Nigeria to Maximize AfCFTA benefits through fintech, infrastructure investment By Yusuf Issa An-Nuphawi Nigeria’s National Coordinator for the African Continental Free Trade Area (AfCFTA) Coordination Office, Olusegun Awolowo, has declared Nigeria’s commitment to harnessing the full potential of the agreement by boosting strategic investments in fintech and infrastructure. Speaking at the Aquarian Consult…
Olutayo echoes role of implementation in advancing regional trade By Yusuf Issa An-Nuphawi International trade policy and law expert Olusegun Olutayo has underscored the decisive role of implementation in driving the success of regional trade agreements, particularly the African Continental Free Trade Area (AfCFTA). Olusegun Olutayo, Senior Trade Expert and Lead at the Nigeria AfCFTA…
The Nigerian Government has signed a cooperation agreement with Saudi Arabia’s Halal Products Development Company (HPDC) to establish Nigeria as a leading player in the global halal market valued at $7.7 trillion.… The agreement, according to a statement from the Presidency on Thursday, will facilitate investment, technical cooperation, and market access across key sectors, including…
Flutterwave has the Federal Government’s support towards listing on the Nigerian Exchange, a statement from the Presidency said on Sunday… According to the statement, the request followed the assurance of President Tinubu, pledging that his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans. He said…
As African leaders converge on Addis Ababa for the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government, Nigeria is playing a key role in shaping the continent’s economic agenda… The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has joined President Bola…
Barbara Bako, Abuja. Nigeria is poised to lead Africa’s economic growth as it officially secures the hosting rights for the 2025 AFREXIMBank Annual Meetings (AAM2025) in Abuja, strengthening its position in regional trade and development. The signing ceremony took place today at the Federal Ministry of Finance Headquarters Auditorium Abuja, with the Honourable Minister of…
New 10 per cent tariffs imposed by the administration of U.S. President Donald Trump on all Chinese imports took effect on Tuesday… China has lodged a complaint with the World Trade Organisation (WTO) over the new tariffs the United States imposed on goods from China. “China has requested WTO dispute consultations with the U.S. in…
BUA Foods Plc has announced its full year 2024 unaudited financial results, recording a revenue of N1.5 trillion, representing 109.3% increase against the previous year’s N729.4 billion… Also, Gross Profit grew by 107.9% to N541.71 billion from N260.5 billion in 2023, while Profit After Tax rose by 145.3% to N274.95 billion. In addition, Earnings Per…
The Federal Government says plans are ongoing to increase electricity tariffs “over the next few months”… It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa Heads of…
Nigeria’s first AfCFTA consignment arrives at Kenyan Port In a historic moment for Africa’s trade landscape, the first shipment from Nigeria under the African Continental Free Trade Area (AfCFTA) has successfully arrived at the Mombasa Port in Kenya. With reference to the Decision of the AU Assembly at its 31st Ordinary Session of the Assembly, the Nigeria AfCFTA Coordination…
