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Nigeria, Angola cut oil export
African oil producers Nigeria and Angola have revised downwards their crude oil export programmes for May and June to align themselves with a global production cut deal led by OPEC, loading programmes showed.
How Africa risks reeling from a health crisis to a food crisis
In Nigeria’s Benue state, the food basket of the country, Mercy Yialase, sits in front of her idle rice mill. Demand is high across the nation, but she already has mounds of paddy rice that are going nowhere amid the COVID-19 lockdown.
Cyril Ramaphosa calls for end to sanctions against Zimbabwe, Sudan to help fight coronavirus
President Cyril Ramaphosa has again called for the economic bans against Zimbabwe and Sudan to be lifted as the continent grapples with Covid-19 and its economic impact.
Nigeria cuts March crude prices as export to China shrinks
The Federal Government has slashed the price of crude oil export for the month of March as no Nigerian cargo is sailing to China in February.
Customs chief says non-compliance challenge to Nigeria’s trade
The Nigeria Customs Service (NCS) said Nigeria’s biggest problem in trade facilitation and processing was non-compliance by stakeholders.
Six governors, others for NEXIM South-South enlightenment campaign
The Nigerian Export-Import Bank (NEXIM) will hold a three-day enlightenment and engagement programme in Asaba, the Delta State capital, for the six states in Nigeria’s South-South.
Yung6ix calls out MI over nonsupport
Popular Nigerian rapper Onome Onokohwomo a.k.a Yung6ix took to his twitter handle to express his grievances towards Nigerian rapper MI Abaga.
Zambia okays Indian hemp for medicinal use, export
Zambia on Monday decided to allow the cultivation of cannabis for export for medicinal purposes, a government spokesperson said.
Leather industry has potential to boost foreign earnings – minister
The Minister of Science and Technology, Dr Ogbonnaya Onu, said the Nigerian leather industry has the potential to increase the nation’s foreign earnings.
India bans e-cigarettes
India has banned e-cigarettes because they endanger the health of youths in the country, the Federal Finance Minister, Nirmala Sitharaman, said on Wednesday.
Ministers Amaechi, Saraki interact with maritime stakeholders
The Minister of Transportation, Mr Rotimi Amaechi, on Thursday said that the Minister of State for Transportation, Sen. Gbemisola Saraki would personally be in charge of all maritime agencies.
New US, China tariffs take effect on each other’s exports
The U.S. and China imposed new tariffs on each other's exported goods on Sunday, the latest skirmish in the lengthy and contentious trade war between the world's two biggest economies.
Nigeria’s non-oil export soars to $3.16 billion
The Federal Government, on Thursday, celebrated its non-oil export commodities earnings which, it said, rose from U$1.17billion in 2016 to US$3.16billion in 2018.
SEC shuts down Ponzi scheme in Kano
The Securities and Exchange Commission (SEC) has sealed off the premises of Dantata Success and Profitable Company, Kano for engaging in illegal capital market activities,
Federal government to raise daily crude oil production by two million barrels
Emmanuel Ibe Kachikwu, the Minister of State, Petroleum Resources, has said that the Egina FPSO project, once commissioned this month, will increase Nigeria’s daily crude oil production by 200, 000 barrels.
Udoma Udoma: Federal government committed to expanding export of locally produced goods, services
The Minister of Budget and National Planning, Senator Udoma Udo Udoma says the Federal government is committed to the diversification of the country’s economy away from dependence on oil and gas.
NEXIM Bank’s N37bn agro-commodities export project takes off
The Nigerian Export-Import Bank has earmarked the sum of N37 billion to develop and support export commodities from primary production to the exporting stage nationwide.
Chinese imports from Africa hit global high in 2018
Trade import and export volumes between China and countries from Africa reached 116 billion dollars in the first seven months of 2018 – up 18.7 per cent year-on-year.
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Medical council validates four coronavirus test kits – registrar
The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Nigerian celebrities mourn deceased Majek Fashek
Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda set to announce new coronavirus restrictions
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigeria declares telecoms facilities critical national Infrastructure
In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot
Alliance for Surviving COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Muhammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion contradicts the figures earlier released by his own officials.
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Manchester United confirm Odion Ighalo loan extension until January 2021
The striker arrived from Chinese Super League club Shanghai Shenhua on a temporary loan deal on the final day of the January transfer window, to provide Ole Gunnar Solskjaer with cover for the injured Marcus Rashford who was sidelined with a back issue.
Austria gives go-ahead to crowd-free F1 races
Formula One can start its season in Austria with two races behind closed doors on July 5 and 12, the country’s health ministry said on Saturday.
English Championship sets provisional June 20 restart date
England’s second tier Championship plans to resume play on June 20, more than three months after it was suspended due to the COVID-19 pandemic, the English Football League (EFL) said on Sunday.
Wilfred Ndidi ready for Premier League restart
Leicester City midfielder Wilfred Ndidi is keen for action to restart in the English Premier League and insisted that the squad is in good physical shape despite the coronavirus lockdown.
Kaduna takes delivery of coronavirus mobile testing truck
The government said on Saturday it was still awaiting the delivery of equipment that would enable the truck and 12 GeneXpert machines in the several general hospitals to increase the number of testing labs.