• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Dr. Efua Asabea Asare CEO of Ghana Export Promotion Authority has disclosed Ghana’s Coconut has placed Ghana in Global Market
    Retired Vice President of Nigeria Yemi Osinbajo has fetched a New Mandate
    African Development Bank and Google Signs Agreement on Digital Transformation
    Contemporary Leadership in Nigeria’s Central Bank will enable to revive Confidence in Nigeria’s Banknotes Tony Elumelu disclosed
    Afreximbank exhorted African Nations to give Premium to Export Trading Companies to strengthen Small Medium Enterprises in International Marketing
    Malawi’s Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market
    $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank
    $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged
    Nigeria’s Telecom Contribution to the Gross Domestic Product (GDP) Hits 16 per cent in the Second Quarter of 2023- report
    Philip Mpango Vice President of Tanzania called for a Global Partnership to address the existing Demographic Emergency

    West African Countries to Investigate Nigeria Border Closure

    Posted On 20 Feb 2020
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Richard Adorsu-

    Nigerian President Buhari
    Photo Credit: Face2faceAfrica

    NEW AFRICA BUSINESS NEWS (NABN), Accra, Ghana- West African countries have agreed to conduct an investigation into the impact of Nigeria’s decision last year to close off its land borders to trade, Nigeria’s presidency said.

    Nigeria has banned the import and export of all goods through its land borders since last August as part of what it describes as a campaign to tackle smuggling. Its smaller neighbors’, many of whom rely on trade with Africa’s biggest economy, have complained that this has caused severe hardship.

    Heads of state from the Economic Community of West African States agreed Sunday night to set up a committee “to study and make a full report on Nigeria’s land border closure with her neighbors’,” said a statement from a spokesman for Nigerian President Muhammadu Buhari.

    There is no timeline for when the report is due, but it is meant to be completed “as soon as possible,” Nigerian Foreign Minister Geoffrey Onyeama said, according to the statement.

    Since taking office in 2015, Buhari has introduced policies aimed at curbing imports and smuggling, to boost local manufacturing. Buhari has also been trying to boost revenues after a 2016 recession slashed income.

    The move to shut the borders followed a decision in July, Nigeria signed the popular African Continental Free Trade Area, to create a $3.4 trillion economic bloc.

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com  .Africa President of the year will be announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

    The Global International Company
    International Business Consultant Company, Specialize With Companies Want To Do Business or Doing Business In Africa & The United States. Contact:  info@theglobalinternational.com

     

    Invest in Modern Africa
    Africa the Fastest Growing Continent in the World. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    Insurance Partners, LLC, A MBowe Group Company
    Travelling Overseas Need Medical Insurance. Global Medical Insurance! Travel Medical Insurance for Individuals, Families, and Groups! Good Plans for Students, Individuals, Groups and Governments. Contact: info@buyusinsurance.com, Visit: https://thembowegroupinc.business.site/

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM

     

     

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    US $1.46 Billion for SGR Project in Tanzania

    Next Story

    Roberts International Airport Highway of Liberia to be Broadened into a Four Lane

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Dr. Efua Asabea Asare CEO of Ghana Export Promotion Authority has disclosed Ghana's Coconut has placed Ghana in Global Market

    Posted On 30 Sep 2023

    Retired Vice President of Nigeria Yemi Osinbajo has fetched a New Mandate

    Posted On 29 Sep 2023

    African Development Bank and Google Signs Agreement on Digital Transformation

    Posted On 28 Sep 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    Dr. Efua Asabea Asare CEO of Ghana Export Promotion Authority has disclosed Ghana's Coconut has placed Ghana in Global Market

    Retired Vice President of Nigeria Yemi Osinbajo has fetched a New Mandate

    African Development Bank and Google Signs Agreement on Digital Transformation

    Recent Posts

    • Dr. Efua Asabea Asare CEO of Ghana Export Promotion Authority has disclosed Ghana’s Coconut has placed Ghana in Global Market
    • Retired Vice President of Nigeria Yemi Osinbajo has fetched a New Mandate
    • African Development Bank and Google Signs Agreement on Digital Transformation
    • Contemporary Leadership in Nigeria’s Central Bank will enable to revive Confidence in Nigeria’s Banknotes Tony Elumelu disclosed
    • Afreximbank exhorted African Nations to give Premium to Export Trading Companies to strengthen Small Medium Enterprises in International Marketing

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.