Operators have blamed the Federal Government's ports reforms for the under-utilisation of the over N3 trillion investment in bonded terminals in the country.
One year after the implementation of the African Continental Free Trade Area Agreement (AfCFTA), which came into force on January 1, 2021, Nigeria continues to lag behind in making the trade agreement operational owing to structural challenges, Coronavirus pandemic and lack of consensus on trade protocols and strategy among stakeholders.
The United Nations Conference on Trade and Development (UNCTAD) has revealed that Africa’s current untapped export potential amounts to $21.9 billion, equivalent to 43 per cent of intra-African exports.
With productivity-boosting measures, the African Continental Free Trade Area (AfCFTA) agreement could reduce poverty and inequality while spurring sustainable and inclusive growth,...
By deploying renewable energy towards production as well as embracing a circular economy, Nigeria and other developing economies stand to benefit from a diversified production structure and improved domestic resource mobilization.
The United Nations Conference on Trade and Development (UNCTAD) has called on countries to make digital data flow for the benefit of all.
With about 75 per cent of all the plastic ever produced becoming waste, there are growing concerns that the $1 trillion industry is endangering lives of aquatic animals and poses risks to ocean and sea-related businesses.
To facilitate the much-anticipated progressive continental trade, the African Continental Free Trade Area (AfCFTA) will need to scale several hurdles.
21 Jul 2021
Global foreign direct investment (FDI) flows are expected to bottom out in 2021 and recover some lost ground with an increase of 10 per cent to 15 per cent, according to UNCTAD’s latest World Investment Report.
31 Mar 2021
The impact of the coronavirus, insecurity and governance issues may have significantly impacted manufacturing activities within the country, as investments in the sector dropped by 76.11 per cent in 2020 to N118.52 billion from N496.11 billion achieved in 2019.
24 Mar 2021
The impact of the coronavirus, insecurity and governance issues may have significantly impacted manufacturing activities within the country, as investments in the sector dropped...
17 Feb 2021
There have been concerns among major maritime operators that no Nigerian- flagged vessel participated in the global merchandise trade in the last 10 years.