IMF, World Bank warn of global impacts from Russia-Ukraine crisis
The World Bank and IMF has warned that Russia-Ukraine crisis will have repercussions for the global economic recovery. The leaders of the two financial institutions said that they are ready to help Ukraine. IMF Managing Director Kristalina Georgieva said she was “deeply concerned” about the fighting’s impact on the people of […]
ASUU meets with FG over ongoing strike
The leadership of the Academic Staff Union of Universities (ASUU) has met with the Minister of Labour and Employment, Chris Ngige over the ongoing strike. The meeting was the first since ASUU declared its warning strike last week, over what it termed as the Federal Government’s refusal to honour its[…]
FG earmarks N1.42tn for infrastructure projects in 2022 budget
The Federal Government has disclosed that it plans to spend a total of N1.42 trillion on infrastructure projects in 2022. The Minister of Finance, Budget and National Planning, Zainab Ahmed, who disclosed this on Tuesday in Abuja. The minister said that between 2019 and 2021, the President, Major General Muhammadu[…]
Trading remains upbeat on NGX as ASI closes 0.03% higher
Trading activities on the floor of Nigerian Exchange on Tuesday remained upbeat for the 3rd consecutive session, as the All-Share Index closed 0.03% higher to settle at 47,246.90 points compared with 47,233.91 points recorded on Monday. The market capitalisation grew by N7 billion or 0.03% to close at N25.464 trillion,[…]