Browsing Tag
AfCFTA
7 posts
Nigeria Faces Potential Loss of African Market Share Due to Manufacturing Expenses
Kamar Bakrin of the National Sugar Development Council warns that high operational costs threaten Nigeria's industrial competitiveness within the African trade market.
House of Representatives Advances 13 Commercial Bills to Bolster Trade and Digital Economy
The House of Representatives has launched a public hearing on 13 bills, including the AfCFTA Domestication Bill, aimed at modernizing Nigeria's commercial laws and boosting its digital economy.
Justice Kekere-Ekun Advocates for ADR to Bolster African Business Stability
Chief Justice Kudirat Kekere-Ekun has called on African judicial leaders to adopt Alternative Dispute Resolution to ensure commercial stability and support the success of the AfCFTA.
Nigeria Customs and Afreximbank strengthen collaboration to enhance continental trade
The Nigeria Customs Service and Afreximbank have pledged to strengthen their cooperation to facilitate smoother cross-border trade and support the African Continental Free Trade Area.
Nigeria Sees 21 Percent Growth in Intra-African Trade to $9.02 Billion in 2025
Nigeria's intra-African trade reached $9.02 billion in 2025, marking a 21 percent increase supported by the AfCFTA framework and improved logistical corridors.
NESG: Export Diversion Undermines Nigeria’s N7.55 Trillion Trade Surplus
The NESG warns that Nigeria is losing significant economic value as exporters bypass local ports and certification systems in favor of neighboring countries, despite a record trade surplus.
Oyo State Governor Requests Teachers End Strike, Commits N8.7 Billion to Educational Resources
Governor Seyi Makinde has called on teachers to end their strike while announcing an N8.7 billion investment in educational materials and a significant increase in the 2026 state budget.