IMF approves $650bn SDR allocation to combat COVID-19 crisis

The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S. dollars to combat COVID-19 crisis. The allocation is the largest in the IMF’s history for the containment of COVID-19 pandemic. “This is a historic decision, the largest SDR allocation in the history of the IMF…

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Buhari salutes Bazoum as Niger Republic marks 61st Independence Anniversary

President Muhammadu Buhari has congratulated the President of Niger Republic, Mohammed Bazoum, on the country’s Independence Day being observed on Aug. 3, 2021. The president, in a statement by his spokesman, Malam  Garba Shehu in Abuja on Tuesday, described Niger Republic as “one of Nigeria’s best friends in Africa”. According to him, the French speaking…

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Strike: Doctors decry Lagos Govt stance on removal from service scheme

The Association of Resident Doctors (ARD) has appealed to the Lagos State Government to yield to resolving issues necessitating the ongoing doctor’s strike. Dr Azeez Ojekunle, ARD President, Lagos State University Teaching Hospital (LASUTH) chapter, made the plea in an interview with the NAN recalls that the National Association of Resident Doctors had directed its…

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VIDEO: TB Joshua Was Killed, I Have Details Of Those Responsible – Bishop Sam Owusu

Bishop Sam Owusu of Pottersville Church International, has alleged that Temitope Balogun Joshua, aka TB Joshua of the Synagogue Church of All Nations, SCOAN, was killed. Owusu alleged that TB Joshua was killed because he was the most popular black man in the whole world. Addressing his members, the clergyman claimed that he has details…

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Breaking News:Police arrest abductor of Oyo APC Chieftain’s wife

The Police Command in Oyo State says it has arrested the alleged kidnapper of the wife of an All Progressives Congress (APC) chieftain in the state, Mrs Juliet Salawu.  the suspected kidnapper was among the suspects presented on Monday at the Police Command Headquarters in Eleyele, Ibadan. Other suspects were also presented by the command…

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World Bank, AFDB provide $550m support for off-grid solutions –REA

The Rural Electrification Agency (REA) has announced the provision of $550m in funding by the World Bank (WB) and the African Development Bank (AfDB) to support the implementation of its off-grid solution projects. Mr Ahmed Abubakar, Communication Expert, REA, who made this known in a statement in Abuja, on Monday, added that out of the…

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