The Nigerian-American Chamber of Commerce, NACC, has welcomed the signing by United States President Donald Trump of the Continuing Appropriations and Extensions Act, 2027, which extends the African Growth and Opportunity Act, AGOA, through December 31, 2028. The legislation preserves duty-free access to the United States market for Nigeria and 31 other sub-Saharan African countries,…
The Federal Government has reduced the processing time for African Continental Free Trade Area (AfCFTA) Certificates of Origin to 24 hours, down from over five days, in a bid to boost intra-African trade and ease business for Nigerian exporters. The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, disclosed this on Thursday in Abuja…
FIFA and the Confederation of African Football (CAF) have said that they are yet to reach a conclusion on the crisis in Nigeria Football Federation (NFF), insisting that ongoing assessment of the situation will determine the direction to follow. Both bodies however confirmed the immediate suspension of the NFF electoral process and announced plans for…
Nigeria has joined 163 other countries to endorse an African-led UN resolution seeking fairer world maps that accurately reflect Africa’s true geographical size. The UN General Assembly adopted the historic “Correct the Map” resolution by 164 votes to one, with six abstentions. The United States cast the sole opposing vote, while Estonia, Georgia, Lithuania, Moldova,…
Nigeria is fully prepared to host the 2026 All Africa Challenge Trophy (AACT), with the Local Organising Committee (LOC) moving into the final execution phase ahead of the continental women’s golf championship in Abuja. The President of the Ladies Golf Association of Nigeria (LGAN) and Chairperson of the AACT 2026 LOC, Dr. Lami Onayi Ahmed,…
Uber Technologies is cutting approximately 3,300 corporate jobs, roughly 10 percent of its global workforce, as part of a sweeping operational restructuring designed to flatten management hierarchies and concentrate capital on ride-hailing, delivery, and autonomous vehicles. The retrenchment slashes management roles by 20 percent and reduces overall headcount to under 30,000, returning staffing to levels…
Nigeria’s president says enough is enough and demands urgent action to sustain Africa’s solidarity and unity at the 21st Extraordinary AU Summit. President Bola Tinubu has formally reported the recurring xenophobic and Afrophobic attacks against Africans and other nationals in South Africa to the African Union, warning that the incidents undermine the continent’s solidarity, unity…
Nigeria and Ghana will present the wave of attacks against fellow Africans (popularly called Afrophobia) in South Africa by misguided citizens of the former Apartheid enclave in the next session of the African Union (AU) Assembly of Heads of State and Government. Nigerian Minister of State for Foreign Affairs, Sola Enikanolaiye, made this known during…
Nigeria now has the highest headline capital gains tax rate among selected major African economies and one of the continent’s broadest regimes for taxing indirect transfers of Nigerian assets, according to a new report by PwC Nigeria. The report titled: “Nigeria’s Capital Gains Tax Reforms: What the New 30% Rate and Indirect Transfer Rules Mean…
The Federal Government of Nigeria has sent a clear and unambiguous message that the government of South Africa should stop the deliberate targeting of Africans, including Nigerians, on the basis of their nationality and colour of their skin. The federal government sent this message yesterday in the opening address delivered by the Minister of State,…
