EU admits G20 economies will miss extra growth target

European Union finance ministers admitted on Saturday that the world’s 20 biggest economies (G20) will miss their target of generating additional economic growth through reforms by 2018 and called for reflection on why they have failed. G20 economies agreed in 2014 to boost growth in their economies by at least an additional 2 percent over […]

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Brexit may slow down capital flows into Nigeria – Economist

Capital inflows into frontier markets, including Nigeria, may slow as investor confidence has been severely undermined by the uncertainty created by Britain’s vote to leave the European Union. In a report by Punchng, The Sub-Saharan Africa Economist, Renaissance Capital, Yvonne Mhango, stated this in an emailed note on the potential effect of Brexit on the […]

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US relationship with Britain, EU enduring, says Obama

Britain and the European Union will both “remain indispensable partners for the United States”, President Barack Obama says, following a vote by Britain to leave European Union. “The people of the United Kingdom have spoken, and we respect their decision”, Obama says, noting the “special relationship” between the US and Britain and pointing to its […]

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We regret but respect your decision – EU leaders tell UK

The leaders of the European Union (EU) have expressed regret over the decision of Britain to leave the union but say they respect the decision of the people. This is contained in a joint statement issued by the EU leaders on Friday in Brussels obtained from the Delegation of the European Union to Nigeria and […]

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David Cameron resigns after UK votes to break from European Union

David Cameron has resigned, bringing an abrupt end to his six-year premiership, after the British public took the momentous decision to reject his entreaties and turn their back on the European Union, reports by Guardian UK. Just a year after he clinched a surprise majority in the general election, a visibly emotional Cameron, standing outside […]

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Pres. Buhari commends Jonathan at EU parliament’s plenary Session

President Muhammadu Buhari yesterday commended his predecessor, President Goodluck Jonathan for relinquishing power after losing the 2015 general election which ensured that Nigeria remained peaceful despite predictions of tension before the elections. The president lauded Jonathan while speaking at the European Union parliament’s plenary session in Strasbourg, France on Wednesday, February 3 while further stating that […]

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Buhari assures European Union on human rights protection

PRESIDENT Muhammadu Buhari on Wednesday in Strasbourg, France, assured the European Union that his administration was doing its utmost best to protect the fundamental human rights of persons in the theatre of operations against Boko Haram. Addressing a special session of the parliament, President Buhari saidhis government shared the EU’s commitment to peace and security, […]

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