Tinubu Hails Afreximbank’s Role in Breaking Africa’s Trade, Financing Barriers
Says Africa must unlock new trade corridors, reduce dependency on imports, others Wale Edun: bank has disbursed over $49bn to economy Oduwole: AATC game changer for Africa’s trade Oramah: We can’t continue to export raw materials, import refined products
James Emejo in Abuja
President Bola Tinubu, yesterday hailed Afreximbank’s role in shaping
Africa’s trade landscape, and commitment to breaking down barriers, bridging financing gaps as well as empowering African businesses to
compete globally. The president said the feats had been accomplished through flagship initiatives including the African
Continental Free Trade Area (AfCFTA) Adjustment Fund managed by the bank’s subsidiary- Fund for Export Development in Africa (FEDA);
the Pan-African Payment and Settlement System (PAPSS), and trade finance programmes. Speaking at the unveiling of the
AFREXIM African Trade Centre (AATC) in Abuja, Tinubu, further Continued on page 32
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No Room for Distractions, It’s Time to Build Our Party, Declares Nenadi Usman Chuks Okocha in Abuja
L–R: Husband of the deceased, Dr. Tunji Olowolafe; Daughter, Olanike Anani; Her husband, Afolabi Anani; Son, Afolabi Olowolafe; and Son, Olufunbi Olowolafe, at the PHOTO: SUNDAY ADIGUN funeral service ceremony of the late Mrs. Gbemisola Olutayo Olowolafe held at RCCG Olive Tree Parish, Banana Island, Lagos, yesterday
The Acting National Chairperson of the Labour Party, Senator Nenadi Usman, has assured party members and supporters of her commitment Continued on page 32
J.P Morgan: Decline in Oil Prices Will Push Nigeria’s Current Account Balance into Deficit
Says foreign portfolio outflows likely to accelerate Fitch: Trade tensions, aid cuts to Nigeria, others won’t trigger downgrades Story on page 32
DEEPENING NIGERIAN-FRENCH SPECIAL RELATIONS...
L-R: Governor of Oyo State, ‘Seyi Makinde ; Governor of Kaduna State, Uba Sani; Governor of Ogun State, Dapo Abiodun; Governor of Lagos State, Babajide Sanwo-Olu; French Minister for Europe and Foreign Affairs, Jean-Noël Barrot; Governor of Kwara State, Abdulrahman Abdulrazaq; Governor of Ebonyi State, Francis Nwifuru; Nigeria’s Minister of Information and National Orientation, Mohammed Idris, and Ondo State Governor, Lucky Aiyedatiwa, during a dinner hosted by the French Minister ahead of French-Nigeria Business Council Summit in Paris.. yesterday