Nigerian airlines are currently missing out on a major opportunity to earn revenue from the international air travel market, which is estimated to be worth over N8 trillion. The main …
Trade and Commerce
- AviationBusinessBusiness InsightsBusiness PoliciesEconomyGOVERNMENTInfrastructureInternational RelationsINVESTMENTNigeriaPoliciesTrade and CommerceTransportation & Logisitics
- BusinessDevelopmentEconomyGOVERNMENTInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
UK Government Praises Tinubu’s Reforms, Says Nigeria Now Attracting More British Investors
The United Kingdom has expressed strong support for Nigeria’s economic direction under President Bola Ahmed Tinubu, saying that the reforms introduced by his government are building investor confidence and positioning …
- EconomyFinance & ServicesGOVERNMENTInternational RelationsPoliciesSouth AfricaTrade and Commerce
South African Rand Gains Slightly as Ramaphosa Confirms Meeting with U.S. President
The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …
- AfricaBusiness InsightsBusiness PoliciesEconomyGOVERNMENTINVESTMENTKenyaLabourManufacturingTrade and Commerce
Kenya Earns KSh 60.6 Billion from Apparel Exports to US under AGOA in 2024
Kenya earned KSh 60.6 billion from apparel exports to the United States in 2024 under the Africa Growth and Opportunity Act (AGOA), representing a 19.2% increase from KSh 50.8 billion …
- BusinessBusiness InsightsEconomyInternational RelationsNigeriaTrade and CommerceWestern Africa
Customs Agents Kick as French Shipping Firm CMA/CGM Imposes $100 Surcharge on Nigeria-Bound Cargoes
Licensed customs agents in Nigeria have raised serious concerns following the introduction of a $100 Peak Season Surcharge by French shipping giant CMA/CGM on all twenty-foot equivalent unit (TEU) containers …
- Banking, Finance & InvestmentEconomyInternational RelationsMarketsPoliciesTrade and Commerce
CBN Tightens Forex Rules as Naira Faces Pressure, Speculators Struggle
The Central Bank of Nigeria (CBN) is now taking tougher actions in the foreign exchange market, aiming to stop speculators and bring more stability to the naira. These fresh efforts …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and CommerceWestern Africa
Rand Merchant Bank Supports Tinubu’s Reforms, Predicts Stronger West African Trade
Rand Merchant Bank Nigeria has thrown its weight behind the economic reforms of President Bola Ahmed Tinubu, saying the policies are vital to driving trade and investment growth across West …
- AfricaArts & CultureBanking, Finance & InvestmentCentral AfricaDevelopmentEconomyEntertainmentINVESTMENTTrade and Commerce
Afreximbank Launches $1 Billion Africa Film Fund to Boost Creative Industry
The African Export-Import Bank (Afreximbank) has launched a $1 billion Africa Film Fund to support the continent’s fast-growing but underfunded creative industry. The new initiative, part of Afreximbank’s Creative Africa …
- AgribusinessAgricultureBusiness InsightsBusiness PoliciesEconomyInfrastructureInternational RelationsPoliciesSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War After Retaliation Threats and Regional Pressure
Tanzania and Malawi have finally agreed to end their trade dispute following weeks of escalating tensions and reciprocal import restrictions. The two countries, joined by South Africa which was also …
- AgricultureBusinessEastern AfricaEconomyGOVERNMENTInternational RelationsMALAWINewsSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War, Agree to Lift Restrictions and Implement Regional Trade Deal
Tanzania and Malawi have officially ended their trade dispute, agreeing to lift restrictions that had affected the movement of goods between both countries. After holding bilateral talks, the two nations …