Stakeholders call for education, standardisation to boost intra-Africa trade

By Lucy Ogalue Stakeholders at the ongoing 30th General Assembly of the African Organisation for Standardisation have called for standardisation in promoting sustainable development, innovation, and export-oriented manufacturing across Africa. The stakeholders said this on Wednesday in Abuja at the ongoing 30th General Assembly of the African Organisation for StandardisationContinue Reading

FG concludes 120-day regulatory reform initiative to boost business ease

By Lucy Ogalue The Presidential Enabling Business Environment Council (PEBEC), says it has concluded its 120-day Regulatory Reform Accelerator Action Plan, which will significantly improve Nigeria’s business environment. The Special Adviser to the President on Ease of Doing Business, Jumoke Oduwole, said the reforms concentrated on eight key indicators, includingContinue Reading

Manufacturing, commercialisation critical to driving Nigeria’s economic growth — Expert

By Lucy Ogalue An entrepreneur, Mr Innocent Ogu, says manufacturing and commercialisation are critical to driving Nigeria’s economic growth. Ogu, the President, African Legacy International, told the News Agency of Nigeria (NAN) in Abuja that his organisation was committed to fostering economic development through strategic initiatives. He said one ofContinue Reading

Trade Modernisation Project to empower 2,500 customs personnel with technical skills

By Martha Agas The Trade Modernisation Project (TMP) Ltd, will empower 2,500 personnel of the Nigeria Customs Service (NCS) with technical skills. According to Mr Ahmed Ogunshola, the General Manager of the project, this is in line with the project’s capacity building framework. Ogunshola said this in an interview withContinue Reading

Afreximbank, First Bank sign 0m facility agreement to finance clients’ needs

  By Okeoghene Akubuike   Afreximbank and First Bank of Nigeria(FBN) have signed a 200 million dollar facility agreement for financing the needs of FBN’s numerous clients. The News Agency of Nigeria (NAN) reports that the signing took place at the ongoing 31st Afreximbank Annual Meetings (AAM2024) in Nassau, TheContinue Reading

African Caribbean free trade agreement requires multi-faceted approach- Minister Uzoka-Anite

By Okeoghene Akubuike Dr Doris Uzoka-Anite, Minister of Industry, Trade, and Investment (FMITI), Nigeria, says developing the African Caribbean Free Trade Agreement will require a multi-faceted approach. Uzoka-Anite said this at a Plenary Session: “Towards An Afri-Caribbean Free Trade Agreement: The Pathway to Self-Determination” at the ongoing 31st Afreximbank AnnualContinue Reading

AGIS 2024: Stakeholders urge investment, innovative energy reforms in Africa

By Lucy Ogalue Stakeholders say technological innovation, substantial investments, and effective policy frameworks are critical to securing Africa’s sustainable energy future. The stakeholders spoke at the Africa Gas Innovation Summit (AGIS) 2024, held in Abuja on Thursday. The News Agency of Nigeria (NAN) reports that the summit’s theme is “IgnitingContinue Reading