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Finance Minister Leads Nigerian Team to IMF And World Bank

Finance Minister Leads Nigerian Team to IMF And World Bank

October 14, 2019 7:29 am

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed is leading Nigeria’s delegation to the 2019 annual meetings of the International Monetary Fund (IMF) and World Bank billed to commence today in Washington DC, United States of America.

The week-long events, which run between October 14 and 20, will attract global players from the public and private sectors where issues ranging from economy, finance, trade, environment, climate change and other global socio-economic challenges are discussed.

The Nigerian delegation at the global event also features top government functionaries, including the Governor of the Central Bank of Nigeria (CBN), …

Golden Eaglets Arrive In Brazil For FIFA U-17 World Cup

Golden Eaglets Arrive In Brazil For FIFA U-17 World Cup

October 11, 2019 12:51 pm

Five-time champions, Golden Eaglets of Nigeria have landed in the host nation, Brazil, for this year’s FIFA World Cup finals, which will hold from October 26 November 17.

A team of 25 players and nine officials flew out of the country through the Nnamdi Azikiwe International Airport, Abuja on Wednesday evening for Dubai, where they connected another flight to Sao Paulo, Brazil. Four players would be cut from the roster after the preparatory period before a 21 – man World Cup squad is unveiled ahead of the opening encounter.

Nigeria won 1985, 1993, 2007, 2013 and 2015 tournaments, but …

German World Cup Winner, Schweinsteiger, Retires At 35

German World Cup Winner, Schweinsteiger, Retires At 35

October 10, 2019 8:22 am

Former Germany, Manchester United and Bayern Munich midfielder Bastian Schweinsteiger has retired. The 35-year-old announced his decision two days after the end of the Major League Soccer season. His club, Chicago Fire, finished 17th.

“The time has now come,” he said. “To the fans, you made this unbelievable time possible for me.”

Schweinsteiger won the 2014 World Cup with Germany, as well as eight Bundesliga titles with Bayern. In total, he gained 121 caps for Germany between 2004 and 2016. The midfielder played 500 times for Bayern before joining Manchester United for £14.4m in 2015 but failed to adapt to …

Saudi Arabia to host Joshua vs Ruiz world heavyweight fight

Saudi Arabia to host Joshua vs Ruiz world heavyweight fight

August 10, 2019 12:01 am

Saudi Arabia will host the world heavyweight title rematch between Britain’s Anthony Joshua and champion Andy Ruiz Jr of the United States in December, a decision certain to spark controversy due to the Gulf kingdom’s human rights record.

The high-profile December 7 duel, dubbed ‘Clash on the Dunes’, will see Joshua trying to win back the IBF, WBA and WBO titles he sensationally lost to Ruiz in New York in June.

The bout will take place in Diriyah, which incorporates the UNESCO World Heritage site of Al-Turaif, on the outskirts of Riyadh — a dramatic contrast to the iconic Madison …

World Igbo Congress in U.S. to discuss insecurity, Ruga

July 21, 2019 3:06 am

The World Igbo Congress (WIC) has invited all governors, senators, members of House of Representatives and other stakeholders from Southeast to its 2019 convention to discuss the Ruga debacle and other security threats facing the region.

In a release signed by WIC Public Relations Officer, Basil Onwukwe, the Chairman, Prof Anthony Ejiofor, Executives, and the Board of Directors said at the convention holding between Friday, August 30 and Sunday, September 1, stakeholders would discuss the future of Igboland, their homeland and strengthening regional ties and contiguity. They will speak on youth and women empowerment project in the region.

