As the novel COVID-19 pandemic continues to ravage economies, its full toll on agriculture is yet to be reckoned more fully. The restrictions on movement and the limited social interactions will strain livelihoods and the agricultural supply chain as access to inputs and extension support services by the already vulnerable...
Nigeria’s oil and gas exports are expected to decline by at least $26.5 billion as the novel coronavirus batters international prices and cuts fuel demand, the International Monetary Fund said late last week Wednesday.
Nigeria, Africa’s largest oil exporter, told the IMF in a letter requesting emergency financial assistance that...
The Economic Community of West African States (ECOWAS) has scheduled a virtual meeting of Heads of States of member countries to further discuss the coronavirus situation in the sub-region, tomorrow, April 23.
The ‘Extraordinary Session’ which be held via videoconference follows an earlier meeting involving the “ministers in charge of...
Ivory Coast will stop distributing hybrid seedlings and other advanced technologies that help cocoa farmers improve yields to cut overproduction that has weighed on cocoa prices, according to a letter by the regulator sent to exporters.
“We inform you of our decision to suspend the distribution of improved plant material...
Tullow Oil Plc has announced that it will complete the repair works on the FPSO Kwame Nkrumah on the Jubilee oil fields by the end 2018.
This will bring to an end the intermittent shutdowns of the Jubilee FPSO Kwame Nkrumah due to the faulty Turret Bearing which for the...
National development, economic growth, infrastructure, industrialisation and manufacturing, share a common denominator; adequate and constant power supply.
Such regularity in power supply guarantees that industries that create employment and wealth, run on a twenty-four hour cycle. Despite years of lip service to building up power supply in Nigeria, the capacity...
Ghana has urged members of the Economic Community of West African States (ECOWAS) to show commitment to a borderless sub-region.
Mr. Ambrose Dery, the Minister of Interior who made the call, said the rationale for forming ECOWAS - which was a borderless West Africa - still remains relevant, and requested...
The spokesperson for the National People’s Congress of the People’s Republic of China, Zhang Yuesi, has said China is open for international trade with any country that desires to do business.
He cited the One belt, One Road (OBOR) project as one of the initiatives which has the potential of...
Members of the Presidential Task Force on the ECOWAS Single Currency Programme have reaffirmed their political will to meet the Bloc’s single currency programme deadline by 2020.
They also reaffirmed their commitment to ratify and implement all relevant ECOWAS Protocols and Conventions, as well as a gradual approach wherein member-states...
Nigeria will consider raising $2.5 billion through Eurobonds in the first quarter to refinance a portion of its domestic treasury bill portfolio at lower cost, the head of the Debt Management Office told Reuters last week Thursday.
Patience Oniha said the country will also try to get back into the...
