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Commitments

The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB named fourth most transparent aid institution

The Asian Development Bank was ranked first with the International Development Association of the World Bank and the United Nations Development Programme (UNDP) occupying the second and third positions.

Netflix to promote Nigeria’s creative industry on the global stage

World’s leading streaming entertainment service provider, Netflix, has expressed commitment to partner with talented Nigerian practitioners in the creative industry to showcase their stories on the global stage.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Oil prices gain with OPEC+ holding the line on supply cuts

Oil prices rose more than one per cent on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well.

NMA: Nigerians may suffer if governors take over coronavirus management

The Nigerian Medical Association (NMA), has asked President Muhammadu Buhari not to allow states take full control of managing the COVID-19 pandemic saying Nigerians may suffer.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

Minister: Nigerian states to get $1.5 billion from World Bank

The World Bank has got a proposal of 1.5 billion dollars to states as part of economic stimulus to cushion the impact of the COVID-19 pandemic, says Minister of Finance, Zainab Ahmed.
Director, Defence Media Operation, Major General John Enenche, who made this known at a media briefing, also indicated that the DHQ has provided three additional treatment and isolation centres of its own.

Nigeria reacts to Chad’s threat to pull out of anti-terror war

The Nigerian Military has, therefore, advised its Chadian counterparts to channel any misgivings they have about Operation Safe Corridor with the policy of accepting, deradicalizing and reintegrating repentant Boko Haram terrorists back into society, through government to government processes.
The border closure has affected goods from other West African countries. Wikimedia Commons

Nigeria’s border closure has implications for Africa’s economic integration

Nigeria recently partially closed its border with Benin in an effort to stem the smuggling of rice. It then went on to close its land borders to the movement of all goods from Benin, Niger and Cameroon, effectively banning trade flows with its neighbours.
Traditionally conservative Northern Ireland is about to legalize both abortion and same-sex marriage, a head-snapping about-face that was imposed on the territory by the British Parliament.

Northern Ireland set to legalize abortion, same-sex marriage

Traditionally conservative Northern Ireland is about to legalize both abortion and same-sex marriage, a head-snapping about-face that was imposed on the territory by the British Parliament.

Nigeria attracts $15.15 billion investment commitment in first half of 2019

Foreign investors in several sectors of the Nigeria economy made investment commitments to the tone of $15.15 billion within the first half of 2019.

Iran takes new position on nuclear deal

Iran has announced it would be suspending several commitments within the nuclear deal.
UN Women

UN pledges commitment to women’s access to social protection

After two weeks of deliberation, the 63rd Session of the UN Commission on the Status of Women (UNCSW) concluded Friday in New York.

Recent Stories

President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC demands new petrol price reversal

The Nigeria Labour Congress (NLC) has kicked against the new fuel price of N143.8 announced by the Petroleum Products Price Regulatory Agency (PPPRA) on Wednesday, saying “this might just be the last straw that would break the camel’s back.”
Former Nigeria international, Victor Moses came off the bench to help Inter Milan keep their Serie A dream alive with a win against Parma.

Inter Milan unlikely to count on Victor Moses for next season

Victor Moses could be on his way back to Chelsea after the expiration of his loan deal with Italian Serie A side Inter Milan.
Manchester United are still searching for a centre forward (number nine) despite having recently extended Odion Ighalo’s loan deal.

Odion Ighalo: I brought what Anthony Martial, Marcus Rashford lack to Manchester United

Former Nigerian International Odion Ighalo says he is a different kind of striker to Manchester United teammates Anthony Martial and Marcus Rashford.
Kelechi Iheanacho has refused to fault the Video Assistant Referee (VAR) for disallowing his goal against Norwich in last night’s premier league encounter.

Kelechi Iheanacho admits Leicester City’s form has dropped off

Kelechi Iheanacho has called on his Leicester City teammates to forget the 2 – 1 defeat to defeat against Everton and focus on the upcoming clash with Crystal Palace on Saturday.

Court remands man for ‘defiling’ 3-year-old daughter

An Ibadan Chief Magistrates’ Court on Friday ordered that a 41-year-old man, Effiom Etowa, who allegedly defiled his three-year old daughter, be remanded in the custody of Nigeria Security and Civil Defence Corps (NSCDC).