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Network appeals for more test kits to prevent mother-to-child HIV transmission

Network of People Living with HIV/AIDS in Nigeria (NEPWHAN) on Wednesday called for more test kits to prevent deaths of pregnant women and babies as a result of mother-to-child transmission of HIV in the ongoing COVID-19 pandemic.
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 gives Kenya $43 million more for fight against coronavirus

The World Bank has released a second tranche of Sh4.6 billion ($43 million) for counties to use in strengthening devolution as they race against time to secure 300 beds for Covid-19 patients.
The Chairman of the Foundation’s Board, Dr Chiwuike Newington Uba, gave the advice in a statement on Tuesday in Enugu.

Revised budget: Group urges Nigerian government to ensure high performance

An NGO, the Amaka Chiwuike Uba Foundation (ACUF), has urged the Federal Government to lay emphasis on credibility and high performance of the 2020 Revised Budget as a catalyst for infrastructure development.
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

IMF, World Bank to hold fall meetings virtually due to coronavirus

The IMF and World Bank Group announced Thursday that their annual fall meetings will be mostly virtual due to the coronavirus pandemic.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

MAN welcomes CBN’s unification of exchange rates

The Manufacturers Association of Nigeria (MAN) says the unification of the country’s exchange rate is a welcome development that will engender increased investment inflow in the real sector of the economy.
Recall that the N10.594 trillion 2020 Budget passed by the National Assembly was on Tuesday assented to by President Muhammadu Buhari. 4

President Buhari to sign revised 2020 budget Friday

President Muhammadu Buhari will on Friday sign into law the revised 2020 budget passed by the National Assembly in June.

NCC chairs ministerial broadband implementation steering committee

The Nigerian Communications Commission (NCC) has been saddled with the responsibility of leading the team that will ensure effective monitoring and steering of the overall implementation of the National Broadband Plan (NBP) 2020-2025.
Minister for Foreign Affairs, Geoffrey Onyeama has said that the Nigerian Government would use the Forum of the UN General Assembly (UNGA) to seek global support fighting terrorism and increasing Foreign Direct Investments (FDI).

Minister extols Nigeria’s security as top success story

The Minister of Foreign Affairs, Geoffrey Onyeama, has identified security as a major success so far recorded by the President Muhammadu Buhari led administration since the past five years.
Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala, five others jostle for WTO job

Six candidates are vying to become the next head of the World Trade Organisation, an institution which faced mammoth challenges even before the pandemic-driven global economic crisis struck.
Akwa Ibom State Governor Udom Emmanuel says it is unsafe to reopen schools in the state in view of the COVID-19 pandemic.

Akwa Ibom approves tax holiday for tax payers

Akwa Ibom state government has approved a tax holiday for all categories of tax payers in the state in a bid to cushion the adverse effect of the Coronavirus pandemic on people and businesses.
The governor, Hope Uzodinma, disclosed this in Owerri, after meeting with the leadership of the state chapters of the Nigeria Union of Pensioners, NUP, led by Josiah Ugochukwu, Nigeria Labour Congress, NLC, Comrade Austin Chilakpu and Trade Union Congress, TUC, at the Government House in Owerri.

Imo publishes eight names involved in N330 million pension fraud

The Imo State government yesterday made public of its findings in the payroll system regarding pension fraud which involved eight persons said to be receiving N330 million annually as a pension.
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

Power: World Bank loan will unlock economic growth – capital market operator

A capital market operator, Mr Godwin Anono, says the World Bank loan of $750million to fix energy challenges in the country will unlock the country’s economic growth.
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: Number of extremely poor Nigerians to hit 95.7 million in 2022

The World Bank has accessed the impact of the rampaging COVID-19 pestilence and predicted that 95.7 million Nigerians will live below the poverty line by 2022.

Using coronavirus donations to give charity a bad name

Global response to the outbreak of the Coronavirus in Africa has been remarkable, especially following fears that should the virus take hold, its impact on the continent could be catastrophic.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB named fourth most transparent aid institution

The Asian Development Bank was ranked first with the International Development Association of the World Bank and the United Nations Development Programme (UNDP) occupying the second and third positions.
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: Nigeria faces worst recession in 40 years

The collapse in crude oil prices, coupled with the COVID-19 pandemic, is expected to “plunge the Nigerian economy into a severe recession, the worst since the 1980s”, the World Bank said on Thursday.

NSHIP donates 750 hand washing tools to Bauchi

A total of 750 stand-alone handwashing tools have been donated to the Bauchi State government for distribution to the health facilities by the National PIU of the Nigeria State Health Investment Project (NSHIP-NPHCDA).
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 $750 million for Nigeria’s power sector recovery

The World Bank has approved a 750 million dollar International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO) to improve electricity supply.

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The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Central bank seeks special court to try loan defaulters

As the national assembly prepares to repeal the Banks and Other Financial Institutions Act (BOFIA) 2004 and enact a new one, BOFIA 2020, Central Bank of Nigeria (CBN) has asked for the establishment of a Credit Tribunal to address the issue of non-performing loans.
Jose Mourinho has sent a message to Marcus Rashford after scoring a brace in the 2-1 victory over Tottenham Hotspurs in the Premier League encounter at Old Trafford.

Marcus Rashford to receive honour for charity work

Marcus Rashford to become the youngest person to receive an honorary doctorate from the University of Manchester for his work campaigning against child poverty and his sporting achievements.
L-R: Chairman, South West Governor’s Forum and Ondo State Governor, Arakunrin Rotimi Akeredolu; his Counterparts from Osun, Ogun, Lagos, Ekiti and Oyo States, Mr. Gboyega Oyetola; Prince Dapo Abiodun; Mr. Babajide Sanwo-Olu; Dr. Kayode Fayemi and Mr. Seyi Makinde

South-West states ready to reopen schools for WASSCE

The six South-West states have signified readiness to reopen schools for pupils to sit for the 2020 West African Senior School Certificate Examination amid the coronavirus pandemic.
Scientists around the world are building up their knowledge about the coronavirus, as they frantically search for a cure and vaccine.

Bangladesh arrests hospital owner over fake coronavirus results

A Bangladesh hospital owner accused of issuing thousands of fake negative coronavirus test results to patients at his two clinics was arrested Wednesday while trying to flee to India in a burqa, police said.
Everton manager, Carlo Ancelotti, has hinted that he will look to bring in midfield reinforcements after that area of his team was exposed in Sunday’s defeat to Wolves.

Carlo Ancelotti plans to overhaul Everton’s midfield

Everton manager, Carlo Ancelotti, has hinted that he will look to bring in midfield reinforcements after that area of his team was exposed in Sunday’s defeat to Wolves.