Read Also: …

104-year-old World War II veteran urges FGN to pay pension

104-year-old World War II veteran urges FGN to pay pension

July 6, 2019 12:42 pm
A 104-year-old World War ll Veteran of the Nigerian Army,  Adamo Aduku on Saturday urged the Federal Government of Nigeria to pay his pension.
Aduku was one of those conferred with the Chief of Army Staff World War II Veteran Award at the 2019 Army Day Celebration in Lagos.
While speaking to journalists at the event, he lamented that since he was discharged as a Private from the Nigerian Army in 1957 he was yet to receive his pension.
“I joined the Royal West African Frontier Force in 1942 in Markurdi, Benue State. Trained in Laguna and deployed to India
…
Kenya unveiled Africa’s largest wind power plant on Friday, a project aimed at reducing electricity costs and dependence on fossil fuels and moving the nation to meet its ambitious goal of 100% green energy next year.

Kenya seeks $750m loan from World Bank

May 29, 2019 5:55 am

Kenya is negotiating with the World Bank for a $750 million loan for budgetary support, documents on the proposed funding posted on the lender’s website showed.

The East African nation has multiple development funding programs, worth billions of dollars, with the World Bank but the funding bypasses the Kenyan treasury and is usually channeled straight into the projects.

If the $750 million (591.8 million pounds) loan gets approved, it will be the first time in years the World Bank is putting cash straight into the Treasury Department to be used at the discretion of the government, said a source with …

BREAKING: Golden Eaglets qualify for World Cup

April 17, 2019 8:14 am

Nigeria’s U-17 team, the Golden Eaglets have qualified for the World Cup holding later in the year in Brazil.

The Manu Garba-tutored boys defeated Angola 1-0 in Tanzania at the ongoing Africa qualifiers.

The only goal was scored in the first half through a penalty.

The Golden Eaglets dominated the game but lost many goal-scoring opportunities in both halves.

When their Angolan counterparts were reduced to 10 men following a red card to the captain, the Golden Eaglets couldn’t capitalize on the advantage.

They went on to lose more open chances to increase the tally.

At the end, it didn’t …

Nigeria, others to benefit World Bank $15bn grant

April 11, 2019 9:13 pm

The World Bank has said it will spend 15 billion dollars from 2021 to 2023 to help Nigeria and other African countries strengthen their human capital.

The World Bank Vice President for Africa, Mr Hafez Ghanem, said this at the launch of the bank’s Africa Human Capital Plan during the World Bank-IMF Spring Meetings on Thursday.

Ghanem said that the objective of the plan was to enable Africa’s young people to grow up in optimal health, and be equipped with the right skills to compete in the digitising global economy.

He said that Sub-Saharan Africa scored the lowest of all

…

Nigeria in the face of the ever changing world

April 6, 2019 9:29 pm

By Odumodu Gbulagu

In the world of today, there are unprecedented technological advancement, scientific discoveries and breakthrough, and they are being upgraded periodically giving way for better versions

These technological and scientific innovations are deployed in the military, agriculture, infrastructures, banking, governance, and other spheres of human endeavors to make life easier, and cut down work time to the barest minimum.

While other Nations reap the benefits of these technological advancements, innovations, and digitization to move their countries forward, Nigeria as a country is fast losing every gain it ever made.

When countries like Rwanda who just rose from genocide …

Venezuela trying to shut itself from the world

February 22, 2019 7:46 am

It’s as if Venezuela is trying to close itself off from the world. President Nicolas Maduro said he will close Venezuela’s border with Brazil in a bid to stop foreign aid deliveries. He’s also thinking about closing the border with Colombia.

Read More…

Joaquín Guzmán, world’s biggest drug kingpin convicted

February 13, 2019 12:10 pm

There was no visible reaction from drug kingpin Joaquin “El Chapo” Guzmán as the verdict was read in his federal trial: guilty on all 10 counts. Guzmán, who led a lucrative yet bloody criminal empire that reached far beyond his native Mexico, faces spending the rest of his life in prison.

He’ll be sentenced in June. Despite the conviction, experts say the outcome will have little impact on the operations of Guzmán’s Sinaloa drug cartel, the world’s largest drug trafficking organization.

(CNN)…

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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