Sudan’s Finance Minister, Jibril Ibrahim announced late on Friday that his country had received relief from its $14.1 billion debts to Paris Club. “Sudan’s remaining debts, which stand at $9.5 billion, have been rescheduled until reaching the completion point in the Heavily Indebted Poor Countries (HIPC) Initiative. “This is with the suspension of debt service…
The African Development Bank (AfDB) fund has raised a cumulative total capital of 274 million US dollars since 2011, Dr Kevin Kariuki, Vice President Power, Energy, Climate and Green Growth, AfDB has said. Kariuki said this in the recently released 2020 Annual report of the AfDB’s Sustainable Energy Fund for Africa (SEFA) titled “building foundations…
By Nicholas Obisike Enugu State Government, has confirmed the outbreak of cholera at the new Artisan Market in Enugu metropolis. The Commissioner for Health in the state, Dr Emmanuel Obi, who coomfirmed this in a statement in Enugu on Saturday, said that the outbreak had so far claimed seven lives. Obi further said that 19…
By Cecilia Ologunagba The President of the UN Economic and Social Council (ECOSOC), Mr Munir Akram, has said that developing countries require need 4.3 trillion dollars to realise the 17 objectives of the Sustainable Development Goals (SDGs) by 2030. Akram spoke on Friday at the UN headquarters in New York at a high level meeting…
By Jacob Damilola and Ayoola Obadimu The Ogun State Government has revealed that plans are in top gear with the World Bank through the Ogun State Transformation Economic Projects (OGSTEP), to give a facelift to all the eight Technical and Vocational Colleges in the State for improved skills acquisition. Commissioner for Education, Science and Technology,…
By Burhan Yuksekkas and Cagan KocBloomberg Turkey’s central bank kept its benchmark interest rate unchanged for a fourth month on Wednesday, as rising prices and a weakening lira blight the economy’s recovery from pandemic lockdowns. The Monetary Policy Committee held its one-week repo rate at 19% as forecast by all 21 analysts surveyed by Bloomberg. Turkish…
Addressing Climate Change through Tree PlantingBy Martha Agas, News Agency of Nigeria (NAN) Deforestation is a primary contributor to climate change which is widely practiced across Nigeria, exposing the country to global warming and its adverse effects. According to a UNDP report, In Nigeria every year, 13 million hectares of forest are lost while 3.6…
By Ikenna Osuoha Alhaji Isa Kwarra, Executive Chairman, National Population Commission (NPC), has called for a commitment of all stakeholders to prevent population boom as well as Gender Based Violence (GBV). Kwarra made the call at the occasion of the commemoration of 2021 World Population Day (WPD) on Tuesday in Abuja. This year’s WPD has…
By Nathan Nwakamma Shell Petroleum Development Company of Nigeria (SPDC) on Tuesday confirmed an oil leak at its facility in Ekeremor Local Government Area of Bayelsa. Mr Bamidele Odugbesan, its Media Relations Manager, said in a statement the spill, which discharged a yet to be ascertained volume of crude into the environment, occurred on June…
