Trade Archives — Page 2 of 9 — City Business News

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 Rakiya Dhikru-Yagboyaju, Head, Public...

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....

October 12, 2020 No Responses

South Korea, Belgium Pledge Support For Nigeria’s Maritime Security, Trade

South Korea and Belgium have pledged more support for the Nigerian Maritime Administration and Safety Agency (NIMASA) in its drive to enhance trade and security in the Nigerian maritime domain. The new Consul-General of the Korean Embassy, Kang Haenggu,...

July 2, 2020 No Responses

ICC Elects First Black Female Global Board Executive

Information technology guru and founder of West Blue Consulting, Ms. Valentina Mintah has been elected to the Executive Board of the International Chamber of Commerce (ICC), at the recently held virtual 2020 World Council Meeting of the organization. Ms. Minta...

April 9, 2020 No Responses

World Trade To Decline By 32% In 2020

The decline in world trade due to Covid-19 will likely exceed the trade slump brought by the global financial crisis of 2008 09, the World Trade Organization (WTO) said on Wednesday, with merchandise trade expected to decline 13-32% in 2020...

October 22, 2019 No Responses

U.S-Nigeria Trade Council Faults $3b Power Sector Loan

The U.S.-Nigeria Trade Council has advised the Federal Government to stop taking fresh loans, pointing out that the country “can’t afford it any longer”. Reacting to the proposed $3billion power sector loan from the World Bank, the council explaine...

October 5, 2019 No Responses

Commonwealth Ministers Target $2tri Trade By 2030

Trade ministers and senior officials from 53 Commonwealth countries will gather in London on October 10, 2019 to explore modalities on how to achieve $2trillion trade by 2030. The Minister are also expected to put strategies in place for deepening....

January 26, 2019 No Responses

Agenda For Intra-African Trade Gains Momentum At Davos

A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half is gaining much attention in Davos this year. When you...

December 12, 2018 No Responses

Obasanjo Tasks African Leaders On $27b Free Trade Agreement

Citing benefits of uninhibited trading among African countries, former President, Olusegun Obasanjo has advised African leaders to sign the African Continental Free Trade Agreement (ACFTA). The initiative promises $27billion investments. Spea...

November 7, 2018 No Responses

Toyota Declares $5.09b Profit, 2.68m Sales In Second Quarter

Toyota Motor Corporation’s operating profit increased by 11 percent in the latest quarter as the automaker tapped growing demand for light trucks. Operating profit rose to 579.1 billion yen ($5.09 billion) in the automaker’s fiscal second quarter...

November 6, 2018 No Responses

Naira Appreciates Against Dollar

The Naira on Monday gained 10 kobo to exchange at N363.64 to the dollar at the investors’ window, stronger than N363.74 posted on Friday. Market turnover at the investors’ window stood at 231.24 million dollars, higher than 226.35 million dollars...

September 28, 2018 No Responses

Ghana Explains Closure Of Nigerian-Shops

President Muhammadu Buhari and President Nana Akufo-Addo of Ghana Thursday met in New York, on the sidelines of the ongoing United Nations General Assembly, during which the Nigerian leader expressed delight that the attacks against Nigerian traders in Ghana w...