African Countries
Lagos governor: We are ready to domesticate AfCFTA agreement
Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement. Sanwo-Olu said this on Tuesday when he received the Minister for Industry, Trade and Investment, Mr Niyi Adebayo, on a courtesy visit at the Lagos House, Ikeja. The minister led members of the National Action Committee on nationwide sensitisation on African Continental Free Trade Area (AfCFTA), which the nation entered into to deepen economic integration among African countries. He said that Lagos had observed the processes leading to the adoption of the continental trade agreement and positioned itself for market expansion across areas of collaboration. The governor said the state was ready to take advantage of the AfCFTA for growth, as a local ac...
Chukwuma Soludo: I received 19 threats during banking consolidation era
YouTube The former governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo, at the weekend in Awka, narrated how he received 19 written threats on his life following his decision to embark on banking consolidation in Nigeria in 2004 when he became the boss of the nation’s apex bank. In an interview, Soludo also recalled attempts made to kidnap his children at Offa, Kwara State where they were at the time because many people felt threatened by the policy. He said: “I am a very impatient person to see change happen and I am passionate in anything I focus on. When I was the chief economic adviser to President Olusegun Obasanjo, and the tenure of the former CBN governor ended and I came in. within one month, I announced a 13 – point agenda for banking consolidation. “At...
Minister: When Nigeria receives coronavirus vaccines doesn’t lie in our hands
Since the beginning of January 2021, Nigeria has been expecting the delivery of COVID-19 vaccines, but nothing has happened to date. The World Health Organisation, WHO and GAVI, the Vaccine Alliance, and the Coalition for Epidemic Preparedness Innovations, CEPI, came up with the COVAX initiative to ensure that low and middle-income countries have access to vaccines. But COVAX has not given a precise date for when it will begin distributing the vaccines. Nigeria has put all its hopes on the COVAX Facility. The federal government is also expecting some vaccines from the Africa Union arrangement, expected to deploy from March. This development has attracted criticisms about the government’s readiness and commitment towards ensuring the timely vaccination of Nigerians against the dreaded pande...
Minister: When Nigeria receives coronavirus vaccines doesn’t lie in our hands
Since the beginning of January 2021, Nigeria has been expecting the delivery of COVID-19 vaccines, but nothing has happened to date. The World Health Organisation, WHO and GAVI, the Vaccine Alliance, and the Coalition for Epidemic Preparedness Innovations, CEPI, came up with the COVAX initiative to ensure that low and middle-income countries have access to vaccines. But COVAX has not given a precise date for when it will begin distributing the vaccines. Nigeria has put all its hopes on the COVAX Facility. The federal government is also expecting some vaccines from the Africa Union arrangement, expected to deploy from March. This development has attracted criticisms about the government’s readiness and commitment towards ensuring the timely vaccination of Nigerians against the dreaded pande...
DR Congo’s president becomes African Union chairman
The DRC’s President Félix Tshisekedi has now taken over the helm of the African Union to serve as the chairman for one-year. He replaces his South African counterpart Cyril Ramaphosa, following the AU’s 34th summit on Saturday. But Tshisekedi faces big challenges this year with the coronavirus pandemic hitting health service and economies hard. The continent has so far been hit less hard than other regions, recording 3.5 percent of global virus cases and 4 percent of global deaths, according to the Africa Centres for Disease Control and Prevention (Africa CDC). But many African countries are battling damaging second waves while straining to procure sufficient vaccine doses. African leaders are speaking out against hoarding by rich countries at the expense of poorer ones. “There is a vaccin...
AU welcomes Nigeria ahead of AfCFTA kick-off
The African Union Commissioner for Trade and Industry, Albert Muchanga, said in Addis Ababa on Friday that instruments signifying Nigeria’s entry into the African Continental Free Trade Area (AfCFTA) will be received at the commission’s headquarters shortly ahead of next year’s kick-off of trading. Speaking during the AfCFTA Business Forum 2020 to discuss the status of preparations to launch the continental trading, Muchanga said the launch of trading will facilitate the growth of African enterprise and enhance the capacity of industries producing goods to a wider population. Nigeria, which signed the AfCFTA agreement in 2019, officially ratified the agreement on 12 November. The instruments of ratification are expected to be received at the AU on Saturday, 5 December, the deadline for the...
