UNRWA: Sweden and Canada resume funding for UN agency for Palestinian refugees

Sweden and Canada have said they will resume aid payments to UNRWA, the UN agency for Palestinian refugees. They were among 16 countries that paused funds after Israel accused at least 12 UNRWA staff of involvement in the 7 October…

Students’ loan ploy to starve public varsities – ASUU FUTA

Lecturers under the auspices of the Academic Staff Union of Universities, the Federal University of Technology, Akure chapter, has again rejected the proposed students’ loan scheme initiated by President Bola Tinubu. The lecturers described the scheme as a way to…

Sunak announces big increase in funding for France to stop small boats

The UK will give France almost £500m over three years to help stop migrants crossings the Channel in small boats. The cash was announced at a summit in Paris between UK Prime Minister Rishi Sunak and President Emmanuel Macron, who…

King Charles to divert Crown Estate windfall to ”public good”

King Charles has asked for a surge in profits from six new offshore wind farms on the Crown Estate, worth £1bn, to be used for the “wider public good”, rather than the Royal Family. Funding for the running costs of…

$464m Trapped Funds: British Airways closes Nigerian inventory, may stop operations in December

The inability of British Airways, the United Kingdom carrier to repatriate its trapped funds out of Nigeria has led to the suspension of ticket sales in the country. This is as the airline threatened that it may be compelled to…

Bankers’ Committee holds workshop in Lagos, Kano, Aba on funding SMEs

In line with the Federal Government`s commitment to growing small and medium enterprises (SMEs), the Central Bank of Nigeria (CBN) through the Bankers` Committee has introduced the `Funding Nigeria SMEs` initiative as a platform for SMEs to access loans, funds…

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