• Free trade will commence when crucial criteria are completed, says Customs
Six months after trading officially commenced under the African Continental Free Trade Area (AfCFTA), Nigeria and some other countries continue to lag behind, having stalled the process to domesticate trade protocols in line with the implementation of the new trade regime.
With the rules of origin yet to be defined, Nigerian exporters and manufacturers are left in the dark on the next line of action as other countries take national positions in safeguarding local industries and expanding regional agenda.
AfCFTA took off on January 1, 2021, but some nations are yet to fashion out the rules of origin, which is the major aspect of the trade framework.
Vanguard News
ICC Africa regional arbitration to hold confab in June
On
By Ebunoluwa Sessou
The 5th ICC Africa Regional has concluded plans to hold a Conference on International Arbitration in June between 1 and 4, 2021.
With the theme, “Arbitration in Africa: Expanding the Scope,” the conference will be organised to virtually in strict compliance with COVID-19 protocols.
In a statement signed by the Conference Director of Logistics and Publicity, Dr Yemi Agbelusi, FCIArb, the conference is the most important gathering for the African Arbitration Community.
According to him, this year’s event will parade an assemblage of top-class speakers to facilitate topical discussions, relevant news, indispensable updates, and networking on International Arbitration in the region.
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Guinness Nigeria announces board changes
The Retirement Of Board Chair, Babatunde Savage, FCA And Appointment Of Dr. Omobola Johnson As Incoming Board Chair.
Guinness Nigeria today announces the notice of retirement of its long-serving and indefatigable Board Chair, Mr. Babatunde Savage by June 30, 2021.
The Company is also pleased to announce arrangements for pioneer Nigerian Minister of Communication & Technology and serving Guinness Nigeria Board member, Dr. Omobola Johnson to be appointed and assume the role of Board Chair with effect from 1st July 2021.
In his letter notifying the Board of his retirement in compliance with applicable Corporate Governance regulations, Mr. Savage expressed his pleasure at the opportunity to have been a part of the wonderful Guinness Nigeria story over the last four decades.
Guinness Nigeria appoints ex-Minister Omobola Johnson new board chair
Ms Johnson, 57, replaces Babatunde Savage, who retires on June 30.
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Guinness Nigeria Plchas appointed Omobola Johnson, a former minister of communication and technology, chair of its board of directors.
Ms Johnson, 57, replaces Babatunde Savage, who retires on June 30. She will take office on July 1, and has been a non-executive director of the company since January 2016, Nigeria’s third-biggest brewer said Friday in a statement seen by PREMIUM TIMES.
Mr Savage is exiting the firm after spending four decades, occupying different strategic senior roles and rising to become an executive director and later the chairman of the board, a position he has held for twelve years.