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1 week ago | 
guardian.ng | Tobi Awodipe
[adsense ad_id="inarticle"]By Tobi Awodipe• Gazettes PSTCs, becomes 23rd AfCFTA state party to complyReinforcing Nigeria’s commitment to regional trade expansion, President Bola Tinubu, yesterday, signed the Economic Community of West African States (ECOWAS) Schedule of Tariff Offers, establishing zero duties on 90 per cent of goods traded within Africa.
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3 weeks ago | 
guardian.ng | Tobi Awodipe
For several decades, Nigeria has struggled with raw material dependency, exporting raw materials while importing finished products at exorbitant costs, which has stifled industrialisation and weakened the real sector, TOBI AWODIPE reports.
Over the years, Nigeria has depended on proceeds from crude oil to the detriment of agricultural and other mineral products, which were once the cornerstone of the economy.
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3 weeks ago | 
guardian.ng | Tobi Awodipe |Waliat Musa
Local production can’t meet demand, will only widen energy deficit’
Centre for the Promotion of Private Enterprise (CPPE) has expressed concern over the government’s plan to ban the importation of solar panels as a measure to promote domestic production.
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3 weeks ago | 
guardian.ng | Tobi Awodipe
•Says 84% of previous loans yet to be disbursed’
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has called for transparent and efficient disbursement of the World Bank’s newly approved $500 million under the Community Action for Resilience and Economic Stimulus Programme.
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3 weeks ago | 
guardian.ng | Tobi Awodipe
The Raw Materials Research and Development Council (RMRDC) is seeking the support of the rubber industry regarding the prevention of the export of raw materials from Nigeria through the amendment of its founding Act, among other measures.
The council’s Director-General, Prof. Nnayelugo Ike-Muonso, said this at an investment forum on the development and rehabilitation of the rubber value chain in Owerri.
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3 weeks ago | 
guardian.ng | Tobi Awodipe
• ’14% continental trade value set to plummet even further’ • It’s final nail on coffin of ECOWAS protocol, says Yusuf • Nigeria, others expected to impose counter-tariffs • Obiora warns of fresh spike in prices Further consolidating their breakaway from the regional economic bloc earlier in the year, Mali, Burkina Faso and Niger have slammed a 0.5 per cent levy on imported goods, a decision that is expected to impact negatively on the already low intra-regional trade and weaken the Economic...
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3 weeks ago | 
guardian.ng | Tobi Awodipe
Paying homage to ‘The Igbo Landing’, the mass suicide in 1803 by captive Igbo people who took control of the slave ship they were on, and refused to submit to slavery in Georgia, United States; Gerald Chukwuma’s new body of work, Water Carried Us Here, Water Will Carry Us Away, is currently showing at O’DA Art Gallery. The exhibition, which opened on Saturday, March 8, will run till April 5, 2025.
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3 weeks ago | 
guardian.ng | Tobi Awodipe
• Discusses €1.3b trade investments with EU• Economy achieving stability, minister enthuses
The Federal Government has reaffirmed its commitment to accelerating digital trade under the African Continental Free Trade Area (AfCFTA), urging global partners to support its efforts in expanding market access and economic growth.
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4 weeks ago | 
guardian.ng | Tobi Awodipe
By Tobi Awodipe 27 March 2025 | 3:20 am The Standards Organisation of Nigeria (SON) is ramping up efforts to standardise locally manufactured products, including the widely recognised Made-in-Aba brands, to strengthen their marketability. The Standards Organisation of Nigeria (SON) is ramping up efforts to standardise locally manufactured products, including the widely recognised Made-in-Aba brands, to strengthen their marketability.
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4 weeks ago | 
guardian.ng | Tobi Awodipe
Northern manufacturers are concerned that the high cost of power might lead to more shutdowns. They also decried the worsening energy supply and the high tariff, which is affecting their production.
Fearing the future of companies still managing to operate, they warned that if nothing is done about the escalating energy costs, many more companies will cease operations before the end of this year.
