2016: Not less than 5 million refugees in Africa

No fewer than five million refugees were in Africa as at 2016 from 2.6 million in 2011, the World Food Programme (WFP) and the Office of the UN High Commissioner for Refugees (UNHCR) said. The Executive Director of WFP, Ertharin Cousin, and the UN High Commissioner for Refugees, Filippo Grandi, in a joint statement issued […]

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African Development Bank (AfDB) Headquarters Source: Reuters

AfDB admire Nigeria’s leadership role in Africa

The outgoing country Director of the African Development Bank (AfDB), Dr Ousmane Dore has said Nigeria’s leadership role in Africa is unquestionable. He commended the country’s exemplary leadership role in Africa through the Directorate of Technical Cooperation in Africa (DTCA), a window for assisting poor and fragile African countries. He who spoke during a brief […]

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We will transform Lagos to Africa’s commercial hub – Ambode

Lagos State Governor, Mr. Akinwunmi Ambode, has said he remains committed to transforming the state from Nigeria’s commercial hub to being the centre of commerce and tourism in Africa, just as London is the hub of commerce and tourism in Europe. He said the vision to create a more prosperous and safer Lagos remained on […]

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Africa poised to become the engine of economic growth says Tony Elumelu

At the 51st Annual meeting of the board of governors of the African Development Bank (AfDB), African philanthropist Tony Elumelu, urged the private sector to tackle unemployment among African youths on the continent. Mr. Elumelu, the Chairman of United Bank for Africa (UBA) and pan-African investment company Heirs Holdings said during a panel session at […]

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Nigeria tops Africa’s petrol imports with 6bn litres in 2015

THE Nigerian National Petroleum Corporation (NNPC) has said that the country imported 6.2bn litres of premium motor spirit (PMS) popularly known as petrol, last year to remain one of Africa’s highest petrol importers. The imports were made through the Offshore Processing Arrangements (OPA), a system whereby NNPC allocates more than 200,000 barrels of crude oil […]

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Buhari, Others To Examine US-Africa Business Relations

President Muhammadu Buhari and other heads of state are expected at the US-Africa 10th Biennial Business Summit to be held next month, the organiser, Corporate Council on Africa, has said. According to a statement on Wednesday, Buhari will lead some top members of his cabinet and top Nigerian business leaders to the summit. The summit, […]

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