African Export-Import Bank (Afreximbank) said it plans to assist Nigeria from the $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA) launched last month. According to it, the move would help mitigate the impact of the food and ...
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Feed SubscriptionGhana Bans Transactions In Foreign Currencies To Protect Cedi
The Ghanaian government has banned spending and transaction of businesses in U.S dollars, Pounds, and other foreign currencies in the country. In a public statement on Thursday, the Bank of Ghana (BoG) warned citizens and companies to stop transacting business, ...
Read More »US Senate Confirms Ketanji Jackson, First Black Woman As Supreme Court Justice
Judge Ketanji Brown Jackson became the first Black woman to be elevated to the Supreme Court when the Democratic-controlled Senate on Thursday confirmed President Joe Biden’s pick. The final vote was 53-47, with all 50 Democratic caucus members supporting Jackson, ...
Read More »Nigeria Borrowed N6.64tn, Serviced Debt with N2.93tn in 2021 – DMO
THE Debt Management Office on Thursday said Nigeria’s total public debt stock increased to N39.56tn in 2021 from N32.92tn in 2020. The Director-General, DMO, Patience Oniha, said this at a media briefing in Abuja. According to her, the total debt ...
Read More »Ukraine: Putin Detains 8,000 Russian Protesters
Police in Russia’s second-biggest city St. Petersburg have arrested at least 350 anti-war protesters on Wednesday, according to local monitor site OVD-Info. Multiple videos show that police arrested an elderly woman holding anti-war and anti-nuclear signs while protesters cheered and ...
Read More »AfDB Group Approves Leveraging Energy Access Finance Framework (LEAF) program
…to promote investment in decentralized renewable energy …To finance 18 decentralized renewable energy projects …providing access to six million people and businesses The Board of Directors of the African Development Bank Group (www.AfDB.org) on Wednesday approved the Leveraging Energy Access ...
Read More »CIEPD Partners Development Alternative Initiative
…To Execute USAID Conflict Prevention Project in AKS …Trains Stakeholders for Effective Participation By Saviour Ekpe Conflicts in Akwa Ibom State will soon fizzle out as Non-Governmental Organisations (NGOs) has taken a bold step in addressing the menace through the ...
Read More »Digital Economy: EU Allocates Over N385B Package for Nigeria
The European Union (EU) on Monday announced a €820million digital economy package for Nigeria over the next three years, under its Global Gateway Initiative. Executive Vice-President of the European Commission, Ms. Margrethe Vestager, who is currently on a working visit ...
Read More »Former African Heads of State Appointed Patrons By Rwandan Government
… As Its Inaugurates Africa Protected Areas Congress (APAC) The Government of Rwanda through its Ministry of Environment has unveiled three former African Heads of State as patrons for the upcoming inaugural IUCN Africa Protected Areas Congress (APAC). The three ...
Read More »Former African Heads of State Appointed Patrons By Rwandan Government
… As Its Inaugurates Africa Protected Areas Congress (APAC) The Government of Rwanda through its Ministry of Environment has unveiled three former African Heads of State as patrons for the upcoming inaugural IUCN Africa Protected Areas Congress (APAC). The three ...
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