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African Continental Free Trade Area
The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities.
The Federal Government said it has put machinery in motion to register more employers associations, besides the Nigeria Employers Consultative Association.
Members of the organised private sector (OPS) have urged the federal government to rise to the occasion and arrest the worsening insecurity in the country in order to salvage the nation’s economy from a total collapse.
Twitter has officially announced its decision to base its African headquarters in Ghana. The social media company is already looking to fill 12 positions in the West African country but will hold off on opening a physical office until the Covid-19 pandemic subsides.
Many African countries have no ability to enforce customs agreements, and this could be a major hindrance to the implementation of the African Continental Free Trade Area (AfCFTA) agreement, its secretary general Wamkele Mene has said.
The House of Representatives’ Committee on Customs and Excise (NCS) has proposed a revenue target of N1.56 trillion for the Nigeria Customs Service in 2021, up from the original N1.4 trillion proposition.
The house of representatives committee on customs and excise has raised the revenue target for the Nigerian Customs Service (NCS) in the 2021 financial year from N1.465 trillion to N1.679 trillion.
Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement.
Though the implementation of the African Continental Free Trade Agreement (AfCFTA) promises to transform the economy of Africa, the objective will not be fully achieved if the opportunities offered by the deal are not fully explored.
The Nasarawa State Government has concluded plans to establish a commodity marketing board as part of moves to explore the African Continental Free Trade Area (AfCFTA) Agreement for increasing Internally Generated Revenue (IGR) and job creation for the teeming youth population.
President Akufo-Addo: Successful Ghanaian diplomacy led to establishment of AfCFTA secretariat in Accra
Successful Ghanaian diplomacy enabled the African Union (AU) to agree to the location in Accra of the Secretariat of the African Continental Free Trade Area (AfCFTA), President Nana Addo Dankwa Akufo-Addo has said.
The Nigerian-American Chambers of Commerce (NACC) says Nigeria would be short-changed in the African Continental Free Trade Area (AFCFTA) if the dilapidated infrastructure remains unfixed.
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa.
The minister of industry, trade and investment, Niyi Adebayo, says Nigeria’s trade agenda is to operate on the world stage, noting that the country has outgrown Africa.
The Nigerian Office of Trade Negotiations (NOTN) says trading has not begun under the African Continental Free Trade Area (AfCFTA) agreement because it is still in the process of domesticating the guidelines.
Analysts yesterday forecasted a faster economic recovery for Nigeria as crude oil prices, at $60 per barrel, hit a new high since February 2020.
The International Monetary Fund (IMF) on Monday said the Nigerian economy is at a critical juncture, having been weakened by falling per capita income, double-digit inflation, limited buffers, significant governance vulnerabilities, and the global pandemic.
The International Monetary Fund (IMF) says that Nigeria’s outlook remains challenging and charged the federal government to urgently undertake policy adjustments.
The Network of Practicing Non-oil Exporters of Nigeria (NPNEN) on Friday, during its first non-oil exporters' town hall meeting deliberated on ways to improve the country’s non-oil export sector. The event which was hosted in a hybrid format (physical and virtual) brought together over 140 stakeholders to identify means of harnessing Nigeria’s Non-Oil resources to leverage improved economic growth.
Chad's former prime minister Moussa Faki Mahamat on Saturday won a second term as head of the African Union's executive body at the opening of a two-day virtual summit expected to focus on the continent's pandemic response.
Chairperson of the African Union (AU) Commission Moussa Mahamat on Friday said that “exceptional situation’’ caused by COVID-19 has not diverted the bloc’s attention from Africa’s priority issues.
“How can I tell my players that I’m leaving the club at this stage of the season? We’re playing for our lives in this league and I’m going to say I’m leaving? You can say anything you want to say. I will never say that to my players. How can I say that. At the end of the season, we will see what will happen. We can’t constantly talk about my future.”
Kaduna State on Sunday was thrown into total blackout ahead of the five-day warning strike directed by the Nigeria Labour Congress to commence from midnight of Sunday in the state.
Human rights lawyer, Mr. Femi Falana (SAN), and the Alliance on Surviving COVID-19 and Beyond say Kaduna State Governor, Nasir el-Rufai, has sacked over 60,000 workers since he took office in May 2015.
Manchester United’s board and manager, Ole Gunnar Solskjaer, are in disagreement over the future of Paul Pogba.
Former President Goodluck Jonathan on Sunday called for more synergy among the state governors in order to resolve the numerous challenges affecting the country.
The Peoples Democratic Party says the failed robbery attack in Aso Rock on Monday shows that President Muhammadu Buhari, lacked the capacity to secure Nigeria.
The Ohanaeze Ndigbo has advised Governor Babajide Sanwo-Olu to ignore the rumour that members of the Indigenous People of Biafra are plotting to attack Lagos.
All Progressives Congress chieftain, Bola Tinubu, has urged Nigerians to put politics aside and pray for President Muhammadu Buhari for strength and wisdom to protect the nation.
Primary school teachers in Bayelsa have expressed disappointment that their April salaries did not reflect increment following promotions, despite the pledge by Governor Douye Diri.
The Ooni of Ife, Oba Adeyeye Ogunwusi, has called on Nigerians to desist from any act that could lead to war in Nigeria.