The Nigerian Office for Trade Negotiations (NOTN) on Tuesday proposed the validation of the Conditional Revised Offer for Specific Commitment for the Protocol on Trade in Services enshrined in the African Continental Free Trade Area (AfCFTA) Agreement. The purpose of the meeting, the Director General/Chief Trade Negotiator (DG/CTN), Ambassador Yonov Agah was to enhance relevant…
A devastating drought, caused by climate change, is pushing over 27m people in Southern Africa to the brink of starvation. That is the fear expressed by the United Nations. The alarm is contained in the statement issued on Tuesday by the UN World Food Programme (WFP). The statement warned about the escalating humanitarian crisis in…
After two consecutive months of decrease, Nigeria’s headline inflation in September 2024, rose to 32.70 per cent against the 32.15 per cent recorded in August 2024. According to the September Consumer Price Index (CPI) report, the figure represents a marginal increase of 0.55 per cent against the figure in August. The report released on Tuesday…
To revitalise the agricultural sector, and create employment opportunities, the federal government through the Special Agro-Industrial Processing Zones Programme has announced a $1bn agricultural investment target and the creation of 500,000 jobs by 2027. In partnership with development financing institutions, including the African Development Bank (AfDB), the International Fund for Agricultural Development (IFDB), and the…
The Nigeria Centre for Disease Control and Prevention (NCDC) has reported a significant surge in Lassa fever cases, with Ondo and Edo states accounting for nine new confirmed cases. The NCDC stated this on its official website, based on the latest Lassa Fever Situation Report. The agency said that this marked an increase from four…
Comptroller-General of Customs (CGC), Bashir Adeniyi has said its meeting with the Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene has created an opportunity to address bottlenecks in fostering trade facilitation. Adeniyi‘ meeting with Mene occurred on the margins of the Biashara Afrika 2024 forum, hosted in Kigali, Rwanda from October…
A former Special Adviser to the late President Umar Yar’Adua on Media and Publicity, Olusegun Adeniyi, in Abuja said the informal sector of the economy not protected by the Nigeria’s labour laws. Adeniyi said this at a lecture to mark the new Legal Year 2024/2025 of the National Industrial Court with the theme “Is There…
The International Monetary Fund (IMF) has said that Nigeria, Ethiopia, Cameroon, South Africa, and Somalia are seeking $600bn in climate financing support from financial institutions. The Washington-based lender also said that Nigeria is struggling to attract climate-related Foreign Direct Investments (FDI) due to its inability to end parallel foreign exchange rates and other policy uncertainties….
The Kaduna State Primary Healthcare Development Agency has recorded one death out of 86 suspected cases of cholera. The Director of Public Health, Hamza Ibrahim -Ikara, disclosed this on Thursday. He stated that for the past five months, the country experienced outbreaks of cholera in 30 states. He said, “We have not recorded any case…
The Nigeria Customs Service (NCS) Lilypond Export Command (LEXC) has announced gains to the tune of over $937m in export activities for the third quarter (Q3) of 2024. The NCS disclosed this in a statement on Thursday, shared via its social media handle. It said that the achievement followed the consolidation of all export seats…
