IMF Urges Kenya to Tackle Corruption to Unlock $600m Funds

MAJOR shareholders at the IMF are encouraging Kenya to request an official assessment of its corruption and governance issues to unlock $600 million in stalled funding, according to two diplomatic sources. The delay in disbursement is due to the shelving of proposed tax hikes earlier this year amid public protests. …

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US to Admit 125,000 Refugees in 2025

  THE US will admit 125,000 refugees in 2025, up from 100,000 this year, Washington announced on Monday. President Joe Biden has set such targets for each year of his administration under the Presidential Determination on Refugee Admissions. ‘Refugee resettlement exemplifies the generosity that has always been at the core …

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Police Inspector Stabs Man to Death in Yobe

INSPECTOR Mohammed Bulama, attached to the Police Mobile Force, 41 Division in Damaturu, the Yobe state capital, reportedly stabbed a 39-year-old man, Abdulmalik Dauda. THE TRUTH reports that the duo were involved in a dispute which escalated into a physical altercation, during which Bulama allegedly stabbed Dauda in the chest. https://newsextra24.com/nigeria-plans-evacuation-of-citizens-in-lebanon-as-conflict-escalates/ …

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Nigeria Set to Approve Exxon-Seplat Asset Deal

  NIGERIA is poised to approve ExxonMobil’s $1.28bn deal to sell its onshore assets to Seplat Energy in the coming days, following regulatory clearance, President Bola Tinubu announced on Tuesday. This move is expected to further signal Nigeria’s openness to investment in its oil sector. The deal, initially announced in …

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ExxonMobil Expands Energy Projects Across Africa, Eyes Growth

  ExxonMobil has announced significant progress on various energy initiatives across Africa, reinforcing its position as a key player in the continent’s energy sector. The multinational aims to boost energy security while maintaining an industry-leading low emissions intensity. In Mozambique, ExxonMobil is pushing forward with the $24bn Rovuma LNG project. Liam …

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NiMet Forecasts Three-day Thunderstorms Across Nigeria

  The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms across the country from Thursday to Saturday, October 5, 2024. NiMet disclosed this in its weather outlook released on Tuesday, October 1. The agency envisaged thunderstorms in parts of Adamawa, Taraba, Sokoto, Kebbi, Zamfara, and Kaduna States on Wednesday. NiMet forecast …

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