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Nigeria signs MOU with Brazil on trade, industry

posted in: Africa

Minister Olusegun Aganga PANA Lagos, Nigeria – Nigeria and Brazil have signed cooperation agreements in the areas of trade, industry, skills and finance development in order to deepen existing bilateral economic relations between the two countries. Nigeria’s Industry, Trade and … Read More

Implementation of ECOWAS Common External Tariff starts 1 Jan. 2015

posted in: Africa

Kadré Désiré Ouedraogo, President of the Ecowas Commission PANA Abuja, Nigeria – The ECOWAS Council of Ministers has recommended that the new five-band regional Common External Tariff (CET) become operational on 1 Jan. 2015. Rounding off their extraordinary session Monday in … Read More

Sudan exports 3m sheep to Saudi Arabia during pilgrimage season

posted in: Africa

PANA Khartoum, Sudan – Sudan said it had exported over 3 million sheep to Saudi Arabia, earning the African nation US$200 million, the semi-official Sudan media centre Tuesday quoted Sudanese Exporters Union chief Siddiq Haidoob as saying. Sudan’s naturally-grazed sheep … Read More

Nigeria records 4.8% rise in external trade

posted in: Africa

Dr. Yemi Kale, CEO of the National Bureau of Statistics PANA Lagos, Nigeria – Nigeria recorded a 4.8% increase in external merchandise trade in the second quarter of this year, representing 242.3 billion naira, according to the country’s National Bureau of … Read More