Despite COVID-19, Africa Records $80bn Diaspora Remittances
Diaspora remittances to Africa as a whole have increased to over $80 billion despite the COVID-19 impact on economies worldwide, and against the backdrop of a fall in remittances worldwide.
However, remittances to Nigeria dropped by 27.7 percent in...
Nigeria Among Top Three Countries With Electricity Deficits – W/Bank
The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world.
It said during the last decade, a greater share of the global population gained access to electricity than...
Nigeria Could Face $20bn Loss In Export Revenue - Report
Nigeria and four other oil producers on the continent could each be facing $20billion or more in lost export revenue this year as global oil demand is estimated never to exceed 2019 levels, with energy...
AfDB Develops 3-year Project For Revenue Generation In Extractive Industry
The African Development Bank (AfDB) has developed a three-year project in response to demands by member countries for technical assistance to monitor revenues generated from their extractive industries.
The AfDB made this known during a virtual...
AfCFTA: 14 African Countries get Masterclass on trade, investment facilitation
No fewer than 25 Trade and Economic Officers from 14 African countries have received a masterclass to boost their capacities in trade and investment facilitation.
Nazaru LLC, a United States-based services company, delivered the free online...
