The Economic Commission for Africa (UNECA) has reported that the implementation of the African Continental Free Trade Area (AfCTA) agreement increased intra-African trade by 20% in 2022. The Executive Secretary of the commission, Antonio Pedro, made this disclosure at the 9th session of the African Regional Forum on Sustainable Development held in Niamey, Niger Republic. […]
…As Buhari canvasses more support for farmers The African Development Bank Group (AfDB), on Wednesday hinted of its plans to commit $10 billion over the next five years to boost Africa’s efforts to end hunger in the continent and transform it into a primary food provider for itself and the global community. The […]
A new report by the African Development Bank (AfDB), the African Union (AU) and the United Nations Industrial Development Organization (UNIDO) has revealed that Nigeria, commonly rated as the ‘Giant of Africa’, did not rank among the fast-growing industrial countries in Africa. The just published Africa Industrialization Index (AII) report indicated that 37 out of […]
Nigerians in Diaspora have commended the African Development Bank (AfDB) for its funding and capacity building supports for key projects critical to the socio-economic transformation of Nigeria and other countries in Africa. A statement issued by the Nigeria Country Department of the bank on Friday, indicated that the representatives, who comprised women and youth groups, […]
Nigeria’s Vice President, Prof. Yemi Osinbajo, has charged the Nigerian judiciary officers to embrace technology and innovation for efficient justice delivery system in the country. A statement signed by his spokesman, Laolu Akande, quoted the Vice President as giving the charge in a pre-recorded speech as guest speaker at the 2021 Annual Law Week of […]
The National Bureau of Statistics (NBS) on Tuesday signed Memorandum of Understanding (MoU) with the Nigerian Ports Authority (NPA) as part of its collaborative initiatives with stakeholders in the nation’s political economy to enhance the nation’s statistical system. In his remarks during the pact with the NPA, the Statistician General of the Federation, Dr. Yemi […]
The Lagos Chamber of Commerce and Industry (LCCI) on Sunday canvassed the need for the Federal Government to create an independent dispute resolution framework to manage conflicts between the Nigeria Customs Service (NCS) and the business community. The Director-General of LCCI, Dr Muda Yusuf, in a statement maintained that the presidential intervention had become inevitable, […]