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African Continental Free Trade Area

AFDB President Akinwumi Adesina.

AfDB reveals top priority as Akinwumi Adesina visits UK

The African Continental Free Trade Area (ACFTA) will top discussion as Dr Akinwumi Adesina, the President of African Development Bank (AfDB) is expected in London for the milestone investment summit.
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.
Nigeria President Muhammadu Buhari on Thursday approved the recomposition of the Niger Delta Development Commission (NDDC) board after a forensic audit of the organization.

A letter from the President at New Year

Today marks a new decade. It is a time of hope, optimism and fresh possibilities. We look forward as a nation to the 2020s as the opportunity to build on the foundations we have laid together on security, diversification of our economy and taking on the curse of corruption. These are the pledges on which I have been twice elected President and remain the framework for a stable, sustainable and more prosperous future.
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.
Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Uproar in ECOWAS parliament over Nigeria’s border closure

There was uproar on the floor of ECOWAS parliament, yesterday, over Nigeria’s border closure policy as Nigeria hinged its decision on failure of Benin Republic to implement agreements.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Minister: Border closure contributes to rising inflation

The Federal Government has said that closure of the nation’s borders has contributed to the rising inflation.
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.

Nigeria, South Africa operate difficult visa regimes – AfDB, AU

A report of the African Development Bank Group and the African Union has ranked Nigeria and South Africa as some of the nations that make it difficult for prospective African travellers to secure entry visas.
President Muhammadu Buhari with President Cyril Ramaphosa of South Africa during the visit of President Buhari to Pretoria

President Buhari advocates strong Nigeria, South Africa relationship for African development

President Muhammadu Buhari says a strong strategic relationship between Nigeria and South Africa can become the engine for the rapid economic, political, social, cultural development of Africa, thereby delivering ‘the Africa we want’.

Afreximbank chief urges Nigeria to set up agency for AfCFTA

To enjoy the opportunities offered by the implementation of the African Continental Free Trade Area (AfCFTA), the President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has urged Nigeria to set up a specialized agency for the project.
Saratu Iya Aliyu

NACCIMA to promote vibrant regional economy with 16 point agenda

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 Buhari mourns as Nigeria’s chief trade negotiator Chiedu Osakwe passes on

President Muhammadu Buhari on Monday mourned the death of the Director-General of the Nigerian Office for Trade Negotiations, Ambassador Chiedu Osakwe.
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.

Federal government proposes N9.79 trillion budget for 2020

The Federal Government will propose to the National Assembly about N9.79 trillion as total expenditure in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said.
Manufacturers Association of Nigeria (MAN)

MAN urges Nigerians to embrace Made-in-Nigeria products

The President of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed, has enjoined Nigerians to have preference for Nigerian-manufactured products to enable the country’s local manufacturers employ more Nigerians and spread wealth in the country.
Secretary to the Government of the Federation (SGF) Boss Mustapha

SGF urges improvement in export trade

The Secretary to the Government of the Federation Mr. Boss Mustapha yesterday challenged Nigerians to move forward in their trading activities as the nation cannot remain a consuming nation, even though it believes in free trade.

CIBN presents accreditation certificate to Ecobank academy

The Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria.

Recent Stories

The Minister of Communications & Digital Economy, Isa Pantami, has signed a MoU on behalf of Federal Government with Tech giant, International Business Machines (IBM) West Africa, for partnership & collaboration in area of Digital Skills in Nigeria

Federal government signs MoU with IBM for digital skills development

The Minister of Communications and Digital Economy, Dr Isa Pantami, has signed a Memorandum of Understanding (MoU) on behalf of the Federal Government with Tech giant, International Business Machines (IBM) West Africa, for partnership and collaboration in the area of Digital Skills development in Nigeria.
Kola Ologbondiyan

PDP, APC governors bicker over supreme court judgment in Imo

The opposition Peoples Democratic Party (PDP) and governors elected on the platform of the All Progressives Congress (APC) were, at the weekend, locked in a verbal duel over the Supreme Court judgment which replaced PDP’s Emeka Ihedioha with APC’s Hope Uzodinma as governor of Imo State.
Senator Godswill Akpabio

Niger Delta abandoned projects: We’ll recover all money paid to contractors – Senator Akpabio

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has reiterated the government’s determination to recover every money paid to contractors on all abandoned projects by the Niger Delta Development Commission (NDDC)
Anambra State Agricultural Development Programme says the state is set to embark on the production of foreign melon. Anambra State Agricultural Development Programme says the state is set to embark on the production of foreign melon.

Anambra to produce foreign melon

The ADP said students of crop science of Nnamdi Azikiwe University Awka are set to partner Anambra State Agricultural Development Programme to produce Indian melon, sweet melon and a host of other foreign melon for local and international markets and for revenue generation.
United Nation’s Children Fund (UNICEF)

UNICEF to immunize two million against yellow fever in Ekiti

In a bid to arrest the spread of yellow fever killer disease in Ekiti State, the United Nations Children’s Fund (UNICEF), has expressed its readiness to Immunize two million persons in the state to protect the population from the scourge.