Business Hilights

Tracking Nigeria's Headline Business News Online

African Continental Free Trade Area (AfCFTA) Agreement

Inflationary trend may force FG to open borders sooner than planned

Following its admittance that the border closure regime is responsible for the observed hyper inflationary trend currently rocking the fragile economy, indications are rife that the Federal Government may be left with no other option than to fast track diplomatic…

Banks’ with continental outlooks to gain more from AfCFTA—Soludo

As African economies brace up to structural adjustments to situate the emergence of African Continental Free Trade Area (AfCFTA) agreement, former Governor of the Central Bank of Nigeria (CBN), Prof Chukwuma Soludo, has urged Nigerian banks to adjust to developments…

NCC AfCFTA
ICT

NCC committed to sensitizing stakeholders on AfCFTA Agreement—Danbatta

The Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof Umar Danbatta, has restated the commitment of the agency in ensuring synergy through strategic collaboration with relevant stakeholders in sensitizing industry stakeholders on the implications of the African Continental Free…

Danger: AfCFTA to make Nigeria Africa’s major export target—UI Report

Report of a new research commissioned by the Manufacturers Association of Nigeria (MAN) and conducted by the Centre for Trade and Development Initiatives (CTDI), University of Ibadan, has been released. According to the report, the current harsh production environment in…

Nigeria, S’Africa, Egypt adamant as AfCFTA on shaky takeoff

Five days after the provisional takeoff of the African Continental Free Trade Area (AfCFTA) agreement came into effect on Thursday, May 30, 2019, nothing much had been observed in terms of trade traffic or deals. Preliminary understanding was that the…

NACCIMA seeks single window payment system, review of MPR to attract FDIs

To deepen trade facilitation, the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has listed three conditions government must meet to grow foreign direct investments in Nigeria. The Chamber listed ratification and domestication of…