African common market: Some threats from within
The Federal Ministry of Finance, Budget and National Planning in Nigeria on December 30, 2019 issued a press release, saying: “Nigeria has received the news of the change of name of the UEMOA Currency...
NESG urges Nigeria to maximise AfCFTA opportunities
Latest technical report by Nigerian Economic Summit Group (NESG), has revealed that the African Continental Free Trade Area (AfCFTA), may lead to one of two outcomes; a win-win outcome for all African countries
‘We need homegrown solutions to harness informal economy’s benefits’
I think globally, there is a slow-down and the world itself is not looking very buoyant and I think it is at times like this that I to thank God that we have the kind of digital technology that allows us to leapfrog a lot of problems.
‘Many African countries not ready for AfCFTA implementation’
Despite receiving necessary ratifications needed for execution, the African Continental Free Trade Agreement (AfCFTA), having become a binding international legal instrument
Nigeria undergoing reforms for AfCFTA
Intra-Africa trade has been historically low due to numerous trading rules and tariffs of many countries, leading to untapped potential in the region.
Nigeria’s major AfCFTA benefits to come from manufacturing, non-oil export sectors
Though operators continue to raise concerns about the need for safeguard measures under the African Continental Free Trade Area (AfCFTA) regime that is expected to commence next year, the services, non-oil export...
Buhari inaugurates committee to implement AfCFTA agreement
President Muhammadu Buhari has inaugurated the National Action Committee for the Implementation of the African Continental Free Trade Area Agreement (AfCTA).Inaugurating the committee chaired by the Minister of Industry, Trade and Investment, Niyi Adebayo...
‘Addressing domestic market challenges crucial for successful AfCFTA implementation’
Preparatory to the African Continental Free Trade Area (AfCFTA) implementation in July 2020, stakeholders in Nigeria’s real sector have identified the need for the country
Family business as influencer for economic growth
Businesses that are owned by families are the most common ownership business model in the world, with their impact on the global economy considered significant. It is estimated that total economic impact of family businesses to global Gross Domestic Product (GDP) is over 70 per cent. They are recognised as one of the engines…