Nigeria, Ghana Collaborate to Wrestle insecurity in Gulf of Guinea
At the behest of the governments of Nigeria and Ghana, the navies of both countries have met to forge measures to tackle heightening insecurity and enforce their respective territorial integrity in the Gulf of Guinea.
The...
NAICOM, Transportation Ministry Synergise to Insure Transport Owners and Users
The National Insurance Commission, NAICOM and the Federal Ministry of Transportation is to collaborate to ensure provision of adequate insurance for road transport owners and users within Nigeria and ECOWAS member countries.
To this end, the...
Trade Deficit Increases To $2.51bn After Border Reopening
Nigeria’s exports declined while imports increased in January despite the opening of the land borders.
Nigeria’s trade deficit rose from $1.69bn in December 2020 to $2.51bn as of the end of January 2021 despite the reopening of the...
Rice, Flour, Sugar, Cement Top Free Trade Exemption List
Despite Nigeria’s comparative advantage and self-sufficiency status in the production of certain products, cement, flour, rice, sugar and 180 other products would not be liberalised under the African Continental Free Trade Area (AfCFTA), even though doing...
Fed Govt Moves For Full Implementation Of ECOWAS Brown Card
The Federal Government has moved for the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the ECOWAS member states.
The Minister of Finance, Budget and...
Minister Asks Nigerians To Explore $3.4trn AfCFTA Economy
The Federal Government on Wednesday called on Nigerians, particularly industrialists, to take advantage of the inherent opportunities in the $3.4tn economy of African Continental Free Trade Agreement to promote made-in-Nigeria goods.
Minister of Industry, Trade and Investment, Adeniyi...
