Freight Forwarders Seek Reopening Of Borders       Freight forwarders under the aegis of the Association of Nigerian Licensed Customs Agents have tasked the Federal Government to re-open the border in order to benefit from the African Continental Free Trade Area Nigeria had closed all its land borders,...

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...