Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
AFCFTA
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AgricultureEconomyManufacturingPoliciesTrade and Commerce
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BusinessEconomyTrade and CommerceTransportation & Logisitics
Nigerian Ports, Shippers’ Council Call for Better Public-Private Efforts to Fix Port Problems
The Nigerian Shippers’ Council (NSC) and the Nigerian Ports Authority (NPA) have again raised concerns over the poor state of the country’s seaports. They are now calling for stronger cooperation …
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Small and Medium Enterprises (SMEs) across Nigeria are raising fresh concerns over their inability to restock goods in malls and retail outlets, pointing to regulatory hurdles, inflation, access to credit, …
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BusinessEconomyFinance & ServicesGOVERNMENT
Afreximbank Invests Over $50bn in Nigeria in 10 Years, Opens Trade Centre in Abuja
Afreximbank has pumped over $50 billion into Nigeria’s economy in the last ten years. The bank said the money was spread across major sectors like energy, manufacturing, healthcare, transport, infrastructure, …
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BusinessEconomyInternational RelationsPoliticsTrade and Commerce
Trade Among Yourselves to Survive Trump’s Tariff, Ecobank Boss Advises Nigeria
The Chief Executive Officer of Ecobank Transnational Inc., Mr. Jeremy Awori, has called on Nigeria and other African countries to increase trade among themselves in order to reduce the possible …
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AfricaBusiness and EconomyLesothoTrade and Commerce
Lesotho’s Textile Industry Under Threat as U.S. Slams 50% Tariff
Thousands of jobs in Lesotho’s textile industry may be at risk following the new 50% tariff imposed by the United States under the leadership of President Donald Trump. The small …
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The Nigerian government, in a bid to boost trade with South East Asia and maximize the African Continental Free Trade Area (AfCFTA) agreement, has announced plans to make $336 billion …
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Banking, Finance & InvestmentBusinessEconomyMoroccoNorth Africa
Standard Bank Plans to expand into Morocco and North Africa
Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt. Africa’s largest lender by assets plans to enter the continent’s biggest economies to …
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The Kenya Association of Manufacturers (KAM) has urged the government to put in place measures that will enable the country to enjoy full benefits from Africa Continental Free Trade Area …
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BusinessEconomyGlobal NewsINVESTMENT
Government To Implement AfCFTA Strategy To Boost Country’s Trade
The government has embarked on a sensitization campaign countrywide to create awareness amongst the business community on the opportunities offered by the African Continental Free-Trade (AfCFTA) and how to exploit …