Truth Is Treasure
The African Development Bank (AfDB) on Friday, inaugurated its public information centre in Abuja to provide structured access to the bank’s operations in Nigeria and across Africa. The centre is named “Leopold Senghor Public Information Centre of the Nigeria Country Department, African Development Bank’’.Inaugurating the centre, Mr Ebrima Faal,
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By Jude Opara, Abuja Former President Goodluck Jonathan has been nominated by the African Union (AU) to lead the continental body’s Election Observation Mission to Mozambique’s general elections coming up on October 15, 2019. A statement signed by the media adviser to the former president, Ikechukwu Eze, stated that Jonathan would leave the country
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.By Tony Obiechina, Abuja. The International Monetary Fund (IMF) has declared that the pace of Nigeria's economic recovery has remained slow as depressed private consumption and investors’ attitude kept growth in the first half of the year at 2 percent, a rate significantly below population growth.In a Report released in Abuja on
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By Mathew Dadiya, Abuja Nigerian President Muhammadu Buhari has expressed disappointment over the way and manner the World Bank and the International Monetary Fund (IMF) represent data and statistics about the country. According to the President, most of the statistics quoted about Nigeria were developed abroad by the World Bank,
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By Mathew Dadiya, Abuja The World Bank Tuesday, called on Nigeria and other developing countries to embark on Value Chain reforms as a panacea to spurring growth in the midst of economic challenges. Such chains, the Bank noted, enable developing countries to specialize and grow wealthier without having to build whole industries from scratch. The
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President Muhammadu Buhari has nominated Dr Akinwunmi Adesina for re-election as the President of African Development Bank (AfDB), the News Agency of Nigeria (NAN) reports. Akinwunmi, while speaking at an event in Lagos on Sunday, appreciated Buhari for nominating him for re-election for a second term as president of
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Tony Obiechina The German Government has announced a 70 million Euros (N27.8 billion) grant to the Nigerian Government to assist the country in achieving the Economic Recovery and Growth Plan (2017-2020).Head of the German Delegation, Mr Christoph Rauh made the announcement at the signing of Agreed Minutes of the 2019 Consultations
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President Muhammadu Buhari on Thursday in Pretoria, South Africa, said authorities should be more pro-active in detecting early signals of violence between competitors, while migrants and companies should adhere to the local laws of host countries. Malam Garba Shehu, the President’s spokesman in a statement in Abuja on Thursday,
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President Muhammadu Buhari on Wednesday arrived Pretoria, South Africa, for a state visit and 9th meeting of the Bi-National Commission. Malam Garba Shehu, the President’s spokesman, who confirmed this development in a statement in Abuja on Thursday morning, said the 9th meeting of the commission would for the first time witness
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Debt Stock of Developing Countries Hits $7. 8trl By Mathew Dadiya, Abuja The World Bank has warned that global debt burden is rising revealing that total external debt of low and middle-income countries climbed 5.3 percent to $7.8 trillion in 2018 while net debt flows (gross disbursements minus principal payments) from
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