The African Export-Import Bank (Afreximbank), alongside its African member states say ensuring that critical trade continues to flow uninhibited remains a priority to securing Africa’s food security According to them, this is important because of the prevalent dependency of African economies on external supply of fertilisers and grains asContinue Reading
By Yusuf Yunus Some marketers in the oil and gas industry have commended the Federal Government’s plans to ensure adequate palliatives to reduce the effect of fuel subsidy removal on Nigerians The marketers gave the commendation in separate interviews with the News Agency of Nigeria (NAN) on Monday inContinue Reading
By Kayode Adebiyi Dangote Cement Plc is planning to establish an academy to support the seamless transfer of requisite skills to block makers and artisans in the real estate sector of the economy. Africa’s leading cement manufacturer said the decision was informed by the menace of buildingContinue Reading
By Florence Onuegbu The Lagos State Government, through it Consumer Protection Agency (LASCOPA), has warned filling stations owners on the contravening the Consumer Rights Law. Mr Afolabi Solebo, the General Manager, Lagos State Consumer Protection Agency (LASCOPA), gave the warning in a statement on Friday in Lagos. SoleboContinue Reading
By Lucy Ogalue Nigeria Customs Service (NCS), says it will collaborate with Nigeria Export Processing Zones Authority (NEPZA) and Oil and Gas Free Zones Authority (OGFZA) to accelerate up Nigeria’s economic growth. The Acting Controller-General of NCS, Mr Wale Adeniyi made the pledge when NEPZA’s Managing Director, Prof. Adesoji AdesugbaContinue Reading
By Emmanuella Anokam Vladimir Putin, Russian President, says the Russian Government has written off $23 billion debt burden of African countries. Putin spoke at the plenary session of the ongoing second Russia–Africa Summit 2023 holding from July 27 to July 28. The News Agency of Nigeria (NAN) is one ofContinue Reading
By Salisu Sani-Idris Vice President Kashim Shettima says Nigeria is at a new dawn to chart and re-position its destiny for greatness, considering the measures adopted by the President Bola Tinubu administration to diversify the nation’s economy. Mr Olusola Abiola, Director, Information, Office of the Vice President, in a statementContinue Reading
By Ikenna Uwadileke Prof. Maurice Okoli, the President, Nigerian Community in Russia, has emphasised the need for Africa to leverage on Russia’s huge reservoir of goodwill to develop the continent. Okoli said this in an interview with the News Agency of Nigeria (NAN) on the sideline of the 2nd Russia-AfricaContinue Reading
By Ikenna Uwadileke The African Union (AU) has called for a lasting peace between Russia and Ukraine. The Chairperson of the AU and President of the Union of the Comoros Azali Assoumani made the call at the ongoing 2nd Russia-Africa Economic and Humanitarian Forum. According to him, we must fightContinue Reading
By Ikenna Uwadileke Russian President, Vladimir Putin says Russia is reorienting its transport and logistics flows to the Global South, including Africa. Putin said this at the ongoing 2nd Russia-Africa Economic and Humanitarian Summit in St Petersburg, Russia. “The North-South transport corridor that we are building is designed to provideContinue Reading