Centre: Africa’s confirmed coronavirus cases surpass 2.16 million
The number of confirmed Coronavirus (COVID-19) cases in the African continent has reached 2,163,284 as of Monday afternoon, the Africa Centers for Disease Control and Prevention (Africa CDC) said. The continental disease control and prevention agency said in a statement that the death toll related to the pandemic stood at 51,708. A total of 1,831,435 people infected with COVID-19 have recovered across the continent so far, according to the continental disease control and prevention agency. The most COVID-19 affected African countries in terms of the number of positive cases include South Africa, Morocco, Egypt, and Ethiopia, figures from the Africa CDC showed. The southern Africa region is the most COVID-19 affected region both in terms of the number of confirmed positive cases as well as ...
President Buhari: There can’t be development in an insecure environment
President Muhammadu Buhari, on Thursday, underscored the need for adequate security in African countries. He said no growth or development could be achieved an insecure environment. According to a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President spoke while receiving a special envoy of the Algerian President, who is also the country’s Foreign Minister, Mr Sabri Boukadoum, at the Presidential Villa, Abuja. The statement was titled, ‘We’ll deepen economic cooperation with Algeria, President Buhari assures’. Buhari wondered what African leaders will bequeath to the next generation if they could not secure their countries. He said peace, tranquillity and security were essential in African countries. He said, “Unless you secure your environment, you can’t man...
WHO: 1 out of 5 coronavirus deaths in Africa linked to diabetes
The World Health Organisation (WHO), says nearly one in five COVID-19 deaths in Africa is linked with diabetes, according to a study. The post WHO: 1 out of 5 coronavirus deaths in Africa linked to diabetes appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Guinea court declares Alpha Conde elected president
Guinea’s Constitutional Court on Saturday declared incumbent Alpha Conde had been re-elected for a controversial third term as president at the age of 82, while his main opponent called for resistance “by all legal means”. With 59.5 percent of the votes cast, Conde’s support was above the absolute majority needed to win in the first round, judges found, throwing out challenges to the October 18 ballot from figures including his main opponent Cellou Dalein Diallo. The official count from the Ceni national election commission gave Diallo 33.5 percent. But the 68-year-old insists that data his activists gathered at polling stations shows he won the vote and is the victim of fraud. While observers from other African countries have backed the official results, France, the European Union and Uni...
Africa CDC warns of possible second wave of virus infection
The Africa Centres for Disease Control and Prevention (Africa CDC) on Friday urged the African continent to brace itself for possible second wave COVID-19 infections. According to Africa CDC, the number of confirmed cases in the African continent has reached 1,759,794. The continental disease control and prevention agency said in a statement that the death toll related to the pandemic stood at 42,336 as of Friday afternoon. A total of 1,438,841 people infected with COVID-19 have recovered across the continent so far, the Africa CDC said. The most COVID-19 affected African countries in terms of the number of positive cases include South Africa, Morocco, Egypt, Ethiopia and Nigeria. The Southern Africa region is the most COVID-19 affected region both in terms of the number of confirmed posit...
VP Osinbajo urges destination countries to insist on repatriation of illicit funds
Vice President Yemi Osinbajo has urged leaders of destination countries to insist on repatriation of illicit funds and proceeds. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday in Abuja, said the Vice President made the submission at the virtual inauguration of a publication by the UN Conference on Trade and Development (UNCTAD) on the impact of illicit financial flows (IFFs) on African Development. Osinbajo called for an overhaul of the international tax system in order to tackle the scourge. “The enormity of efforts required to tackle illicit financial flows is evident in the many dimensions the scourge presents itself. “It manifests through harmful tax policies and practices, abusive transfer pricing, trade mis-pricing and mis-invoicing illegal exploitation of natural resou...
