President Bola Tinubu has returned to Nigeria after a state visit to France and Cape Town in South Africa. Special Adviser on Information and Strategy, Bayo Onanuga revealed this in a statement in the early hours of Thursday. According to the statement, President Tinubu arrived at the Nnamdi Azikiwe International Airport at around 9:10 PM…
Experts underscore role of IPRs in trade under AfCFTA By Yusuf Issa An-Nuphawi The National Coordinator of the Nigeria AfCFTA Coordination Office, Olusegun Awolowo, has called for legal protection of African creations, noting that safeguarding Intellectual Property Rights (IPRs) is critical to achieving economic growth and sustainability through the African Continental Free Trade Area (AfCFTA)….
Barbara Bako, Abuja. The Federal Government has stated that it is dedicated to forming partnerships and strategic alliances that would help it achieve its objectives and promote domestic development. This was revealed by Vice President Kashim Shettima on Wednesday during the China-Africa Development Finance Forum (CAIBA) 2024 in Abuja, which had as its theme “Coming…
By Ibn Usman Abubakar The Director of the Kano Free Trade Zone (KFTZ), Mal. Musa Muazu Sahabi, has lamented low manufacturing activities in the zone amidst increasing trade. Sahabi made the disclosure on Wednesday in Kano at the ongoing Investors/Stakeholders Forum 2024 themed “Understanding the Concept and Operations of Special Economic Zones Scheme”. He emphasized…
….Charges Nigeria to update Customs procedures. The World Trade Organization (WTO) has expressed concerns regarding the high rate of physical inspections of containers at Nigerian ports. The WTO cited these high inspection rates as a significant factor contributing to trade delays and urged the federal government to review customs procedures for more timely and cost-effective…
The Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC), Barrister Pius Akutah, on Wednesday decried the persistence of security challenges, including cargo theft and general lawlessness, at Nigerian ports. Speaking at the 2024 Annual Seminar for Maritime Journalists held in Lagos, the NSC boss, who was represented by the agency’s Director of Special Duties, Mustapha…
The Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA) has revealed that over 300 companies, both local and international, are set to showcase their products and services at the 45th International Trade Fair. The event is slated to run from November 23 to December 7, 2024. Alhaji Garba Imam, President of KACCIMA, disclosed this…
President Bola Tinubu is set to depart Abuja on Sunday for Rio de Janeiro, Brazil, to participate in the 19th G20 Leaders’ Summit. The Summit which is going to last for two days will be held from Monday, November 18 to Tuesday, November 19, 2024. “The Nigerian leader’s participation is at the instance of the…
Nigeria is pursuing a $5 billion trade facility from Saudi Arabia as part of a broader strategy to strengthen bilateral ties and support its ambitious economic reform agenda. This development comes after President Bola Tinubu met with Crown Prince Mohammed bin Salman in Riyadh, on the sidelines of the joint Arab-Islamic Summit, Bloomberg reports. The…
The Nigerian Government has confirmed its participation in the upcoming Arab-Islamic Summit in Riyadh, Saudi Arabia, highlighting close ties and regional proximity to the Middle East. Minister of Information and National Orientation, Mohammed Idris, disclosed that President Bola Tinubu will use the platform to address the ongoing Israel-Palestinian conflict, underscoring Nigeria’s call for an immediate…
