Buhari to borrow from World Bank, China, Japan

The presidency on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. “Low cost, long-term loans (1.25% interest, 20yr tenor)” would be sought from the World Bank, African Development Bank, China’s Exim Bank and the Japan International Cooperation Agency, it announced. …

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Edo gov poll to hold as scheduled- INEC

The Independent National Electoral Commission (INEC), on Thursday dispelled rumours of postponement of the Sept. 10 governorship election in Edo. Mr Solomon Soyebi, INEC National Commissioner in-charge of Voter Education and Publicity, said during a press conference held at INEC’s office in Benin, that “the governorship election will go ahead …

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