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The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, at the 15th meeting of the African Continental Free Trade Area (AfCFTA), reaffirmed Nigeria’s commitment to upholding the digital trade protocol to boost investment, export, and economic reforms. The AfCFTA Digital Protocol, enacted in February 2024, establishes a legal framework to accelerate tech-driven innovation and…

Amidst the September 2024 inflationary surge, the National Bureau of Statistics (NBS) has said that Sokoto, Gombe and Yobe States led the country as the most expensive states to live in Nigeria. The Consumer Price Index (CPI) report recently released by the Bureau said the September 2024 headline inflation rose to 32.70 per cent. The…

To protect the local supply to its internal market, the military authorities in the Republic of Niger have banned rice, cereal and other food exports to all countries. The food security measures exempts Burkina Faso and Mali, its fellow junta-led government. Recall the Economic Community of West African States (ECOWAS) lifted its bloc on July…

Comptroller-General of Customs (CGC), Bashir Adeniyi has said its meeting with the Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene has created an opportunity to address bottlenecks in fostering trade facilitation. Adeniyi‘ meeting with Mene occurred on the margins of the Biashara Afrika 2024 forum, hosted in Kigali, Rwanda from October…

A former Special Adviser to the late President Umar Yar’Adua on Media and Publicity, Olusegun Adeniyi, in Abuja said the informal sector of the economy not protected by the Nigeria’s labour laws. Adeniyi said this at a lecture to mark the new Legal Year 2024/2025 of the National Industrial Court with the theme “Is There…

Bashir Adewale Adeniyi, Comptroller General, Nigeria Customs Service (NCS) has auctioned Premium Motor Spirit, popularly called petrol seized by its operatives in Yola, Adamawa State at the rate of ₦630 per litre, noting the seizures underscore the persistent nature of the challenge and the necessity of continued vigilance and action.Adeniyi, who was represented by Olaniyi…

Ebonyi State Governor, Rt Honourable Francis Nwifuru, has launched the disbursement of N300m grants to 100 beneficiaries of the State Government’s Agricultural Empowerment Programme. The beneficiaries underwent intensive training at Masters Skills Training Centre, Agbani, Enugu State and were deemed qualified for the grants. The governor, represented by his Deputy, Princess Patricia Onyemaechi Obila , …

Propelled to address the environmental effect of deforestation, the Minister of Agriculture and Food Security, Sen. Abubakar Kyari on Wednesday inaugurated the National Task Force (NTF) on the European Union Deforestation Regulation (EUDR). This is part of the last ditch efforts to prevent the economy from the backlash that may occur as a result of…

A former President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Chief George Udagba, has enjoined the Niger Delta Chamber of Commerce, Industry Mines and Agriculture, NDCCITMA, to establish vocational training centres in the Niger Delta region. Udagba, who made the appeal during the NDCCITMA sensitization programme in Umuahia, Abia…

Agriculture is one of the sectors that will benefit from an agreed collaborative effort between Nigeria and Turkey. The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and Nigeria Türkiye Business Council (NTBC) are putting things in place to ensure that the two countries work together to boost development in the sector…