Financing
IMF chief sees ‘high degree of uncertainty’ in global outlook
The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources.
World Bank to invest $5 billion in Africa’s drylands
The World Bank Group plans to invest over $5 billion over the next five years to help restore degraded landscapes and improve agriculture productivity.
Estonian prime minister to resign – spokeswoman
Estonian Prime Minister Juri Ratas, a member of the European Union, early on Wednesday announced his intention to resign, his spokeswoman, Liisi Poll, said.
Algerian ex-premier admits selling gold bars on black market
Former Algerian premier, Ahmed Ouyahia, on trial for corruption, admitted Saturday to receiving gold bars from Gulf donors then selling them on the black market, the official APS news agency reported.
AfDB grants $11.26 million for women, girls’ education in Chad
The Board of Directors of the African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls’ Education and Women’s Literacy Project – the bank’s first grant exclusively targeting women and girls.
NNPC seeks $1 billion funding to revive PHC refinery
The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State.
Kano agency probes N7 billion foreign scholarship programme
The Kano State Public Complaints and Anti-corruption Commission has launched an investigation into how funds meant for the state’s foreign scholarship scheme about six years ago were utilised.
Qatar crisis: Saudi Arabia and allies restore diplomatic ties with emirate
Diplomatic relations have been restored between Qatar and four Arab states that imposed an embargo against it for three years, the Saudi foreign minister says.
VP Osinbajo secures cement manufacturers pledge to offer discount for housing scheme
Vice-President Yemi Osinbajo has secured the pledge from cement manufacturers in the country to offer discount on the commodity for the Federal Government’s Social Housing Scheme.
Bayelsa governor signs N329 billion 2021 budget into law
Bayelsa State Governor, Senator Douye Diri, has signed the 2021 Appropriation Bill of N329.29 billion into law.
President Buhari asks central bank not to give money for food importation
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide foreign exchange for the importation of food items.
La Liga boss slams ‘clandestine’ Super League plans
La Liga president Javier Tebas has slammed a proposed Super League, claiming current planning is "clandestine" and that any such competition would quickly go bankrupt.
AfDB’s board approves borrowing programme for 2021
The 2021 Borrowing Programme of the African Development Bank (AfDB) has been approved by the Board of Directors for up to $10.4 billion to be raised from capital markets.
Nigerian government unveils prototype for mass housing scheme
The Federal government yesterday unveiled a prototype of its Mass Housing Scheme at Model House, Dei Dei, FCT, Abuja.
![Logo of the World Health Organization [WHO]](https://www.today.ng/wp-content/uploads/2018/06/28084643-324x235.jpg "Coronavirus: $28 billion ACT project is ‘best deal in town’ – WHO")
Coronavirus: $28 billion ACT project is ‘best deal in town’ – WHO
An international coalition aiming to tackle the COVID-19 pandemic needs $28 billion, a bargain price for stopping the damage done by a virus that has run rampant for the past year, a senior UN World Health Organisation (WHO) official said on Tuesday.
Amotekun: Oyo governor launches 33 vehicles, 396 motorcycles for smooth operation
Gov Seyi Makinde of Oyo State on Tuesday, launched 33 pick-up vehicles and 396 motorcycles for the smooth operation of the Western Nigeria Security Network, code-named Amotekun, in the state.
AfDB chief calls for investment in education, human capital to transform Nigeria
Dr. Akinwumi Adesina, President, African Development Bank (AfDB), says there is need for a massive rebirth and proper financing of education to have a new Nigeria.
Anchor borrower game-changer in financing of smallholder farmers – CBN chief
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the Anchor Borrowers’ Programme (ABP) has proven to be a game-changer in the financing of smallholder farmers in the country.
Recent Stories
NDLEA chair: Over 15 million Nigerians abuse drugs
The National Drug Law Enforcement Agency (NDLEA) has lamented the rate of drug abuse in the country.
Mo Salah: I want to stay at Liverpool as long as I can
The Egypt international, the Premier League's top scorer this season with 13 goals, has a contract until the summer of 2023 and has said he wants to stay and continue to break records with the Reds.
Telegram says it ‘shut down hundreds of public calls for violence’ in US last...
Amid rising political tensions in the United States, Telegram founder Pavel Durov says his chat service has taken down hundreds of public calls for violence, in accordance with the platform’s terms of service.
FBI: Capitol rioter hoped to sell Nancy Pelosi laptop to Russia
A young woman identified as having taken part in the storming of the US Capitol reportedly stole a laptop belonging to top Democrat Nancy Pelosi and hoped to sell it to a Russian spy agency, according to an FBI criminal complaint.
2023: Why we are forming new political movement – Senator Okorocha
Okorocha, representing Imo West Senatorial District in the National Assembly, said himself and other progressive-minded politicians were perfecting the plan as a result of the silent agitations and complaints across the country against the current state of the nation.
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![President Donald Trump speaks to the media before boarding Air Force One at Andrews Air Force Base [Alex Brandon-The Associated Press]](https://www.today.ng/wp-content/uploads/2021/01/12164435-150x150.jpg "Expert predicts Republican Party breakup over Donald Trump")
Expert predicts Republican Party breakup over Donald Trump
An American political scientist, Prof. Lara Brown, has predicted a breakup of the Republican Party on account of outgoing President Donald Trump’s actions.
AGF denies receiving bribe in NDDC administrator’s appointment
The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has described as “fictitious and malicious” reports that he was bribed in respect of the appointment of a sole administrator for the Niger Delta Development Commission (NDDC).
Ike Ugbo scoops Cercle Brugge goal of the month award for December
Ugbo’s second goal in Cercle Brugge’s 4-3 home defeat against Sporting Charleroi on December 15 , was picked as the best for the month.
EFCC asks court to inspect $9.8 million, £74,000 in CBN seized from ex-NNPC chief
The Economic and Financial Crimes Commission (EFCC) has urged a Federal High Court in Abuja to visit the Kano branch of the Central Bank of Nigeria (CBN) to inspect the $9,772,800 and £74,000 cash seized from a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu.
Over 8,000 passengers access e-ticketing on Abuja-Kaduna train route
Less than a week of the commencement of e-ticketing on the Abuja-Kaduna rail line, over 8,000 passengers have accessed the portal, the Minister of Transportation, Rotimi Amaechi, has said.