African Continental Free Trade Agreement

Nigeria’s former president and chairman of the Advisory Board of the first Inter-Africa Trade Fair, (IATF), Chief Olusegun Obasanjo, yesterday in Cairo, Egypt, decried the lethargic disposition of some African leaders including Nigeria, towards the signing of the African Continental Free Trade Agreement, (AfCFTA).

Chairperson of the African Union (AU) Commission, Moussa Faki, has said that one of the reasons he was in Nigeria was to discuss the African Continental Free Trade Agreement (AfCFTA) with President Muhammadu Buhari.

The African Union (AU) has begun wooing Nigeria to rescind its decision to delay the signing of the controversial African Continental Free Trade Agreement (AfCTA).

The UN Conference on Trade and Development (UNCTAD) says Egypt remains the top destination of foreign direct investment (FDI) in Africa.

The Federal Government says it has released N460 billion of the N2.1 trillion capital expenditure for 2018 budget implementation.

Many Nigerians are familiar with the notorious statement, “Ghana must go”. But it seems the reverse is the case now given the consistent cry by some Nigerians living in Ghana over the treatment being meted out on them by some citizens of the host country.

President of National Association of Small and Medium Enterprises (NASME), Degun Agboade, has blamed inter-agency rivalry among regulatory institutions of government as being responsible for non-standardisation of some SMEs products in Nigeria.

Emir of Kano, Muhammadu Sanusi II, on Tuesday, said refusal of the two largest economies in Africa to sign the African Continental Free Trade Agreement (AfCFTA) is surprising.

The Manufacturers Association of Nigeria has urged the Federal Government to ignore pressure from certain quarters in the industry to urgently sign-on to the African Continental Free Trade Agreement.

While restating SON’s efforts at driving the national quality infrastructure project, Aboloma said Nigeria’s membership of AFRIMETS and other continental and international standardisation bodies was a deliberate effort in ensuring that the country participates actively in inter-laboratory comparisons amongst National Institutes of Metrology (NMIs).

The Nigerian Labour Congress (NLC) Wednesday urged the federal government to thread carefully on the African Continental Free Trade Agreement (ACFTA) so as to avoid ruining local industries in Nigeria.

Nigeria’s vice president, Professor Yemi Osinbajo, yesterday said government was determined to increase the level of the country’s trade in the region.

One of the usual features on Nigerian social media is the nostalgic passion with which Nigerians often distribute pictures of the old Nigeria Airways and how that company once considered one of the best in Africa was mismanaged and made to fail.

The African Export-Import Bank (Afreximbank) has declared a $57.53 million dividend for shareholders as it grew its revenues by 25 per cent to reach $645 million in its 2017 financial year.

A former President of Nigeria, Olusegun Obasanjo, says stronger leadership is critical to the economic development of the African continent.

The South African President, Cyril Ramaphosa, on Wednesday said the South African government was not in support of xenophobic attacks on Nigerians and other countries.

Forty-six years after, Yakubu Gowon, former military Head of State, has again defended the Udoji award to civil servants after the Nigerian civil war.

Governor Akinwunmi Ambode of Lagos State on Thursday declared support for the African Continental Free Trade Agreement and urged Nigeria to sign the agreement.