Nigeria, June 26 -- The Central Bank of Nigeria (CBN) and the Federal Ministry of Industry, Trade, and Investment have called for stronger private-sector participation in policy formulation.

The two institutions said greater business input is needed to reduce cross-border trade barriers and accelerate the implementation of the African Continental Free Trade Area (AfCFTA).

The call was made at a business symposium organised by Citibank in Abuja, where policymakers, regulators, financial institutions, and business leaders from Nigeria, Ghana, and Cote d'Ivoire discussed ways to expand trade along West Africa's major economic corridors.

Speaking at the event, the Deputy Governor for Financial System Stability at the CBN, Lamido Yuguda, sa...