The World Bank has approved $346m for two projects aimed at strengthening resilience and livelihoods in the Lake Chad region. A statement from the World Bank explained that the projects, which are to be financed through the International Development Association, will be shared between Cameroon, Chad, Niger, and Nigeria. The […]

The International Monetary Fund (IMF) has advised banks to suspend dividend repayment to shareholders during the pandemic. In an article published on its website, Kristalina Georgieva, IMF managing director, said the decision is necessary to help banks reinforce their capital buffers against the shocks caused by the pandemic. “As we […]

The Nigeria Immigration Service (NIS), Ogun Command, has arrested 14 Togolese and 10 Nigerians at Ajilete and Ilase border posts in the state. The NIS spokesman, Sunday James, disclosed this in a statement made available to the on Thursday in Abuja. The Comptroller, Ogun State Command, Kunle Osisanya, said that […]