Growth
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...
Former Zamfara deputy governor dumps APC for PDP
Mr Ibrahim Wakkala, immediate past Deputy Gov. of Zamfara, has announced his decision to dump the All Progressives Congress (APC) and join the Peoples Democratic Party (PDP). Wakkala made his decision known at a news briefing on Wednesday in Gusau. “There were several speculations making the rounds for about two years now over where I politically belong; hence I feel this is the right time to put the records straight. “I want to inform you that all this while, whether as a member of G8 group or not, I have remained a full card-carrying member of the APC. “Even though since the time of our crisis in 2019, the party did not consider us relevant as demonstrated, by not inviting or informing us of any of its activities. “I want to formally inform the general public that I have finally thrown t...
Firm restates commitment to enhance financial inclusion
Nigeria-based fintech solution, NowNow, has said that it will continue to upgrade its services to attune to current realities, such that will drive economic and social growth. Founder of NowNow, Sahir Berry, while speaking on how COVID-19 pandemic has disrupted the financial space recently, mentioned that Nigeria needs to strengthen its fintech space more than before. Berry stated that it was important for Nigeria to tap into the trends and prospects of fintech given the country’s large unbanked or underbanked. He added the company recognised this gap in Nigeria, which informed its investment in the space. “In 2017 we identified that one of the two big problems in Nigeria was lack of youth empowerment and financial inclusion. With a population of almost 100 million youths, we found that ac...
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 ...
Lagos government plans internship programme for young graduates
The Lagos State Government on Friday said it was planning a six-month Internship Programme for 4,000 young graduates in the state. Lagos State Governor, Mr. Babajide Sanwo-Olu said this during the inauguration of a 28-room Administrative Block constructed by Agboyi-Ketu Local Council Development Area. Sanwo-Olu said that the 4,000 fresh graduates would be paid a monthly stipend of N40,000 for the six months programme, adding that there was an urgent need for government at all levels to prioritise youth development, empowerment and mentoring. According to him, the recent EndSARS protest must be seen as a wakeup call for government at all levels to do more for young people who are demanding for better opportunities and engagements. ”As we prepare for a new fiscal year, let us ensure that ade...
Bishop: Peter Obi always supportive, shows true leadership
The Bishop of Amichi Diocese, Anglican Communion, Bishop Ephraim Okechukwu Ikeakor, has described the Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr. Peter Obi, as one who has remained supportive to the growth and development of College of Nursing Sciences, Diocesan Hospital, Amichi, Enugu State. Bishop Ikeakor, who is also the proprietor of the College, was speaking when Obi visited the College on Wednesday, November 25. He said that Obi had always showed true leadership even when not occupying any political office. Bishop Ikeakor urged other political leaders to emulate the kind disposition of Obi and continue to invest positively in society. “Obi has always showed strong support, both financial and otherwise, not just to our college, but to e...
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...
Joe Biden urges Americans to be safe during holiday, fight coronavirus pandemic
U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January. “I believe you always deserve to hear the truth from your president. We have to slow the growth of this virus. We owe it to the doctors and the nurses and the frontline workers … We owe it to our fellow citizens,” Biden said. He urged people to forgo big family gatherings, wear protective masks and maintain social distancing. “I know we can and we will beat this virus,” Biden added, acknowledging that Americans are feeling pandemic fatigue. “Life is going to return to normal. I promise you. This will happen. This will not last forever.” T...
Recession: The worse may be possibly over – Lagos chamber
The Lagos Chamber of Commerce and Industry (LCCI) says the nation’s economic contraction of 3.62 per cent of the third quarter against the 6.1 per cent of the second quarter of the year may indicate that the worst is over. The post Recession: The worse may be possibly over – Lagos chamber 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.
Super Eagles performance to be reviewed – minister
The entire Nigerian Super Eagles team will undergo a performance review, according to the Minister of Youths and Sports Development, Sunday Dare. The post Super Eagles performance to be reviewed – minister 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.
Lagos chamber advises central bank on tackling inflation
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices. The post Lagos chamber advises central bank on tackling inflation 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.
Burkinabe president mourns deceased ex-Ghana leader Jerry Rawlings
Burkinabè President Roch Marc Christian Kaboré said he was saddened by the death on Thursday of John Jerry Rawlings, former president of Ghana, saying with his death, Africa has lost a Pan-Africanist. The post Burkinabe president mourns deceased ex-Ghana leader Jerry Rawlings 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.
