AfCFTA
30 Aug 2023
Industry stakeholders have urged entrepreneurs and exporters to fully tap into e-commerce to benefit from the Africa Continental Free Trade Area (AfCFTA) $3.4 trillion market.
30 Aug 2023
Multiple challenges including inefficient port infrastructure, un-unified currency, regulatory gaps, insecurity, lack of funds, high freight rates, poor turnaround time in cargo clearance, complex Customs processes, inadequate storage capacities...
24 Aug 2023
President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Otunba Dele Oye, has charged the Federal Government to speed up the operationalisation of the African Continental Free Trade Area...
23 Aug 2023
The University of Ilorin, Kwara State has emerged as an African champion at the maiden edition of the African Continental Free Trade Agreement (AfCFTA) youth debate challenge held in Zambia. The University had recorded an outstanding performance in the preliminary rounds of the inaugural edition of the Africa Youth Trade debate organised by the African…
8 Aug 2023
The Nigerian Association Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has warned that deviating from the globally-acceptable standards in the issuance of certificates of origin for goods being traded internationally portends danger for Nigerian businesses and the economy.
17 Jul 2023
African leaders, yesterday, gathered in Nairobi, Kenya’s capital for the African Union’s (AU) fifth mid-year coordination meeting, aimed among other things, to address critical issues of African integration and division of labour.
12 Jul 2023
President of the Nigerian-American Chamber of Commerce (NACC), Dame Adebola Williams, has said the reason Nigerian goods do not do well in terms of export is because many business owners prefer taking shortcuts.
23 Jun 2023
The African Regional Organization of the International Trade Union Confederation (ITUC-Africa), has pledged to support the implementation of the African Continental Free Trade Area (AfCFTA) across the continent to create jobs.
21 Jun 2023
The African Export-Import Bank (Afreximbank) has unveiled its 2023 edition of the African Trade Report (2023ATR).
21 Jun 2023
As Bank unveils 2023 African Trade Report The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) yesterday signed a term sheet for a $400 million tranche under a proposed $1 billion global credit facility to support ARISE IIP in the development of industrial parks and Special Economic Zones (SEZs) in several African…
14 Jun 2023
The recent call by the International Monetary Fund (IMF) contained in its report titled ‘Trade Integration in Africa: Unleashing the continent’s potential in a changing world,’ for the removal of trade barriers resonates among many policy makers on the continent. The removal of trade barriers within the continent has been of concern to policy makers and other…
8 Jun 2023
To meet increasing demands for goods and services in Nigeria and other African cities, Regional Head of Integration and Business Growth, Maersk, Mr. Darryl Judd, has charged the Nigerian government and leaders across the continent to improve investment ...
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The Central Bank of Nigeria (CBN) has informed Bureau De Change (BDC) operators about direct sales of US dollars at a discounted rate of N1,021 per dollar. The directive was contained in a circular issued by the apex bank on Tuesday, 23 April 2024. This is the second sale this month and the fourth in…
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Nigerian singer Tems has announced the release of her latest single ”Love me Jeje” an imitation of Seyi Sodimu in 1997. Seyi Sodimu known as Mr. Jeje is a Nigerian singer-songwriter, best known for his hit single "Love Me Jeje". The song made him popular in Nigeria in the late 1990s and early 2000s. The…
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Dangote Oil and Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Dangote on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre respectively. This latest round of reductions is coming about two weeks after the company slashed the price…
28 mins ago
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58 mins ago
Erik ten Hag says the media reaction to Manchester United's performance in the FA Cup semi-final against Coventry was "a disgrace", robustly defending his side's achievement in reaching a second straight final. United surrendered a 3-0 lead at Wembley on Sunday and were saved from a humiliating exit in extra time only by a VAR…
1 hour ago
A Federal High Court, Abuja, on Tuesday, fixed May 10 for ruling on an application by former Governor of Kogi, Alhaji Yahaya Bello, seeking an order of setting aside the April 17 arrest warrant issued against him. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Kemi Pinheiro,…
1 hour ago
A 31-year-old Chinese tourist died after falling into an acidic crater lake in Indonesia’s East Java province, local media reported. The tourist was taking a selfie with her husband when she slipped and fell into the 75-metre-deep Ijen Crater in Banyuwangi district , Kompas.com reported on Tuesday. The couple’s tour guide said the woman had…
1 hour ago
The Nigerian government has said that every Nigerian borrower who goes for made-in-Nigeria product would get better terms on their credit facility. This was revealed by President Bola Tinubu's spokesperson Ajuri Ngelale during in an interview on TVC. "The president has put in a stipulation that we are going to be giving through the Consumer…
1 hour ago
The Federal High Court in Abuja has rejected the request made by a former governor of Kogi State, Yahaya Bello, that his order of arrest should be discharged. The court rejected the request on Tuesday after Bello who was absent at his arraignment said he is ready to make an appearance but he is afraid…
1 hour ago
Former Governor of Kogi, Alhaji Yahaya Bello, on Tuesday, prayed a Federal High Court, Abuja to vacate the arrest warrant order issued to the Economic and Financial Crimes Commission (EFCC) against him on April 17. Bello, through his lawyer Adeola Adedipe, SAN, made the application following an order by Justice Emeka Nwite, directing the EFCC…