“With the removal of trade barriers, insurance companies can develop and offer cross-border insurance products, including coverage for businesses operating in multiple African countries, which can enhance the attractiveness of Nigerian insurers to multinational clients. This will also bring about increased investment as it is likely to attract foreign direct investment.” – Commissioner for Insurance, Mr Olusegun Omosehin

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AfCFTA: Lucky Fibres Makes Nigeria’s  First Export to Kenya

▪︎Photo (from left-hand): Representative of DIMEX Shipping,   CSC Lauretta Utubor, representing Comptroller Trade Facilitation,  Comptroller Olomu, Customs Area Controller Apapa,  Mr. Olusegun Olutayo, Nigeria AfCFTA Coordinating Office, Mr. Girdhar Chandak, Commercial Head. Nigeria has commenced full participation in the African Continental Free Trade Area (AfCFTA) with its first export of Lucky Fibres Ltd hair products to…

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Botswana Envoy Pushing for Increase Trade with Nigeria

The Botswana High Commissioner to Nigeria, Miss Philda Nani Kereng, is pushing for increase bilateral trades between the two countries.She commended the Nigerian governments for doing so much for the Micro,  Small and Medium Enterprises (MSMEs). Kereng, who spoke on Monday in Abuja on the occasion of her country’s 58 Independence anniversary, said: ” Currently, the trade…

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AfCFTA : Nigeria set to export first shipment to five countries

“In the next few days, ten Nigerian companies would be exporting different homemade products to countries across East, Central, and North Africa, under the African Continental Free Trade Area Agreement (AfCFTA).This declaration was made , yesterday in Lagos, by the Coordinator, National AfCFTA Coordination Office, Olusegun Awolowo. “Some of the companies include, Le Look Nigeria…

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AfCFTA: 30 Countries To Begin Trading Next Year

The Senior Advisor to the Secretary-General of the African Continental Free Trade Area (AfCFTA), Peter Joy Serwornoo, said that thirty countries in Africa will begin trading under the single market, next year. In an interview with the Gha­naian Times, Serwornoosaid that currently, seven coun­tries have been trading under the AfCFTA Guided Trade Initiative, adding,  “A lot…

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