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National Bureau of Statistics NBS

NBS, NPA sign MoU on data collection, analytics at ports

The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities.

AfCFTA: Nigerian government to register more employers associations

The Federal Government said it has put machinery in motion to register more employers associations, besides the Nigeria Employers Consultative Association.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Finance minister charges NEXIM on mandates

The Minister of Finance, and National Planning, Mrs Zainab Ahmed has charged the Board of the Nigerian Export-Import Bank (NEXIM) to pursue relentlessly its assigned Ministerial Mandates with a renewed vigour.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

OPS urges Nigerian government to save economy as insecurity worsens

Members of the organised private sector (OPS) have urged the federal government to rise to the occasion and arrest the worsening insecurity in the country in order to salvage the nation’s economy from a total collapse.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Minister laments decline in Nigeria, South Korea’s trade

The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, yesterday expressed concern over the decrease in volume of trade between Nigeria and South Korea.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN boosts non-oil export with N500 billion facility

The Central Bank of Nigeria (CBN) has set up a N500 billion non-oil export stimulation facility with the Nigerian Export Import Bank (NEXIM) to enable exporters process agriculture commodities into other markets in Africa and globally.

Minister: Rail transportation awakening giant to help run government

Mr Rotimi Amaechi, Minister of Transportation, on Tuesday described the rail mode of transportation as the awakening giant that would run government.

Weak African customs regimes will ‘hinder’ implementing continental free trade agreement

Many African countries have no ability to enforce customs agreements, and this could be a major hindrance to the implementation of the African Continental Free Trade Area (AfCFTA) agreement, its secretary general Wamkele Mene has said.

SMEDAN boss: MSMEs clusters to boost competitiveness, export drive

The Director-General/Chief Executive, Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Dr. Dikko Umaru Radda, has assured that its furniture cluster park, currently under construction at the Industrial Development Centre (IDC), Idu, Abuja, will on completion in 2021, enhance the competitiveness of micro, small and medium scale enterprises (MSMEs) in the country and boost efforts to diversify the economy.
As residents in the oil-rich city of Warri go about their last-minute shopping for the Yuletide, with barely a day to Christmas, business activities were not yet felt in the market due to high cost of goods and services.

Easter: Prices of perishables soar in Lagos markets

Two days to the Easter Celebration, prices of perishable food items have soared in major markets in Lagos, newsmen report.
The bill for the Chartered Institute of Forensic and Certified Fraud Examiners of Nigeria has scaled the First Reading in the House of Representatives .

House raise customs’ revenue target by N214 billion to N1.6 trillion

The house of representatives committee on customs and excise has raised the revenue target for the Nigerian Customs Service (NCS) in the 2021 financial year from N1.465 trillion to N1.679 trillion.
Parliament’s Speaker Sidie Tunis disclosed this on Saturday while delivering his closing address at the delocalised meeting of a joint committee of Parliament.

ECOWAS parliament speaker pleads for prompt payment of community levy

Speaker of the ECOWAS Parliament, Mohamed Tunis, has pleaded for prompt payment of Community Levy by Member States to finance projects across the sub-region.

NEXIM boss: Nigeria needs more functional ports to ease Apapa gridlock

Managing Director of Nigeria Export-Import Bank, NEXIM, Alhaji Abba Bello, says Nigeria needs more functional port terminals to facilitate the export and import of goods, ease the Apapa gridlock, and also expand economic growth and development in other parts of the country.
1. Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement.

Lagos governor: We are ready to domesticate AfCFTA agreement

Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

AfDB: AfCFTA objectives remain elusive, if Africa fails to explore its opportunities

Though the implementation of the African Continental Free Trade Agreement (AfCFTA) promises to transform the economy of Africa, the objective will not be fully achieved if the opportunities offered by the deal are not fully explored.

CBN governor: Trade restrictions policy to protect local industries

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that it was meant to protect local industries from unfavourable competition and to create jobs for Nigerians.
Mr Adeniyi Adebayo, the Minister of Industry, Trade and Investment, says the Federal Government has initiated a process to revive the collapsed industries in Kano State.

Trade minister assures investors on security

The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, has assured investors that the federal government was committed to addressing the problem of insecurity in the country.
Gov. Abdullahi Sule of Nasarawa State has denied media report credited to him that the dislodged Boko Haram insurgents are regrouping in his state, particularly on the Benue-Nasarawa border.

