…Embassy urged to prioritize workers’ welfare The President of the Nigeria Labour Congress, NLC, Comrade Joe Ajaero says the congress will protect workers in the Embassy of Republic of Cuba in Nigeria and other organizations from intimidation and discrimination in the course of carrying out their duties. The President of the NLC stated this when […]
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The World Bank estimates that improved internet access has led to a 7% reduction in extreme poverty in Nigeria and Tanzania over three years. This was revealed in a new briefing paper entitled “Digital transformation drives development in Africa”, which notes that exposure has also led to an 8% increase in labor market participation and […]
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The amount on the debit side of the balance of payments includes how much was spent on tickets by passengers (N779.61bn), cargo ($10.22bn), and others (N5.65bn). Foreign airlines have repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment […]
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While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa, where several countries are already in default, is experiencing its worst-ever crisis. The rise in interest rates and over-indebtedness is already crimping the ability of countries to finance their development, as a number of African leaders emphasised […]
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US Secretary of State Antony Blinken called on Israel to help rather than hinder the Palestinian Authority, saying that Israel’s long-term security was at stake. Speaking at the World Economic Forum in Davos, Switzerland, Blinken renewed his call for a “pathway to a Palestinian state” even as Washington backs Israel’s Gaza campaign launched in response […]
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The Abuja Chamber of Commerce and Industry (ACCI) and Bangladesh are aiming to strengthen their bilateral relationship through the establishment of an ICT Park in the Federal Capital Territory (FCT). This move is part of a strategy to promote industrialisation and stimulate economic growth. The High Commissioner of Bangladesh to Nigeria, Mr Masudur Rahman during […]
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