Monday, June 27, 2022

ECONOMY

Only Africans can best solve Africa’s problems — Afreximbank President

0
Prof. Benedict Oramah, President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank) says “Africa’s problems are for Africans to solve.” A statement signed by Amadou Sall, Afreximbank’s media contact on Thursday, said Oramah spoke at the start...

Bambara nut: Solution to world hunger – Association

0
The President, National Bambara Nut Producers, Processors and Marketers Association (NABAPPMA), Igwe Ezedioramma Aniagu,  says Bambara nut is the solution to world hunger. Aniagu made this known at the sideline of the official inauguration of 11 new member associations to...

East Africa faces ‘highest living costs in decades’ – Report

0
The World Bank has slashed its annual forecast for global economic growth, warning that some countries are facing a major recession because of Russia's war in Ukraine and coronavirus. The bank said eastern Africa and some parts of Europe were...

Nigeria’s cocoa production to hit 500,000 tonnes by 2024

0
The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, has reiterated the commitment of the Federal Government to increase Nigeria’s cocoa production from the present 340,000 tonnes to 500,000 tonnes by 2024. A statement by Mr Mohammed Gana, Information...

Economic growth to decline to 3.7% in Sub -Saharan Africa in 2022 – World...

0
The World Bank says economic growth in Sub-Saharan Africa (SSA) is expected to decline to 3.7 per cent in 2022 as against 4.2 per cent recorded in 2021. This is according to the World Bank’s latest Global Economic Prospect Regional...

Buhari, Kyari showcase oil, gas investment opportunities in Spain

0
Malam Mele Kyari, Group Managing Director, NNPC Ltd., has reiterated the commitment to sustain the strategic energy partnership between Nigeria and Spain. Kyari made this known while addressing Nigerian and Spanish business leaders on investment opportunities in the Nigerian Oil...

AU chairman heads to Russia for grain supply talks

0
The head of the African Union, Senegal's President Macky Sall, is travelling to Russia to discuss the food crisis caused by the war in Ukraine. President Sall's office said the visit was aimed at freeing up stocks of cereals and...

Namibia to raise fuel prices in June

0
Namibia on Monday announced that it will raise the price of petrol by about 14 per cent and diesel by 7.5 per cent in June. Ministry of Mines and Energy (MME) said the increase will take effect on June 1,...

Nigeria Customs will generate $176bn in 20 years through e-Customs project —CGC

0
The Nigeria Customs Service (NCS) says it will generate a whopping revenue of $176 billion over the next 20 years through the implementation of e-customs project. The NCS Comptroller-General, retired Col. Hameed Ali, disclosed this on Monday in Abuja during...

Nigeria to enjoy preferential trade access to U.S. market— Envoy

0
By Ezekiel Obi (ABUJA) The U.S. Ambassador to Nigeria, Mary Leonard, says Nigeria will continue to be eligible for preferential trade access to U.S. market under the African Growth and Opportunity Act (AGOA). Leonard said this when she visited the Minister...

- Advertisement -

MOST COMMENTED

Uganda suspends operations of 54 NGOs

0
Ugandan government announced on Friday it had halted the activities of 54 non-governmental organisations, a major escalation of its efforts to tighten control over...

HOT NEWS