- Development
ICPC chairman expresses concerns over corruption in World Bank grants
Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, has raised concerns about corruption affecting several grants from the World Bank. Owasanoye during a recent meeting with a delegation from Ghana’s Economic and Organised Crime Office, said that the international political economy is not conducive to the progress of developing countries in their fight…
Read More » - Global News
Hungary maintains veto on €500m in EU military aid for Ukraine
The Hungarian government is preventing the EU from approving a new tranche of €500 million in military assistance for Ukraine. The month-long veto was re-affirmed during a meeting of foreign affairs ministers in Luxembourg on Monday. Josep Borrell, the bloc’s foreign policy chief, said he was “truly sorry” for the persistent impasse, which he described as a “lamentable situation.” The…
Read More » - Homeland News
Oyebanji sends list of Ekiti commissioner nominees to House of Assembly
Ekiti State Governor, Biodun Oyebanji has submitted the list of nominees for commissioner positions to the state House of Assembly for screening and confirmation. The Speaker of the state House of Assembly, Rt. Hon. Adeoye Aribasoye, announced the list during plenary on Tuesday – the first one since the Seventh Assembly’s inauguration on June 6. The Speaker revealed that the…
Read More » - Sports
Nigeria faces risk of missing World University Games due to lack of funds
Nigeria’s may not participate in World University Games scheduled to hold in Chengdu, China between July 28 and August 8 due to lack of funds. This was disclosed in a statement by the Acting Secretary General of the Nigeria University Games, NUGA, Chidiebere Ezeani. Ezeani expressed the urgent need for assistance to enable the 75-athlete contingent make it to the…
Read More » - Development
2023 World MSME Day: Shettima promises FG will fast track access to single digits loan
In recognition of the role of MSMEs in growing the nation’s economy, the Vice President, Sen. Kashim Shettima, has announced the Federal Government’s plan to ensure quick access to single digit loans for small businesses within the shortest time possible. The Vice President made the disclosure on Tuesday in a message to mark the 2023 World Micro Small and Medium…
Read More » - Development
Ladipoe joins BudgIT, CODE as cultural influencer for COVID-19 Transparency Project
BudgIT and Connected Development (CODE) have announced their collaboration with Nigerian rapper, Ladipoe, who will serve as a cultural influencer for their COVID-19 Transparency and Accountability Project (CTAP). The contract signing took place in Lagos on Monday, where the talented artist, whose real name is Ladipo Eso, officially joined forces with the two prominent civil society organizations (CSOs). CTAP, an…
Read More » - Global News
ECOWAS Observation Mission adjudges Sierra Leone elections largely peaceful
The ECOWAS Election Observation Mission to Sierra Leone’s general elections on Saturday, said the polls took place “generally smoothly and in a largely peaceful atmosphere and eligible voters were able to freely participate in the process … despite some early challenges.” The challenges identified by the Mission included the late arrival of polling officials and materials resulting in some voters…
Read More » - National News
Nigerian Air Force redeploys 98 senior officers
Following the recent change of guard in the Nigerian Air Force (NAF), the new Chief of the Air Staff (CAS), Hassan Abubakar, has approved the redeployment of 98 officers of air rank. The Director of Public Relations and Information, NAF, Ayodele Famuyiwa, an air commodore, made this known in a statement on Monday in Abuja. Mr Famuyiwa said the new…
Read More » - Global News
PHOTO NEWS: Election Observer Missions in Sierra Leone present joint preliminary assessment
Election Observer groups in the Sierra Leone’s general elections have jointly presented their preliminary assessment to the media after the conduct of the election on Saturday that was generally peaceful. The Africa Union, ECOWAS and Commonwealth Observer missions presented their assessment on the conduct of the election to the media
Read More » - Perspectives
Between parity and fair Value for the Naira,By Simbo Olorunfemi
It’s been just over one week since the Central Bank of Nigeria announced what it referred to as “operational changes to the foreign exchange market”, which saw to the abolishment of segmentation, with all segments collapsed into the Investors and Exporters (I&E) window. Between June 15th when the change of policy, which was designed to usher in a market-led regime…
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