By Esther Ososanya Nigeria’s President, Bola Ahmed Tinubu, has conferred one of the nation’s highest honours, the Grand Commander of the Order of the Niger (GCON), on Prof. Benedict Oramah, outgoing President of the African Export-Import Bank (Afreximbank), in recognition of his decade-long transformative leadership and outstanding contribution to Africa’s economic growth. The …
By Esther Ososanya Nigeria and Rwanda have signed a landmark agreement to eliminate double taxation and prevent fiscal evasion on income taxes in a strategic move aimed at deepening economic ties and unlocking private sector-led investment across the continent. The bilateral treaty was signed on the sidelines of the 32nd Afreximbank Annual Meetings in Abuja, …
By Esther Ososanya Afreximbank’s shareholders have appointed Dr George Elombi as the Bank’s next President and Chairman of the Board of Directors, effective September 2025. The announcement was made during the Bank’s 32nd Annual Meetings held in Abuja, Nigeria, on June 28, 2025. A Cameroonian national and seasoned executive, Dr Elombi has been with the …
By Esther Ososanya In a rare and striking speech at the 32nd Afreximbank Annual Meetings, Jason Miller, a top communication strategist and former senior adviser to U.S. President Donald Trump, laid out a bold recalibration of U.S.-Africa trade relations, one grounded in what he called “partnerships over promises.” Addressing policymakers, industry leaders, and investors in …
By Esther Ososanya Africa’s path to industrialisation continues to be blocked by two stubborn barriers: poor electricity access and erratic government policies, according to the verdict from Africa’s leading industrialist, Alhaji Aliko Dangote, who, alongside philanthropist Tony Elumelu and former President Olusegun Obasanjo, laid out a bold, solution-driven agenda to unlock the continent’s economic potential. …
By Sunday Michael Ogwu The Abuja Chamber of Commerce and Industry (ACCI) has applauded President Bola Ahmed Tinubu for signing into law four landmark tax reform bills, describing the development as a “bold and strategic” move to enhance Nigeria’s business environment, attract investment, and build a fairer tax system. The ACCI, in a statement signed …
By Esther Ososanya The Nigeria Export Processing Zones Authority (NEPZA), in collaboration with the Dangote Refinery and key federal stakeholders, has pledged full support for the presidential directive aimed at reducing fuel prices and enhancing national energy security through a crude-for-naira exchange policy. This commitment was made during a courtesy visit by the Presidential …
By Esther Ososanya The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has called for urgent action to unlock the power of digital trade across the continent. Speaking at a side event during the 32nd Afreximbank Annual Meetings in Abuja, Mene described digital trade as one of the most promising tools …
By Rafiyat Sadiq President Bola Ahmed Tinubu on Thursday signed into law, four major tax bills recently passed by the National Assembly. The signing ceremony, which took place at the Presidential Villa in Abuja was witnessed by the leadership of the National Assembly, including Senate President Godswill Akpabio and Speaker of the House of Representatives …
By Esther Ososanya Africa is being held back by flawed external credit ratings that overlook its true economic realities, says Dr. Yemi Kale, Group Chief Economist at Afreximbank. Speaking during the public presentation of the 2025–2026 Trade and Economic Outlook Report in Abuja at the AAM 2025, Dr. Kale warned that Africa’s cost of …
