Tuesday, July 16, 2019

Tag "ecowas"

    Buhari finally agrees to sign AfCFTA

Buhari finally agrees to sign AfCFTA

President Muhammadu Buhari will sign the agreement establishing the African Continental Free Trade Area (AfCFTA) this weekend.The presidency announced this via Twitter on Wednesday.According to the tweet, Buhari will sign the agreement at the 12th Extraordinary Summit of the African Union scheduled to hold from July 4 to July 8 in Niamey, Niger Republic.His resolve to sign the treaty comes after "extensive [...]

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    Niger president succeeds Buhari as ECOWAS chairman

Niger president succeeds Buhari as ECOWAS chairman

President Issoufou Mahamadou of Niger has been elected the new chairman of the Economic Community of West African State (ECOWAS).Mahamadou was elected on Saturday at the end of the ordinary session of the ECOWAS authority of heads of state and government which held in Abuja.He succeeds President Muhammadu Buhari who was elected in July 2018. Buhari took the mantle from President Faure [...]

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    We must join forces to fight insecurity, Buhari tells ECOWAS leaders

We must join forces to fight insecurity, Buhari tells ECOWAS leaders

President Muhammadu Buhari has called on leaders across West Africa to join forces together in the fight against insecurity.Buhari, who is the chairman of Economic Community of West African States (ECOWAS), said this on Saturday at the 55th ordinary session of the authority of heads of state and government of ECOWAS.The president said while member countries are making individual efforts to [...]

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    ECOWAS seeks additional funding for $2bn Abidjan-Lagos highway

ECOWAS seeks additional funding for $2bn Abidjan-Lagos highway

The Economic Community of West African States (ECOWAS) is seeking additional funds for constructing the $2 billion Lagos-Abidjan highway project.Jeane-Claude Brou, president of the ECOWAS commission, made this known during a signing ceremony between ECOWAS and the African Development Bank (AfDB) in Abuja on Monday.  ECOWAS and AfDB signed a $22.7 million agreement for the cross country road project to [...]

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    Buhari: Threat of terrorism, violent extremism in West Africa a cause for concern

Buhari: Threat of terrorism, violent extremism in West Africa a cause for concern

President Muhammadu Buhari says it is a "matter of concern" that terrorism and violent extremism have continued to threaten the peace of West Africa.He made the comment on Saturday during his speech at the 54th ordinary session of heads of state and government of the Economic Community of West African States (ECOWAS) in Abuja.Buhari said in his speech: "ECOWAS is [...]

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    Nigeria has contributed $710m to ECOWAS — more than 13 countries put together

Nigeria has contributed $710m to ECOWAS — more than 13 countries put together

Nigeria has contributed more money to the Economic Community of West African States (ECOWAS) than 13 other member states, in the last 12 years.This is according to a report released by the regional body.Quoting the report, NAN said statistics on payment of the community levy showed that between 2003 and 2015, Nigeria paid $710, 497,352, equivalent to 480, 355,205 West [...]

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    Falana: Buhari, ECOWAS leaders must obey court orders

Falana: Buhari, ECOWAS leaders must obey court orders

Femi Falana, human rights lawyer, says President Muhammadu Buhari and Economic Community of West African States (ECOWAS) leaders must obey court orders in the interest of political stability.Tayo Soyemi, a member of staff of the Falana and Falana Chambers, quoted the lawyer as saying this while speaking at the on going "ECOWAS Consultative Meeting on Access to Justice and [...]

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    One for Adesanmi: Lawlessness is now a west African curse

One for Adesanmi: Lawlessness is now a west African curse

Over the past few days, I have not stopped thinking about Professor Pius Adesanmi, the witty professor of English and African studies at Carleton University, Ottawa, Canada, who was involved in a car accident while returning to Lagos from Ilorin and was virtually left for dead.Gracefully, the professor and king of boys survived this one, and he can say like [...]

