The Federal and the Lagos State governments could earn over $4.5 billion annually or $201 billion in 45 years from the Lekki Deep Sea. Minister of Information and Culture, Alhaji Lai Mohammed, said the port would...
The national action committee on the African Continental Free Trade Area (AfCFTA) says it has commenced the development of policies in collaboration with relevant export agencies for the free flow of trade in Nigeria. Ogo Chukwura,...
The Federal Government of Nigeria has warned Nigeria’s largest container terminal, APM terminals and others to adhere to its freight forwarders’ directive on the collection of practitioners operating fee (POF). Speaking at a meeting between the...
Adeyemi Dipeolu and Oyebanji Oyelaran-Oyeyinka have been appointed among the 14-member trade and industrial development advisory council of the African Continental Free Trade Area (AfCFTA). AfCFTA secretariat disclosed this in a recent statement announcing the inauguration...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the pan-African payment and settlement system (PAPSS) will simplify cross-border transactions and reduce third currencies for intra-African trade. The third currencies include dollars, pounds...
President Muhammadu Buhari returned to Abuja on Sunday after participating in the Dubai EXPO 2020, held in the United Arab Emirates. The News Agency of Nigeria (NAN) reports that in Dubai the president attended Nigeria Day...
President Muhammadu Buhari has declared that Nigeria remains the most viable and attractive investment destination in Africa, adding that the country is on the path of becoming the continent’s leading industrial and trading nation. Addressing a...
The Minister of Transportation, Rotimi Amaechi has said Nigeria is building massive transportation infrastructure across the country to key into the benefits of the African Intercontinental Free Trade Area (AfCFTA) trillions of dollars market. He said...
FirstBank Nigeria Limited, has announced the convening of a non-oil export webinar series to discuss opportunities that will enhance Nigeria’s drive towards diversifying her economy to reduce the reliance on oil. The first series of the...
President Muhammadu Buhari says the African Continental Free Trade Area (AfCFTA) can provide the opportunity for a significant increase in trade among African countries by 2030. Buhari spoke on Monday in his address at the opening...