Reps invite minister over N1.1trn conditional cash transfer
Oct. 31, 2023 The House of Representatives has invited the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu over the formula for the planned distribution of N1.1 trillion…
How FG will spend N2.1trn supplementary budget; INEC gets N18bn for Kogi, Imo, Bayelsa poll
The Federal Executive Council (FEC) has approved a 2023 supplementary budget of N2.1 trillion while also giving a breakdown of how the money will be used. Minister of Budget and…
Nigeria’s cabinet okays proposed $1.5 bln borrowing from World Bank -Finance minister
October 16, 2023 Nigeria’s cabinet has approved a proposed borrowing of $1.5 billion from the World Bank, its finance minister said on Monday. Olawale Edu, who is also coordinating minister…
Emerging economies face $220 billion in budget cuts amid debt crisis – OxfamÂ
October 9, 2023 Some of the world’s poorest countries face budget cuts topping $220 billion over the coming five years due to a debt crisis that has pushed dozens to…
Some 12 million Africans entering the labour market each year-World Bank
October 4, 2023 …As Sub-Saharan Africa’s growth dragged down by South Africa, Nigeria, Angola Some 12 million Africans are entering the labour market each year, the World Bank wrote in…
Nigeria’s Xara Orji among winners of 5th World Bank, Financial Times youth blog competition
Sept. 20, 2023 Nigeria’s Xara Orji has been named among winners of 5th World Bank, Financial Times youth blog competition. In a statement on Tuesday by the World Bank, three…
First Ugandan charged with ‘aggravated homosexuality’ punishable by death
August 28, 2023 A 20-year-old man has become the first Ugandan to be charged with “aggravated homosexuality”, an offence punishable by death under the the country’s recently enacted anti-gay law,…
BRICS expansion hopefuls seek to rebalance world order
August 21, 2023 An expansion of the BRICS bloc under consideration at a summit this week has attracted a motley crew of potential candidates – from Iran to Argentina –…
Uganda president defiant after World Bank funding suspended over LGBT law
August 10, 2023 Uganda’s President Yoweri Museveni on Thursday denounced the World Bank’s decision to suspend new funding in response to a harsh anti-LGBTQ law and vowed to find alternative…
World Bank says Uganda’s anti-LGBTQ law violates its values
August 9, 2023 The World Bank said on Tuesday it would halt new lending to the Ugandan government after concluding that its anti-LGBTQ law, which has been condemned by many…