Nigerian Tribune The Federal Government has unfolded plans to adopt a youth-led initiative in its effort to tackle impacts of climate change. The Minister of Youth Development, Dr Jamila Bio-Ibrahim, made the disclosure at the 13th edition of a Youth Forum held on the sideline of the ongoing 42nd UNESCO General Conference in Paris, France….
Nigerian Tribune Vice President Kashim Shettima has stated that Nigeria is in need of improved public-private infrastructure partnerships for economic growth and the overall development of the country. Shettima also mentioned that President Bola Tinubu has vast experience in both brokering public-private partnerships and understanding how to address the deficit in the country’s infrastructure. The…
Nigerian Tribune Moody’s Investors Service has predicted that interest payments in 2024 will consume almost 40 percent of revenue in Nigeria, the highest among sovereigns not in default. It also added that interest rates will stay high in major economies to combat inflation, keeping Gross Domestic Products (GDP) growth below potential. In its latest report…
Nigerian Tribune The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, last month hinted that Nigeria is expecting $10 billion. Consequently, the Central Bank of Nigeria (CBN) began paying a substantial portion of its outstanding matured foreign exchange (FX) forward. CHIMA NWOKOJI writes on the implications of these developments to the local…
By Duncan Miriri NAIROBI, Nov 17 (Reuters) – Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and mitigate its effects, the World Bank said on Friday. Like other so-called frontier economies, the East African nation has been suffering from the effects…
Reuters News BERLIN – Leaders from more than a dozen African countries are heading to Germany for the G20 Compact with Africa conference, which aims to help bolster private investment in the world’s poorest, but fast-growing, continent. Underscoring renewed interest in Africa, European Commission President Ursula von der Leyen, French President Emmanuel Macron and Dutch Prime…
The East African Ethiopia is planning to ease its restrictions on participation of foreigners in its domestic financial markets as it prepares to launch its local currency securities exchange platform next year. The country has in the last two years opened up its telecommunications and banking sectors to participation of foreign firms, allowing Kenyan telco…
Bizcommunity.com Payfast has launched its 2023 annual industry report, offering a comprehensive look at South Africa’s new State of Pay.Featuring expert insight and statistics from leading industry innovators Capitec, Mukuru, Yebo Fresh, and The Shopaholic, the report unpacks the next frontier in the payments industry within the context of financial inclusion. From open commerce to…
Nigerian Tribune Bauchi State Commissioner of Water Resources, Abdulrazak Nuhu Zaki has opined that the campaign theme of the 2023 World Toilet Day, ‘Accelerating Change’ to highlight the journey towards achieving “SDG 6- Clean Water and Sanitation”, is badly off track as it is hindering progress on the 2030 agenda of attaining open defecation free…
Reuters News South African retail sales rose 0.9% year on year in September after declining by a revised 0.3% in August, Statistics South Africa figures showed on Wednesday. On a month-on-month basis, sales increased 0.1%. Sales in the three months to the end of September were down 0.1% compared with the same period last year,…