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    Nigeria, Ghana disagree on single currency for ECOWAS

Nigeria, Ghana disagree on single currency for ECOWAS

Nigeria and Ghana have taken different positions on the introduction of a single currency for the Economic Community of West African States (ECOWAS).Both countries failed to agree on the initiative at the just-concluded meeting of the Presidential Task Force on the ECOWAS single currency programme, which held in AccraNana Akufo-Addo, Ghanaian president, argued that member states should ensure that the single [...]

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    ECOWAS slaps sanctions on Guinea-Bissau, freezes assets of politicians

ECOWAS slaps sanctions on Guinea-Bissau, freezes assets of politicians

ECOWAS has imposed sanctions on 20 Guinea-Bissau politicians and businessmen, including travel bans and asset freezes, accusing them of undermining efforts to resolve a prolonged political crisis.The sanctions were prompted by President Jose Vaz's nomination of Augusto Antonio Artur da Silva to the post of prime minister, in violation of a 2016 ECOWAS-brokered deal.Under the ECOWAS deal aimed at ending the [...]

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    FG to increase taxes on tobacco, alcohol

FG to increase taxes on tobacco, alcohol

Kemi Adeosun, minister of finance, says the federal government is working on policies to increase excise tax on tobacco and alcohol.She said this while speaking at the ECOWAS financial council of ministers in Abuja on Friday.Adeosun was represented by Mahmoud Dutse, permanent secretary of the ministry.Edward Singhatey, ECOWAS vice president, said the commission would increase excise duties on tobacco and other unhealthy [...]

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    Understanding Morocco’s application to join ECOWAS

Understanding Morocco’s application to join ECOWAS

Three weeks after the African Union decided on 30 January 2017 to readmit it following a 33-year absence, Morocco, which until then enjoyed the status of a sovereign Observer, announced on 24 February that it had applied to join the 15-member Economic Community of West African States (ECOWAS). In Monrovia, Liberia, on 5 June, the Summit meeting of the 51st [...]

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    Falana writes ECOWAS, kicks against Morocco’s bid to join regional body

Falana writes ECOWAS, kicks against Morocco’s bid to join regional body

Femi Falana, human rights lawyer, has written a letter to the Economic Community of West African States (ECOWAS), protesting the “illegal” admission of Morocco into the community.In a letter dated October 27, Falana said Morocco was “erroneously” admitted into the union by the authority of heads of states and government of the member states.ECOWAS is made up of fifteen states - Benin, [...]

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    Don’t rush into single currency, Buhari warns ECOWAS

Don’t rush into single currency, Buhari warns ECOWAS

President Muhammadu Buhari has warned the Economic Community of West African States (ECOWAS) against rushing into currency integration.The regional body is targetting 2020 for the achievement of this goal.But in his speech at the fourth meeting of the presidential task force on the ECOWAS currency programme, Buhari said the framework for implementing the single currency agenda in the sub-region was not [...]

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    Osinbajo asks ECOWAS to do more in tackling health challenges

Osinbajo asks ECOWAS to do more in tackling health challenges

Acting President Yemi Osinbajo has charged member states of the Economic Community of West African States (ECOWAS) to do more in tackling health emergencies.Speaking before declaring open the 18th assembly of health ministers in Abuja on Friday, the acting president called for concerted effort in tackling diseases like malaria and tuberculosis of which the region has a high burden.He also [...]

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    Canada pledges $1.9m to child health programme in Nigeria, Ghana

Canada pledges $1.9m to child health programme in Nigeria, Ghana

The International Development Research Centre (IDRC), a Canadian government agency , says it is contributing 2.6m Canadian dollars ($1.9m) to the funding of a maternal and child health programme in Nigeria and in five other West African countries - Ghana, Mali, Senegal, Benin and Burkina Faso.Nigeria currently has a high incidence of maternal mortality. According to the United Nations ‎Population [...]

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Exchange Rates

July 12, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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