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The International Monetary Fund (IMF), says economic activity in sub-Saharan Africa is projected to recover by 3.1 per cent in 2021 after declining by 3.0 per cent in 2020.
The Kaduna State Government says it is working towards presenting the state 2021 draft budget to the Executive Council for ratification in October.
Following the crash in global oil prices occasioned by the coronavirus pandemic, indigenous Petroleum Explorationists have called for urgent intervention of the Central Bank of Nigeria, CBN, as they would be unable to meet their financial exposure to commercial banks at the current oil prices.
The International Monetary Fund, IMF, on Monday approved the disbursement of US$1 billion to be drawn under the Rapid Credit Facility (RCF).
The founder, Investment Banking and Trust Company (IBTC), Mr. Atedo Peterside, has identified macroeconomic stability, especially low inflation rate regime as a major panacea to attracting all types of investors into the Nigeria’s capital market.
The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January and August this year.
The Nigeria Association of Chambers of Commerce, industry, Mines and Agriculture (NACCIMA), has commended the handling of the economy by the current administration but however, decried inflation rate of 11.02 per cent as at August fueled by high food prices at 13.17 per cent in the same month.
President Muhammadu Buhari on Tuesday told incoming ministers that all requests for meetings with him should pass through his chief of staff, Abba Kyari.
The presidential candidate for Mauritania’s ruling party, Mohamed Cheikh El-Ghazouani, has declared himself the winner of the country’s general elections on Saturday night in the first round, while the results were still being compiled.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, Thursday, in Indonesia told a global audience that the implementation of the Economic Recovery and Growth Plan (ERGP 2017 – 2020) was moving Nigeria’s economy in a positive direction.
The Director-General of Media, Public Enlightenment and Communications to the Governor, Malam Yusuf Idris, disclosed this in a statement made available to journalists in Gusau on Saturday.
The Crime Reporters Association of Nigeria (CRAN), a body of journalists covering the security beat nationwide, has commiserated with the Inspector-General of Police Mr Mohammed Adamu, the entire Nigeria Police Force and Nigerians on their loss during the EndSARS protest.
At least two officials of the Ondo State Command of the Nigeria Security and Civil Defence Corps (NSCDC) lost their lives while one other was injured in a motor accident on Friday along the Ondo-Ore Road in Ondo State.
The Kano State Government has reiterated its commitment to the improvement of sanitation and hygiene for sustainable development in the state.
Bayelsa State Government has set up a six-member committee to probe allegations of illegal employment of some primary school academic and non-academic staff by the Yenagoa Local Government Council.
Two groups representing herdsmen in Oyo State have appealed to Governor Seyi Makinde to quickly come to their aid over alleged incessant killing of their members.
Governor Aminu Tambuwal of Sokoto State has denied hoarding COVID-19 palliatives meant for citizens amid coronavirus pandemic.
Pep Guardiola has addressed Sergio Aguero's contract situation at Manchester City, while admitting the Blues "miss him a lot" when he's not fit to play.
The Chief Of Army Staff, Lt. Gen. Tukur Buratai, is presently holding a meeting with Principal Staff Officers and top army commanders on the security situation in the country.
Morocco's foreign ministry said on Sunday the continuing publication of "offensive" cartoons of the Prophet Muhammad is an act of provocation.