Trade

The Secretary-General of the Africa Continental Free Trade Area, Mr Wamkele Mene, has revealed that the Pan-African Payment and Settlement System (PAPSS) would save the continent the sum of $5 billion annually when operational. The…

Ondo State Governor, Oluwarotimi Akeredolu, has urged the Peoples Democratic Party (PDP) to desist from blackmailing the government, insisting that welfare of the workers in the state is non-negotiable and paramount to the administration.…

The African Development Bank (AfDB) has announced that it will spend the sum of $2 billion in the next 3 years to support infrastructural development, which will boost the African Continental Free Trade Area (AfCFTA). This was…

The World Trade Organization (WTO) is set to hold talks to contribute to improved public and policymaker understanding of the operation of global COVID-19 vaccine supply chains, the cross-border movement of vaccine inputs, and the need for…

Nigeria's President Muhammadu Buhari has directed that a Ministerial delegation be sent to Ghana to resolve the lingering conflict between Nigerian traders and Ghanaian Authorities. This is contained in a statement signed by Mr…

Nigeria’s Ministry of Industry, Trade and Investment has advised Nigerian exporters to take maximum advantage of the Africa Continental Free Trade Area (AfCFTA) Treaty and the National Quality Policy Implementation. Mr Emmanuel…

Constrained global financial conditions caused by COVID-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of last year, a new continent-wide survey on trade finance has shown. About $3.1…

The African Export-Import Bank has mobilized $1 billion for an adjustment facility to offset revenue losses for countries that lower cross-border tariffs as part of an Africa-wide free trade area, according to Wamkele Mene,…

By Cyril Okonkwo, Abuja Nigeria's Vice President, Prof. Yemi Osinbajo, has urged Nigerian businesses to be knowledgeable about the rules of the Africa Continental Free Trade Area (AfCFTA) Treaty as the organisation comes into force in…