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African Continental Free Trade Agreement

1 Jan 2019
The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to revisit the assumptions of the 2019 budget, particularly crude oil production and price as well as ensure upward review of education and health allocations before appropriation. Citing the negative effects the outcome of the budget might have on the economy and the manufacturing…
5 Oct 2018
Air Peace airlines has lamented the loss of over N1billion in the last six months over alleged politics of protectionism on the African continent. The subtle politics, which is more pronounced on the West Coast, manifest in ridiculous charges and stringent conditions, which makes it difficult for operating airlines to survive on the regional routes.…
1 Oct 2018
Stakeholders in the aviation industry have attributed the woes confronting Nigeria’s flag carriers on the international front to a number of factors, including unfavourable air pacts, market protectionism and discriminatory flight cuts across Europe and African countries. They stated that the development was staking the odds against the airlines, which were being frustrated out of…
31 Aug 2018
The African Continental Free Trade Agreement (AfCFTA), may not come into force anytime soon as only seven of the 22 countries needed to ratify it, have signed the deal. The deal is meant to create a single continental market for goods and services. Each country has 120 days after signing the framework to ratify. But…
6 Jul 2018
Governor Akinwunmi Ambode of Lagos State has urged Nigeria to sign the African Continental Free Trade Agreement (AfCFTA) for the nation to champion intra-African trade, economic development. Ambode, who gave the advice yesterday in Lagos during the 2nd National Committee on Export Promotion Meeting in Lagos, said: “Nigeria is one of the two countries left…
1 Jun 2018
Preparatory to the ratification of the African Continental Free Trade Agreement (AfCFTA), the Nigerian Office for Trade Negotiations (NOTN), has announced that an anti-dumping rule has been negotiated, as part of protectionist measures to avert dumping of goods in the country.

Latest

3 mins ago
For three days last week there was a well-attended Festschrift conference in Abuja in honour of General Abdulsalami Abubakar, Nigeria’s former Head of State who handed over power to an elected civilian government on May 29, 1999.
4 mins ago
The alarming rate of kidnapping in Nigeria in recent times, particularly in the northern states has compounded the Boko Haram war situation that has devastated the Northeast.
4 mins ago
Ordinarily, suppose one should go by the maxim that we are all political animals as asserted by the great philosopher himself.
6 mins ago
To check the rising cases of unclaimed dividend in capital market currently put at N158.44 billion, experts that gathered at the 10th yearly conference of the Institute of Capital Market Registrars (ICMR) have underscored...
6 mins ago
The need to vote for a public institution that has been adjudged most responsive to requests for information from members of the public under the Freedom of Information (FOI) Act has been canvassed by International Press Centre (IPC) and Media Rights Agenda (MRA).