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A World Bank report says officially recorded remittance flows to low- and middle-income countries reached 540 billion dollars in 2020, 1.6 per cent below the 2019 total of 548 billion dollars.
In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria,
Defending champions Super Falcons of Nigeria will face arch rivals Black Queens of Ghana in the first round of the 2022 African Women’s Cup of Nations (AWCON) qualifiers.
Zambia’s Konkola Copper Mines (KCM) has not been temporarily or permanently shuttered, the state-appointed provisional liquidator of the copper mine previously owned by Vedanta Resources said on Wednesday, denying a Bloomberg report.
President Muhammadu Buhari has parted ways with an influential Catholic cleric, who previously described Buhari as “messiah’’ because the president refused to give him a juicy contract.
The second edition of the African Minifootball Confederation (AMC) Cup of Nations has been scheduled to hold in Ibadan the capital of Oyo state in Nigeria from July 8-17.
Nigeria presently lags behind its peers in Africa in terms of public expenditure-to-Gross Domestic Product (GDP) ratio, the Director-General, Budget Office of the Federation, Mr. Ben Akabueze, has said.
Scientists at a leading global grains research institute expect to sharply ramp up new wheat varieties enriched with zinc that can boost the essential mineral for millions of poor people with deficient diets, the institute’s head told Reuters.
The Dangote Cement Plc. has denied selling its products at higher rates in Nigeria than elsewhere, saying it has instead lost dollar earnings to meet local demand.
Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The clarification was made in view of recent insinuations that the company sells cement in Nigeria at significantly higher prices relative to other countries, particularly Ghana and Zambia.
Debt experts, charity groups and investors welcomed news on Wednesday that the world’s poorest countries will get new IMF funds and COVID-19 debt relief, but they also cautioned that for some it would still only be a band-aid solution.
An Ethiopian Airlines cargo plane flying into Zambia accidentally landed at an airport that is still under construction, a government official said on Monday.
Fifa referee Charles Bulu is now in a stable condition after collapsing on Tuesday evening.
Dozens of people were said to have been killed in a raid by Islamist militants in Mozambique, as an upsurge of violence threatens billions of dollars worth of energy projects in one of Africa’s poorest nations.
Several African heads of state have arrived for the event including the presidents of Kenya, South Africa, Zimbabwe, Comoros, Mozambique, Zambia and Democratic Republic of Congo.
The ruling All Progressives Congress, APC, has described Monday’s meeting of governors of the opposition Peoples Democratic Party PDP as a jamboree and a complete waste of time, accusing the state executives of engaging in name calling and abuses.
The Peoples Democratic Party (PDP) Governors’ Forum has unanimously has asked President Muhammadu Buhari to immediately summon the meeting of the Nigerian Police Council...
Governors under the aegis of the Nigeria Governors’ Forum (NGF) have appealed to the Nigeria Labour Congress (NLC) to exercise calm and restraint in its engagement with the Kaduna State government.
The 27-year-old has grown frustrated over the club's inability to compete at the highest level, having seen his side fall out of contention to secure Champions League football for next season.
Juventus are studying the future and are reportedly considering Napoli coach Gennaro Gattuso as a possible alternative to replace Andrea Pirlo.
Although the agenda of the meeting between the two leaders, which began at about 11.18am was not made public, it may not be unconnected with the need for countries sharing boundaries in the Sahel region to find a permanent solution to the menace of terrorism and arms proliferation threatening the peace and security of the region.
The Imo state police command, yesterday said that it has arrested two suspected inmates of Owerri Correctional Center, believed to be among the over 1,800 inmates who escaped when the “unknown gunmen” attacked the Correctional facility last month.
The Kwara State Government has announced plans to support young entrepreneurs in the state with huge interest-free loans, under an ambitious initiative of Gov. AbdulRahman AbdulRazaq to invest in and raise a new generation of successful young men and women.
Cristiano Ronaldo’s mother said she will talk to the Portugal international and ‘try to convince’ him to return to Sporting CP.
Men of the Nigeria Security and Civil Defence Corps, Kwara State Command, on Saturday, arrested six suspected members of two rival cult groups in Ilorin, the state capital.