• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Monday, July 6
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»News»Nigeria Customs, Afreximbank Expands Ties To Boost Intra-African Trade
News

Nigeria Customs, Afreximbank Expands Ties To Boost Intra-African Trade

By Orientalnews StaffJuly 6, 2026Updated:July 6, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

 

Uche Cecil Izuora

The Nigeria Customs Service and the African Export-Import Bank are strengthening their cooperation aimed at smoothing cross‑border trade and accelerating the African Continental Free Trade Area. The pledge came during a July 3 visit to Abuja by Afreximbank President and Board Chairman Dr George Elombi, who met with Comptroller‑General of Customs Adewale Adeniyi, MFR, at Customs headquarters to assess progress and identify new collaboration points.

Adeniyi said the relationship is rooted in a shared conviction that Africa’s strongest trading opportunities lie within the continent. He credited the partnership with delivering measurable gains in customs modernisation and trade facilitation, citing efforts to harmonise procedures and speed the movement of goods across regional corridors. “From C‑PACT to our ongoing work on trade facilitation, we are turning that conviction into practical cooperation,” he said.

The CGC said the expanded cooperation will back Afreximbank’s regional transit schemes, fast‑track development of one‑stop border posts on major trade routes, and promote adoption of international best practices in customs administration. He noted that early results from the Bank‑supported regional transit projects are already visible and expressed optimism that the closer alignment will boost Africa’s competitiveness and expand opportunities for legitimate trade.

Dr Elombi praised the Customs Service for proactive leadership and institutional commitment to transforming intra‑African trade. “It is nice to see the CGC taking the initiative to drive this kind of engagement. We have the resources, and you have the will. Together, we can make this partnership work for Africa,” he said, pledging Afreximbank’s readiness to scale support for initiatives that ease trade and reinforce AfCFTA implementation.

Both sides also reviewed outcomes from the inaugural Customs Partnership for African Cooperation in Trade (C‑PACT), held in Abuja in November 2025. The event convened customs administrations, development partners and private‑sector stakeholders to harmonise customs processes, build institutional capacity and improve connectivity across Africa’s trading systems, steps Adeniyi and Elombi said will underpin broader efforts to deepen intra‑continental commerce.

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
Orientalnews Staff

Related Posts

Nigeria Dumps 120 Million Tons of Sand into Atlantic to Build Massive City with 8.4 km Sea Wall for Protection Against Ocean Waves and Erosion

July 6, 2026

PufferPay CEO, Emmanuel Ovaga, To Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026

July 6, 2026

Kebbi State Flags Off Groundbreaking Ceremony For 3.5MW Solar Power Project 

July 6, 2026

Leave A Reply Cancel Reply

The latest
  • Dangote Unveils Plans for 700,000-Barrel-Per-Day Oil Refinery in Kenya
  • Uganda’s Oil Refinery Remains on Course as Dangote Spreads Wings into East Africa
  • Bristow Helicopters Launches H160 Helicopter Services In Nigeria
  • Nigeria Dumps 120 Million Tons of Sand into Atlantic to Build Massive City with 8.4 km Sea Wall for Protection Against Ocean Waves and Erosion
  • PufferPay CEO, Emmanuel Ovaga, To Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026
  • Kebbi State Flags Off Groundbreaking Ceremony For 3.5MW Solar Power Project 
  • Nigeria Customs Chief Adeniyi Advocates Digital Customs Integration For AfCFTA Growth
  • Airtel Africa Foundation Intensifies Transformative Initiative On Women Empowerment 
  • Polaris Bank Strengthens Media Excellence In Age Of AI, Empowers 6,200 Journalists
  • Nigeria Customs, Afreximbank Expands Ties To Boost Intra-African Trade
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.