FG Ratifies Nigeria’s AfCFTA Membership, N62.7bn For Kano-Katsina Road         The Federal Government on Wednesday ratified Nigeria’s membership of the African Continental Free Trade Area. The decision was taken at the weekly meeting of the Federal Executive Council presided over by President Muhammadu Buhari. The Minister of Information...

Nigeria’s Export To Rise By 8% With AfCFTA — Fed Govt       The African Continental Free Trade Area (AfCFTA) pact would cause 8.18 per cent rise in Nigeria’s exports across Africa. Speaking at a training for staff of the Investment Promotion Department of the Ministry of Industry,...

AfCFTA To Expand Nigeria’s Non-oil Exports – Fed Govt       The African Continental Free Trade Area is one major solution for the expansion of non-oil exports from Nigeria to foreign lands, the Federal Government stated on Sunday. Special Assistant to the President on Public Matters, who doubles...

AfDB Grants $5m To AU For AfCFTA Permanent Secretariat       The African Development Bank Group (AfDB), said it provided a $5 million institutional support grant to the African Union (AU), to establish the African Continental Free Trade Area (AfCFTA) Secretariat, in Accra, Ghana. The Bank’s Vice-President, Private...

Nigeria, Others Suspend $3.4trn Continental Deal Amid Pandemic     The implementation of the African Continental Free Trade Agreement (AfCFTA), suffered yet another blow, with the announcement of its suspension, as African countries struggle to deal with the impact of the coronavirus pandemic. With borders closed and supply...

AfCFTA: Nigeria Can Generate $537bn Annually From Exports – DBN   Managing Director, Development Bank of Nigeria (DBN), Tony Okpanachi has projected that the soon-to-be-implemented Africa Continental Free Trade Area (AfCFTA) holds great economic development potential for Nigeria. Okpanachi believes that regional integration through trade would propel...