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Report: AfCFTA To Push Nigeria, Other Economies To $29tn

African Continental Free Trade Area (AfCFTA)
The elimination of tariff following the introduction of the African Continental Free Trade Area Agreement (AfCFTA) is expected to boost intra-African trade by 52 per cent and help Nigeria and others benefit from a $29 trillion market by 2050. According to a report by Ernst and Young (EY), titled: “Diversification and Non-oil Export Opportunities for Nigeria States Post-COVID-19,” which was commissioned by the PDF Bridge Programme, through the elimination of tariffs, the enlarged continental market will attract higher FDI flows into the continent to support infrastructure development, increase productivity, support diversification, value addition and structural transformation. The emerging economic prosperityRead More

Cancer Cases In Africa Hits 846,000, Says WHO

World Health Organisation (WHO)
The World Health Organisation (WHO) has expressed concerns about cancer cases in Africa, saying that the incidences have more than doubled, from 338,000 cases reported in 2002 to almost 846,000Read More

Be Good Neighbour, Buhari Tells Benin Republic

President Muhammadu Buhari
President Muhammadu Buhari has stressed the need for Benin Republic to be a good neighbour to Nigeria. The president, while hosting his Beninoise counterpart, Mr. Patrice Talon, stressed the importanceRead More

Analysts Project Nigerian Banks To Emerge Highest AfCTA Beneficiaries

African Continental Free Trade Area (AfCFTA)
High electricity tariff will deny Nigeria benefits, say manufacturers With the commencement of the African Continental Free Trade Area (AfCFTA) agreement on January 1, 2021, analysts and stakeholders have expressedRead More

New Study Explains Why Africa Defied Dire Predictions To Survive Deadly COVID-19

COVID-19
Experience in managing previous infectious diseases like Ebola, Tuberculosis, Lassa fever comes handy Timely lockdown, early surveillance, contact tracing at airports help Exposure to similar viruses in the past mayRead More

Ethiopia PM Orders Final Offensive Against Tigray Leaders

Ethiopia Prime Minister, Abiy Ahmed
Prime Minister Abiy Ahmed on Thursday ordered Ethiopia’s army to launch a final offensive against Tigray’s leaders in their regional capital Mekele, saying the window for their surrender had expired.Read More

EX-Ghanaian President Rawlings Dies Of Coronavirus

EX-Ghanaian President, Jerry Rawlings
Former Ghanaian President Jerry Rawlings was died yesterday at the age of 73. Reports from Ghanaian media said he died of coronavirus-related complications. The former leader had last month buriedRead More

Ivory Coast: Tempers, Stakes Run High For Saturday Polls

Ivory Coast Presidential Election
As a sitting president readies to go for a controversial attempt at re-election, Ivory Coast’s political landscape looks increasingly hazy. Will a third bid for Ouattara prove to be theRead More

Don’t Elongate Your Tenure, Buhari Urges ECOWAS Leaders

President Muhammadu Buhari
President Muhammadu Buhari has urged ECOWAS leaders to adhere strictly to the tenure prescribed in the constitution of their countries. He said given the prevailing economic crises in the sub-region,Read More

FG Warns Ghana Over Harassment of Nigerians

Minister of Information and Culture, Alhaji Lai Mohammed
The Federal Government has warned the Ghanaian authorities that it would no longer tolerate the incessant harassment and acts of hostility towards Nigerian citizens in Ghana. The Minister of InformationRead More