The National Association of Nigerian Traders (NANTS) has examined the recent Nigeria-China currency swap deal which has been in the pipeline since 2016 and was finally consummated on April 27, 2018. WE recall specifically that that on April 13, 2016, the Central Bank of Nigeria (CBN) and the Industrial and Commercial Bank of China Ltd […]
Preceding the Extra-ordinary Summit in Kigali which held in March 2018, the African Union (AU) had organized a Business Forum on the African Continental Free Trade Agreement (AfCFTA). During the forum, the business community pledged its support for the AfCFTA while some African leaders pledged their political will to engage the private sector in the […]
1.0. Overview of CAADP and Africa’s Public Spending inAgriculture Africa has been identified as the current second fastest growing region in the world with GDP growth rate of 5.2% (3.9% pre-CAADP) and per capita GDP growth of 2.3% (1.3% pre-CAADP)1.This implies that overall GDP almost doubled and per capita GDP rose by around 35%. This […]
Background/Introduction. Small Scale Farmers (SSFs) in Nigeria make up the greater number of the country’s workforce population and produce over 80% of the food consumed in the country. The Nigerian agricultural sector is second largest contributor (about 24%) to the nation’s Gross Domestic Product (GDP). Nonetheless, these farmers appear to be the poorest constituency in […]