Home Topics African Continental Free Trade Area Agreement
African Continental Free Trade Area Agreement
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.
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 Federal Government has admitted that the closure of the country’s land borders is contributing to rising inflation.
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).
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.
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 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.
Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report.
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.
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.
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 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.
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 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.
Former Leicester City forward and Nigeria captain, Ahmed Musa has opened up on his journey to stardom and the difficulties he faced.
The Governor of Zamfara State, Bello Matawalle, on Wednesday, suspended the planned expulsion of street children known as almajiris from the state.
Experienced former referee Eduardo Iturralde González has claimed that 90 percent of officials within the nation are fans of Real Madrid.
The Central Bank of Nigeria (CBN) has rescheduled it’s Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28.
Nikoloz Basilashvili, Georgian tennis star, ranked 27th in the world, was charged on Sunday with physically assaulting his ex-wife.