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Lawmakers Rally Behind Nigeria Air, Flag Carriers To Deepen Stake In AfCFTA

Lawmakers Rally Behind Nigeria Air, Flag Carriers To Deepen Stake In AfCFTA   The House of Representative Committee on Aviation has rallied behind the proposed national carrier to deepen Nigeria’s stake in the African Continental Free Trade Area (AfCFTA) pact. The new chairman of the committee, Nnolim...

AfCFTA May Increase Nigeria’s Imports By 251%, Report Says

AfCFTA May Increase Nigeria’s Imports By 251%, Report Says   When the African Continental Free Trade Area agreement comes into full force, imported goods to Nigeria may jump by 251 per cent within 15 years. This, according to a research conducted by the Centre for Trade and...

AfCFTA: AU,AfDB Sign $4.8m Grant

AfCFTA: AU,AfDB Sign $4.8m Grant The African Development Bank Group has signed a $4.8m institutional support grant to the African Union for implementation of the African Continental Free Trade Area agreement. The grant, approved by the Group’s Board of Directors in April, forms part of a...

$10bn Agro Export Loss Threatens Nigeria AfCFTA Share

$10bn Agro Export Loss Threatens Nigeria AfCFTA Share   As Nigeria laments its reported annual loss of $10bn in commodity exports, stakeholders say the country may face a bleak future and lack of competitive edge in the African free trade market unless something is done to...

AfCFTA: Buhari Approves National Action Panel For Implementation

AfCFTA: Buhari Approves National Action Panel For Implementation   A national action committee to begin the implementation of the African Continental Free Trade Area Agreement has been established by President Muhammadu Buhari. Buhari had signed the controversial AfCFTA Agreement on behalf of Nigeria in Niamey, Niger Republic,...

AfCFTA Will Stimulate Egypt, Nigeria’s Economies, Ambassador Says

AfCFTA Will Stimulate Egypt, Nigeria’s Economies, Ambassador Says The Ambassador of the Arab Republic of Egypt to Nigeria, Amb. Assem Elseify, has commended President Muhammadu Buhari for signing the African Continental Free Trade Area Agreement, which he said would stimulate the economies of Egypt, Nigeria...