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Congo Republic's President Denis Sassou Nguesso pledged to reform and simplify business and tax laws to help boost economic growth as he was sworn in on Friday, prolonging his 38-year reign over the central African oil producer.
The All Progressives Congress (APC) has faulted claims by Gov. Godwin Obaseki of Edo, that Nigerian economy was in critical situation due to huge debt burden.
Pope Francis yesterday urged the International Monetary Fund (IMF) and the World Bank to cut the debt burden of poor countries hit by the economic impact of the COVID-19 pandemic and give their governments a greater say in global-decision-making.
African economies are expected to grow by an average of 3.4% this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century.
German chancellor Angela Merkel has announced that Germany will be providing an additional N570billion (1.5 billion euros) to the ‘Access to COVID-19 Tools Accelerator’ (ACT Accelerator), the platform coordinated by the World Health Organization (WHO) to support the global efforts to tackle the COVID-19 pandemic.
Mr Israel Famurewa, Chairman, Osun State Universal Basic Education Board (SUBEB), says government will ensure merit and create a level-playing field for all applicants in the ongoing teachers’ recruitment exercise in the state.
Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden’s inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth.
Former Finance Minister Seth Terkper has revealed that Ghana risked returning to the International Monetary Fund (IMF) for support following the rising debt.
The African Vaccine Acquisition Task Team (Avatt) – established by African Union (AU) chairperson Cyril Ramaphosa – has secured a provisional 270 million vaccine doses for African countries.
Finance Minister Liu Kun made the call in an interview published on the website of the ministry of finance on Friday.
At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown up against Nigeria’s struggling economy.
Vice President Yemi Osinbajo will represent Nigeria at the sixth inauguration of President Yoweri Museveni of Uganda.
The Lagos State Government on Tuesday said it had recovered more than N50 million from parties involved in illegal real estate transaction activities.
The state’s Deputy Governor, Manassah Jatau, made the declaration in Gombe on Tuesday when a Presidential Visitation Panel, led by Prof. Kenneth Okiongbo, visited the school.
The Bauchi State Road Traffic Agency (BAROTA), on Tuesday, reiterated that activities of commercial motorcycle riders, popularly known as ‘Okada’ or ‘Achaba’, remained banned in the state.
An African regional organisation said about 60 per cent of people from South Sudan are facing “their worst food security” and nutrition crisis since the country became independent a decade ago.
Popular reality TV star and former Big Brother Naija housemate, Alex Asogwa aka Alex Unusual has said she learnt how to ignore people at the Big Brother Naija House.
The Enugu State Small and Medium Enterprises (SME) Centre is currently training 350 youths on automobile panel beating, painting and artwork.
The Nigerian presidency has confirmed an attempted break-in by burglars into the official residence of the president’s chief of staff, Prof Ibrahim Gambari.
Gunmen suspected to be members of the Indigenous People of Biafra (IPOB) have reportedly killed two policemen and razed a police station at Mkpatak, Essien Udim local government area of Akwa Ibom state.
According to Environment Rights Action/Friends of the Earth Nigeria (ERA/FoEN) field reports, the spill, which was attributed to equipment failure, occurred at Idu Well 11, a facility owned by the Nigerian Agip Oil Company, NAOC.