January 20, 2026

AfCFTA

Nigeria, Uganda Airlines Partner To Cut Export Costs By Around 75%

wasiu ayanwola02 mins

The Federal Government has launched a strategic partnership with Uganda Airlines aimed at connecting Nigerian goods more efficiently to AfCFTA markets across Africa. The move is expected to cut air cargo rates by 50–75%, significantly reducing logistic costs for exporters. The partnership was formally announced on Sunday by the Minister of Industry, Trade and Investment,…

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CBN reviews documentation Requirements for PAPSS transactions

MOB02 mins

The Central Bank of Nigeria (CBN) will review the documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. This initiative is part of CBN’s ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency for Nigerians engaging in cross-border payments within Africa. In a circular dated April…

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