Tuesday, 19th March 2024
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ECA

25 Oct
The Excess Crude Account (ECA) has dipped to $473,754.57 as of the end of September, while the Federal, states and Local Government Areas (LGA) shared N903 billion.
7 Sep 2023
Clubs that fail to qualify for UEFA's competitions are set to receive a greater share of revenue from the European governing body from next season under a new distribution model announced on Wednesday. UEFA and the European Club Association (ECA) signed a renewed working agreement until 2030 which will "bolster long-term stability and sustainable growth…
22 Jun 2023
The Conference of Ministers of the Economic Commission for Africa (ECA) has expressed concern over the rising debt profile of many African nations, saying it limits growth, trade and commerce.
5 Jun 2023
I recently visited the site of the birth of the Organisation of African Unity (OAU) in Addis Ababa. The legendary “Africa Hall” located within the United Nations (UN) Economic Commission for Africa (ECA) secretariat, is now under reconstruction.
31 May 2023
African Development Bank (AfDB) President, Akinwumi Adesina, and the Deputy Executive Secretary and Chief Economist of the Economic Commission for Africa (ECA), Hanan Morsy, have lamented the high costs of debts incurred by African governments...
29 Mar 2023
With financial, health and climate shocks threatening to reverse two decades of development progress in Africa, experts have called for urgent concessionary financing to help the continent build resilience and boost economic growth.

Latest

9 mins ago
In the wake of the explosive documentary series “Quiet on Set: The Dark Side of Kids TV,” former Nickelodeon producer Dan Schneider has issued an apology. The four-part documentary, which aired its first two episodes on March 17, delves into the working conditions behind the scenes of the beloved children’s entertainment life. The documentary sheds…
9 mins ago
Alex Iwobi and Calvin Bassey, Nathan Tella, Moses Simon, and Stanley Nwabali are among the 10 players who have arrived the Super Eagles camp ahead of their friendly games against Ghana and Mali. The other five players already in camp are Semi Ajayi, Jamilu Collins, Bruno Onyemaechi, Cyriel Dessers, and Fisayo Dele-Bashiru. More players are…
10 mins ago
A prominent DR Congo journalist was sentenced Monday to six months in prison for allegedly incriminating military intelligence in the murder of an opposition politician. Stanis Bujakera, 33, has been jailed since September over an article in Jeune Afrique magazine that suggested Congolese military intelligence operatives had killed opposition politician Cherubin Okende the month before.…
13 mins ago
Senior and junior workers of the Nigerian Ports Authority (NPA) have threatened to shut the ports. The threat was made after workers on Monday issued a seven-day ultimatum to the Federal Government to reverse the presidential directive on automatic deduction of 50 percent from its internally generated revenue (IGR). In a letter signed by the…
24 mins ago
Nigeria’s leading provider of digital infrastructure, Pan African Towers (PAT), has announced the appointment of Oladipo Badru as its new Chief Financial Officer. The appointment comes at a key moment in the company’s growth, with the recent influx of fresh investments from Development Partners International (DPI) and Verod Capital to solidify its position as Nigeria’s…
1 hour ago
Consumer goods giant Unilever has announced plans to cut around 7,500 jobs globally as part of an overhaul aimed at saving around 684 million euros (869 million dollars) over the next three years. The Marmite-to-Dove soap firm said the jobs affected were largely office-based and the move came as it looked to invest in technology…
2 hours ago
Veteran nollywood actor, Amaechi Muonagor, has reached out to the public for financial assistance to undergo a crucial kidney transplant in India. The actor was seen in a video circulating on social media, looked, visibly frail, pleaded for help while lying on a hospital bed. Accompanied by his colleague Kingsley Orji, who spoke on his…
2 hours ago
Troops from the Nigerian Army have successfully averted a kidnap attempt by a violent extremist and insurgent group in Tantatu Community in the Kajuru Local Government Area (LGA) of Kaduna State. Spokesman of the Nigerian Army, Major General Onyema Nwachukwu, in a statement on Tuesday also confirmed that the troops deployed in 1 Division area…
2 hours ago
The leader of Singapore's opposition was charged Tuesday with two counts of giving false testimony before a parliamentary committee during a probe into one of his party members, police and prosecutors said. Pritam Singh, head of the Workers' Party, was charged at the State Courts for having twice "falsely testified" before the committee in December…
2 hours ago
Victor Osimhen will miss Nigeria's Super Eagles' two friendly games against Black Stars of Ghana and Eagles of Mali due to injury. Osimhen was an unused substitute for Sunday’s 1-1 draw with Inter Milan at San Siro and barely trained in the days before the match. According to Napoli coach, Francesco Calzona, Osimhen's absence was…