Border closure: IMF backs Nigeria, urges speedy resolution of issue
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.
‘Nigeria, others need synergy to remove barriers to trade under AfCFTA’
In order to take advantage of opportunities in the continental market created under the African Continental Free Trade Agreement (AfCFTA) deal, there is a need for synergy and openness among African businesses, especially in addressing barriers to trade.
Trade within ECOWAS to drop further, defying AfCFTA agenda
With the continued closure of the Nigerian land borders for almost two months, members of the Organised Private Sector (OPS), have raised concerns about the rising effects on intra-African trade as well as on the nation’s macro-economy, in relation to inflation and job losses.
Ship owners task government on continental shipping trade
Ship owners, under the aegis of African Ship Owners Association (ASA), have called on the Federal Government to create conducive environment to encourage investment in ships to trade on the African Continental Free Trade Area (AfCFTA) agreement.
‘At UNILAG, our offering is defined by creative thinking, partnership’
One major step forward for us as a university is to increase our international footprint. Over the years, we’ve had a lot of interactions, but we’ve to step up to the next level...
Government assures stakeholders of inclusiveness in auto policy review
Federal Government has said concerted efforts are in process to ensure broad participation and inclusiveness of all stakeholders in the automotive industry in framing the review of the National Automotive Industry Development Plan (NAIDP) Bill.
Afreximbank, UN chief task African leaders on manufacturing, trade
Amid efforts to get the African Continental Free Trade Agreement (AfCFTA) take off effectively, African Export-Import Bank (Afreximbank), has urged the continent’s leaders to create vehicles..
Minister of agriculture decries food imports in Nigeria
Minister of Agriculture and Rural Development, Sabo Nanono, has decried the increasing rate at which African countries, especially Nigeria import food and other agricultural products from other continents.
Nigeria’s chief trade negotiator, Osakwe is dead
Nigeria’s Chief Trade Negotiator and Director-General of Nigerian Office for Trade Negotiation, Ambassador Chiedu Osakwe, has died. "Amb Chiedu Osakwe, Nigeria's Chief Trade Negotiator & Director General of Nigerian Office for Trade Negotiation @TradeOfficeNG has passed on," African Continental Free Trade Area (AfCFTA) said in a Tweet on Monday. "Africa has lost an illustrious son,…
On economy, play by the rules, Buhari tells NACCIMA
President Muhammadu Buhari, yesterday, declared that everyone must play by the rules on issues relating to trade and business activities that are central to Nigeria’s economic development.
Stakeholders reiterate need for AfCFTA safeguard measures
Stakeholders in the maritime and media industries have predicted that it would be difficult to enjoy the dividends of the African Continental Free Trade Agreement (AfCFTA) without the presence...