Tag Archives: Nigeria

African Legacy to hold second economic summit — Nigeria — The Guardian Nigeria Newspaper – Nigeria and World News


A Non-Governmental Organisation, African Legacy International, has disclosed plans to hold the second summit on sustainable economic development.The summit would hold on October 24 and 25 at the International Conference Centre, Abuja.

In a statement to The Guardian, President of the body, Innocent Ogu, said the summit would attract relevant investors and investments into the country. Ogu, who identified Nigeria as Africa’s commercial hub, asserted that the summit would expose Nigerian business environment, natural potentials and average entrepreneurs to broader platform of international reckoning.He stressed that the summit would bring entrepreneurs of diverse business interests together from across the globe.

They are expected to exchange ideas and values that would strengthen…

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Africa Cup of Nations: Ighalo hits hat-trick for Nigeria, SA achieve record win


China-based Odion Ighalo hit a hat-trick for Nigeria in their victory over Libya in Uyo

Odion Ighalo hit his first hat-trick for Nigeria as the Super Eagles defeated Libya 4-0 on Saturday in their 2019 Africa Cup of Nations qualifier.

The result moves Nigeria up to second in Group E – a point behind leaders South Africa who were emphatic 6-0 winners over Seychelles in Johannesburg, a record winning margin for Bafana Bafana.

In other results on Saturday, Namibia were 2-1 winners in Mozambique and Madagascar won 1-0 away to Equatorial Guinea.

Nigeria, who failed to qualify for the last two Nations Cups in 2015 and 2017, boosted their hopes of reaching Cameroon 2019 with a convincing win over previous Group E leaders Libya in Uyo.

Former Watford star Ighalo, now at Chinese side…

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Tanzania bans Nigeria, Ethiopia, Djibouti, from visa on arrival — Quartz Africa


It was a continental gathering meant to connect and improve Africa’s tech ecosystem. But as organizers of the AfriLabs Gathering arrived in the Tanzanian city of Dar es Salaam two days before the conference began on Oct. 11, they were faced with a hitch: new visa rules that would stop participants from specific African countries from attendance.

Tanzania has a visa on arrival policy for many African states, but recently changed rules for some nations. These include citizens from Ethiopia, Djibouti, and Nigeria, who previously didn’t have to apply for visas but now have to do so at least three months before their visit.

AfriLabs, which supports 123 innovation centers across 34 African countries, said the issue was “a cause for concern especially for travelers that have been turned back at…

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African Leadership Conference (ALC) on Space Science and Technology – Abuja, Nigeria




ALC 2015

The African Leadership Conference (ALC) on Space Science and Technology for Sustainable Development is an African Regional Conference organized bi-annually to gather all experts and key players in Space Science and Technology in Africa with the view to promoting intra Africa cooperation in the use of space science and technology to support Africa’s development.

The 7th edition of the ALC conference is scheduled to hold in Abuja, Nigeria from the 5th to 7th November, 2018 at the NICON Luxury Hotel. The event is being hosted by the National Space Research and Development Agency on behalf of the Federal Government of Nigeria.

The overall Theme of the 2018 Conference is the Implementation of the African Space Policy and Strategy…

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Nigeria swap deal shows renminbi’s African rise


Nigeria’s signing of a new currency swap deal with China will boost financial stability and promote broader African-Chinese economic cooperation, according to analysts. Nigeria is the third African country to sign a swap deal with China, after Egypt and South Africa.

“By reducing the dollar component of trade settlements between Nigeria and China, the cost of doing business between the two countries will fall and the naira should strengthen,” says Linus Iwuajoku, head of enterprise intelligence at Diamond Bank, a Nigerian commercial bank. “Trade flows between Nigeria and China will also increase, sending a positive message to traders and investors looking to do business in Nigeria.”

Under the terms of the swap signed in May this year, the central banks will exchange N720…

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Africa: Nigeria Makes Case for African Standby Force



Photo: Laura Jarriel/UN

Catching up on the action at UN Headquarters during the 73rd Assembly.

Foreign Affairs Minister Geoffrey Onyeama says Nigeria is pushing for the take-off of African Standby Force (STF) which can be deployed in times of crisis in various parts of the continent.

Onyeama told the Newsmen on Wednesday after the African Union (AU) Security Council meeting at the ongoing United Nations General Assembly (UNGA) in New York, USA.

The minister said that Nigeria also stressed on the need for African Union to find African solutions to African problems rather than depending on external interventions.

Nigeria, he said, also stressed the need for the…

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