Tag: TRADE

Stable Naira: “International partners ready to help Nigeria” – Treasury Secretary

Aminu Imam

…Tasks new CBN governor on strategy to address exchange rate United States Deputy Secretary of Treasury, Wally Adeyemo, has disclosed that the international bodies/partners were ready to help Nigeria towards addressing the exchange rate. Adeyemo disclosed this at a media parley in Lagos on Tuesday, while on a visit to Nigeria to highlight the economic and cultural ties between the two countries. This comes as he expressed hope in the appointment of the new governor of the Central Bank of Nigeria (CBN), urging him to come up with a clear strategy…

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Australia reaches deal with China that could end barley trade dispute

Abdul-Azeez Ahmed Kadir

The Australian government has reached a deal with China that could lead to the lifting of tariffs on barley that was introduced in 2020. The Australian foreign affairs and trade ministries said this jointly on Tuesday that the deal would create a pathway toward resolving the dispute. Australia said China agreed “to undertake an expedited review of the duties’’ over the next three to four months. During this time, Australia will suspend its proceedings against Beijing before the World Trade Organisation (WTO). “If the duties are not lifted at the…

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