ECOWAS Finance Ministers, Central Bank Governors Convene to Mull Over Single Currency Finance Ministers and Central Bank Governors from across the Economic Community of West African States (ECOWAS) convened in Abuja to tackle the possibility of launching the single currency, the ECO. This initiative, envisioned to...

EU to Invest €150bn in transport Infrastructure to Boost Intra-African trade The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a special focus on the Lagos- Abidjan corridor. According to the EU Commission, the...

Nigeria Exports N58.65b Electricity in Q1 2024 In the First Quarter 2024 Q1, Nigeria exported N58.65 billion electrical energy to African countries. The National Bureau of Statistics (NBS) made this known in its document titled: “Foreign Trade in Goods Statistics (Q1 2024).” A section of the report...

Nigeria’s Trade Surplus Hits N6.52 trillion in Q1 2024 Nigeria’s foreign trade statistics report for the first quarter of 2024 reveals a significant trade surplus of N6.52 trillion. This is a significant recovery from the N1.41 trillion trade deficit recorded in the previous quarter (Q4 2023)...

Arewa Economic Forum Commends Tinubu, ECOWAS for Lifting Sanctions on Niger, Others The Arewa Economic Forum (AEF) has commended President Bola Ahmed Tinubu for his role in the lifting of economic sanctions against Niger and other countries by the Economic Community of West African States...

Arewa Economic Forum Commends Tinubu, ECOWAS for Lifting Sanctions on Niger, Others The Arewa Economic Forum (AEF) has commended President Bola Ahmed Tinubu for his role in the lifting of economic sanctions against Niger and other countries by the Economic Community of West African States...