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Report: Sub-Saharan Africa’s economic outlook uncertain as global growth teeters

Sub-Saharan Africa’s economy will accelerate going into next year but could be derailed as the world moves onto an uncertain path that could bring an end to the recent synchronized uptrend, a Reuters poll showed yesterday.

Ekiti partners private investors to finance key projects

Ekiti State government has hinted of its plan to enter into partnership with some private investors and development partners to finance key projects in the state.
Kayode Fayemi

Ekiti attracts over $100 million for airport, agric zone, others

Ekiti state government has said efforts are at top gears to attracts a whopping sum of $100 million to invest in some critical infrastructures that are key to accelerate the socio-economic development of the state.
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.

World Bank, AfDB to give Ekiti $100 million loan to build airport, others

The Ekiti State Government has finally expressed its readiness to build an airport facility as part of efforts to attract investors to the state and make it the economic hub in all facets.

World Bank supports 50 communities affected by Boko Haram with N500 million

The World Bank-assisted Community and Social Development Programme (CSDP) has earmarked N500 million for provision of support to 50 communities affected by Boko Haram insurgents in Borno.

World Bank earmarks N500 million for 50 Borno communities affected by Boko Haram

The World Bank-assisted Community and Social Development Programme has earmarked N500 million for provision of support to 50 communities affected by Boko Haram insurgents in Borno.
Parliament of Uganda

Uganda announces ‘Kill the Gays’ bill, death penalty for homosexuals

Uganda has announced plans to reintroduce a bill which would bring in the death penalty for homosexuals in the East African nation.
Chiniki Guard, a Nigerian Information Communication Technology startup application, has won the best prize of $10,000 in the Artificial Intelligence category competition at the ongoing Gulf Information Technology Exhibition. GITEX is a global annual and biggest technology gathering in the Middle East, North Africa and South Asia, with theme: “Synergising the Mind and Technology Economy.”

GITEX 2019: Federal government woos investors to Nigeria, Africa

The Federal Government of Nigeria at the ongoing 39th Gulf Information Technology Exhibition (GITEX) has invited investors to leverage on the potential of Nigeria to do businesses for the boosting of its digital economy.
President Muhammadu Buhari Wednesday in Abuja administered oaths of office on members of the newly constituted Presidential Economic Advisory Council (PEAC), and also set an agenda of what they should accomplish in the shortest possible time. 3

President Buhari rejects World Bank, IMF statistics on Nigeria

President Muhammadu Buhari yesterday rejected statistics by the World Bank and the International Monetary Fund on Nigeria’s economy.
President Muhammadu Buhari Wednesday in Abuja administered oaths of office on members of the newly constituted Presidential Economic Advisory Council (PEAC), and also set an agenda of what they should accomplish in the shortest possible time. 4

President Buhari: Multi-million dollars spent on IDPs not impactful

President Muhammadu Buhari says the impact of hundreds of millions of dollars which international organisations claimed to have been spent on the Internally Displaced Persons (IDPs) in the North East is “rarely” seen on ground.

World Bank cuts sub-Saharan Africa’s 2019, 2020 growth forecast

The World Bank on Wednesday cut its economic growth forecast for sub-Saharan Africa for 2019 to 2021 by 0.2 percentage points from its earlier projection, citing a slowdown in fixed investment and policy uncertainty in the global economy.
President Muhammadu Buhari Wednesday in Abuja administered oaths of office on members of the newly constituted Presidential Economic Advisory Council (PEAC), and also set an agenda of what they should accomplish in the shortest possible time. 1

President Buhari urges economic council to brainstorm on how best to move economy forward

President Muhammadu Buhari on Wednesday in Abuja administered oaths of office on members of the newly constituted Presidential Economic Advisory Council (PEAC).
Abdulrahman Abdulrazaq

Kwara governor approves N60 million counterpart fund for CSDP projects

Kwara State Governor, Abdulrahman Abdulrazaq, has approved N60 million counterpart funds for the World Bank-funded Community and Social Development Projects (CSDP) to make the state benefit from projects.

Ekiti to benefit from World Bank’s RAAMP project in 2020

The World Bank has said that Ekiti State would soon join the list of states on the Rural Access and Agricultural Marketing Project (RAAMP) commencing in 2020.
The Bauchi state governor, Sen. Bala Mohammed, on Friday, inaugurated the newly appointed 20 commissioners as members of the State Executive Council (SEC).

Bauchi expresses readiness for implementation of accountability principles

Bauchi State Government has expressed its determination to ensuring the full implementation of the disbursement-linked Indicators, which is a World Bank initiative, under the state fiscal transparency, accountability and sustainability principles.

FIRS targets 45 million tax payers by December – Tunde Fowler

The Federal Inland Revenue Service (FIRS) says about 45 million Nigerians will be captured as taxpayers before December 2019.

World Bank put Nigeria’s external debt at $46.238 billion by 2018

The World Bank on Wednesday put Nigeria’s total external debt value at $46.238 billion as at the end of 2018.
Vice-President Yemi Osinbajo says he will remain loyal to his principal, President Muhammadu Buhari.

APC: No conspiracy, no rift in Aso Rock

The All Progressives Congress has reacted to news stories suggesting a widening rift in the Presidential Villa between President Buhari and Vice President Yemi Osinbajo.

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Godwin Obaseki

Edo governor urges political office holders, party chieftains to observe protocols

Gov. Godwin Obaseki of Edo has called on political office holders and party chieftains to observe protocol while visiting the state to ensure their security and avoid unnecessary attacks.

Court to hear suit challenging levies in Ikeja computer village

A Federal High Court in Lagos on Tuesday, adjourned until Nov. 19, to hear a suit challenging the imposition of levies in the Ikeja Computer Village.
The Emir of Gwandu and the Chairman Kebbi Council of Chiefs, Alhaji Muhammadu Bashar, has attributed the current security challenges in the country to the way in which Nigerians have been ignoring God’s commands and adopting satanic behaviours.

Emir flays media on fake Buhari marriage

Emir of Gwandu, Alhaji Muhammadu Bashar, has urged media organisations to be more professional in their efforts to disseminate information to Nigerians.
NSCDC

Two ‘rapists’ arrested in Ibadan

The Nigeria Security and Civil Defence Corps (NSCDC), Oyo State Command, said it had arrested two men, Muyiwa Olatunde, 32, and Fatai Wahab in connection with alleged rape.
The Governorship Election Petition Tribunal in Uyo, on Monday, ordered INEC to allow the All Progressive Congress (APC) candidate, Mr Nsima Ekere, to inspect all election materials used during the March 9 Governorship Election.

INEC: 2.37 million voters, 25,813 ad-hoc staff for Kogi, Bayelsa guber polls

The Independent National Electoral Commission (INEC) has said a total of 2.37 million voters will have access to voting during the November 16 governorship election in Bayelsa and Kogi states.