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African Continental Free Trade Area Agreement

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

How to pull Nigeria from the brink

On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in the region of $4.4 billion dollars. Bear in mind that this was a conglomerate that posted a $2.6 billion profit in the corresponding quarter of 2019.
Nigeria President Muhammadu Buhari on Thursday approved the recomposition of the Niger Delta Development Commission (NDDC) board after a forensic audit of the organization.

President Buhari tasks ACfTA committee on value addition to raw materials, others

President Muhammadu Buhari on Friday inaugurated members of the National Action Committee for the Implementation of the African Continental Free Trade Area Agreement, urging them to explore ways of adding value to Raw materials available in Nigeria.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Federal government admits border closure cause of rising inflation

The Federal Government has admitted that the closure of the country’s land borders is contributing to rising inflation.
Yutaka Kikuta

Japanese ambassador commends federal government over improved World Bank ranking

The Japanese Ambassador to Nigeria, Mr Kikuta Yutaka, has commended the Federal Government for Nigeria’s improvement in the recently released World Bank’s 2020 Doing Business Index (DBI).

Presidency: Federal government to release N600 billion for capital projects before year end

Special Adviser to the President on Economic Matters, Dr. Yemi Dipeolu, has said that the Federal Government is set to release N600bn for capital projects within the next three months.
President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, have agreed to set up a committee to address the issue compensation to victims of xenophobic attacks in South Africa, it was learnt on Thursday. 3

Xenophobia: Nigeria, South Africa to set up committee on compensation — in pictures

President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, have agreed to set up a committee to address the issue compensation to victims of xenophobic attacks in South Africa, it was learnt on Thursday.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA: Signing of AfCFTA an error

The raging controversies over the signing of African Continental Free Trade Area Agreement by President Muhammadu Buhari got another big voice on Wednesday in person of the Director-General of Nigeria Employers’ Consultative Association (NECA), Mr Timothy Olawale.
The National Council on Privatisation (NCP) on Tuesday declared Transcorp Power Consortium as the winner of the financial bid for the privatisation of Afam Power Plc.

Gencos: African trade agreement will boost electricity generation, supply

The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) Agreement signed last Sunday in Niamey, Niger Republic. by all heads of government of the African Union will boost power generation and supply in the continent.

UN: Foreign investment into Nigeria drops by 43 percent

Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report.

Industrial Council backs President Buhari on Continental Free Trade Agreement

The Industrial Policy and Competitiveness Advisory Council has thrown its weight behind President Muhammadu Buhari’s decision to consult widely before Nigeria signs the African Continental Free Trade Agreement.

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Respite has come the way of the Nigeria Football Federation (NFF), as they are in the coming days to receive $500,000 (about 200 million Naira) from FIFA as a palliative for the Coronavirus Pandemic.

FIFA, WHO, EU launch campaign to help domestic violence victims amid coronavirus lockdown

FIFA, the World Health Organization (WHO) and the European Commission have announced the #SafeHome campaign designed to support women and children at risk of domestic violence during the coronavirus pandemic.
Meng Wanzhou

Canadian court disappoints Huawei over CFO’s case

A Canadian court ruled against Huawei’s chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US on fraud charges.
The Nigerian Air Force (NAF) says its Air Task Force (ATF) for Operation DIRAN MIKIYA has neutralised no fewer than 10 bandits at Sububu Forest area in Zamfara .

Military airstrike kills 30 bandits in Zamfara

The Defence Headquarters says the Air Component of Operation Hadarin Daji has killed no fewer than 30 bandits and destroyed their logistics store in air strikes conducted on Tuesday in Doumborou Forest area of Zamfara.
Lagos State Commissioner for Health, Prof. Akin Abayomi, disclosed this during an inter-ministerial media update on COVID-19 on Thursday in Ikeja.

Lagos conducts assessment to revitalise 329 primary healthcare

As part of efforts geared towards the revitalisation of Primary Healthcare, the Lagos State Government has carried out a comprehensive assessment of no fewer than 329 Primary healthcare centres in the State.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading resumes after Eid-el-Fitr celebration with 0.07% growth

The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.