The African Development Bank (AfDB), has called for urgent structural reforms to tackle Africa’s deepening economic challenges that include currency depreciation, rising inflation and an escalating import bill. Its Vice-President for Economic Governance and Knowledge Management, Prof. Kevin Urama, told the News Agency of Nigeria (NAN) that global and local factors contribute to the continent’s…
JBS S.A. a Brazilian multinational company, one of the largest meat processing firm, will visit Kebbi on Dec. 9, to evaluate potential areas of collaboration and investment on livestock enterprise. The Kebbi Commissioner for Animal Health, Husbandry and Fisheries, Alhaji Kabiru Usman-Alaramma, made this known while briefing newsmen in Birnin Kebbi on Sunday. “Today, I…
The Tinubu Media Volunteers (TMV) has hailed the Memorandum of Understanding (MoU) signed between Nigeria and France on mining during President Bola Tinubu’s recent state visit to France. Mr Chukwudi Enekwechi, TMV Chairman in a statement on Wednesday in Abuja, said the agreement would go a long way in making Nigeria’s solid mineral sector more…
President Cyril Ramaphosa has expressed South Africa’s interest in collaborating with Nigeria to harness lithium to drive the green energy transition and support the development of electric vehicles (EV) batteries. Ramaphosa said this on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable. He proposed leveraging Nigeria’s vast lithium reserves as…
Nigeria and South Africa have operationalised the Joint Ministerial Advisory Council on Industry, Trade, and Investment to enhance economic cooperation between the two leading African economies. President Cyril Ramaphosa said this at the Nigeria -South Africa Business Roundtable on Tuesday in Cape Town, South Africa. At the roundtable, President Bola Tinubu said that Nigeria was…
The Abuja Chamber of Commerce and Industry (ACCI) has congratulated Dr Ngozi Okonjo-Iweala on her reappointment as Director-General of the World Trade Organisation (WTO), for a second term. Dr Emeka Obegolu, ACCI’s President in a statement described the reappointment as a well-deserved recognition of her exceptional leadership, remarkable vision, and unwavering dedication to fostering global…
President Cyril Ramaphosa of South Africa says tourists from Nigeria can now apply for a visa without submitting a passport. Ramaphosa announced this on Tuesday at the opening of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, which President Bola Tinubu attended. He said South Africa had simplified its visa…
Nigeria and South Africa have agreed to finalise the five-year-old Memorandum of Understanding (MoU) on Early Warning Mechanism, which monitors threats of violence, acts of criminality, and reprisals involving nationals of both countries. The decision was announced in a communiqué released at the end of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC)…
Microsoft is facing a 1 billion Euros ($1.27 billion) legal action from UK businesses over claims it overcharged firms for access to products. The claim filed to the Competition Appeal Tribunal alleges customers using rival cloud computing platforms to Microsoft’s own Azure were charged higher licensing fees to access its Windows Server. It alleges that…
The Nigerian government is seeking South Africa’s backing to attain full membership of the G20, BRICS and the BRICS New Development Bank (NDB). Nigeria is also seeking South Africa’s support to assume leadership roles in thematic discussions of interest under South Africa’s G20 presidency. These requests were made by Amb. Bianca Odumegwu-Ojukwu, the Minister of…
