Africa

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 …

Read More »

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, …

Read More »

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 …

Read More »

Nigeria Postpones Resumption Schools Indefinitely

Nigeria’s Minister of Education Adamu Adamu has announced an indefinite postponement of resumption by schools which was earlier slated for January 18. The decision, according to Adamu at a press conference in Abuja on Tuesday, is due to the recent surge of the coronavirus pandemic after the country declared the …

Read More »

African Leaders Optimistic as Trade Begins Under AfCFTA

African leaders have expressed hope for economic prosperity under the African Continental Free Trade Area (AfCFTA) as trades started among 34 member countries which had ratified the agreement. The single African market was declared operationalised on Januray 1, 2021 following the approval by the African Union at a virtual meeting. …

Read More »

UK Pledges £47m Aid to Eight African Countries

The United Kingdom is releasing £47 million in aid to provide food, nutrition, water and shelter for vulnerable families in nine countries and regions. It said £7m of the funding will be made available in Nigeria through the World Food Programme and is estimated to reach 430,000 individuals with unconditional …

Read More »

IMF Ranks Nigeria 1st in Africa, 26th in the world

Nigeria stands as the number one country in Africa in the International Monetary Fund, IMF, 2020 World Economic Outlook’s ratings of countries. Using countries’ GDPs, IMF ranked Nigeria among the first 26 countries in the world in the same position with an average 442,976 million U.S. dollars. Countries are sorted …

Read More »

Only God Can Effectively Supervise Nigeria-Niger Border– Buhari

Only God can effectively supervise Nigeria’s border with Niger Republic, President Muhammadu Buhari said Tuesday. The president painted the seemingly hopeless situation in the State House while hosting former Vice-President Namadi Sambo, who chairs ECOWAS Election Mission to Niger Republic. A statement by the president’s media adviser, Mr. Femi Adesina, …

Read More »