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Banks not doing enough for SMEs – Odude, President, BCI

Banks not doing enough for SMEs – Odude, President, BCI

“Where government generates most of its income from taxes, the attitude of government will be to encourage enterprises and SMEs at every level.” Bimbola Oyesola Full participation of Nigeria in the African Continental Free Trade Agreement (AfCFTA) has been a major issue where manufacturers have vehemently warned that it would turn Nigeria into a dumping […]
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AfCFTA: African firms to access 1.2bn markets

AfCFTA: African firms to access 1.2bn markets

Uche Usim, Casablanca The need for all African nations to come onboard to sign and ratify the African Continental Free Trade Agreement (AfCFTA) was reiterated on Thursday as the African Export-Import Bank (Afreximbank) said the deal would allow African firms access into over 1.2 billion strong markets and a growing middle class available within the […]
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Nigeria to host Africa Trade Forum 2018 — ECA

Nigeria to host Africa Trade Forum 2018 — ECA

NAN The United Nations Economic Commission for Africa (ECA), on Wednesday said Nigeria is set to host the Africa Trade Forum 2018. The communication section of the commission said this in a statement posted on its website, adding that the forum would hold between November 2 and November 3 in Lagos. It also said that […]
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Buhari inaugurates committee to assess AfCFTA risks

PRESIDENT Muhammadu Buhari on Monday inaugurated the Africa Continental Free Trade Area (AfCFTA), Impact and Readiness Assessment Committee charged with the responsibility of addressing the issues raised during the nationwide stakeholder consultations on the agreement. […]
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Nigeria, Ghana urged to lead industrial revolution in Africa

Nigeria, Ghana urged to lead industrial revolution in Africa

Bimbola Oyesola Declaring that unemployment is the number one problem confronting the continent, President of Ghana, Addo Akufo-Addo, has called for collaboration between Nigeria and Ghana to lead industrial revolution on the continent. He said the biggest challenge as inhabitants has been the inability to transform the abundant natural resources into opportunities for creation of […]
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Abuja chamber president urges FG to sign AfCTA

Abuja chamber president urges FG to sign AfCTA

Ifeanyi Onuba, Abuja The President, Abuja Chamber of Commerce and Industry, Adetokunbo Kayode, has urged the Federal Government to sign the African Continental Free Trade Agreement in order for Nigeria to maximise the economic benefits of the initiative. Kayode said this when he led the executive members of the chamber on a retreat in Akure, […] …

AfCFTA: Study shows Nigeria may be major loser

AfCFTA: Study shows Nigeria may be major loser

Anna Okon A professor of Economics at the University of Ibadan and the Chairman, Centre for Trade and Development Initiatives, Bodija, Ibadan, Ademola Oyejide, has conducted a study on an analytical comparison between two major countries in Africa yet to sign the African Continental Free Trade Area Agreement – Nigeria and South Africa – and […] …

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