Home Topics African Continental Free Trade Agreement
African Continental Free Trade Agreement
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).
Emir of Kano, Muhammadu Sanusi and Governor Kayode Fayemi of Ekiti State have said that the decision by Nigeria to close its border is part of the measures to preserve its foreign policy in the national interest.
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 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.
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 $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.
The IndustriALL Global Union Federation has decried the rate of expatriate quota abuse in the oil and gas companies operating in Nigeria.
Nigeria recently partially closed its border with Benin in an effort to stem the smuggling of rice. It then went on to close its land borders to the movement of all goods from Benin, Niger and Cameroon, effectively banning trade flows with its neighbours.
The International Monetary Fund (IMF) has expressed tacit support for the closure of Nigeria’s land borders to its neighbours over issues bordering on illegal trade.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the temporary closure of Nigeria’s land borders with her neigbours is not to induce revenue generation.
The Minister of Industry, Trade & Investment, Otunba Adeniyi Adebayo, is the keynote speaker and will lead other top speakers as the Institute of Directors (IoD) Nigeria 2019 Annual Director’s Conference in Abuja.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has come up with a 16 point agenda to promote a vibrant regional economy through public and private sector collaboration,
President Muhammadu Buhari has lashed out at traders who smuggle fake products into the country, accusing them of choosing profits over patriotism.
President Muhammadu Buhari has on Thursday assured Nigerians that the Federal Government will not inflict additional hardship on citizens, rather it will keep seeking ways to ameliorate their sufferings and create a more enabling environment for everyone to thrive.
The President of the Senate, Dr Ahmad Lawan, on Tuesday assured manufacturers that the Ninth National Assembly would strengthen the sector with enabling laws to boost growth and job creation in the nation.
Plateau State Governor Rt. Hon. Simon Bako Lalong commended the security agencies particularly the Department of State Services for the rescue of five kidnapped aid workers by the Boko Haram terrorist group including Jennifer Ukambomg Samuel, a nurse from Plateau State.
Troops of Joint Task Force (JTF) Operation Delta Safe (ODS) have invaded and burnt part of Bilabiri community in Ekeremor Local Government Area, Bayelsa State.
The Peoples Democratic Party (PDP) has threatened nationwide civil disobedience over what it described as dangerous drift in the affairs of the nation.
A two-storey building has collapsed around Agarawu area of Lagos Island, Lagos State.
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 Gambia on Sunday warned its ousted leader, Yahya Jammeh, not to try to return home from his exile in Equatorial Guinea.
The corruption trial of a former Chairman of the then Pension Reform Task Team, Abdulrasheed Maina, continued before the Federal High Court in Abuja, on Thursday, with another of his siblings, Khalid Aliyu, testifying against him.
Ukraine International Airlines President Yevhenii Dykhne on Saturday said he never doubted that the airline had not caused the crash of its passenger plane in Iran.
The N32.9 billion fraud trial of alleged internet celebrity, Ismaila Mustapha (alias Mompha), on Wednesday, continued before a Federal High Court in Lagos State.
The Supreme Court has announced that it would deliver judgment on the petitions against the declaration of Emeka Ihedioha, as the governor of Imo state by the Independent National Electoral Commission on Monday.