• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

CBN PAPSS Reforms To Boost Intra-Africa Trade – RMB

by Leadership News
3 months ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Rand Merchant Bank (RMB) has lauded recent reforms by the Central Bank of Nigeria (CBN), particularly, in relation to the Pan-African Payment and Settlement System (PAPSS), as transformative steps poised to unlock trade potential within the continent.

Advertisement

Speaking at the Global Trade Review (GTR) West Africa Conference 2025, the head of Treasury and Trade Solutions at RMB Nigeria, Oluwaseyi Onanuga, emphasised the critical role of financial and regulatory reforms in catalysing intra-African trade and economic resilience.

Speaking on “Ghana, Nigeria and Beyond: Assessing Trade Prospects” he said, “the robust economic reforms initiated by Nigeria’s current administration, such as the removal of fuel subsidies and liberalisation of the foreign exchange market, are commendable. These are key to macroeconomic stability and investor confidence.”

He noted that beyond national policies, regional financial integration initiatives like PAPSS, an African Union-backed payment infrastructure are essential to driving seamless cross-border trade under the African Continental Free Trade Area (AfCFTA).

The GTR West Africa 2025 conference, themed: ‘Financing Growth in West Africa’s Trade Epicentre,’ brought together more than 45 speakers and a host of stakeholders from across the continent to discuss trade finance, supply chains, infrastructure, and policy reforms.

RELATED

Dangote Cement

Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit

60 minutes ago
Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

1 hour ago

RMB’s participation underscored its strategic interest in deepening financial connectivity and trade across West Africa.

With an optimistic outlook, Onanuga said, “as Nigeria and Ghana make critical strides in reform and regional alignment, the future of intra-African commerce is promising. We see a broader, more inclusive trade-finance landscape emerging—one that’s driven by policy innovation, resilient infrastructure, and pan-African cooperation.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Central Bank of Nigeria (CBN)Rand Merchant Bank (RMB)
SendShareTweetShare
Previous Post

Fidelity Bank Grows PBT By 167.8% To N105.8bn In Q1

Next Post

Renaissance Energy, NNPC JV Donates Healthcare Equipment In RSUTH

Leadership News

Leadership News

You May Like

Dangote Cement
Business

Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit

2025/07/29
Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA
Business

Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

2025/07/29
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Market Opens Week Bullish With N400bn Gain

2025/07/29
MONEY MARKET: Assessing MPC’s Interest Rate Hike To Address Inflation
Business

Inflation: MAN Demands Interest Rate Cut

2025/07/29
Lufthansa’s Offload Of Passengers, Luggage Unrelated To Shorter Runway – Airport Official
Business

Lufthansa’s Offload Of Passengers, Luggage Unrelated To Shorter Runway – Airport Official

2025/07/29
air peace
Business

Air Peace Hosts Leadership, Customers’ Retreat For Management Team

2025/07/29
Leadership Conference advertisement

LATEST

Katsina Partners Guardians Worldwide On Landmark Carbon Credit Initiative

Over 600 Spinal Cord Injury Cases Identified In Katsina – SSA

D’Tigress Maintains 10-Year Unbeaten Record At Afrobasket After Hard-Fought Win Over Mozambique

Excitement Builds As FCT FA League Final Holds On July 30

NSC Salutes Tinubu For Honouring Super Falcons With National Awards, Generous Rewards

Ideye: NPFL Summons Enyimba Over Alleged Unpaid Bonuses, Poor Player Welfare

NPFL Has No Sponsors, Says Elegbeleye

Malcomines, Crown Club, Others Win Big At 2025 Bauchi Polo Tourny

S/Falcons Victory Reminder Of Potential In Nigeria’s Sports Sector – Ex-NALDA Boss

Rebrand APC For Victory In 2027, Jigawa, US Chapters Tell Yilwatda

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.