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Economy

Nigeria selected as pilot country for AfCFTA simplified trade regime

Economy Pai -
Nigeria has been selected as the pilot country for the implementation of the Simplified Trade Regime (STR) under the African Continental Free Trade Area...

EU adds €45m to Nigeria digital economy drive

Economy Pai -
By NoGreeAfrica News Desk The European Union has signed an additional 45 million euro support package for Nigeria’s digital economy, deepening cooperation between both sides...
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Africa’s Trade Rises to $1.5trn, but Export Share Stays Weak

Economy Pai -
By NoGreeAfrica News Desk Africa’s total merchandise trade rose sharply to 1.5 trillion dollars in 2024, but the continent still...

Afreximbank backs 500MW Sapele power project with US$4m prep facility

Economy Pai -
  African Export-Import Bank (Afreximbank) has signed a US$4.0 million project preparation facility with Proton Energy Ltd to advance feasibility...

AfDB, Partners Launch $263.8m Urban Infrastructure Project in Abia

Economy Pai -
Lucy The African Development Bank (AfDB), in partnership with the Islamic Development Bank (IsDB), the Federal Government of Nigeria and...

Nigeria’s Bold Response to U.S. Tariff Measures: A Path toward Trade Resilience and Economic Growth

Economy Pai -
  The Federal Government of Nigeria has acknowledged the recent tariff measures announced by the Government of the United States...

The Illusion of Falling Food Prices: Unpacking Nigeria’s Cost of Living

Economy Editor -
By Pai Tukum In recent months, reports have highlighted a decline in the prices of staple foods across Nigeria. At...

Africa records FDI surge, but digital divide funding gap persists — UNCTAD

Economy Pai -
By NoGreeAfrica News Desk Africa recorded a record high in foreign direct investment in 2024, but major gaps remain in...
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