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Economic Development

Experts want Nigeria to use IMF loan for the purpose intended

Some financial experts have urged the federal government to use the loan approved by IMF for the purpose intended so as to help sustain the country’s economy.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

National Assembly resumes Tuesday

The official announce­ment made by the Clerk reads: “This is to inform the distinguished senators of the Federal Republic of Nigeria that the Senate will resume plenary on Tuesday, 28th April, 2020.”

Town unions urge South-East governors to evacuate stranded Igbos

The umbrella body of all the town unions in the South East, ASETU, has sent save our soul message to the South East Governors, appealing to them to arrange as soon as possible, the evacuation of all her sons and daughters stranded across different parts of the globe as result of COVID-19 pandemic.
David Olofu

Coronavirus: April FAAC meeting to hold virtually – commissioners

To maintain the social distancing rule due to the coronavirus outbreak, the April edition of the Federal Account Allocation Committee meeting would hold via video conferencing.
Zhao Lijian’s, its Foreign Ministry spokesperson made the remarks in a statement issued last night in Abuja, against the background of alleged discriminatory practises against Africans resident in the city of Guangdong.

China denies maltreatment of Africans

For the second time in less than one week, the Republic of China has again restated its commitment to warm relationship with African countries.

Canada had record-breaking year in tourism industry before coronavirus outbreak

Canada’s tourism industry has been basking in a robust visitor economy in the past years, even highlighting last year, 2019, as the strongest ever in terms of the number of visitors and GDP contribution.
Lagos State Governor, Mr Babajide Sanwo-Olu, on Sunday, said his government will deliver the ongoing Oshodi-Abule Egba BRT corridor project by end of May 2020.

Governor Sanwo-Olu congratulates Asiwaju Tinubu at 68

The Lagos State Governor, Babajide Sanwo-Olu, has congratulated the National Leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, on his 68th birthday.
Gov. Babagana Zulum disclosed this when members of the Borno-Yobe Elders Forum-Residents of Abuja paid him a courtesy visit on Sunday in Maiduguri.

President Buhari approves 10,000 housing units for Borno – governor

The Federal Government has approved the building of 10,000 housing units in Borno to fast track Reconstruction, Rehabilitation and Resettlement (RRR) programme in the war-torn state.
Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.

Edo proposes new city layout in Iyekogba axis

Edo government says it will expand the Benin City-Iyekogba axis in ward 2, of Orede Local Government Area (LGA) for proper planning of communities in the area.
United Nation’s Children Fund (UNICEF)

UNICEF: Violence against children impedes socio-economic development

Mr Murtala Mohammed, a Child Education Specialist, United Nations Children’s Fund (UNICEF) Lagos Office, says violence against children hampers social and economic development in any society.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Minister lauds Chevron for role in growth, development of oil and gas sector

Minister of State for Petroleum, Chief Timipre Sylva, has lauded oil and gas giant, Chevron Nigeria Ltd, for its immense contributions to the growth and development of the oil and gas sector in Nigeria.

Police urge warring Oyo council chiefs to sheath their swords

As the crisis in local government administration in Oyo State lingers, the State Police Command has enjoined the two contending sides, the sacked local government chairmen and caretaker chairmen, to sheath their swords and allow peace reign.
In continuation of its renewed efforts to provide more critical infrastructure in the state, the administration of Governor Ifeanyi Ugwuanyi of Enugu State has approved the execution of development projects worth over N2.5 billion.

Enugu government approves over N2.5 billion for ‘critical infrastructure’

In continuation of its renewed efforts to provide more critical infrastructure in the state, the administration of Governor Ifeanyi Ugwuanyi of Enugu State has approved the execution of development projects worth over N2.5 billion.
Qatar and FIFA published Tuesday the first jointly issued legacy planning strategy ahead of a football World Cup, with pledges on labour and LGBT rights alongside protections for activists and journalists.

Qatar, FIFA publish World Cup rights pledges

Qatar and FIFA published Tuesday the first jointly issued legacy planning strategy ahead of a football World Cup, with pledges on labour and LGBT rights alongside protections for activists and journalists.
Senator Chimaroke Nnamani

Christmas: Senators seek religious harmony, peaceful coexistence

Chairman, Senate Committee on Cooperation and Integration in Africa/NEPAD, Senator Chimaroke Nnamani, on Tuesday called for harmony between and among religious adherents in order to engender peace and unity in the country.

Yuletide: APGA berates Abia governor over workers’ salaries, pension arrears

The All Progressives Grand Alliance (APGA), Abia State chapter, has carpeted Gov. Okezie Ikpeazu over the alleged inability of his government to pay accumulated salaries and pension arrears owed Abia workers and senior citizens respectively.
Bisi Adeleye-Fayemi

Bisi Fayemi urges federal government to ban imported ‘Aso-Oke’ to revive textile industry

The First Lady of Ekiti State, Mrs Bisi Fayemi, has urged the Federal Government to ban imported ‘Aso-Oke’ fabric and revive the nation’s textile industry to boost sustainable economic growth.
A man shows a wad of the new Zimbabwe two-dollar notes he received from a bank in Harare on November 12, 2019. (Photo by Jekesai NJIKIZANA - AFP)

Zimbabwe to introduce higher denomination notes

Zimbabwean President, Emmerson Mnangagwa, on Friday, said new 10 and 20 Zimbabwe dollar notes would be introduced in the next few days as the government moves to contain persistent cash shortages.

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Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus attends a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland, February 28, 2020. REUTERS-Denis Balibouse-File Photo

WHO fears ‘silent’ virus epidemic unless Africa prioritises testing

Africa has so far been spared the worst impact of the coronavirus, but the World Health Organisation is worried the continent could face a “silent epidemic” if its leaders do not prioritise testing for it, a WHO envoy said on Monday.
During a session with the club's media, Manchester United forward Odion Ighalo was surprised to receive a call from legend Andy Cole.

Manchester United fans sad over Odion Ighalo transfer update

Manchester United fans will be sad if Odion Ighalo leaves the club this summer.
Nigerian National Petroleum Corporation (NNPC)

Report: Only 18% of NNPC’s 6,621 staff strength are women

The Nigerian National Petroleum Corporation (NNPC) says it currently has 6,621 staff strength both at its headquarters and across all its subsidiaries, division and offices nationwide.
“Stay at home,” Prime Minister Boris Johnson said in a televised address to the nation, as he unveiled unprecedented peacetime measures after the country’s death toll climbed to 335.

Boris Johnson: Britain to reopen thousands of shops as eases coronavirus lockdown

Britain will reopen thousands of high street shops, department stores and shopping centres next month, Prime Minister Boris Johnson said on Monday.
Niger Delta Development Commission (NDDC)

NDDC: Nobody is against forensic audit – Group

Contrary to the claims by the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) that vested interests are against the Forensic Audit ordered by President Muhammadu Buhari in October last year, the Niger Delta Renaissance Coalition (NDRC) has restated that all well-meaning Civil Society Organisations (CSOs) and persons across the Niger Delta region and beyond support the long-desired forensic audit.