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Nigeria accounts for 20% of India’s trade in Africa 

Nigeria accounts for 20% of India’s trade in Africa 

The High Commissioner of India to Nigeria, Abhay Thakur, has said that Nigeria alone accounted for 20 per cent of India’s trade in Africa for the year 2018. He made...

Buhari approves state, local government police

Buhari to sign Africa free trade agreement weekend

President Muhammadu Buhari will sign the agreement establishing the African Continental Free Trade Area (AfCFTA) this weekend. The presidency announced this via Twitter...

Buhari

Buhari: Africa free trade agreement has positive negative effects

President Muhammadu Buhari on Thursday in Abuja said observed the African Continental Free Trade Area agreement (AfCFTA) will have both positive and negative effects on...

China container exports to US down 6.5% in five months 

China, Africa trade hits $200bn in 2018

The volume of bilateral trade between China and Africa stood at $200 billion in 2018, the Chief Economist of China Development Bank, Liu Yong, said on Monday in Beijing....

India halts import tariffs hike on U.S. goods

Africa’s merchandise trade hits $997.9bn

The total merchandise trade in Africa in 2018 has been placed at USD997.9 billion, retaining its number one position among the fastest growing regions in the world. The...

Experts discuss sustainable maritime future for Africa at Nor-Shipping 

Experts discuss sustainable maritime future for Africa at Nor-Shipping 

A wide-ranging discussion during the “Africa@Nor-Shipping” event in Oslo, Norway last week explored a host of topics related to unlocking the full potential of...

Okechukwu-Enyinna-Enelamah

Nigeria to join Africa Free Trade Zone, Enelamah says

Nigeria will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he asked for, the country’s...

DP World: Removal of trade barriers crucial for Africa’s economy

DP World: Removal of trade barriers crucial for Africa’s economy

The removal of trade barriers is key to improving economic development in Africa, according to DP World, which has reaffirmed its commitment to infrastructure...

Nigerian-economy

Nigeria now 14th in Africa in best countries for business 

Forbes has rated Nigeria as the 110th best country for business in the world and the 14th in Africa in 2019.  A total of 161 countries were rated by the Forbes report....

U.S. awards BP, Serica licence for North Sea field

BP okays Africa’s deepest offshore LNG project

Oil major, British Petroleum (BP), and its partners, have given the green light for the development of a large gas project off the coast of Mauritania and Senegal. This...

Osinbajo: Nigeria is best investment destination in Africa 

Osinbajo: Nigeria is best investment destination in Africa 

Vice President Yemi Osinbajo said Nigeria still remains one of the best investment destinations in Africa even as ease of doing business continues to improve. Prof....

Trade facilitation: Afreximbank set up programme to aid African banks

Right policies can boost $15bn intra-African trade – Afrieximbank

African Export-Import Bank (Afreximbank) on Thursday, said Africa accounts for only 15 percent of the continent’s $1 trillion of total trade in the world yearly. The...