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African Continental Free Trade Area

The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB says risks to growth ‘increasing by the day’

The U.S.-China trade war and uncertainty over Brexit pose risks to Africa’s economic prospects that are “increasing by the day,” the head of the African Development Bank (AfDB) told Reuters.
6 President Muhammadu Buhari on Wednesday received Cyril Ramaphosa, his South African counterpart, in Abuja.

Presidents Buhari, Ramaphosa to meet over xenophobic attacks

Presidents Muhammadu Buhari and Cyril Ramaphosa of South Africa will meet on the sidelines of the ongoing African Export Import (Afrexim) bank Annual General Meeting in Abuja to discuss the killing of Nigerians and citizens of other African countries in South Africa.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

AFCFTA: President Buhari promises enabling environment for Nigerian manufacturers

President Muhammadu Buhari has pledged that his administration would work on safeguards to support manufacturers as the country engages the next phase of the negotiations of the African Continental Free Trade Area (AFCFTA) agreement.
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: President Buhari approves establishment of national action committee

President Muhammadu Buhari has approved the establishment of a National Action Committee (NAC) for implementation of African Continental Free Trade Area (AfCFTA) Agreement, which he signed on behalf of Nigeria at the 12th Extraordinary Session of the African Union Heads of State on 7th July 2019, in Niamey, Republic of Niger.
Vice President Yemi Osinbajo attended a church service on Sunday at the RCCG Regional Parish in New York, United States, where he gave a sermon and also prayed fervently for Nigeria 3

VP Osinbajo: Young entrepreneurs will change narrative about Africa

Vice-President Yemi Osinbajo has said young African entrepreneurs will change the perception about Africa and the continent’s economic outlook.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA: Signing of AfCFTA an error

The raging controversies over the signing of African Continental Free Trade Area Agreement by President Muhammadu Buhari got another big voice on Wednesday in person of the Director-General of Nigeria Employers’ Consultative Association (NECA), Mr Timothy Olawale.
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said that Nigeria needs to evolve a more effective tariff structure in order to achieve steady electricity supply.

AfDB chief appeals to investors to attend Africa Investment Forum

Mr Akinwumi Adesina, the President, African Development Bank (AfDB), has appealed to investors to attend the bank’s 2019 Africa Investment Forum (AIF).

AfCFTA: NANTS urges federal government to boost MSMEs funds

President Muhammadu Buhari had on July 7, at the 12th Extraordinary Summit of African Union (AU) Heads of State and Government in Niamey, Niger Republic signed the agreement establishing the AfCFTA.
Saratu Iya Aliyu

OPS commends federal government for signing AfCFTA

The Organised Private Sector (OPS), has expressed satisfaction with the signing of African Continental Free Trade Area (AfCFTA) by Federal Government.
The National Council on Privatisation (NCP) on Tuesday declared Transcorp Power Consortium as the winner of the financial bid for the privatisation of Afam Power Plc.

Gencos: African trade agreement will boost electricity generation, supply

The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) Agreement signed last Sunday in Niamey, Niger Republic. by all heads of government of the African Union will boost power generation and supply in the continent.
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).

Afreximbank backs AfCFTA with $1 billion

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).

Ghana named AfCFTA headquarters as AU targets $3.4 trillion economic bloc

African leaders last weekend named Ghana as the host of the future headquarters of the continental free trade zone which is expected to unite 1.3 billion people, and create a $3.4 trillion economic bloc that would usher in a new era of development.
President Muhammadu Buhari has dismissed the reports that his London trip was to compile the list of persons to be appointed as ministers during his second tenure.

President Buhari returns to Abuja after AU Summit

President Muhammadu Buhari returned to Abuja on Monday after attending the 12th Extraordinary Summit of the African Union in Niamey, Niger Republic.
President Buhari receives in Courtesy Visit Labour Leadership led by President of Nigeria Labour Congress Ayuba Wabba in State House on 7th Mar 2019-3

President Buhari pledges support for Libya’s stability

President Muhammadu Buhari has pledged Nigeria’s continued support for Libya’s quest to regain political and security stability.
President Muhammadu Buhari on Thursday met behind closed doors with the Liberian President, George Weah.

President Buhari hails IDB for infrastructural support

President Muhammadu Buhari on Sunday thanked the Islamic Development Bank (IDB) for ongoing interventions in agriculture, trade and investment, rural development and food security in Nigeria.

Federal government identifies 22 foreign exchange earning sectors to replace oil

About 22 sectors capable of generating foreign exchange for the federal government in place of crude oil have been identified, the Executive Director, Nigerian Export Promotion Council (NEPC), Segun Awolowo, has said.
President Buhari signs New National Minimum Wage Bill into Law in State House on 18th April 2019 2

AfCFTA: Free trade must be fair – President Buhari

With the signing of the African Continental Free Trade Area (AfCFTA) agreement by President Muhammadu Buhari at the opening of the African Union (AU) Summit yesterday in Miami, Niger, Nigeria has joined the AfCFTA.
PRESIDENT MUHAMMADU BUHARI INAUGURATES BOARD MEMBERS OF THE NORTH-EAST DEVELOPMENT COMMISSION AT THE COUNCIL CHAMBER STATE HOUSE. PHOTO; SUNDAY AGHAEZE. MAY 8 2019 3

President Buhari: Why Nigeria will not rush into African free trade agreement

President Muhammadu Buhari on Thursday gave reasons again why Nigeria will not be rushed into the African Continental Free Trade Area (AfCFTA) treaty.

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