The Badagry Chambers of Commerce, Industry, Mines and Agriculture (BACCIMA) says the reopening of four land borders in parts of the country will boost trade between Nigeria and her neighbours and help the economy to grow. Mr Opeyemi Oke, the Director-General, BACCIMA, said this in an interview with the News Agency of Nigeria (NAN) on Read More…
Dr Ken Ukaoha, a trade and economic development advocate, has urged ECOWAS to ensure that trade and border related laws and policies within West Africa are implemented dutifully.. He made the call on Saturday in Abuja while reacting to the reopening of four land borders by the Federal Government on Wednesday. Nigeria shut its land Read More…
There was jubilation in Seme, near Badagry, Lagos State, on Wednesday as Federal Government ordered the reopening of four land borders across the country. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, announced the immediate reopening of four land borders after the Federal Executive Council meeting held virtually in Abuja on Wednesday. Read More…
Turnout of visitors at the 2020 edition of the Lagos International Trade Fair (LITF) improved on Thursday as it entered its seventh day. the News Agency of Nigeria (NAN) reports. Exhibitors at the Tafawa Balewa Square venue attributed the development to the rush-hour syndrome as the 10-day event begins to draw to a close. Mrs Read More…
President Muhammadu Buhari on Friday declared the 2020 edition of the Lagos International Trade Fair open, reiterating the Federal Government’s commitment to revamping Nigeria’s Industrial Revolution Plan (NIRP). The trade fair, which is being promoted by the Lagos Chamber of Commerce and Industry (LCCI), will be on till Dec. 13. The fair, the 34th edition, Read More…
Customs officials from around Africa have supported the adoption of continental guidelines to facilitate the free flow of cross-border trade amid the COVID-19 pandemic, the UN Economic Commission for Africa said on Saturday. The decision was taken ahead of the start of trading under the African Continental Free Trade Area (AfCFTA) on 1 January, 2021. Read More…
Nigeria is ready to reopen its land borders to trade for the first time in more than a year after closing them to try to stamp out smuggling, the finance minister said on Wednesday. Finance Minister Zainab Ahmed said those involved had learned from the closure and worked together on joint border patrols. “We will Read More…
Mr Adeniyi Adebayo, Minister of Industry, Trade and Investment, says the Federal Executive Council’s approval of ratification of African Continental Free Trade Area (AfCFTA) agreement demonstrates, globally, Nigeria’s economic leadership position on the continent. FEC on Wednesday approved the ratification of the AfCFTA agreement which Nigeria signed on July 7, 2019, in Niamey during the Read More…
Nigeria is reaching out to the United States and South Korea to persuade them to back its pick to head the World Trade Organization, the trade ministry said on Friday, after the candidate’s last-minute rejection threw the selection process into confusion. The United States on Wednesday voiced its opposition to former Nigerian Finance Minister Ngozi Read More…
The Lagos Chamber of Commerce and Industry (LCCI) says that it has rescheduled the 2020 edition of the Lagos International Trade Fair. Dr Muda Yusuf, Director-General of LCCI, said that the fair which was scheduled to hold from Nov.5 to Nov. 15, 2020 has been rescheduled for between Dec. 4 to Dec. 13, 2020 at Read More…