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Business Health

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

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ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread...
African News Business News US

World Bank predicts extreme poverty and depressed economies in Africa

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The World Bank has called for rapid COVID-19 action, including a faster vaccination process, to limit the damage to global growth in 2021. In its...
Business

Governor Akeredolu: Ondo to construct a jetty

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Governor Rotimi Akeredolu has said that his administration would construct a jetty in the southern senatorial district of the state. Akeredolu gave the assurance during...
Business Finance

World Bank approves $1.5 billion loan for Nigeria

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The World Bank has approved Nigeria’s request for a $1.5 billion loan. In a statement on Tuesday, the Bretton Wood institution said the facility is...

African environment ministers support green recovery plan

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Ministers of Environment from Africa on Friday agreed to support a comprehensive green recovery plan to boost economies and social systems aimed at building back...

Malawi court frees ‘prophet’ wanted in South Africa for fraud

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A Malawi magistrate released a businessman and self-proclaimed prophet, Shepherd Bushiri, and his wife Mary from custody, saying the arrest of the couple, who face...

Nigerian government develops national digital innovation, entrepreneurship policy

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The federal government is developing a National Digital Innovation and Entrepreneurship Policy aimed at eradicating all forms of barriers militating against local innovations. The Minister...

Teargas, rubber bullets on second day of protests in Uganda

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Security forces fanned out across the Ugandan capital on Thursday, firing teargas and rubber bullets at pockets of protesters angered by the arrest of presidential...

Ethiopia to push on Tigray’s capital as surrender deadline passes

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Ethiopia’s prime minister warned on Tuesday that a deadline for rebel northern forces to lay down arms had expired, paving the way for a final...

Uganda names January 14 for presidential vote

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Agence France-Presse Presidential elections in Uganda, which will notably pitch incumbent Yoweri Museveni, in power since 1986, against popular youth singer Bobi Wine, will be...