Category: NEWS

How War in Ukraine Pushes Poverty Higher in Africa —World Bank:
April 19, 2022 No Responses

How War in Ukraine Pushes Poverty Higher in Africa —World Bank:

World Bank Group President, David Malpass has expressed concern over higher poverty rates in Africa and other developing countries due to war in Ukraine and COVID-19 related shutdown. A statement issued on Monday by the Bank quoted Malpass as making this...
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How war in Ukraine Worsens Economic Growth for Nigeria
April 13, 2022 No Responses

How war in Ukraine Worsens Economic Growth for Nigeria

United Nations on Tuesday warned that the fallout from the war in Ukraine could dramatically worsen the economic outlook for developing countries already grappling with debt financing related to the COVID-19 pandemic. UN, in a report published on Tuesday, stat...
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How Ventures Platform Secured First Close of US$40mn Pan-African Fund
December 20, 2021 No Responses

How Ventures Platform Secured First Close of US$40mn Pan-African Fund

Ventures Platform, the early-stage “discovery” venture capital fund championing the next generation of African entrepreneurs, has announced the first close of its new US$40m Pan-African, early-stage fund to invest in market-creating innovations. With this ...
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Why U.S.-based Nigerians Should hold homeland Dearly
November 1, 2021 No Responses

Why U.S.-based Nigerians Should hold homeland Dearly

Nigerians from across the U.S. on Saturday converged on the City of Linden, in the State of New Jersey, to hold conversations on the way forward for their homeland. The UN Correspondent of the News Agency of Nigeria (NAN) reports...
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Nigeria to Buy No Pilot Aerial Vehicles from Russia For Counter Insurgency Operations
October 14, 2021 No Responses

Nigeria to Buy No Pilot Aerial Vehicles from Russia For Counter Insurgency Operations

Indications have emerged that the Nigerian Army may have preliminary began plans to buy No Pilot Aerial Vehicles from Russia For Counter Insurgency Operations. According to Wikipedia No pilot aerial vehicles called an Unmanned Combat Aerial Vehicle (UCAV), a...
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Attention ECOWAS, AU, UN – Migration is Now BIG Issue For African Countries…
October 13, 2021 No Responses

Attention ECOWAS, AU, UN – Migration is Now BIG Issue For African Countries…

Migration: Stakeholders in the West African sub-region on Tuesday, met to review the priorities on ensuring safe, orderly, and regular migration as enshrined in the Global Compact for Migration (GCM). Representatives from the International Organisation (IOM), ...
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NIGERIA: Full Text of Pres. Buhari’s 2022 Budget Speech
October 7, 2021 No Responses

NIGERIA: Full Text of Pres. Buhari’s 2022 Budget Speech

2022 BUDGET SPEECH Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja  Thursday, October 7, 2021 PROTOCOLS 1.&nb...
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How Nigeria Became the Envy of Other African Nations Inspite Challenges
October 6, 2021 No Responses

How Nigeria Became the Envy of Other African Nations Inspite Challenges

How can Nigeria retain its pride of place in the comity of the African Nation in the light of the continuing political unrest, economic instability and ethnicity showdown across the geopolitical zones of the country? A religious leader, Pastor John...
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World Bank Approves $400m To Buy Covid-19 Vaccines for 150m Nigerians
October 2, 2021 No Responses

World Bank Approves $400m To Buy Covid-19 Vaccines for 150m Nigerians

World Bank on Friday made known it has approves the sum of USD400 million for the procurement of affordable COVID-19 for about 40 million of Nigerians and to also boost effective deployment of the vaccine about 110 million Nigerians. In...
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Africa faces 470m COVID-19 vaccine shortfall in 2021 – WHO
September 17, 2021 No Responses

Africa faces 470m COVID-19 vaccine shortfall in 2021 – WHO

Africa needs around 470 million doses to accomplish the global target of fully vaccinating 40 per cent of its population by the end of 2021, the World Health Organisation (WHO) said on Thursday. The international COVAX initiative aimed at guaranteeing...
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