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Nigeria


Nigeria not ready for AfCFTA trade implementation
Chief Executive Officer of Ocean & Cargo, Aare Jide Taiwo, has said Nigeria is not ready for AfCFTA implementation. He was speaking on issues bedeviling the country’s maritime industry, in an interview with TOLA ADENUBI of Nigerian Tribune.
African countries desire Nigeria to be dumping ground for their goods – Perm. Sec
The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Evelyn Ngige, has stated that all African countries signatory to the Continental Free Trade Area (AfCFTA) desire to make Nigeria a dumping ground for their goods.
CSOs warn Nigeria against acceding to the Energy Charter Treaty
Signing the ECT would give the transnational companies in the energy sector a weapon to re-colonise Nigeria, as it would also be incompatible with Nigeria’s economic diversification aspirations.
ISDS in Nigeria: Investment regime reforms and the threats of joining the ECT
This report sheds light on Nigeria’s investment protection regime and its consequences for one of Africa’s biggest countries.
Nigeria to commence AfCFTA participation in Q4 – Committee
It will be recalled that the AfCFTA agreement has been tipped to create the largest free trade area in the world measured by the number of countries participating.
Nigeria unprepared for African free trade –Experts
Three years after signing the African Continental Free Trade Area, Nigeria appears unprepared to compete in the trade regime...
Supply chain analysis of AfCFTA
An African supply chain that makes it difficult to move goods by water from Cameroon to Nigeria but easy to move goods from Cameroon to China and other countries is a threat to the regional integration plan.
AfCFTA: Inconclusive rules of origin, trade in services delay commencement –NAC
The NAC scribe said it has been acknowledged that the gains from AfCFTA will only materialise through comprehensive and sustainable implementation focused on outcomes,...
Nigeria eyes global energy charter for investments
Nigeria is targeting to be part of the International Energy Charter (IEC), a global community that will enable it to attract Foreign Direct Investments (FDI) to accelerate power sector development.
AfCFTA suffers setback as Benin Republic slams CFA9m on Nigeria-bound transit cargoes
The agreement was brokered by the African Union (AU) and was signed by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. The only country still not to sign the agreement is Eritrea, which has a largely closed economy.
Buhari woos Spanish investors with ‘tax-free environment’, free trade zone
Spain has been a major importer of Nigerian crude oil, and Nigeria’s exports to Spain stood at $4.8billion in 2020 whilst Spain’s exports to Nigeria increased from $97.2 million in 1995 to $517million in 2020
AfCFTA: Insecurity, infrastructure deficiency threaten regional trade –WACTAF
Insecurity and infrastructure deficiencies are threats to the Africa Continental Free Trade Agreement, says West African food association
AfCFTA: Cross-border service integration will boost African oil and gas industry, says Briggs
Chief Dumo Lulu Briggs, Chairman of Platform Petroleum Limited, has admonished that cross-border service integration through the implementation of the African Continental Free Trade Area (AfCFTA) will boost the African oil and gas industry.
Taiwan electronics sector looking for business opportunities in Nigeria
Taiwan hopes to update 1994 investment agreement.
AIO seeks insurance sector’s integration into AfCFTA
The President of African Insurance Organization, Mr Tope Smart, has said the organisation is examining how the insurance sector can best integrate into the African Continental Free Trade Area.
Africa: Dangote Group calls for ports’ reforms to enhance AfCFTA
The Commercial Operations Officer, Dangote Group, yesterday called for the reform at ports in Africa as well as the ease of regulations and bureaucracy, in order to realise benefits of the African Continental Free Trade Area agreement.
Africa’s economic trade-off
Africa’s new free trade area could transform the continent’s economy. But without strong social protections, it may result in more precarious work.
How Nigerian brands can win in Africa, against all odds
Insights on how local Nigerian brands can become regional and pan African giants by leveraging opportunities that AFCFTA provides. The role of government and private sector investors in this drive.
Algeria-Morocco rift another blow to Africa’s free trade aspirations
Algerian Foreign Affairs Minister Ramtane Lamamra’s announcement on 24 August of a new break in diplomatic relations with Morocco is another setback for free trade and free movement on the continent.
AfCFTA: Nasarawa marks 270,000 hectres for commercial agriculture
The Nasarawa State government has announced that it has marked over 270,000 hectres of land for the purpose of purely commercial agriculture to earn foreign exchange for the state through the Africa Continental Free Trade Area (AfCFTA).