ICSAN targets N3.5bn national secretariat, seeks govt., private sector support

  By Rukayat Moisemhe The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has called for the support of government and private sector players in the building of its N3.5 billion national secretariat in Lagos.   Mr Francis Olawale, Honorary Treasurer, ICSAN, made the call during a news conferenceContinue Reading

NPA establishes Export Process Terminal to simplify Nigerian goods exportation

By Ifeoma Aka The Nigerian Ports Authority (NPA) says it has established the Export Process Terminal (EPTs) to simplify the process of exporting Nigerian goods. The Principal Manager Tariff and Billing, Mr Asuquo Okon, made the disclosure during the NPA’s special day at the ongoing Enugu International Trade Fair inContinue Reading

Tinubu commissions Afreximbank African Trade Centre Abuja

By Okeoghene Akubuike President Bola Tinubu has commissioned the Afreximbank African Trade Centre (AATC) in Abuja, calling for more commitment to build a stronger, more interconnected and prosperous Africa. The President, represented by Sen. George Akume, Secretary to the Government of the Federation, said to achieve this, new trade corridorsContinue Reading

CBN announces economic resurgence declares, .83bn balance of payments surplus

By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of 6.83 billion dollars for the 2024 financial year. According to Hakama Sidi-Ali, CBN’s Director, Corporate Communications Department, this marks a decisive turnaround from deficits of 3.34 billion dollars in 2023 and 3.32Continue Reading

Afreximbank to establish trade centres in Africa’s commercial capitals

By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) is setting up trade centres in several major commercial capitals across Africa and the Caribbean as part of its efforts to boost intra-African trade. Dr Robert Tomusange, Director and Global Head of Real Estate and Administration for Anglophone West Africa at Afreximbank,Continue Reading

Proactive risk management key to Nigeria’s development- NAICOM

        By Taiye Olayemi   National Insurance Commission (NAICOM) has called for a proactive, data-driven, and forward-looking risk management approach to boost national development.   Mr. Olusegun Omosehin, Commissioner for Insurance, made the call during the Risk Managers Society of Nigeria’s (RIMSON) 40th-anniversary celebrations in Wednesday inContinue Reading

Inadequate digital infrastructure impeding customs operations in Africa – C-G

By Martha Agas The Comptroller-General (C-G) of the Nigeria Customs Service (NCS), Adewale Adeniyi, has identified inadequate digital infrastructure as one of the several technical challenges impeding customs operations across West and Central Africa (WCA). Adeniyi made the disclosure at the opening of the fourth World Customs Organisation (WCO) DonorsContinue Reading