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World Bank Announces Record $100bn Support For Poorest Countries

THE World Bank announced it has raised close to $24 billion to provide loans and grants for some of the world’s poorest countries, which it can leverage to generate a record $100 billion in total spending power. Donor countries committed $23.7 billion to replenish the bank’s concessional lending arm, known …

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President Tinubu Appoints CEOs for NUC, NERDC, NEPAD, SMDF

PRESIDENT Bola Tinubu has approved the appointment of chief executive officers for the National Universities Commission (NUC), the Nigerian Educational Research and Development Council (NERDC), the Solid Minerals Development Fund/Presidential Artisanal Gold Mining Initiative (SMDF/PAGMI) and the New Partnership for Africa Development (NEPAD). President Tinubu appointed Prof. Abdullahi Yusuf Ribadu, …

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Kebbi Governor Idris Appoints 200 Special Assistants

Governor Nasir Idris has appointed 200 youths in Kebbi State to serve as special assistants under his administration. Naija News reports that the male and female appointees were confirmed during a ceremony held at the All Progressives Congress (APC) Secretariat in Birnin Kebbi on Thursday. During the event, the state APC Chairman, Abubakar …

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Top Islamic Cleric, Muyideen Bello Dies at 84

THE Muslim community has been thrown into mourning following the death of a renowned Islamic cleric, Alhaji Muyideen Bello. His passing was announced by another prominent Islamic scholar, Alfa Aribidesi of At-Tawdeeh Islamic Da’awah, on Friday morning. Born in 1940 in Ibadan, Alhaji Bello was widely respected for his profound …

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Yuan gains by 7.1848% against dollar

THE central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 31 pips to 7.1848 against the dollar on Friday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent …

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33-year old Man Docked Over Alleged Threat to Life

A 33-year-old man, Sunday Okoli, on Friday appeared before an Ikorodu Magistrates’ Court in Lagos State for allegedly conducting himself in a manner likely to cause breach of peace by threatening another person’s life. The defendant who pleaded not guilty is facing a two-count charge bordering on threat to life …

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EFCC Tasks Youths on Uniting Against Corruption

OLA Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC) has called on youths across the country to unite and take the lead in the fight against corruption. Olukoyede made the call in Abuja on Wednesday while addressing stakeholders at a Town Hall Meeting in preparation for the …

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