FCT NSCDC Arrests 243 Suspected Criminals in Six months
THE Nigeria Security and Civil Defence Corps (NSCDC), Federal Capital Territory (FCT) Command, has arrested 243 suspected criminals from January...
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IMF Raises Ghana’s 2024 Growth Projection To 3.1%
THE IMF announced on Monday that it has revised its growth projection for Ghana’s economy in 2024 to 3.1 percent, up from the previous estimate of 2.8 percent. This announcement was made by Stephane Roudet, the IMF mission chief for…
IMF Approves $360m Disbursement To Ghana After Second Review
THE IMF has approved the second review of Ghana’s $3bn loan programme, enabling the immediate release of nearly $360 million. This decision follows Ghana’s successful negotiation with its official creditor committee, a crucial step to unlocking the second tranche of…
IMF Approves $569.6m Aid, Boosts Zambia Support To $1.7bn
THE IMF announced on Wednesday the completion of the third review of Zambia’s Extended Credit Facility, approving an immediate disbursement of $569.6 million. Additionally, the IMF has increased its total financial assistance to Zambia from $1.3bn to $1.7bn to help…
IMF: Sub-Saharan Africa Faces Debt Challenges Despite Decline
THE IMF has issued a cautionary statement regarding sub-Saharan Africa’s debt situation, underscoring ongoing challenges despite a decline in debt levels following a series of sovereign defaults. While debt-to-GDP ratios are projected to decrease, the region continues to face hurdles…
IMF Approves $941m Lending Boost To Alleviate Kenya’s Financial Strain
The IMF greenlights a $941 million lending boost for Kenya, providing immediate relief with a $624.5 million disbursement under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) programmes. THE IMF on Wednesday approved a $941 million lending boost…
New Naira: World Bank, IMF Warn CBN, Supreme Court Stops Friday Deadline
THE Supreme Court on Wednesday restrained the Federal Government from implementing the Friday deadline for the currency swap. A seven-man panel of the apex court led by Justice John Okoro, in a unanimous ruling, granted an interim injunction restraining the…
Zeb Ejiro To Receive Lifetime Achievement Award in London
Zeb Ejiro, Nigerian Filmmaker and Producer VETERAN Nigerian filmmaker and producer, Zeb Ejiro, is to be honoured with Lifetime Achievement...
Cult Anniversary: Police Ban Unlawful Gathering in Ekiti
THE Police Command in Ekiti has banned any unlawful gathering in the state following reports of plan by a cult...
NAFDAC Invests Over N6bn To Boost Global Trade Of Nigerian Pharmaceuticals
THE National Agency for Food and Drugs Administration and Control (NAFDAC) has invested over N6 billion from internally generated revenue...