Tag: #AfCFTA
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NIGERIA URGES ECOWAS LAWMAKERS TO FAST-TRACK AfCFTA LAWS FOR REGIONAL TRADE BOOST
With Africa’s $3.4 trillion free trade market now active, Nigeria is pushing ECOWAS lawmakers to enact strong laws that will unlock massive trade, investment, and job opportunities across West Africa. Nigeria has called on parliamentarians in the Economic Community of West African States (ECOWAS) to accelerate legislation that will drive the full implementation of the…
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NIGERIA MUST REFORM AIR CARGO TO MAXIMISE AfCFTA GAINS – SEREC
Experts warn fragmented air cargo policies could cost Nigeria its competitive edge under Africa’s free trade pact. The Sea Empowerment Research Centre (SEREC) says Nigeria’s air cargo system must be overhauled to boost AfCFTA trade, national competitiveness, and economic growth. In a policy brief, Dr. Eugene Nweke highlighted that air cargo is vital for high-value,…
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FG SWEARS IN SON BOARD TO BOOST INDUSTRIAL GROWTH
New leadership tasked with raising product standards, driving industrialisation and attracting investment. The Federal Government has inaugurated the governing board of the Standards Organisation of Nigeria (SON), signaling a renewed push to strengthen industrial growth and make Nigeria more attractive to investors. In Abuja, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said…
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AFRICA’S 180TCF GAS STUCK AS RULES, MARKETS FAIL TO ALIGN — NUPRC
The gas is there, the demand is real — but broken policies and fragmented markets are keeping Africa’s energy wealth underground. More than 180 trillion cubic feet of discovered natural gas across Africa remains untapped because of unaligned fiscal rules, inconsistent regulations and fragmented markets, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned. Speaking…
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NIGERIA, UAE SEAL BIG TRADE DEAL TO OPEN MARKETS AND CREATE JOBS
Big news for Nigerian exporters and investors — a new door has just been flung wide open 🇳🇬🤝🇦🇪 Nigeria and the United Arab Emirates (UAE) have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting trade, attracting investment, and giving Nigerian businesses easier access to international markets. The development was confirmed in a statement…
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NIGERIA’S $60B LOGISTICS GOLDMINE: TIME TO UNLOCK JOBS & WEALTH
Leaders and policymakers at the CLMI International Conference in Lagos slammed the brakes on Nigeria’s sleepy logistics sector—worth N3.5 trillion ($60B)—urging the Federal Government to supercharge it for massive job creation and economic firepower. Prof. Simon Emeje, CLMI Chairman, spotlighted its power to fund half the national budget if regulated right, blasting collapsed firms from…
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NIGERIA AND SOUTH AFRICA JOIN FORCES TO CHAMPION AFRICA’S VOICE AT G20 SUMMIT
The United Nations Development Programme (UNDP) has praised the close cooperation between Nigeria and South Africa for establishing a powerful platform that ensures African priorities are effectively represented in global decision-making. Varsha Redkar-Palepu, UNDP Deputy Resident Representative – Programme, made these comments during the G20-Africa outreach meeting on industrialisation and agriculture held in Abuja. The…
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AFRICA MUST MOVE BEYOND TRANSACTIONAL LEADERSHIP TO UNLOCK TRUE DEVELOPMENT, SAYS MINISTER NYESOM WIKE
Minister of the Federal Capital Territory, Nyesom Wike, stressed that Africa’s persistent underdevelopment is rooted in “transactional leadership”—leadership driven by personal gain rather than national progress. Speaking at the 2025 Innovate Africa Conference in Abuja, Wike urged a shift toward transformational leadership based on vision, accountability, service, and courage. He highlighted Africa’s wealth and youthful…
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OGUN STATE PROMOTES ITSELF AS AFRICA’S GATEWAY AT AfCFTA TRADE FAIR
Governor Abiodun spotlights bold reforms and infrastructure to attract investors and boost intra-African trade. At IATF25 in Algiers, Ogun State Governor Dapo Abiodun positioned the state as Nigeria’s top investment hub, highlighting projects like Gateway Cargo Airport, upgraded ports, roads, and industrial clusters. Simplified processes via OgunInvest and strategic location near Lagos ports and ECOWAS…
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LAGOS TO HOST 2027 INTRA-AFRICAN TRADE FAIR, BOOSTING AFRICA’S ECONOMIC FUTURE
Governor Sanwo-Olu hails historic nomination as Lagos prepares to lead continental trade integration. Lagos State has been chosen as Nigeria’s host city for the 2027 Intra-African Trade Fair (IATF), a milestone celebrated by Governor Babajide Sanwo-Olu as recognition of Lagos’ role as Africa’s commercial hub. The event, backed by Afreximbank, African Union, and AfCFTA, is…
