Africa trade policy group appoints Ese Owie as Convenor, targets global influence
By Jeremiah Urowayino Trade experts and thought leaders from across the African continent have said Africa has a role in shaping the World Trade Organisation, WTO, reform, noting that the world is at a critical juncture for the multilateral trading system. They said this while launching the Africa Trade Policy Working Group, ATP Working Group, […]
Customs seizes N14.6m worth of poultry products
The Nigeria Customs Service, NCS, has impounded 3,247 cartons of frozen poultry products worth N14,611,500.00 (Fourteen Million, Six Hundred and Eleven Thousand, Five Hundred Naira) in the last two weeks of its war against smuggling of poultry products.
Corruption, poor policy, hindrance to economic integration — Ecobank boss
Corruption and poor policy formulation and implementation among others have been identified as the challenges to economic integration and sustainable development in Africa.
Nigeria, India’s bilateral trade hits N70bn
Nigeria and India volume of trade has risen to N70 billion, with renewed interest in agriculture, Small Medium Enterprises, SMEs development and medicine.
Exhibition raises Nigeria’s profile as investment destination — Pearson
Regional Director, West Africa, Afrocet Montgomery, George Pearson has said that trade exhibitions provide a veritable platform to raise a country’s profile as an investment destination.
SON’s new Act to prosecute erring manufacturers
The Standards Organisation of Nigeria (SON) has said that its new Act has given the agency the power to prosecute erring manufacturers whose products do not conform to the minimum requirement of the Nigerian Industrial Standards (NIS).
Transcorp’s agribusiness arm partners Coca-Cola on new juice
Transnational Corporation of Nigeria, Transcorp Plc has entered into partnership with Coca Cola company to be the sole local concentrate sourcing partner. Transcorp agribusiness subsidiary, Teragro Commodities Limited, processes orange, mango and pineapple concentrates for industrial markets at a processing plant in Benue State. The 26,500mt capacity benfruit plant is the first and only Nigerian-owned and operated juice concentrate processor of its kind in the country and first began producing concentrate for coca-cola in 2014. Transcorp, in a statement said
Drop in oil price hits NSE market as capitalisation drops by N164bn
Trading activities on the Nigerian Stock Exchange (NSE) for the second consecutive day maintained a downward trend with the market capitalisation losing N164 billion.
Starting a business in Nigeria
There are successful stories of Nigerians who pursued their entrepreneurship dream,and their businesses are doing well despite the economic downturn.
2nd Niger bridge is ongoing —ICRC
The Infrastructure Concession Regulatory Commission (ICRC) has said that the construction of the long awaited 2nd Niger Bridge is still on course. This is contained in a statement signed and made available to newsmen by Acting Head Corporate Communication ICRC Ms Debora Okafor in Abuja.
‘Tank farm owners looking for buyers’
Tank farm owners are presently looking for buyers for their facilities as the Federal Government moves to curb importation of petroleum products.
