Afreximbank: Russia-Africa Trade His $20bn
Trade between Africa and Russia has doubled to about $20bn as against $10bn in the past three years, the Africa Export Import Bank (Afreximbank), has said.
Afreximbank’s Director and Global Head of Communications and Events Management, Obi Emekekwu, quoted the bank’s...
DFI’s Facilitation Drives Trade Volume Between Africa, Russia To $20bn
Trade between Africa and Russia has doubled in the years since the African Export-Import Bank (Afreximbank), started engaging with the Russian Export Centre, to promote trade between the two countries, Bank President Prof. Benedict Oramah,...
CBN, China Expand Trade With CNY1.18bn
A total of CNY1.18bn had been auctioned in the market as of the end of June 2019 since the Central Bank of Nigeria signed a Bilateral Currency Swap Agreement with the People’s Bank of China in April 2018.
A total...
Nigeria, China’s Bilateral Trade Now $8.6bn
Nigeria and China recorded $8.6bn bilateral trade between January and June 2019.
There had also been an increase in the projects undertaken by China in the country.
The Consul General, Chu Maoming, said this in his speech at the reception to...
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...
