Tag: afcfta

In Durban, Buhari Says Nigeria’s Economy Now Restructured From Oil Dependence To Multiple Revenue Sources

President Muhammadu Buhari

States Africa’s challenges traceable to inability to domesticate production, provide jobs President Muhammadu Buhari has said his administration has transformed the nation’s economy from being solely dependent on oil revenue Read More

Apapa Traffic Gridlock May Hurt AfCFTA’s Gains, Operators Warn

Apapa gridlock

Some members of the organised private sector (OPS) have decried the lack of political will to address the perennial traffic congestion around the Apapa ports, saying the gridlock could hurt Read More

FG Lauds NEXIM’s Intra-African Trade Initiatives

Nigeria Export-Import Bank (NEXIM)

The Federal Government has commended the Nigeria Export-Import Bank (NEXIM) for enhancing its intra-African trade initiatives in readiness for the commencement of the African Continental Free Trade Agreement (AFCFTA). It Read More

FG Lauds NEXIM’s Intra-African Trade Initiatives

Nigeria Export-Import Bank (NEXIM)

The Federal Government has commended the Nigeria Export-Import Bank (NEXIM) for enhancing its intra-African trade initiatives in readiness for the commencement of the African Continental Free Trade Agreement (AFCFTA). It Read More

FG Highlights Opportunities For Nigeria in AfCFTA

African Continental Free Trade Area (AfCFTA)

The Federal Government has said it is working to ensure that businesses in the country maximise opportunities in the African Continental Free Trade Agreement (AfCFTA). The Senior Special Assistant to Read More

Report: AfCFTA To Push Nigeria, Other Economies To $29tn

African Continental Free Trade Area (AfCFTA)

The elimination of tariff following the introduction of the African Continental Free Trade Area Agreement (AfCFTA) is expected to boost intra-African trade by 52 per cent and help Nigeria and Read More

Access Bank Targets Eight More African Countries In Expansion Drive

Access Bank

Access Bank Plc has unfolded plans to expand to eight more African countries as part of a strategy to support trade and finance in the continent and take advantage of Read More

Automobiles’ Import Levy Reduction Will Reduce FG’s Revenue, Report Warns

Policy contradicts BPE-led committee’s recommendation The Federal Government’s decision to slash import levy on cars, tractors and mass transit vehicles as stated in the Finance Act 2020, will negatively affect Read More

Analysts Project Nigerian Banks To Emerge Highest AfCTA Beneficiaries

African Continental Free Trade Area (AfCFTA)

High electricity tariff will deny Nigeria benefits, say manufacturers With the commencement of the African Continental Free Trade Area (AfCFTA) agreement on January 1, 2021, analysts and stakeholders have expressed Read More