The Civil Society Legislative Advocacy Centre (CISLAC) and Transparency International in Nigeria (TI-Nigeria) have commended the Economic and Financial Crimes Commission (EFCC) for its recent recovery of N30 billion from the ongoing investigation of Betta Edu, the suspended Minister of…
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…
AGILE: Bauchi govt initiates 42 new school projects
Dr Jamila Dahiru, the Bauchi Commissioner for Education, says the state government has concluded arrangements to construct 42 basic and post basic schools under the Adolescent Girls Initiative for Learning and Empowerment (AGILE) programme. She said this at a one-day…
Naira drops to N956/$ as dollar supply falls by 46%
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by 46.77 per cent. This is a 13.78 per cent decline from the N840.53/$ the naira closed trading on Wednesday according…
Ways and Means: Tinubu will not go beyond statutory limit– Edun
President Bola Tinubu will not go above statutory limits in obtaining budget support facilities from the Central Bank of Nigeria (CBN) through the Ways and Means Advances. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun,…
Time to create ministry of blue economy — Ehi Braimah
We are living in a world today that is full of uncertainties, but in order to survive, we must be willing to adapt to the changes taking place around us. Nigerians are trying to adjust and adapt to the prevailing…
Tinubu seeks Senate’s approval for $800m World Bank loan
President Bola Tinubu has sought the approval of the Senate to obtain a loan of $800 million from the World Bank to finance the National Safety Net Programme of the Federal Government. The president’s request was contained in a letter…
US puts forward Ajay Banga to lead World Bank
US President Joe Biden is nominating Indian-American businessman Ajay Banga to lead the World Bank, after its current head resigned early. The move comes as the US calls for reforms at the bank, including more action to address climate change.…
World Bank head criticised over climate stance to step down early
World Bank chief David Malpass has announced he will step down in June, nearly a year before the end of his term. Malpass, who was nominated to his five-year term by former United States President Donald Trump in 2019, said…
Facing calls to resign, World Bank president David Malpass changes answer on climate crisis
After earlier declining to say whether he accepts the scientific consensus on global warming, World Bank president David Malpass now says it is clear greenhouse emissions are causing climate change, defending his record as bank chief amid calls for his…
