Nigeria Recorded N32trn Trade Last Year, By NBS The Nigerian economy recorded a total of N32trn trade in the 2018 fiscal period, figures obtained from the National Bureau of Statistics have revealed. The amount is contained in the fourth quarter foreign trade statistics report, which was...

Afreximbank Highlights Merits Of AfCTA To Intra-African Trade   The African Export-Import Bank (Afreximbank) has reiterated that the African Continental Free Trade Agreement (AfCTA) will boost intra-African trade. The Bank also said the agreement would lead to specialisation among African countries in areas they have comparative advantage. The...

Nigeria, Norway Seek Stronger Ties As Trade Hits $30bn With Nigeria being Norway’s largest trade partner on the continent, both economies have stressed the need to strengthen the bilateral ties even further.Indeed, both economies with apparently the same Gross Domestic Product (GDP) size believe that...

Under One Year, Nigeria,Others Seal Trade Deals Worth N8.9tr   The value of trade between Nigeria and some European Union (EU) member-states presently stood at 25.3 billion Euros (about N8.9tr) in 2017. The Deputy Head of Delegation, European Union (EU) to Nigeria and ECOWAS, Mr. Richard Young,...

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months   Stanbic IBTC Stockbrokers Limited maintained its lead on the stockbrokers’ performance chart as 10 firms facilitated the trading of N1.374 trillion on the Nigerian Stock Exchange (NSE) between January and September 30, 2018. Stanbic IBTC Stockbrokers had...

China Devt Bank, Afreximbank To Support Africa’s Trade Infrastructure With $500m The China Development Bank (CDB) has signed an agreement with the African Export-Import Bank (Afreximbank) to provide a $500 million facility to the latter. The facility is expected to enable the African trade finance bank...