ECA
25 Oct 2023
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...
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Mauricio Pochettino admitted troubled Chelsea's worst moments this season have been "so bad" after the Blues suffered their heaviest defeat in over five years. Pochettino's side slumped to an embarrassing 5-0 loss at Arsenal on Tuesday to heap renewed pressure on the beleaguered Chelsea boss. It was Chelsea's worst ever result against London rivals Arsenal…
7 mins ago
An Iranian court has sentenced to death a popular rapper jailed for more than a year and a half for supporting nationwide protests sparked by Mahsa Amini's death, local media reported Wednesday. "Branch 1 of Isfahan Revolutionary Court... sentenced Toomaj Salehi to death on the charge of corruption on Earth," the singer's lawyer, Amir Raisian,…
8 mins ago
The Nigerian government has suspended Dana Air a day after one of its aircraft crash-landed in Lagos. Nigeria's aviation minister Feature Keyamo directed the Nigeria Civil Aviation Authority (NCAA) to implement the suspension on Dana Air over safety concerns. "As the supervisor overseeing our nation's aviation safety and regulatory compliance, it has come to the…
15 mins ago
The United Arab Emirates announced $544 million to repair the homes of Emirati families on Wednesday after last week's record rains caused widespread flooding and brought the oil-rich Gulf state to a standstill. "We learned great lessons in dealing with severe rains," said Prime Minister Sheikh Mohammed bin Rashid al-Maktoum after a cabinet meeting, adding…
44 mins ago
One of the governorship aspirants who contested the ticket of the party with Governor Lucky Aiyedatiwa during last Saturday's primaries, Mayowa Akinfolarin, has dispelled the rumour that he stepped down for the governor during the shadow election. Akinfolarin, who came second after garnering 15,343 votes, disclosed that he did not back out of the contest…
45 mins ago
Fierce rival clashes between Boko Haram and the Islamic State of West African Province (ISWAP) terrorist groups escalated in the Lake Chad Basin in the last week, claiming over 100 of the fighters of both groups. According to Zagazola Makama, a counter-insurgency expert in the Lake Chad region, from April 18 to April 24, 2024,…
1 hour ago
France's Court of Cassation on Wednesday confirmed the conviction of former premier Francois Fillon in a fake jobs scandal that wrecked his 2017 presidential bid but ordered a new trial for his sentencing. Fillon, 70, was sentenced on appeal on May 9, 2022, to four years' jail, three years of which were suspended, and a…
1 hour ago
Bayelsa Deputy Governor Lawrence Ewhrudjakpo has been appointed as head of the Ondo State’s Peoples Democratic Party (PDP) governorship primary election scheduled for Thursday. This is contained in a statement made available to newsmen on Wednesday in Akure by Mr Kennedy Peretei, the Publicity Secretary of PDP in the state. The News Agency of Nigeria…
1 hour ago
The Nigerian government has suspended Dana Air a day after one of its aircraft crash-landed in Lagos. Nigeria's aviation minister Festus Keyamo directed the Nigeria Civil Aviation Authority (NCAA) to implement the suspension on Dana Air over safety concerns. "In light of these incidents and with the paramount priority being the safety and well-being of…
1 hour ago
Boko Haram fighters ambushed and wounded five Nigerien soldiers who were protecting a key agricultural site near the Nigerian border, local authorities said Wednesday. The site is one of two in Niger's southeastern Diffa region created to boost rice and wheat production and generate more than 12,000 jobs, according to the agriculture ministry. Diffa governor…