6 mins ago
As part of efforts to facilitate bilateral trade and investments between Nigeria and the U.S, a delegation of investors from the United States of America have expressed optimism about the various opportunities that abound in the country. The investors, a part of the USAID-sponsored American Institutional Investor Reverse Roadshow, spoke at a meeting hosted by the Consul General…
6 mins ago
Chief Executive Officer, Guinness Nigeria Plc, John Musunga, has again reiterated that the company has no plan to leave the country and is rather looking to increase its capital investments and expanding production capacity. He added that they are doing this with a recently acquired land just behind their present manufacturing plant in the Ikeja…
6 mins ago
From all indications, Nigeria may likely fail in its bid to commence trading in the African Continental Free Trade Area (AfCFTA), under the Guided Trade Initiative (GTI). This is because not all the requirements have been met yet. Nigeria had missed the former commencement date two months ago and now, is on the verge of…
7 mins ago
The Lagos Chamber of Commerce and Industry (LCCI) has commended the Central Bank of Nigeria (CBN) on its removal of the restrictions on 43 items previously banned and the decision to raise dollar supply to meet the demand pressure. President of the association, Michael Olawale-Cole, said the commitment of CBN to offset the forex backlog…
7 mins ago
The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala and Managing Director, International Finance Corporation (IFC) Makhtar Diop, have again stressed the importance of increasing access to trade finance for small businesses to assist their integration into global supply chains. The WTO boss emphasised that trade finance plays a vital role in supporting inclusive…