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The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday) to boost rural access and agricultural marketing in the country, The PUNCH reports. According to information obtained from the Washington-based institution on Thursday, the loan is for the Rural Access and Agricultural Marketing Project—Scale Up. It is designed to bridge the gap between rural communities and the broader […]
Chinese President Xi Jinping on Thursday told leaders of BRICS emerging economies the world was facing “serious challenges” and urged the group to be a “stabilising force”. Xi was speaking on the final day of the BRICS summit in the Russian city of Kazan, a forum Moscow hopes will help forge a united front of nations against the West. Addressing assembled leaders, Xi said the “common march of the global […]
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal Government in strengthening human capital through better health for women, children and adolescents. It added that the approved projects would also help build resilience to the effects of climate change, such as floods and drought, by improving dam safety and irrigation. […]
By Toffa Momoh, Abuja The National Human Rights Commission, NHRC, has assured Nigerians of the promotion and protection of their fundamental human rights including right to freedom of expression and the press in all circumstances. In a statement signed by the NHRC'sDirector of Corporate Affairs and External Linkages, Obinna Nwakonye, marking the 2024 World Press Freedom Day, the Executive Secretary of the NHRC, Tony Ojukwu, SAN, reaffirmed the commitment of […]
For the fourth consecutive year, Françoise Bettencourt Meyers, heiress to the L’Oréal fortune, holds the title of the world’s richest woman in 2024. Meyers experienced a significant increase in her fortune over the past 12 months, with her net worth climbing to $99.5 billion, marking the largest gain among women on the 2024 list. However, she falls short of joining the esteemed $100 billion club. This year’s Forbes’ World Billionaires […]
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