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AFCFTA

Nigeria has called for urgent reforms to the global financial system, emphasizing the need for sovereign debt relief and equitable access to trade and financing for developing nations.  
Vice President Kashim Shettima has maintained that Nigeria is positioned as the natural hub for the African Continental Free Trade Area's (AfCFTA) 3.4 trillion-dollar market. 
Following decades of liberalisation, the global trade-and-investment regime is undergoing a structural recalibration. Major economies are increasingly deploying...
Nigeria’s Minister of State for Industry, Trade, and Investment, John Owan Enoh, says the country must grow its...
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and Settlement System (PAPSS) and commence originating transactions under the new framework, as part of efforts to deepen intra-African trade and improve cross-border payment efficiency. 
The Nigerian Insurers Association (NIA) has called on industry stakeholders and regulators to work together to harness the economic potential of the African Continental Free Trade Area (AfCFTA) for the insurance sector’s expansion across Africa.  
Nigerian President Bola Tinubu has urged ECOWAS nations to deepen economic cooperation and support intra-regional trade, emphasizing that the African Continental Free Trade Area (AfCFTA) must serve as a catalyst for genuine transformation across the region.  
Nigeria has officially gazetted and transmitted the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA) to the AfCFTA Secretariat.  
The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has said African countries can cushion the potential economic fallout from U.S. President Donald Trump’s new tariffs by increasing trade among themselves. 
Nigeria Vice President Kashim Shettima has said the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol aims to increase intra-African trade from 18 percent in 2022 to 50 percent by 2030.  
The National Insurance Commission (NAICOM) has called on players in the insurance sector to consider expanding their operations beyond Nigerian borders. 
The African Union (AU) has officially endorsed Nigeria as the Digital Trade Champion for the continent under the Africa Continental Free Trade Area (AfCFTA) Digital Trade Protocol.