Trade

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FG Sends Ministerial Delegation to Ghana to Address Nigeria/Ghanaian Traders Rift
FG Sends Ministerial Delegation to Ghana...

FG Sends Ministerial Delegation to Ghana to Address Nigeria/Ghanaian Trader...

President Muhammadu Buhari has sent a ministerial delegation to Ghana to tackle the persistent rift between Nigerian traders and the Ghanaian authorities. Mr Ifedayo Sayo, the Special Assistant to the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, in a statement said issued on... read more »

Okonjo-Iweala Accepts Apology from Swiss Newspaper over ‘grandmother’ Remarks
Okonjo-Iweala Accepts Apology from Swiss...

Okonjo-Iweala Accepts Apology from Swiss Newspaper over ‘grandmother’ Remar...

The first woman and first African to lead the World Trade Organization on Monday welcomed an apology from a Swiss newspaper that had dismissed the seasoned international professional as a grandmother. “It is important & timely that they’ve apologised,” Ngozi Okonjo-Iweala said in a... read more »

BREAKING: Midnight Fire guts Rivers Timber Market
BREAKING: Midnight Fire guts Rivers Timb...

BREAKING: Midnight Fire guts Rivers Timber Market

Shop owners and traders at the Timber Market in the Marine Base axis of Port Harcourt, Rivers State, woke up to see their merchandise all in flames following a midnight fire. It was learnt that the fire started from the casket section of the market about midnight breaking into Thursday, even as... read more »

Okonjo-Iweala Accepts Apology from Swiss Newspaper over ‘grandmother’ Remarks
I Was Surprised Trump Opposed My Candida...

I Was Surprised Trump Opposed My Candidacy – Okonjo-Iweala

Ngozi Okonjo-Iweala, Nigeria’s former Finance Minister, says she was surprised that President Donald Trump’s administration could stand in her way of leading the World Trade Organisation (WTO). At a press briefing, the new Director-General of WTO said she did not see it coming. She said... read more »

SEC Gives Reasons for Crypto Assets Regulation
SEC Gives Reasons for Crypto Assets Regu...

SEC Gives Reasons for Crypto Assets Regulation

The Securities and Exchange Commission, SEC, has defended its decision to regulate crypto assets saying it was informed by the growing volume of reported flows within the digital asset space. The chief regulator of the country’s capital market, had in September, 2020 designated digital assets,... read more »

More from Trade

Slash on Imported Vehicles’ Duties Commences Next Week – Customs

Slash on Imported Vehicles’ Duties Commences Next Week – Customs

The Nigeria Customs Service, NCS, has said the reduction in the duties on vehicles and tractors from 35 to about 10 per cent might begin next week. This was disclosed by the... read more »

CBN Predicts Further Depreciation of the Naira in January

CBN Predicts Further Depreciation of the Naira in January 2021

The Central Bank of Nigeria has said that a survey conducted by its Statistics Department showed that the naira is projected to further depreciate in January next year. According to the... read more »

Diaspora Remittances: CBN Threatens Sanctions Against Paying Local Currency

Diaspora Remittances: CBN Threatens Sanctions Against Operators Paying Local Currency

The Central Bank of Nigeria has cautioned operators against paying recipients of diaspora remittances in the local currency rather than foreign currency. The apex bank threatened to strip... read more »

President Buhari To Reopen Borders Soon

President Buhari To Reopen Borders Soon

President Muhammadu Buhari, on Tuesday, had a closed door meeting with the nation’s 36 state governors on the security challenges across the country. He explained that the closure of the... read more »

WTO Postpones Meeting to Pick New WTO DG

WTO Postpones Meeting to Pick New DG

The World Trade Organisation on Friday postponed a meeting where members are expected to pick a new Director-General. The postponement is coming days after the United States declined to support the... read more »