AfCFTA: Nasarawa to establish commodity marketing board

The Nasarawa State Government has concluded plans to establish a commodity marketing board as part of moves to explore the African Continental Free Trade Area (AfCFTA) Agreement for increasing Internally Generated Revenue (IGR) and job creation for the teeming youth population.

NIOB, PSN, 28 others seek more roles for Nigerian professionals

Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
Ghana’s president Nana Akufo-Addo on Monday became the world’s first recipient of a coronavirus vaccine from Covax, a global scheme to procure and distribute inoculations for free for poorer countries.

President Akufo-Addo: Successful Ghanaian diplomacy led to establishment of AfCFTA secretariat in Accra

Successful Ghanaian diplomacy enabled the African Union (AU) to agree to the location in Accra of the Secretariat of the African Continental Free Trade Area (AfCFTA), President Nana Addo Dankwa Akufo-Addo has said.
Manufacturers Association of Nigeria (MAN)

MAN: Nigeria’s economy won’t improve if manufacturing sector doesn’t

The Manufacturing Association of Nigeria (MAN) has tasked the government to boost the manufacturing sector to compete favourably in Africa, especially with the take-off of the African Continent Free Trade Agreement (AFCFTA).
Nigeria Export Processing Zones Authority (NEPZA)

Nigerian government announces additional economic zones for agric, textile

The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic.

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Nearly 20 million more people hit by food crises in 2020

Nearly 20 million more people faced food crises last year amid armed conflict, the COVID-19 pandemic and weather extremes, and the outlook for this year is again grim, according to a report by the Global Network Against Food Crises (GNAFC)
Manchester United legend Roy Keane says fans of the club have reached their “tipping point” over the Glazers’ ownership of the club.

Ashley Young: Manchester United fans’ anger at Glazers goes back years & years

Ashley Young has weighed in on the protests at Old Trafford last weekend, insisting that Manchester United fans' anger at the Glazers "goes back years and years".
I’m Olivier Dubois. I’m French. I’m a journalist. I was kidnapped in Gao on April 8 by the JNIM (al Qaeda North Africa).

French journalist kidnapped in northern Mali appears in video

A French journalist kidnapped by Islamist militants in the northern Mali city of Gao last month has appeared in a video appealing to French authorities to do everything they can to free him.
FILE PHOTO: Chinese Foreign Minister Wang Yi and Kiribati's President Taneti Maamau shake hands during a signing ceremony at the Great Hall of the People in Beijing, China January 6, 2020. Mark Schiefelbein/Pool via REUTERS

Kiribati lawmaker: China plans to revive strategic Pacific airstrip

China has drawn up plans to upgrade an airstrip and bridge on one of Kiribati’s remote islands about 3,000km southwest of Hawaii, lawmakers told Reuters, in a bid to revive a site that hosted military aircraft during World War Two.
Police secures a building after Germany banned the Islamic organisation Ansaar International in Duesseldorf, Germany, May 5, 2021. REUTERS-Erol Dogrudogan

Germany bans Islamic group Ansaar, suspected of financing terrorism

Germany is banning Islamic organisation Ansaar International, which it says has financed terrorism around the world, the interior ministry said on Wednesday.

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I realise N45, 000 monthly – local nail cutter

A 19-year-old man, Mr Ibrahim Kabiru, says he realizes an average of N1, 500 daily, amounting to N45,000 monthly, from cutting and cleaning nails.
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Andriy Shevchenko: I’m still bleeding from Milan’s 2005 Champions League final defeat to Liverpool

Ukraine legend Andriy Shevchenko has revealed that he has still not got over AC Milan’s collapse against Liverpool in the 2005 Champions League final.
Osun Governor Adegboyega Oyetola

Osun to construct perimeter fence in public schools

The Osun government has concluded plans to construct perimeter fence in all public primary and secondary schools in the state to ensure safety of pupils and students.

Nigerian journalist: Why I returned missing $3,000 to owner

Mr Abdulkadir Shehu, a journalist with Progress FM, a private radio station in Gombe, said he returned the $3,000 dollars he found along the road to its owner, because it would be wrong for him to claim it.