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Report Says Nigeria, 10 ECOWAS Countries In Debt Distress

Report Says Nigeria, 10 ECOWAS Countries In Debt Distress   A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa has disclosed that Nigeria and 10 other Economic Community of West African States countries are currently in debt distress...

EU: Security equipment worth €5m donated to Nigeria, 11 others

EU: Security equipment worth €5m donated to Nigeria, 11 others An array of security equipment, including 30 rigid-hull inflatable boats and forensic equipment, has been donated by the European Union to the Economic Community of West African States to combat maritime crime and other security...

ECOWAS Donates $1m to Assist Nigeria’s Vulnerable Families

ECOWAS Donates $1m to Assist Nigeria’s Vulnerable Families Nigeria has been given one million dollars by the Economic Community of West African States (ECOWAS) to boost food and nutrition needs in Katsina, Zamfara and Borno States. This is contained in a joint statement by the Ministry...

ECOWAS Advices Nigeria To Raise VAT On Hotels, Others

ECOWAS Advices Nigeria To Raise VAT On Hotels, Others       The Economic Community of West Africa States has canvassed an increase in the Value Added Tax on luxury items including perfume, wine and other alcoholic beverages, fuelling speculations about inflation on the items. According to ECOWAS, Nigeria...

World Bank Outlines steps for Nigeria’s Economic Revovery

World Bank Outlines steps for Nigeria's Economic Revovery The World Bank has outlined faster steps for Nigeria's economic recovery apart from taking other measures to deepen ongoing reforms undertaken by the country. According to the Bank, the measures would assist avoid threats to the government’s macroeconomic...

Nigeria, Ghana Collaborate to Wrestle insecurity in Gulf of Guinea

Nigeria, Ghana Collaborate to Wrestle insecurity in Gulf of Guinea At the behest of the governments of Nigeria and Ghana, the navies of both countries have met to forge measures to tackle heightening insecurity and enforce their respective territorial integrity in the Gulf of Guinea. The...