Business

In a move signaling increased confidence in the foreign exchange market, three major Nigerian banks—UBA, Wema Bank, and GTBank—have resumed international transactions …

Intra-African trade is showing strong signs of recovery, recording a 12.4% growth in 2024 to reach a total value of $220.3 billion. …

Nigeria emerged as West Africa’s top performer in intra-African trade for 2024, recording a total trade volume of $18.4 billion, according to …

Ethiopia has finalized a $3 billion agreement with Nigerian industrialist Aliko Dangote to establish a major fertilizer manufacturing plant in the Somali …

Access Bank, one of Nigeria’s leading banks, has acquired Standard Chartered Tanzania’s Consumer, Private, and Business Banking (CPBB) business, deepening its expansion …

Speaking at the ECOWAS Investment Forum in Abuja, World Trade Organisation (WTO) Director-General Ngozi Okonjo‑Iweala emphasized that regional trade barriers are severely limiting …

Africa’s richest man, Aliko Dangote, is turning his attention to Namibia as a potential destination for future investment, following the Dangote Group’s …

The Federal Government has expressed concern over the persistently low levels of intra-African trade, especially within West Africa, where trade among member …

In a major economic shift, China is extending tariff-free market access to 53 African countries as part of a new trade initiative …

The United Kingdom has confirmed that 99% of Nigerian exports will remain duty-free under the Developing Countries Trading Scheme (DCTS), reinforcing strong …