UK nominates Liam Fox to lead World Trade Organization

Liam Fox, Britain’s former international trade secretary, will be nominated by the UK to be the next head of the World Trade Organization (WTO), the government’s Department for International Trade has confirmed. Fox was a cabinet minister in Theresa May’s government between July 2016 and July 2019 and has been a Conservative MP since 1992.…

NEZPA partners Nigerian Investment Promotion Commission on ease of doing business at free zones

The Nigeria Export Processing Zones Authority (NEPZA) is working out a partnership with the Nigerian Investment Promotion Commission (NIPC) to encourage ease of investment at the 41 Free Trade Zones in the country. The Managing Director of NEPZA, Professor Adesoji Adesugba said this when he visited the Executive Secretary, Yewande Sadiku of NIPC in Abuja…

Banking the unbanked – how the trade finance asset class can stimulate economic growth in emerging economies

Trade and trade finance have been intertwined for centuries and have afforded traders the opportunities to grow their businesses whilst providers of trade finance have been able to generate significant returns. The evolution of this form of finance continues to this day, as banks and non-bank alternative financiers develop new ways to provide this critical…

PwC Nigeria admits 8 new Partners

PwC Nigeria has admitted eight professionals into its partnership, effective 1 July 2020. This is a record number for the leading professional services firm, demonstrating its commitment to diversity, inclusion, and developing the future leaders of the firm. The new Partners are Akinyemi Akingbade, Chioma Obaro, Tosin Labeodan, Rukaiya El-Rufai, Wura Olowofoyeku and Yinka Yusuf…

Osinbajo, Katagum for World MSME Day

Vice President Yemi Osinbajo, Minister of State for Industry, Trade and Investment, Mrs. Maryam Katagum will alongside other stakeholders discuss the opportunities and challenges of the Covid-19 on micro, small and medium scale enterprises (MSMEs) in the country. The conversation slated for June 30, 2020, is part of activities to commemorate this year’s World MSME…

FG Sets Up Committee to Boost Export

The Federal Ministry of Industry, Trade and Investment has inaugurated a 28-member Nigeria Agro Set-Up Committee aimed at re-invigorating broad national agricultural activities across the country. The committee would drive the Federal Government’s plan to diversify the economy away from oil through renewed interest in the agricultural sector targeted for $250bn export earnings for Nigeria…