Trade Archives — Page 2 of 10 — City Business News

May 2, 2023 No Responses

Dangote Implores African Countries On Trade Barriers

President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development across the continent. The leading private sector player also expressed...

February 18, 2023 No Responses

U.S.-Africa Trade Council Holds Global Summit In October

The U.S.-Africa Trade Council (USAfriTC), along with partner organizations across Africa, United Kingdom and United States, is to hold the next edition of the U.S.-Africa Trade and Investment Global Summit (USATIGS) on October 18-21, 2023, in Atlanta, Geo...

February 3, 2023 No Responses

Price Cap On Russian Refined Fuels To Disrupt Trade

The European Union’s ban on imports of Russian refined oil products, including diesel and jet fuel, will disrupt global flows once it takes effect on Sunday and could hurt Moscow more than an embargo on crude oil. Although Western sanctions...

December 15, 2022 No Responses

Elumelu Laments Trade Discrimination Against Africa

Africa suffers the most trade discrimination in the whole world, Chairman, Heirs Holdings, Mr Tony Elumelu has said, calling on its leaders to address the barriers facing the continent. Elemulu said this at a side event on “Charting the Course:.....

October 14, 2022 No Responses

LCCI Tasks FG On N1.97tri Q2 Trade Surplus

The Lagos Chamber of Commerce and Industry (LCCI) has tasked the Federal Government with investments in export infrastructure and other mechanisms to sustain the country’s trade surplus of N1. 97 trillion recorded in the second quarter of 2022. LCCI presid...

October 13, 2022 No Responses

ICC Seeks Trade Facilitation Partnership With Shippers’ Council

The International Chamber of Commerce (ICC) has sought the collaboration of the Nigerian Shippers’ Council (NSC) to aid trade facilitation in Africa. The Chairman, ICC Global Customs and Trade Commission, Mr Segun Olugboyegun made the call when he led ...

October 11, 2022 No Responses

Nigeria Decries Low Trade Level With Egypt

Nigeria on Monday decried her low level of trade with Egypt, two economic powers on the African continent. Nigeria’s ambassador to the northern African country, Malam Nura Rimi, noted that statistics showed that notwithstanding the sizes of the two eco...

September 18, 2022 No Responses

Shippers’ Council, CBN, UBA, Fidelity Bank, Others Harp On Trade Facilitation

By Moses Ebosele, ebosele@hotmail.com — Trade facilitation took the centre stage, in Lagos, on Saturday as key stakeholders brainstorm on challenges, existing modalities and gains recorded so far. Speaking at the event, which forms part ...

August 20, 2022 No Responses

Nigeria, Japan Trade Volume Hits $1b

The annual bilateral trade volume between Nigeria and Japan stands at $1 billion, the Ambassador of Japan to Nigeria, Mr Matsunaga Kazuyoshi, has said. Speaking at the 2nd Japan-Nigeria business facilitation council meeting on Friday in Abuja, Kazuyoshi expl...

October 21, 2021 No Responses

Nigeria, Turkey Trade Volume To Expand By $5b

President Recep Tayyip Erdogan says the Nigeria, Turkey trade volume will be expanded by five billion dollars, immediately, to further boost socio-economic ties between the two countries. Erdogan stated this when he addressed newsmen at the end of a clos...

September 12, 2021 No Responses

NSC Boss: Dala Dry Port‘ll Boost Trans-Sahara Trade, AfCFTA

The Dala Inland Dry Port (IDP) will boost trans-Sahara trade developments and indeed the African Continental Free Trade Area (AfCFTA), Executive Secretary, Nigerian Shippers’ Council (NSC), Emmanuel Jime has said. A statement issued on Saturday by Mrs...

March 11, 2021 No Responses

Ecobank Partners NEXIM Bank, Unveils Trade Opportunities For Exporters

Ecobank, in partnership with the Nigerian Export Import Bank (NEXIM) is hosting a breakfast meeting with exporters on Thursday, March 11, 2021 by 11am. The focus of the meeting according to Chijioke Uzoukwu, Head of Trade, Ecobank Nigeria wou...

February 16, 2021 No Responses

LCCI Tasks Africa On Trade Opportunities Under Okonjo-Iweala

The Lagos Chamber of Commerce and Industry (LCCI) has urged African governments to shore up their capacity for international competitiveness to fully harness the opportunities offered by the World Trade Organisation (WTO). Director-General, LCCI, Dr Muda ...

November 12, 2020 No Responses

Nigeria Ratifies Membership Of African Free Trade Zone

The Federal Executive Council ratified Nigeria’s membership of the African Continental Free Trade Area Agreement on Wednesday in Abuja. Minister of Information and Culture, Alhaji Lai Mohammed, made this known at the end of the weekly meeting of the Council....