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The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities.
The Federal Government said it has put machinery in motion to register more employers associations, besides the Nigeria Employers Consultative Association.
Members of the organised private sector (OPS) have urged the federal government to rise to the occasion and arrest the worsening insecurity in the country in order to salvage the nation’s economy from a total collapse.
The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, yesterday expressed concern over the decrease in volume of trade between Nigeria and South Korea.
The Central Bank of Nigeria (CBN) has set up a N500 billion non-oil export stimulation facility with the Nigerian Export Import Bank (NEXIM) to enable exporters process agriculture commodities into other markets in Africa and globally.
Mr Rotimi Amaechi, Minister of Transportation, on Tuesday described the rail mode of transportation as the awakening giant that would run government.
Many African countries have no ability to enforce customs agreements, and this could be a major hindrance to the implementation of the African Continental Free Trade Area (AfCFTA) agreement, its secretary general Wamkele Mene has said.
The Director-General/Chief Executive, Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Dr. Dikko Umaru Radda, has assured that its furniture cluster park, currently under construction at the Industrial Development Centre (IDC), Idu, Abuja, will on completion in 2021, enhance the competitiveness of micro, small and medium scale enterprises (MSMEs) in the country and boost efforts to diversify the economy.
Two days to the Easter Celebration, prices of perishable food items have soared in major markets in Lagos, newsmen report.
The house of representatives committee on customs and excise has raised the revenue target for the Nigerian Customs Service (NCS) in the 2021 financial year from N1.465 trillion to N1.679 trillion.
Speaker of the ECOWAS Parliament, Mohamed Tunis, has pleaded for prompt payment of Community Levy by Member States to finance projects across the sub-region.
Managing Director of Nigeria Export-Import Bank, NEXIM, Alhaji Abba Bello, says Nigeria needs more functional port terminals to facilitate the export and import of goods, ease the Apapa gridlock, and also expand economic growth and development in other parts of the country.
Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement.
Though the implementation of the African Continental Free Trade Agreement (AfCFTA) promises to transform the economy of Africa, the objective will not be fully achieved if the opportunities offered by the deal are not fully explored.
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that it was meant to protect local industries from unfavourable competition and to create jobs for Nigerians.
The Nasarawa State Government has concluded plans to establish a commodity marketing board as part of moves to explore the African Continental Free Trade Area (AfCFTA) Agreement for increasing Internally Generated Revenue (IGR) and job creation for the teeming youth population.
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
President Akufo-Addo: Successful Ghanaian diplomacy led to establishment of AfCFTA secretariat in Accra
Successful Ghanaian diplomacy enabled the African Union (AU) to agree to the location in Accra of the Secretariat of the African Continental Free Trade Area (AfCFTA), President Nana Addo Dankwa Akufo-Addo has said.
The Manufacturing Association of Nigeria (MAN) has tasked the government to boost the manufacturing sector to compete favourably in Africa, especially with the take-off of the African Continent Free Trade Agreement (AFCFTA).
The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic.
Nearly 20 million more people faced food crises last year amid armed conflict, the COVID-19 pandemic and weather extremes, and the outlook for this year is again grim, according to a report by the Global Network Against Food Crises (GNAFC)
Ashley Young has weighed in on the protests at Old Trafford last weekend, insisting that Manchester United fans' anger at the Glazers "goes back years and years".
A French journalist kidnapped by Islamist militants in the northern Mali city of Gao last month has appeared in a video appealing to French authorities to do everything they can to free him.
China has drawn up plans to upgrade an airstrip and bridge on one of Kiribati’s remote islands about 3,000km southwest of Hawaii, lawmakers told Reuters, in a bid to revive a site that hosted military aircraft during World War Two.
Germany is banning Islamic organisation Ansaar International, which it says has financed terrorism around the world, the interior ministry said on Wednesday.
A 19-year-old man, Mr Ibrahim Kabiru, says he realizes an average of N1, 500 daily, amounting to N45,000 monthly, from cutting and cleaning nails.
Chelsea have reportedly set their sights on a sensational Stamford Bridge return for Romelu Lukaku this summer as Thomas Tuchel looks to kick-start his attack.
Ukraine legend Andriy Shevchenko has revealed that he has still not got over AC Milan’s collapse against Liverpool in the 2005 Champions League final.
The Osun government has concluded plans to construct perimeter fence in all public primary and secondary schools in the state to ensure safety of pupils and students.
Mr Abdulkadir Shehu, a journalist with Progress FM, a private radio station in Gombe, said he returned the $3,000 dollars he found along the road to its owner, because it would be wrong for him to claim it.