Economy
-
Nigeria, Tunisia set to strengthen tourism, economic ties
Nigeria and Tunisia are set to strengthen bilateral relations in culture, tourism, and economic cooperation, following a high-level meeting between both countries’ representatives in Abuja on Monday. The Tunisian Ambassador to Nigeria, His Excellency Moshen Antit, made this known during a courtesy visit to the Minister of Art, Culture, Tourism, and Creative Economy, Barrister Hannatu Musa Musawa. Ambassador Antit expressed…
Read More » -
Nigeria gazettes ECOWAS tariff to strengthen AfCFTA ahead of summit
By Kunle Sanni Nigeria has officially gazetted and submitted the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA) to the AfCFTA Secretariat—marking a major milestone in the country’s drive toward regional trade integration. The move precedes the 16th AfCFTA Council of Ministers meeting, scheduled for April 15 in Kinshasa, Democratic Republic…
Read More » -
Nigeria targets top 80 spot in Global Human Capital Index by 2030
…as VP Shettima launches initiative in Akwa Ibom By Kunle Sanni The federal government has reaffirmed its ambition to position Nigeria among the top 80 countries on the Global Human Capital Index (HCI) by 2030, with Vice President Kashim Shettima emphasizing the need for grassroots implementation and data-driven reforms to strengthen education, health, and workforce productivity. Speaking on Monday in…
Read More » -
Adebayo to speak at GWU’s conference on tech, trade prospects
The leader of the Social Democratic Party (SDP) and 2023 presidential candidate of the party, Prince Adewole Adebayo will join other world leaders to speak at a conference organised by the School of Business, George Washington University (GWU) in the United States of America. The invitation to participate at the conference as a speaker was extended to Adebayo by the…
Read More » -
Nigeria, China pledge commitment to strengthen bilateral ties
Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has reaffirmed the country’s commitment to strengthening its longstanding relationship with the People’s Republic of China. Speaking during a high-level meeting in Abuja, Ambassador Tuggar hosted His Excellency Hu Chunhua, Vice Chairman of the Chinese People’s Political Consultative Conference, to discuss ways of deepening cooperation across key strategic sectors. The meeting highlighted…
Read More » -
US tariffs could propel intra-African trade, mineral value addition – Minister Alake
The Minister for Solid Minerals Development, Dr. Dele Alake, has described the wave of tariffs imposed by the United States as a potential turning point for African economies, urging the continent to look inward and strengthen intra-African trade. Dr. Alake made this assertion during a fireside chat session at the 14th edition of the Annual Investment Meeting (AIM) Congress in…
Read More » -
US seeking stronger economic partnership with Nigeria, says Presidency
By Kunle Sanni The Special Adviser to the President on Information and Strategy, Bayo Onanuga, has shed light on key discussions held between President Bola Ahmed Tinubu and Mr. Massad Boulos, a Senior Advisor for Africa under former U.S. President Donald Trump’s administration. Speaking on the outcome of the meeting, which took place Thursday in Paris, Onanuga revealed that the…
Read More » -
Fitch upgrades Nigeria’s credit rating, cites growth in Tinubu’s economic reforms
Fitch Ratings has upgraded Nigeria’s credit rating to ‘B’, reflecting growing confidence in the country’s economic direction under President Bola Tinubu’s administration. The global credit rating agency attributed the upgrade to a series of policy reforms initiated since June 2023. These include exchange rate liberalisation, tightening of monetary policy, halting of deficit financing through the Central Bank, and the removal…
Read More » -
FG sets up committee to assess impact of U.S. tariffs
The Federal Government has established a sub-committee under the Economic Management Team (EMT) to assess the impact of new U.S. tariffs on Nigerian exports and fluctuations in global commodity prices. The committee, chaired by Finance Minister and Coordinating Minister of the Economy, Wale Edun, aims to develop strategies that will cushion the country against potential economic shocks arising from these…
Read More » -
Nigeria launches AATC to enhance intra-African trade, economic integration
Nigeria on Thursday hosted the official launch of the African Trade Centre (AATC) in Abuja, marking a major step toward deepening intra-African trade and economic integration across the continent. The event, held under the auspices of the Federal Ministry of Finance, brought together key stakeholders and development partners in a show of commitment to economic diversification, regional collaboration, and sustainable…
Read More »
