APRA commends African Union on trade summit
The President of African Public Relations Association (APRA), Mr Yomi Badejo-Okusanya has commended the African Union (AU) on it declarations at the 31st AU Summit held in Nouakchott, Mauritania.
Africa needs stronger leadership, says Obasanjo
Former President of Nigeria, Chief Olusegun Obasanjo, said stronger leadership was critical for the economic development of the African continent.
Ambode urges Nigeria to sign AfCFTA to boost export
Lagos State governor Akinwunmi Ambode Thursday declared support for the African Continental Free Trade Agreement (AfCFTA) and urged Nigeria to sign the agreement. He made the declaration during the second National Committee on Export Promotion Meeting in Lagos. “Nigeria is one of the two countries left to sign the African Continental Free Trade Agreement; typical…
Nigeria abstains as 49 AU members sign free trade pact
Forty-nine out of the 55 members of the African Union have signed the African Continental Free Trade Area (AfCFTA) agreement, said AU chairperson Paul Kagame. Kagame, who is also the Rwandan president, made the announcement in Nouakchott during the closing ceremony of the 31st summit of the 55-member African Union. South Africa, Sierra Leone, Namibia,…
Lawyers interrogate pros, cons of Africa continental free trade agreement
The Nigeria Bar Association Section on Business Law (NBA-SBL) has said it would examine the desirability or otherwise of the Africa Continental Free Trade Agreement...
FG consulting before signing AFCTA, says Osinbajo
Vice President Yemi Osinbajo said Nigeria did not sign the African free continental trade agreement because the federal government did not want to hurt the country's private sector. VP Osinbajo stated this on Thursday at the FT Nigeria Summit. He said the private sector was uncomfortable with the details and letters of the agreement because…
North East stakeholders forum seeks free trade zone for economic growth
A Northeast Stakeholders’ Forum has urged the Federal Government to adopt African Continental Free Trade Area (AfCFTA) in the area.According to the forum, it was necessary for the effective monitoring of economic growth and development.
Manufacturers propose tax, product exclusivity for AfCFTA ratification
Although the African Continental Free Trade Area (AfCFTA) seeks to create a wider market for trade, local manufacturers are seeking government’s intervention in limiting the number of product lines that will be liberalised, as a protectionist measure. According to the Manufacturers Association of Nigeria (MAN), certain product lines need to be protected from the liberalised…