Home Topics Economic Stimulus

Economic Stimulus

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

World Bank approves $1.5 billion loan for Nigeria

“This country partnership framework will guide our engagement for the next five years in supporting the government of Nigeria’s strategic priorities by taking a phased and adaptive approach,” Shubham Chaudhuri, World Bank country director for Nigeria said.
Minister of Finance, Zainab Ahmed

Nigerian government processing $750 million World Bank loan for states

The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption.
The Nigeria Governors’ Forum (NGF) and the Federal Government have commenced a Human Capital Development (HCD) plan towards moving 24 million Nigerians out of poverty before 2030.

Nigerian governors reveal how coronavirus affected governance, development

Governors of the 36 states of the federation Wednesday told the deputy Secretary general of the United Nations how the Covid-19 pandemic affected governance and development in Nigeria in the period under review.

#EndSARS: UN deputy chief commend governors’ handling of protests

UN Deputy Secretary-General Amina Mohammed met on Tuesday with the governors of the 36 states of the Federation on the platform of Nigeria Governors’ Forum (NGF), commending their maturity in the handling of the #EndSARS protests.
Zainab Ahmed

Nigerian inaugurates committees to implement N-Cares

The Federal Government has inaugurated the Federal Steering Committee and Federal Technical Committee of the Nigeria COVID-19 Action Recovery for Economic Stimulus (N-CARES).
The United States on Tuesday passed an additional coronavirus relief package worth $484 billion (N181 trillion) to address emerging public health and economic challenges occasioned by the pandemic.

US senate passes additional $484 billion coronavirus relief package

The United States on Tuesday passed an additional coronavirus relief package worth $484 billion (N181 trillion) to address emerging public health and economic challenges occasioned by the pandemic.
Lagos State Governor, Babajide Sanwo-Olu on Tuesday ordered the closure of all markets in the state except food markets and those selling essential commodities due to rise in coronavirus cases. 4

Lagos rolls our economic stimulus, targets 200,000 households

Few days after the Lagos State Government issued a stay-at-home directive to residents, in order to curtail the spread of the novel coronavirus, Governor Babajide Sanwo-Olu has unveiled economic stimulus package for the indigent and the most vulnerable in the society.
Economic stimulus plans worth $40 billion have been rolled out by the central banks of the United Arab Emirates (UAE) and Saudi Arabia, the two largest Arab economies.

Coronavirus: $40billion economic stimulus plans rolled out by UAE, Saudi Arabia

Economic stimulus plans worth $40 billion have been rolled out by the central banks of the United Arab Emirates (UAE) and Saudi Arabia, the two largest Arab economies.

Recent Stories

FILE PHOTO - Secretary of State Mike Pompeo speaks at the National Press Club in Washington, DC, U.S., January 12, 2021. Andrew Harnik-Pool via REUTERS

U.S. imposes fresh sanctions on Iran in final days of Donald Trump presidency

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.
Cristiano Ronaldo and Pep Guardiola were honoured at the Globe Soccer Awards in Dubai, the duo named player and coach of the century respectively.

Report: Cristiano Ronaldo to extend his Juventus contract by a year

There have been talks of the Juventus attacker leaving the club in the nearest future, however, the latest report from Momblano via Calciomercato says that the attacker will sign a one-year extension to his current deal soon.
England, Nigeria and Canada are in a three-way tussle for the services of Fikayo Tomori, with the Chelsea centre-half’s impressive displays putting him on Gareth Southgate’s radar.

AC Milan close to signing Fikayo Tomori on loan with buy option

Serie A leaders AC Milan are aiming to secure the loan signing of Fikayo Tomori from Chelsea with a buy option in the next few days, reputed journalist Fabrizio Romano reports.
FILE PHOTO: Committee Chairman Roger Wicker (R-MS) attends the Senate Commerce, Science, and Transportation Committee hearing 'Does Section 230's Sweeping Immunity Enable Big Tech Bad Behavior?', on Capitol Hill in Washington, DC, U.S., October 28, 2020. Michael Reynolds/Pool via REUTERS

U.S. Senate Republican asks tech firms to explain account, content removals

The outgoing Republican chairman of the Senate Commerce Committee asked the chief executives of major U.S. tech firms Apple Inc, Facebook Inc, Amazon.com Inc, Alphabet Inc and Twitter to answer detailed questions about decisions to restrict or permanently ban accounts of conservative users and other steps to restrict content or platforms.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Coronavirus: Edo governor suspends reopening of schools

The Edo State Governor, Mr. Godwin Obaseki, has suspended the resumption of schools in the state over the increasing cases of COVID-19.