CBN, trade ministry speak on AfCFTA trade reforms at Citibank forum

At a recent Citibank forum, Lamido Yuguda from the Central Bank of Nigeria (CBN) emphasized that effective financial intermediation is crucial for the success of the African Continental Free Trade Area (AfCFTA) as intra-African trade grows. The discussion also involved the trade ministry, highlighting the importance of aligning financial systems to support this expansion. This conversation underscores the necessity of robust financial frameworks to facilitate smoother and more extensive trade across Africa, which could significantly boost economic integration and growth on the continent.