Friday, February 21, 2020

Tag "European Union"

    We may impose strict visa rules on Nigeria, says EU

We may impose strict visa rules on Nigeria, says EU

The European Union says it could impose restrictive visa rules on Nigeria if the country fails to play its part in the readmission of its citizens living illegally in the EU. According to PUNCH, Virginie Battu-Henriksson, EU spokesperson for foreign affairs and security policy, said though the number of irregular Nigerians entering the EU reduced last year, they still ranked among the [...]

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    Buhari: If we recovered from 30-month Biafra war, we can handle Boko Haram

Buhari: If we recovered from 30-month Biafra war, we can handle Boko Haram

President Muhammadu Buhari says with the experience of the Nigeria’s civil war that lasted 30 months, the country is capable of defeating Boko Haram insurgency. The civil war was fought between the government of Nigeria and the secessionist state of Biafra from July 6, 1967 to January 15, 1970. Boko Haram insurgency has been on in the north-east for over a decade, [...]

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    EU extends Brexit deadline to January 2020

EU extends Brexit deadline to January 2020

The European Union (EU) has extended Brexit deadline to January 31, 2020. Donald Tusk, president of the European Council, disclosed this in a tweet on Monday. He said the regional bloc would allow for a "flexible extension" which means the UK could leave before the deadline if a deal was approved by parliament. "The EU27 has agreed that it will accept the UK's [...]

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    UNICEF, EU provide water for thousands in Plateau community

UNICEF, EU provide water for thousands in Plateau community

The European Union in partnership with the United Nations Children’s Fund (UNICEF) has inaugurated a solar-driven motorised water facility in Riyom local government area of Plateau state. The organisations said the project will benefit about 4,500 people in the community, provide improved access to safe water and sanitation facilities with gender-segregated latrines and a hand pump. Quoting data from the WASH National [...]

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    Extreme heatwave to hit one-third of African urban population, experts warn

Extreme heatwave to hit one-third of African urban population, experts warn

[...]

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    EU and UK agree to extend Brexit deadline to October 31

EU and UK agree to extend Brexit deadline to October 31

The European Union leaders and the UK government have agreed to a six-month extension to Brexit, with a review in June. The agreement, which was reached after an emergency summit in Brussels on Wednesday night, wards off the prospect of the UK leaving the EU without a deal on Friday. https://twitter.com/eucopresident/status/1116128110557134848 Donald Tusk, president of the European council, met with Theresa May, British PM, [...]

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    EU imposes €1.5bn fine on Google over abuse of market dominance

EU imposes €1.5bn fine on Google over abuse of market dominance

The European Union has imposed a €1.5bn fine on Google, US tech giant, over its abuse of market dominance in relation to its search advertising rivals. The fine comes on the back of allegations that Google restricted third-party rivals from displaying search ads between 2006 and 2016 in order to shield itself from competitive pressure. Margrethe Vestager, EU’s competition commissioner, alleged that [...]

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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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EU announces €44bn development fund for African countries

The European Union (EU) has announced a €44bn development fund for African countries, which will become accessible in 2018. Andrus Ansip, vice president, EU, Digital Single Market, told journalists that the aim of the fund is to support the economic development of Nigeria and other African countries. "Our aim is to help developing countries so to support those developments, we decided to [...]

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    22,500 Nigerians have ‘crossed Mediterranean illegally’ in 2016…and still counting

22,500 Nigerians have ‘crossed Mediterranean illegally’ in 2016…and still counting

The European Union (EU) says over 22,500 illegal migrants from Nigeria have crossed the Mediterranean sea to Europe between January and September, apart from 23,000 in 2015. Richard Young, deputy head of EU Delegation in Nigeria, said this while speaking at a media workshop in Abuja. “In 2014, the number of people travelling irregularly into Europe clinched 280,000 people; in 2015 it [...]

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    May: Britain to give up EU presidency in 2017

May: Britain to give up EU presidency in 2017

The office of Theresa May, the British Prime Minister, has told EU President Donald Tusk that Britain intends to give up its six-month presidency of the European council scheduled for next year. The office said on Wednesday in London that the decision was taken because her government was expected to be occupied next year with negotiations on leaving the union. It explained [...]

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    Stay with us, we need you, EU president tells Britain

Stay with us, we need you, EU president tells Britain

Donald Tusk, European Union President, has appealed to British citizens to vote in favour of staying in the European Union (EU) in this week's referendum. Tusk stated this in Lisbon, capital of Portugal, during a press conference with Portuguese Prime Minister Antonio Costa. He warned that the opposite outcome, a so-called Brexit, would threaten to unravel the entire bloc. "I would like to [...]

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    Buhari: I won’t rest until Chibok girls are rescued

Buhari: I won’t rest until Chibok girls are rescued

President Muhammadu Buhari on Wednesday reiterated the commitment of his government towards securing the release of the female students of Government Secondary School, Chibok, Borno state, who were abducted by Boko Haram insurgents in April 2014. Addressing the European Union parliament in Strasbourg, France, on Wednesday, he said his administration was doing its best to protect the fundamental human rights of persons [...]

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    Another boat ‘currently sinking’ in the Mediterranean

Another boat ‘currently sinking’ in the Mediterranean

Less than 24 hours after the capsize of a boat conveying about 700 people on the Mediterranean Sea, another boat with 300 people aboard is currently sinking. BBC quoted the international organisation for migration as saying it had received a distress call from a sinking boat carrying 300 migrants in the Mediterranean. Some 20 people are reported to have died, a spokesman [...]

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    EU seeks trade cooperation with Nigeria

EU seeks trade cooperation with Nigeria

A delegation of European Union (EU) to Nigeria on Tuesday appealed to the federal government to sign the Economic Partnership Agreement (EPA) to enhance the export of Nigerian products to Europe. Ugo Sokari-George, the delegation's public affairs officer, made the appeal while speaking with NAN at the ongoing Lagos International Trade Fair at Tafawa Balewa Square (TBS), Lagos. Sokari-George said that signing the [...]

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    EU wasted £7bn in 2013, say auditors

EU wasted £7bn in 2013, say auditors

The European Union (EU) erroneously spent about 7 billion Euros of its budget in 2013, the European Court of Auditors (ECA) announced on Wednesday in its published annual review. Kristalina Georgieva, the European Commission's incoming vice-president for budget, told EU lawmakers in Brussels. The figure comes as the bloc is preparing its 2015 spending plans, an exercise that frequently pits thrifty member states [...]

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Exchange Rates

February 04, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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