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AfCFTA is a tool to create opportunities for African businesses and drive the continent’s industrialization, economic diversification and development, Mr. David Luke, Coordinator of the Africa Trade Policy Centre (ATPC) at the Economic Commission for Africa (ECA), explained.
South African President, Cyril Ramaphosa, has put the blame of the persistent killing of Nigerians in his country on criminality and not xenophobia, vowing to bring perpetrators to book.
Following the killings of many Nigerians in renewed xenophobic attacks in South Africa, President Cyril Ramaphosa of that country, on Tuesday, said he was in Nigeria to meet with President Muhammadu Buhari on the disturbing situation which, he said, was capable of hurting the recently-signed Continental Free Trade Agreement (CFTA).
The International Monetary Fund (IMF) has said in spite of Nigeria, Africa’s biggest economy, opting out of signing on to the African Continental Free Trade Area (AfCFTA), the benefits of the trade pact to the region are still enormous.
The International Monetary Fund (IMF) has welcomed the stability recorded in Nigeria’s foreign exchange market, just as it urged the Central Bank of Nigeria (CBN) to continue to push for a unified exchange rate regime.
The objection raised by the Nigeria Labour Congress (NLC) to Nigeria becoming a signatory to the framework agreement for establishing the African Continental Free Trade Area (CFTA) has cast an air of uncertainty on the fate of the trade deal, and has been blamed for President Muhammadu Buhari’s sudden cancellation at the weekend of his scheduled trip to Kigali, Rwanda, Monday.
Indications emerged on Sunday that President Muhammadu Buhari cancelled his scheduled trip to Kigali, Rwanda, because enough consultation was not made before the Federal Executive Council approved the signing of the framework agreement for establishing the African Continental Free Trade Area.
Federal Government has said that the proposed launching of African single trade market would not affect Nigerian economy as adequate measures were being put in place to protect the economy.
Nigeria has joined 37 other countries to sign a joint declaration on Economic Cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina, on the sidelines of the World Trade Organisation (WTO) 11th Ministerial Conference.
The Minister of Foreign Affairs, Geoffrey Onyeama, has called for a joint declaration by the African Union and European Union on the issue of slave trade and other crimes against humanity in Libya.
Minister of Foreign Affairs, Geoffrey Onyeama, has called for a joint declaration by the African Union and the European Union (EU) on the issue of slave trade and other crimes against humanity in Libya.
Vice President Yemi Osinbajo has called for greater integration of African economies to enable the continent to develop free trade among AU member nations.
The Charity and Tourism Club, a Community Development Service (CDS) group of the National Youths Service Corps (NYSC), has donated assorted food items, clothes and an undisclosed amount of money to the Sokoto Orphanage.
Leon Balogun will miss Super Eagles friendly against Uganda in Asaba on Tuesday after he was allowed to return to Europe, officials have said.
Russia is planning to sign a partnership agreement with the Organisation of the Petroleum Exporting Countries (OPEC), Energy Minister Alexander Novak said on Monday.
The National Examinations Council (NECO) has announced an extension of time for applicants wishing to register as walk-in candidates for its November/December 2018 SSCE examination.
Delta State Governor, Senator Dr Ifeanyi Okowa has described the first international flight into the Asaba International Airport as momentous as it brought back the Super Eagles from South Africa after qualifying for the Africa Cup of Nations (AFCON).
Tanzanian Vice President Samia Suluhu Hassan on Saturday presided over the inauguration of the paramilitary group tasked with combating poaching and illegal trafficking of wildlife organs and products.
Chelsea's Eden Hazard is destined to win the Ballon d'Or in the near future, according to former team-mate Joe Cole.
Nasiru Ingawa, Special Adviser to ex-Governor Ibrahim Shema of Katsina State on SURE-P, on Tuesday told a Federal High Court in Katsina how Shema allegedly directed him to use about N5.7 billion state SURE-P funds for politics during his tenure.
Roger Federer will have to do it the hard way if he is to win a record-extending seventh crown at the ATP Finals after an error-strewn 7-6 (4) 6-3 defeat by Kei Nishikori on Sunday.
The United Nations said they are committed to ensuring the credibility of 2019 general elections. The United Nations special representative of the Secretary General for West Africa and the Sahel, Mohamed Ibn Chambas disclosed this yesterday.