AfCFTA Archives — City Business News

July 11, 2024 No Responses

Ecobank Tasks Nigerian Businesses On Single Market Trade Hub

Ecobank Nigeria has advised Small and Medium Enterprises (SMEs) as well as large businesses within the country to take quick advantage of its Single Market Trade Hub to connect their businesses to others within the continent. According to the bank, over 4000 businesses in 33 countries are...

February 15, 2024 No Responses

AfCFTA: NCDMB Advocates Database of Skills, Uniform Standards For Goods, Services

As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database of av...

October 5, 2023 No Responses

Africa To Earn $58b Development Aid Through AfCFTA

Internal trading will earn Africa more than $58 billion in development assistance, the Africa Continental Free Trade Area (AfCFTA) has said. The Chief of Staff, AfCFTA Secretariat, Silver Ojakol, made this known on behalf of the Secretary-General, Wamkele Mene...

August 9, 2023 No Responses

Zenith Bank, AfCFTA Sign $1m Smart Portal Trade Deal

Zenith Bank Plc, on Tuesday, signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to build a smart portal for trade on the African continent. Under the arrangement, Zenith is to fund the single ...

January 17, 2023 No Responses

Jime Calls For Dismantling Of Tariff, Non-Tariff Barriers To Intra African Trade

The Executive Secretary, Nigerian Shippers’ Council (NSC), Emmanuel Jime has urged African countries in West, Central Africa sub-region to fast-track the dismantling of various tariff and non-tariff barriers hindering intra-Africa trade. Jime, in his welcome...

January 10, 2022 No Responses

Ecobank Restates Commitment To Pan African Trade, AfCFTA

Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities, award winning digital products and strategic focus. Kola Adeleke, Exec...

October 13, 2021 No Responses

AfCFTA: NPA Reiterates Support For Intra-African Trade

By ebosele@hotmail.com All seaports in Nigeria are being repositioned as efficient and reliable gateways as part of measures to optimise trade interconnectivity with other countries under the African Continental Free Trade Area (AfCFTA) agreement, A...

February 10, 2021 No Responses

AfCFTA: Nigeria Begins Nationwide Awareness Tour

The National Action Committee on AfCFTA flags off nationwide awareness and sensitisation tour in line with its mandate to prepare Nigeria to take advantage of the AfCFTA Agreement while mitigating its threats to the Nigerian economy. A statement issued o...

January 25, 2021 No Responses

NAFDAC Implores MSMEs On Benefits Of AfCFTA

The Director General, National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye has reiterated the Agency’s resolve to encourage the Micro Small and Medium Enterprises MSMEs in Nigeria to take advantage of the Africa Conti...

January 20, 2021 No Responses

AfCFTA: Customs Awaits Report On List Of Duties, Charges For Waived Goods

The Nigeria Customs Service (NCS) is waiting for National Action Committee (NAC) on the list of duties and charges waived for liberalised goods under African Continental Free Trade Area (AfCFTA). The service made this known in a statement issued by...