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Buhari decries low-level trade among African countries

By Ismaila Chafe, Abuja.   President Muhammadu Buhari has decried the low-level trade among African countries, emphasising that intra-regional trade still accounts for a very tiny fraction of total trade in Africa.   The president expressed this viewpoint, while addressing…
All-commodity group import index increases by 0.07% – NBS

By Okeoghene Akubuike, Abuja.   The National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.07 per cent, with the highest increase recorded by “vehicles, aircraft and parts”.   The increase is reflected in the…
FG, states can utilise $750m NG-CARES fund – World Bank

By Salisu Sani-Idris, Abuja.   The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES), has expressed confidence in the commitment of 36 states and the Federal Capital Territory to utilise the 750 million dollars NG-CARES fund before June 2023.  …
NEPC committed to expanding shea exports – Yakusak

By Ikenna Uwadileke, Abuja..   The Nigerian Export Promotion Council (NEPC), has expressed its commitment to consolidating prospects, potential and opportunities of the shea sector for export growth.   Dr Ezra Yakusak, the Executive Director and Chief Executive Officer (CEO)…
LCCI to maximise AfCFTA opportunities through trade fair

By Rukayat Moisemhe, Lagos.   The Lagos Chamber of Commerce and Industry (LCCI) says the 2022 Lagos International Trade Fair (LITF) will be used to exploit the opportunities of the African Continental Free Trade Area (AfCFTA).   This is following…