WORLD Trade Organisation (WTO) director-general Dr Ngozi Okonjo-Iweala has warned that Nigeria will struggle to rebuild her economy in the post-coronavirus era as the nation is struggling to attract investment due to her high trading costs.
Like many developing nations, Nigeria got hit hard by the coronavirus pandemic as...
NIGERIA'S former finance minister Dr Ngozi Okonjo-Iweala is said to be considering leaving her job as the World Trade Organisation (WTO) director-general due to the frustration she is encountering with regards to getting things done.
In February this year, Dr Okonjo-Iweala assumed office as the WTO boss after the new US...
Ayo Akinfe
Every African nation should stop exporting wildlife. If anyone wants to see lions, elephants, giraffes, leopards, cheetahs, gorillas, baboons, zebras, rhinos, hippos, etc, they should go to Africa. There is absolutely no justification for the zoo. For starters it is a crime against nature to cage wild animals
Very few...
NIGERIA'S high commissioner to the UK Chief Sarafa Ishola recently hosted the victorious Embassy Team that won the Ambassadors Cup involving all the diplomatic missions in Britain after they beat Spain in the final.
After a gruelling tournament that involved the numerous diplomatic missions in the UK, the Nigerian team...
ANNUAL remittances by the Nigerian diaspora worldwide fell by about 20% over the last year as a result of the economic crisis precipitated by the global coronavirus pandemic cutting into the expected figure of $25bn.
Historically, Nigeria has always been among the top five countries in the world when it comes to remittances...
AFRICAN Development Bank (AfDB) officials have announced that they intend to spend $2bn on African Continental Free Trade Area (Afcfta) related infrastructure over the next two years.
Founded in 2018, Afcfta is the largest free trade area in the world in terms of the number of participating countries since the formation of...
NIGERIA looks set to benefit from the supply of more doses of the coronavirus vaccine after the Group of Seven (G7) nations approved a $650bn loan to the International Monetary Fund (IMF) to purchase more shipments for developing countries.
Last week, the G7 met in the UK where among other things, it agreed to bankroll the...
Ayo Akinfe
Nigeria's economic and human development indicators will be compared annually with those of other Mint nations like Mexico, Indonesia and Turkey and Brics nations like Brazil, India, Russia, China and South Africa, to ensure we never fall behind
At the moment, Nigeria's human development index is on a par with...
Ayo Akinfe
Nigeria's economic and human development indicators will be compared annually with those of other Mint nations like Mexico, Indonesia and Turkey and Brics nations like Brazil, India, Russia, China and South Africa, to ensure we never fall behind. If we have a gross domestic product of say $5trn, we will not be the subjects...
EUROPEAN Union (EU) officials have reported Nigeria to the World Trade Organisation (WTO) complaining about the restrictions the country has placed on the importation of milk and other dairy products.
Annually, the EU produces about 160m tonnes of milk, of which about 21m tonnes are exported, with Nigeria being one of its...
