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Nigeria
Police release detained Ibadan Poly students
The Students Union President of The Polytechnic Ibadan, Oluwadamilola Peter Edema and 18 other students of the institution who were detained at the Oyo State Police Command headquarters, Eleyele, Ibadan, have been freed. The students, according to the police Public Relations Officer, Adekunle Ajisebutu, were arrested on Friday for assaulting ...
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Nigeria
Rates To Rise As CBN, DMO Mop Up Liquidity
Rates at the interbank market are expected to spike this week as liquidity is mopped from the financial system through bond and Treasury Bills sales by both the Debt Management Office (DMO) and the Central Bank of Nigeria (CBN). A total of N252.43 billion is expected to be mopped from ...
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Nigeria
BoI Pledges To Increase N1bn Fashion Fund On Viable Proposals
The Bank of Industry (BoI) said it would increase its N1billion Fashion Fund if it received requests with potential and viable proposals. The bank said it was ready to finance it with other development banks, including Africa Development Bank. Acting managing director of the bank, Waheed Olagunju, made this disclosure ...
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Nigeria
Bilateral Foreign Scholarship: FG Commence Screening Of Prospective Students
The Federal Ministry of Education on Monday began screening of prospective students for the Bilateral Education Agreement Scholarship Award (BEA) across the country. Malam Abdullahi Jibrin of the Federal Scholarship Board told journalists in Kaduna that the exercise, which would last till Friday is taking place in the six geopolitical ...
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Russia USA
Russia, U.S. “Natural Allies” In Anti-Terror Cooperation: Russian Diplomat
Russia and the United States of America are “natural allies” in fighting terrorism, Oleg Syromolotov, a Russian Deputy Foreign Minister for Counter-terrorism, said on Monday. Syromolotov, who made this disclosure to newsmen in an interview in Moscow, added that the United States would want to change its approach towards counter-terrorism. ...
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Nigeria
NLC, TUC Move To Block Registration Of United Labour Congress
The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have written to the minister of labour and employment, Dr Chris Ngige in an attempt to block the registration of the United Labour Congress (ULC) being flouted by erstwhile labour leader, Comrade Joe Ajearo “We also trust that your officers ...
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Nigeria
Evolve Economic Policies To Guide Investors, FG Urged
The school of Applied Arts and Sciences, Federal Polytechnic, Bida, Niger State has called on the federal government to as a matter of urgency, come up with policies that will lead to a shift in macroeconomic orientation on consumption to production and industrialisation as well as evolve statements on diversification ...
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USA
The longest recessions in history
Economists differ over the definition, but a recession is commonly regarded as two consecutive quarters of negative growth. Given the lack of reliable data, no-one could ever identify with certainty the longest recession in history, but there have been some notable examples.Perhaps the longest slump in history was the Long ...
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USA
Did Dodd-Frank really hurt the US economy?
Republicans blame legislation for stymying lending but figures tell another story
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USA
Trudeau to focus on $545bn trade at Trump meeting
PM will flag importance of US-Canadian ties despite leaders’ policy differences