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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...

Nigerian government seeks new Eurobond

The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...

China accuses India of discrimination over latest app ban

Beijing lashed out at India on Wednesday after it banned another tranche of Chinese apps for national security reasons, the latest sore point between the two nuclear-armed neighbours. Tensions remain high between Beijing and New Delhi after a deadly June clash in a disputed border area that left 20 Indian soldiers dead and an unspecified number of Chinese casualties. India banned 43 Chinese apps on Tuesday — including some from e-commerce giant Alibaba — for threatening “sovereignty and integrity”. China said it had “serious concerns” about the move and India’s “so-called pretext of upholding national security”. “The relevant methods clearly violate market principles and WTO guidelines, and severely harm Chinese companies’ legal rights and interests,” said foreign ministry spokesman Zhao L...

NLC rejects hike in petrol pump price

Nigeria Labour Congress, NLC, Monday, rejected the fresh hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, which took effect last Friday, demanding for immediate reversal. The post NLC rejects hike in petrol pump price 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.

Why Kano governor’s aide gave me donkey – beneficiary

Following recent reports that an aide to governor Abdullahi Ganduje of Kano state, Murtala Gwarmai has shared donkeys to some rural dwellers, a beneficiary says he demanded for it to assist his day to day activities and business that include moving sand and rocks from one point to the other. The post Why Kano governor’s aide gave me donkey – beneficiary 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.

Broadband penetration hits 45.43 percent in Nigeria

The Minister of Communications and Digital Economy, Dr Isa Pantami, says broadband penetration in Nigeria increased to 45.43 per cent in October. Dr Femi Adeluyi, Technical Assistant on Information Technology to the minister, said this in a statement on Wednesday in Abuja. Adeluyi said that this was due to an increase of 4,061,731 broadband subscriptions between September and October 2020. “This increase in broadband penetration has been as a result of conscientious implementation of the National Digital Economy Policy for the overall benefit of the economy to achieve a Digital Nigeria. “The Nigerian National Broadband Plan (2020-2025), along with the harmonisation of Right of Way charges across the states and protection of critical national infrastructure across the country, had a signifi...

PENGASSAN Strike: No need for panic buying – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products following ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on the implementation of the Integrated Payroll and Personnel Information System (IPPIS). Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, quoted Mallam Mele Kyari as saying, in a release, that the industrial action embarked upon by PENGASSAN would not lead to scarcity of petroleum products as all fuel stations and petrol depots in the country have enough stock of products to service consumers and are open for business. While expressing hope that the industrial dispute wo...

NAF partners local engineering coy for improved services

The Nigeria Air Force (NAF) is partnering with over 30 Nigerian universities for research purposes and some Nigerian companies as a way of engaging local content in its operations. The post NAF partners local engineering coy for improved services 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.

Minister: New national forest policy will preserve ecosystems

Dr Mohammed Abubakar, the Minister of Environment. said the new National Forest Policy (NFP), recently approved by Federal Executive Council (FEC), would assist the country in managing and sustaining its vast forest resources. The post Minister: New national forest policy will preserve ecosystems 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.

FAAN to deploy robots in airports

Akintunde Akinleye/Reuters As the country gears up to restart commercial flights, the Federal Airports Authority of Nigeria is set to deploy robots in its airports all over the country. It was gathered that the robots would be used for passenger facilitation processes including profiling, check-ins, temperature checks as well as detection of security threats including dangerous goods and arms. Confirming the development, General Manager, Corporate Affairs, Henrietta Yakubu told newsmen over the phone that the test run of the robots was done at the Lagos Airport on Saturday. “It’s a demo that is going on in Lagos. It’s been demonstrated. If it works fine, it will be adopted,” she said. Meanwhile, the Nigerian Civil Aviation Authority today conducted a simulation flight ahead of the reopenin...

Rivers monarchs accuse IGP of reversing presidential lockdown order

President Muhammadu Buhari has been asked to reverse the order of the Inspector General of Police (IGP) on the movement of agricultural produce, livestock, goods and services in Rivers State. The call was made on Saturday by the Rivers State Council of Traditional Rulers, which noted that the IGP had set up a Joint Technical Task Force at the instance of the Federal Ministries of Agricultural and Rural Development, Defence, Environment as well as various security agencies, to ensure free and unhindered movement of food, livestock, agricultural inputs and others into the State. The State Chairman of the Council, King Dandeson Jaja, speaking on behalf of the council in Port Harcourt wondered why the IGP would unilaterally lift the ban on the Presidential order restricting interstate movement...