Browsing Tag

Trade

Nigeria, South Korea seek stronger collaboration in Energy, Mining sectors


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The Speaker of Nigeria's House of Representatives, Hon. Abbas Tajudeen, has called for more partnerships with the Republic of South Korea in the areas of trade and technology. He made the call when a delegation from the South Korean…

Russia-Africa trade increases in first half of 2023


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Russian President Vladimir Putin said the trade turnover between Russia and African countries had increased by almost 35% in the first half of 2023 despite international sanctions and the fallout from the COVID-19 pandemic. Speaking at a…

South African president in Kinshasa to discuss security, trade


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South African president, Cyril Ramaphosa, met this Thursday with DRC president, Félix Tshisekedi, at the Presidential Palace in Kinshasa. The South African leader is on a two-day visit to the country to discuss security and trade.…

China-Africa Trade Biennale bears fruitful results


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The third China-Africa economic and trade expo on the theme of common development for a shared future concluded on Sunday in Changsha city, with 10.3 billion U.S. dollars’ worth of projects signed. Guided by the spirit of the 8th FOCAC…

Kenya, EU sign trade deal in Nairobi


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Kenya and the European Union signed a trade agreement on Monday at a ceremony in Nairobi, the first major deal since 2016 with an African country where Brussels is seeking to forge closer economic ties and counter Chinese appetite. Kenya…

Nigeria’s Total Trade Improves in First Quarter of 2023


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Nigeria's total merchandise trade improved slightly in Q1, 2023, as a result of a marginal increase in import and export trade, which brought about a positive trade balance, the National Bureau of Statistics (NBS) has said. This is…

Nigerian Ministry of Trade To Submit Auto Policy for Approval


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The Nigerian Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo has disclosed that the ministry will soon submit a new auto policy for Federal Executive Council approval. Addressing Senior Executive Course 45 participants of…

Association Tasks Agencies On Economic Growth


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Stakeholders in the Non-oil sector have been urged to double their efforts to promote innovative policies targeted at increasing the sectors contribution to the growth of the economy. The chairman, Commerce and Industry Correspondents…

AU Summit 2023: to boost inter-African trade through AfCFTA


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To boost intra-African trade, the continent has embarked on the gradual elimination of tariffs on 90 percent of goods, reduction of barriers to trade in services aimed at increasing Africa’s income by $450 billion by 2035. The successful…

Nigeria, Ireland to Deepen Bilateral Trade Relations in Agriculture


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The Minister of State for Industry, Trade, and Investment, Amb. Mariam Yalwaji Katagum, has said that Nigeria will continue to deepen bilateral relations with other countries, such as the Republic of Ireland, to boost trade, agriculture,…