The Chief Executive Officer (CEO) of the U.S. International Development Financing Corporation (DFC), Scott Nathan, embarked on a trip to Accra, Ghana, to engage with potential private sector partners and explore collaborative opportunities aimed at fostering economic development in Ghana. During his visit, he also held discussions with existing clients to address their challenges related to government payments and to identify fresh prospects for collaboration. Nathan further met with Ghanaian government officials to explore ways in which DFC financing can facilitate private sector-driven growth in various sectors, including energy, agribusiness, digital infrastructure, and small business support. CEO Nathan, alongside…
Author: Editor Francis
Peter Obi, the Labour Party (LP) candidate in the recent presidential election, has expressed his perspective that the pervasive poverty in the nation could be averted with effective and dedicated leadership. On the occasion of the International Day for the Eradication of Poverty, Obi emphasised that no country can progress when over half of its population is mired in poverty. In a statement conveyed through his media aide, Michael Nwolisa, the former governor of Anambra State attributed the country’s high poverty rate to a combination of factors, including insecurity, a challenging economic environment, and an unstable political landscape. “Nigeria is…
King Salman bin Abdulaziz, the ruler of the Kingdom of Saudi Arabia, has taken the initiative to convene an emergency meeting of member states within the Organisation of Islamic Cooperation (OIC). The OIC, comprising 57 member states across four continents, stands as the second-largest international organization after the United Nations and serves as the collective voice of the Muslim world. As indicated in a statement posted on the OIC’s official website on Sunday, this crucial meeting is scheduled to occur on October 18 and 19 in Jeddah, Saudi Arabia. The primary focus of this emergency gathering is to address the…
Tragedy Strikes in Burundi as Church Collapse Claims Four Children’s Lives During Fierce Storm. In a devastating incident, a church structure in Burundi crumbled during a fierce storm, resulting in the tragic loss of four young lives. The State media reports that this catastrophic event unfolded in the early hours of Sunday, with 15 other individuals sustaining injuries. This heart-wrenching event occurred in the southern region of the country, where the ill-fated church was located. The area had been battling severe weather conditions, characterised by powerful winds and torrential rain. The victims of this tragic accident were children who had…
The women’s wing of the Southern Kaduna Peoples Union (SOKAPU) has revealed that in recent events, 27 women and 4 boys were abducted by bandits in Southern Kaduna. In an official statement provided by the National Coordinator, Mrs. Jemutu Katarma, and distributed to the press in Kaduna on Monday, it was reported that numerous villages in Southern Kaduna have been attacked and some seized by bandits, resulting in the displacement of many residents. The statement conveys warm greetings to the Executive Governor of Kaduna State, Sen. Uba Sani, and his deputy, Dr. Sabuwa Hadiza Balarabe, on behalf of the entire…
In Kaduna , the Kaduna State chapter of the National Association of Nigerian Nurses and Midwives issued a stern warning to the public regarding the mistreatment of its members during the execution of their vital duties. The chairman of the association, Ishaku Yakubu, conveyed this message during the Quadrennial State Delegates Conference held at Arewa House in Kaduna. Yakubu emphasized the association’s commitment to safeguarding its members against any form of assault. He made it clear that anyone found assaulting a nurse would face the full force of the association’s response. Nurses have unfortunately been enduring assaults from members of…
The Federal Government has reassured that the pains being experienced by Nigerians over the recent removal of fuel subsidy will be temporary. The Minister of Information and National Orientation, Alhaji Mohammed Idris gave the assurance in an interview with the News Agency of Nigeria in Abuja. He explained that it was obvious that the ultimate benefits of the removal of the subsidy would be reaped by the common man. Idris said it was regrettable that only few people were, hitherto, benefitting from subsidy regime adding that the few were enjoying the common wealth of the entire country at the expense…
The governments of Ghana and South Africa have reached a visa waiver agreement to allow citizens of both countries to travel visa-free. This was made known by Ghana’s Ministry of Foreign Affairs and Regional Integration in a post made on the social networking platform, X, where it said both countries have entered into an “agreement on a visa waiver regime for holders of ordinary passports.” “Travellers may transit through, depart from and stay in the territory of both countries for a cumulative period of up to 90 days without recourse to work. According to the post, the agreement takes effect…
The Lagos State Government on Monday ordered the reopening of Mile 12 International Market after it was sealed on Friday. The Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab, said the market was reopened after a thorough assessment, covering various aspects of environmental compliance, waste management practices, and general cleanliness within the market. He noted that issues critical to the environment, public health and safety were not negotiable, as the government would not watch helplessly as those values were compromised and eroded by the conduct of a few people. “We cannot continue to be nonchalant about our environment.…
Hope comes alive for the people of Ogun State. The Senate president, Godswill Akpabio, has promised to fix all federal roads in the state, in conjunction with the State government Akpabio stated this at the grand finale of the Yewa Cultural Festival, with the theme: “Celebration of Culture, Tradition, Music, Cuisine, and Dance”, held at the ultra-modern pavilion at Empire Field, Ilaro-Yewa, Ogun State, on Saturday. Of all the federal roads within, the senate president said he is mostly concerned about the Lagos -Ota -Abokuta road, assuring that all hands would be on deck to that possible He stated his…
Vice President, Kashim Shettima, has departed the country to attend the 3rd Belt and Road Initiative Forum in Beijing, China, scheduled from October 16 to 18. Shettima is representing President Bola Tinubu at this international event, as confirmed by Mr. Stanley Nkwocha, the Senior Special Assistant to the President on Media and Communications (Office of the Vice President). The forum, which will be attended by leaders from more than 130 countries across Africa, Asia, Europe, and Latin America, focuses on the theme of “High-quality Belt and Road Cooperation: Together for Common Development and Prosperity.” Vice President Shettima’s key agenda during…
Zambia has agreed a memorandum of understanding (MoU) with its bilateral creditors on restructuring about $6.3 billion of debt, almost three years after the southern African country defaulted, the finance ministry said on Saturday. Reuters reports Zambia was the first African country to default on its debt in the pandemic era and its restructuring process saw it agree broad terms to rework the debt with official creditors including China and members of the Paris Club of creditor nations in June. “Each official creditor will now begin their internal process to sign the MoU. Following the signing of the MoU, the…