. For example, If you want to start a direct export business in Nigeria, then you need to know very well, what kinds of goods are exported from Nigeria. With direct export business, product selection is very important.

Exporting is lucrative because sometimes local prices are way lower than the export prices are. For example, If you want to start a direct export business in Nigeria, then you need to know very well, what kinds of goods are exported from Nigeria. With direct export business, product selection is very important.

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What does FOB mean in shipping?

Free On Board

FOB, Free On Board, is a transportation term that indicates that the price for goods includes delivery at the Seller's expense to a specified point and no further.

What does FOB mean in shipping?

Free On Board

FOB, Free On Board, is a transportation term that indicates that the price for goods includes delivery at the Seller's expense to a specified point and no further.

There are many reasons why a prospective investor should invest in agriculture. Experts say agriculture is a low-risk investment that keeps pace with inflation and increases in value over the long-term.

They describe investment in agriculture as a tangible asset that provides benefit to the community, adding that it can diversify the investor’s portfolio.

Investments in agriculture can guarantee significant revenue for the investor.

How To Ensure The Quality Of Goods You’re Buying Locally, Exporting, Or Importing Meets International Standards

A lot goes into every international trade transaction; from product sourcing to logistics, payment security, and much more. But while there are attractive profitable opportunities to explore, there are also great risks involved, and one risk that can cost you your entire investment is failing to ensure that the quality of the goods you’re exporting meets the export standard agreed between you and the international client.
Quality assessment is usually a great problem for a lot of exporters and managing this risk is key to building a profitable fast-growing international trade business, since meeting your obligations would help spread word of mouth. But when you fail to meet the quality standards specified, you wouldn’t just lose clients, but would also very likely lose your investment.

Now, what are the solution points? Join our Export training program to learn all the ways to ensure the quality of goods you are buying locally or Exporting meets International standards.

How To Ensure The Quality Of Goods You’re Buying Locally, Exporting, Or Importing Meets International Standards

A lot goes into every international trade transaction; from product sourcing to logistics, payment security, and much more. But while there are attractive profitable opportunities to explore, there are also great risks involved, and one risk that can cost you your entire investment is failing to ensure that the quality of the goods you’re exporting meets the export standard agreed between you and the international client.
Quality assessment is usually a great problem for a lot of exporters and managing this risk is key to building a profitable fast-growing international trade business, since meeting your obligations would help spread word of mouth. But when you fail to meet the quality standards specified, you wouldn’t just lose clients, but would also very likely lose your investment.

Now, what are the solution points? Join our Export training program to learn all the ways to ensure the quality of goods you are buying locally or Exporting meets International standards.

How To Ensure The Quality Of Goods You’re Buying Locally, Exporting, Or Importing Meets International Standards

A lot goes into every international trade transaction; from product sourcing to logistics, payment security, and much more. But while there are attractive profitable opportunities to explore, there are also great risks involved, and one risk that can cost you your entire investment is failing to ensure that the quality of the goods you’re exporting meets the export standard agreed between you and the international client.
Quality assessment is usually a great problem for a lot of exporters and managing this risk is key to building a profitable fast-growing international trade business, since meeting your obligations would help spread word of mouth. But when you fail to meet the quality standards specified, you wouldn’t just lose clients, but would also very likely lose your investment.

Now, what are the solution points? Join our Export training program to learn all the ways to ensure the quality of goods you are buying locally or Exporting meets International standards.

So What Do You Do To Guarantee Payment From Your Export Transactions?

The most secure method to guarantee payment is usually to ensure the buyer issues an irrevocable and confirmed Letter of Credit. But when the company is very large and well known, they’d mostly refuse to do this as they expect their reputation to precede them, and besides, a lot of other companies supply them goods with the expectation of getting payments in 30 to 90 days after delivery.
If you’re stuck in this dilemma, what then do you do to guarantee your payment in a secure manner even when a signed contract is not enough?

The answer is Export Credit Insurance.

So What Do You Do To Guarantee Payment From Your Export Transactions?

The most secure method to guarantee payment is usually to ensure the buyer issues an irrevocable and confirmed Letter of Credit. But when the company is very large and well known, they’d mostly refuse to do this as they expect their reputation to precede them, and besides, a lot of other companies supply them goods with the expectation of getting payments in 30 to 90 days after delivery.
If you’re stuck in this dilemma, what then do you do to guarantee your payment in a secure manner even when a signed contract is not enough?

The answer is Export Credit Insurance.

So What Do You Do To Guarantee Payment From Your Export Transactions?

The most secure method to guarantee payment is usually to ensure the buyer issues an irrevocable and confirmed Letter of Credit. But when the company is very large and well known, they’d mostly refuse to do this as they expect their reputation to precede them, and besides, a lot of other companies supply them goods with the expectation of getting payments in 30 to 90 days after delivery.
If you’re stuck in this dilemma, what then do you do to guarantee your payment in a secure manner even when a signed contract is not enough?

