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The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

NESG: How AfCFTA will impact economy

The Nigerian Economic Summit Group (NESG) has conducted a study on the impact of the African Continental Free Trade Area (AfCFTA) on key macroeconomic variables.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

Nigeria undergoing reforms for AfCFTA

Intra-Africa trade has been historically low due to numerous trading rules and tariffs of many countries, leading to untapped potential in the region.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

AfCFTA: MAN wants federal government address gaps in economic ecosystem

The Manufacturers Association of Nigeria (MAN) has advised the Federal Government to address the gaps in the economic ecosystem to benefit from the Africa Continental Free Trade Area (AfCFTA) in 2020.

SON: Why we approved 128 new standards for AfCFTA

The Standards Organisation of Nigeria (SON) has taken proactive measures to ensure there is no drawback, in Nigeria’s participation in the African Continent Free Trade Agreement (AfCFTA), by approving a new set of 128 Nigeria Industrial Standards.

LCCI releases economic outlook for 2020

The Lagos Chamber of Commerce and Industry (LCCI) has projected a high cost of doing business in 2020.
Senate President Ahmed Lawan

Senate summons minister over planned visa-on-arrival policy

The Senate, on Tuesday, summoned the Minister of Interior, Rauf Aregbesola, to explain details of the visa on arrival policy introduced by the Federal government.
The border closure has affected goods from other West African countries. Wikimedia Commons

Senator outlines measures to reopen Nigerian borders

A former Chairman, Senate Committee on Police Affairs, Senator Abu Ibrahim, Friday listed measures Nigeria should take to reopen its closed borders.

AfCFTA: Visa on arrival for Africans begins January 2020 – President Buhari

President Muhammadu Buhari has disclosed Nigeria would commence issuing visa on arrival in January 2020 to all holders of African passport as a way of promoting free movement and facilitating the full implementation of the African Continental Free Trade Agreement (AfCFTA).
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

AfCFTA: Nigeria harps on fairness

For the African Continental Free Trade Area (AfCFTA) agreement to achieve its goals and boost intra-African trade, deliberate efforts ensuring fair trade must endure, says Minister of Industry, Trade and Investment, Mr Niyi Adebayo.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

Nigeria hosts AfCFTA national forum in Lagos

Nigeria, which signed the landmark African Continental Free Trade Agreement in July, will on Thursday and Friday hosts its national AfCFTA Forum on the “Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development”.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

AfCFTA will promote insecurity, imperialism – NGO

The federal government has been advised to urgently reverse its decision to take part in the proposed African Continental Free Trade Agreement (AfCFTA) signed by 27 African Union member states in Kigali, Rwanda, describing it as an instrument of neo-colonialism.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Minister: Border closure is reason for rising food inflation

Nigeria’s recent border closure drill has been linked to the recent rise in headline inflation which is currently at 11.61 per cent as of October 2019.
Former President Olusegun Obasanjo has listed what Nigeria should do to have access to $12 trillion “dormant funds”.

Border closure: Former President Obasanjo chides Benin, supports Muhammadu Buhari

Former President Olusegun Obasanjo on Tuesday in Addis Ababa backed President Muhammadu Buhari’s stance on border closure, urging Benin Republic to change its ways for a harmonious bilateral relationship with Nigeria.

AfCFTA: Group entertains fear over Nigeria’s immediate benefits

Leadership of the Association of Nigeria Customs Licensed Agents, ANLCA, has expressed worries on what Nigeria stands to gain from the commencement of the African Continental Free Trade Agreement, AfCFTA, being a consumption based nation, and one with myriads of import/export control mechanism.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

UNIDO: AfCFTA veritable platform for Africa’s industrialisation agenda

The African Continental Free Trade Area (AfCFTA) agreement will provide a new impetus to the continent’s industrialization agenda through increased intra-African trade.
The border closure has affected goods from other West African countries. Wikimedia Commons

NEPZA: Benin accounts for N1.45 trillion goods smuggled into Nigeria annually

This was the revelation from Simon Tsuwan, a representative of the Acting Managing Director, Nigeria Export Processing Zones Authority (NEPZA), David Terhemba Nongo, has revealed. He spoke on the sidelines of a two-day national workshop in Lagos, last week.
The Nigeria Export Processing Zones Authority (NEPZA) says N1.45 trillion worth of goods are smuggled into Nigeria annually from Benin Republic.

NEPZA: N1.45 trillion goods smuggled into Nigeria from Benin Republic annually

The Nigeria Export Processing Zones Authority (NEPZA) says N1.45 trillion worth of goods are smuggled into Nigeria annually from Benin Republic.

Governor Ikpeazu secures $430 million deal for Enyimba Economic City

Abia State Governor, Dr. Okezie Ikpeazu, has secured the go-ahead of the African Development Bank (AfDB), private investors and other multilateral financial institutions for the investment of $430 million to fast-track the development of Enyimba Economic City (EEC).

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Imo guber: Judiciary, electoral system on trial – Emeka Ihedioha

The sacked governor of Imo State, Emeka Ihedioha, has said that the nation’s judiciary and the electoral system have been put on trial.
The Retired Bishop of the Igbomina Diocese, Church of Nigeria (Anglican Communion), Rt. Rev Peter James Akinola, has urged South-West governors to remain resolute in their determination to tackle insecurity and ensure ‘Operation Amotekun’ succeeds

Amotekun: Cleric urges South-West governors to remain resolute in your determination to tackle insecurity

The Retired Bishop of the Igbomina Diocese, Church of Nigeria (Anglican Communion), Rt. Reverend Peter James Akinola, has urged South-West governors to remain resolute in their determination to tackle insecurity and ensure ‘Operation Amotekun’ succeeds.
In furtherance to boosting the airpower assets of the NAF to tackle current and emerging security threats in the country, the Nigerian Airforce is set to induct two new Augusta 109 Westland Attack helicopters into combat operations.

Nigerian Airforce takes delivery of two new Augusta attack helicopters for combat operations

In furtherance to boosting the airpower assets of the NAF to tackle current and emerging security threats in the country, the Nigerian Airforce is set to induct two new Augusta 109 Westland Attack helicopters into combat operations.