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Sudan’s main opposition alliance will nominate economist Abdalla Hamdok to serve as prime minister in the country’s transitional government, sources told Reuters on Thursday.
An economist, Dr Boniface Chizea, has urged commercial banks and the Central Bank of Nigeria (CBN) to work together to ensure the proposed re-capitalisation had positive impacts on their operations and economy at large.
In a report on Thursday, the magazine said more Nigerians slipped into poverty during Buhari’s first term while the country’s economy “stuck like a stranded truck.”
An Economist, Mr Rasheed Yusuf, has urged CBN to sustain its ban on 40 items from accessing foreign exchange at the official window to promote their local production and generate more jobs.
Ekiti State governor, Dr Kayode Fayemi, has expressed optimism that the just concluded three-day retreat of top government functionaries in the state has fired up members of his cabinet and the leadership of the public service in the state for optimum service delivery.
Nigeria is not the poverty capital of the world, Abiodun Adedipe, an economist and member of the Nigerian Economic Summit Group, has said.
A Warri-based Economist, Dr Fred Atigbi, has applauded President Muhammadu Buhari’s refusal to acede to the “Free Africa Trade Agreement”.
Economic and financial experts have said delay in passing the 2019 budget will cause inflation and also affect the country’s Gross Domestic Product (GDP).
A former vice president, Namadi Sambo, on Tuesday canvassed more support to the ongoing efforts of the federal government to diversify the nation’s economy.
In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).
President Muhammadu Buhari on Monday received the report of the Technical Advisory Committee on the implementation of the new National Minimum Wage at the Presidential Villa, Abuja.
Rescue workers retrieved 24 bodies and eight survivors on Saturday from two flooded gold mines in Zimbabwe where officials fear dozens more illegal miners are still trapped, state television reported.
The Economist magazine has predicted that the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, will win the February 16 election.
Ugandan President Yoweri Museveni has called Somalia a country with no state and which lacks “organised authority” in a televised speech in the capital, Kampala.
Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has made her intentions of vying for the post of World Bank’s President known.
An economist, Prof. Pat Utomi, has said the likely retention of the Monetary Policy Rates for a while at 14 per cent was reasonable due to non-availability of pressure on the economy.
The internet is working again in the Democratic Republic of Congo after being blocked since December 31 in a likely attempt to dampen speculation about the presidential election results.
British Prime Minister Boris Johnson is due in Paris on Thursday to meet President Emmanuel Macron as he campaigns for the European Union (EU) to drop its insistence on a guarantee that Brexit should not lead to a hard border in Ireland.
Two Local Government Areas of Gubio and Magumeri in Northern Borno Senatorial District are currently under the control of Boko Haram when the insurgents in their large number launched a coordinated attack on the communities beginning from Wednesday evening through Thursday morning without confrontation.
The Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN, in Ondo State, yesterday, directed the Ondo Police Command to arrest and prosecute any of its members found grazing around the Airport in Akure, Ondo State.g
Nine people have died and 35 are still missing after a series of mudslides in an autonomous region of China’s southwestern Sichuan province, local authorities said Thursday.
The Nigerian Stock Exchange has delisted the shares of defunct Skye Bank Plc and Fortis Microfinance Bank Plc from the daily official list of the Exchange.
Edo State Governor Godwin Obaseki has raised an eight-man panel to investigate the fire, which razed about 90 shops in the spare parts market in Uwelu, Egor Local Government.
Human rights activist Femi Falana on Monday said it is time to mobilise Nigerians for a revolution because of wanton insecurity and the poor state the nation’s economy have become.
Liverpool winger Mohammed Salah has insisted he is happy at the club, despite Gary Neville suggesting he could leave in 12 months’ time.
The Chairman, Senate committee on Judiciary, Senator Opeyemi Bamidele, on Monday said the Senate will partner with the Nigerian Copyright Commission (NCC) to ensure that owners of copyright get adequate reward for their labour.
Nigeria cannot achieve Universal Health Coverage (UHC) until the National Health Insurance Scheme (NHIS) is made compulsory for all Nigerians, the executive secretary of the scheme, Mohammed Sambo, has said.