The answer is Export Credit Insurance.

Every exporter in any country around the world is always registered with their export promotion councils and/or other related bodies. As a result, requesting they send you a copy of their licence documents proving they have the right to either export or package the products for export is important.
If any seller refuses to share their export licence, company registration document, and/or more critical documents that show they’re genuine, find out what stage of the transaction they would be willing to share it. If it is only going to be shared after a financial instrument has been placed, then you should walk away.
Some sellers would force it that the document is only shared after a contract is signed, but that is a complete no-brainer. If they can’t send it, then they should be able to show it at a table-top meeting.
Any seller who refuses to show you his export licence at all in the entire transaction is a scam. Walk away!

Every exporter in any country around the world is always registered with their export promotion councils and/or other related bodies. As a result, requesting they send you a copy of their licence documents proving they have the right to either export or package the products for export is important.
If any seller refuses to share their export licence, company registration document, and/or more critical documents that show they’re genuine, find out what stage of the transaction they would be willing to share it. If it is only going to be shared after a financial instrument has been placed, then you should walk away.
Some sellers would force it that the document is only shared after a contract is signed, but that is a complete no-brainer. If they can’t send it, then they should be able to show it at a table-top meeting.
Any seller who refuses to show you his export licence at all in the entire transaction is a scam. Walk away!

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2 Hot-Selling Commodities That You Can Export To Make 100% Profit On Every Sale

Finding the right business to start up is one of the most difficult things many people have to face. The same applies to finding the right type of commodity to export.
The export business in its own right is a highly lucrative business to venture into, but determining the right type of commodity to export depending on the profit margins you’re targeting can sometimes be a problem.
While some exporters are okay with netting profit margins of between 10-30% per non-oil transactions, many others are uncomfortable with that, especially as an export cycle in a country like Nigeria is about 30 days, and so, would want to make the most of the time and possibly make up to or more than 100% profit on the commodity exported.
If you’re looking for high-margin commodities that can take your export business from 0 to 100% in 30 days.

Join us to learn of the 2 hot-selling commodities that you can export to make up to or more than 100% profits on every sale.

2 Hot-Selling Commodities That You Can Export To Make 100% Profit On Every Sale

Finding the right business to start up is one of the most difficult things many people have to face. The same applies to finding the right type of commodity to export.
The export business in its own right is a highly lucrative business to venture into, but determining the right type of commodity to export depending on the profit margins you’re targeting can sometimes be a problem.
While some exporters are okay with netting profit margins of between 10-30% per non-oil transactions, many others are uncomfortable with that, especially as an export cycle in a country like Nigeria is about 30 days, and so, would want to make the most of the time and possibly make up to or more than 100% profit on the commodity exported.
If you’re looking for high-margin commodities that can take your export business from 0 to 100% in 30 days.

Join us to learn of the 2 hot-selling commodities that you can export to make up to or more than 100% profits on every sale.

2 Hot-Selling Commodities That You Can Export To Make 100% Profit On Every Sale

Finding the right business to start up is one of the most difficult things many people have to face. The same applies to finding the right type of commodity to export.
The export business in its own right is a highly lucrative business to venture into, but determining the right type of commodity to export depending on the profit margins you’re targeting can sometimes be a problem.
While some exporters are okay with netting profit margins of between 10-30% per non-oil transactions, many others are uncomfortable with that, especially as an export cycle in a country like Nigeria is about 30 days, and so, would want to make the most of the time and possibly make up to or more than 100% profit on the commodity exported.
If you’re looking for high-margin commodities that can take your export business from 0 to 100% in 30 days.

Join us to learn of the 2 hot-selling commodities that you can export to make up to or more than 100% profits on every sale.

What Are Incoterms What Are Incoterms Rules?
Incoterms is an acronym standing for international commercial terms. They are rules that form the basic terms of trade for the sale of goods across global borders.
These rules were created to guide importers and exporters trying to do international trade with each other and are applicable whether the parties are trying to package & label a shipment, prepare a purchase order, or prepare a certificate of origin at the port of loading.?

Incoterms is an acronym standing for international commercial terms. They are rules that form the basic terms of trade for the sale of goods across global borders.
These rules were created to guide importers and exporters trying to do international trade with each other and are applicable whether the parties are trying to package & label a shipment, prepare a purchase order, or prepare a certificate of origin at the port of loading.

What Are Incoterms Rules?

Incoterms is an acronym standing for international commercial terms. They are rules that form the basic terms of trade for the sale of goods across global borders.
These rules were created to guide importers and exporters trying to do international trade with each other and are applicable whether the parties are trying to package & label a shipment, prepare a purchase order, or prepare a certificate of origin at the port of loading.

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Does shea butter expire?

The typical shelf life of unrefined shea butter is about 24 months (2 years) from the date of manufacture and packaging. This is an approximate shelf life affected by storage and temperature. The last two are very important to keep in mind!