Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. He explained that the country was not running any debt risk, adding that it…
Australia might restrict where migrants live
The Australian government has unveiled a proposal to force new migrants to live outside Sydney and Melbourne. The policy would aim to ease congestion in Australia’s two biggest cities while boosting regional areas, Population Minister Alan Tudge said on Tuesday.…
Atiku shares his thoughts on Ease of Doing Business and Opportunities for Economic Growth (#Time2Atikulate series)
Atiku Abubakar says Nigeria has always held enormous potential but that potential has yet to be fulfilled despite it being Africa’s largest economy and a prime investment destination. According to the PDP presidential front runner “our country is blessed with…
Global goal to end poverty by 2030 unlikely – World Bank (PremiumTimes)
A global target of ending extreme poverty by 2030 is unlikely to be met, the World Bank said on Wednesday. It also said people living on less than $1.90 a day have fallen to record low of about 655 million…
World Bank approves $2.1bn loan for seven projects in Nigeria (Punch)
The World Bank has announced the approval of $2.1bn loan for seven projects to be executed in Nigeria. A statement issued in Abuja on Thursday said the loans were approved in Washington on Wednesday and are for seven projects to…
* Ambode seeks world bank’s partnership in funding transport, energy, water sectors (Vanguard) * LASEPA ranks Alimosho noisiest local government area in Lagos (Punch)
THISISLAGOS MIDDAY NEWS UPDATE MAY 11, 2018 Ambode seeks world bank’s partnership in funding transport, energy, water sectors (Vanguard) Lagos State Governor, Mr Akinwunmi Ambode on Wednesday called on the World Bank to seriously consider partnership with the State…
Elumelu urges African leaders to prioritise continent’s youth, leapfrog development
Philanthropist and entrepreneur, Tony O. Elumelu, has told African leaders to prioritise their youths in order to leapfrog development on the continent. A statement Tuesday from the Tony Elumelu Foundation said he made the declaration at the International Monetary Fund…
World Bank to disburse N8.6 billion to youth in 23 states (PremiumTimes)
The World Bank, through the FADAMA III Additional Financing (AFII) Programme, will soon disburse N8.6 billion to 5,916 youth across the country in the Graduate Unemployment Youths Support Scheme (FADAMA GUYS). Kwaji Daguru, the Chairman of FADAMA GUYS Implementation Committee,…