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Full Text of Biden’s Inaugural Speech

Agency Reporter Chief Justice Roberts, Vice-President Harris, Speaker Pelosi, Leader Schumer, Leader McConnell, Vice-President Pence. My distinguished guests, my fellow Americans. This is America’s day. This is democracy’s day. A day of history and hope, of renewal and resolve. Through a crucible for the ages, America has been tested a …

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Nigeria Customs Awaits List of Waiver Under AfCFTA– Official

The Nigeria Customs Service on Tuesday said it was waiting for the National Action Committee (NAC) on the list of duties and charges waived for liberalized goods under the African Continental Free Trade Area (AfCFTA) Agreement. A statement from the Serice said: “Sequel to the ratification of AfCFTA by member …

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AU Recognises Adesina, 10 Others for Supporting AfCFTA

Dr. Akinwumi Adesina, President of the African Development Bank have been honoured for his leadership in successful implementation of the African Continental Free Trade Area(AfCFTA). African Development Bank in a statement, said Adesina received award for strong leadership and support alongside 10 African heads of state and government. The AfCFTA, …

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WAEMU Raises $17bn on Local Market in 2020

Member states of the West African Economic and Monetary Union mobilized a total of CFA9.2163 trillion ($17 billion) on the regional money market last year. This is a record mobilization since 2014, according to data compiled by Ecofin Agency. In total, WAEMU States issued CFA1.6127 trillion worth of securities, both …

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NNPC Nets $120.49m from Oil Exports in September, 2020– Report

The Nigerian National Petroleum Corporation on Sunday announced a total export receipt for crude oil and gas valued at $120.49m for the month of September 2020. NNPC’s Group General Manager, Group Public Affairs Division, Kennie Obateru, said the figure was contained in the September 2020 edition of the corporation’s Monthly …

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AU Purchases 270million Doses of COVID-19 Vaccine

The African Union announced this week it has purchased 270 million doses of the Covid-19 vaccine for the continent. At least 50 million doses will be available between April and June 2021, the body said. “As a result of our efforts, we have so far secured a commitment of a …

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Nigeria’s Inflation Hits 15.75%, Highest in 3 Years

The National Bureau of Statistics (NBS) at the weekend said the nation’s inflation rate had risen from 14.89 per cent in November, 2020 to 15.75 per cent in December. The new rate contained in the data titled “Consumer Price Index December 2020” and posted on NBS’ website represents the highest …

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Nigerian Equities Market Gains N325bn

The Nigerian Stock Exchange All-Share Index, on Thursday, appreciated by 1.54 per cent with the market capitalisation of equities appreciated by N325bn to close higher at N21.42trillion from N21.09trillion. The ASI rose by 622.09 basis points or 1.54 per cent to close at 40,963.14 as against 40,341.05 recorded the previous …

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Nigerian Oil Major Focuses On Condensates To Offset OPEC Cuts

The Nigerian National Petroleum Corporation has decided to focus its attention on condensates production to compensate for lost revenue from oil exports due to the country’s commitment to the OPEC+ production cut deal. Nigerian daily This Day quoted the managing director of the NNPC as laying out this plan, and noting a boost …

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