Anambra Polls – Obaze Promises 26 Percent Budget for Education

[Vanguard] The wife of the Peoples Democratic Party, PDP, candidate for the November 18 Anambra State governorship election, Dr. Ofunne Obaze and wife of immediate past governor of the state, Mrs. Margaret Obi, have stormed the streets of Anambra State…

[Vanguard] The wife of the Peoples Democratic Party, PDP, candidate for the November 18 Anambra State governorship election, Dr. Ofunne Obaze and wife of immediate past governor of the state, Mrs. Margaret Obi, have stormed the streets of Anambra State for campaigns ahead of the governorship election.

source: AllAfrica News: Nigeria

Take Action On S-East Roads, Govs, Igbo Leaders Tell Buhari

[Vanguard] Enugu -South-EaST governors and Igbo leaders, yesterday, pleaded with the federal government to expedite action on all federal roads in the zone, lamenting that the situation of the roads had further deteriorated.

[Vanguard] Enugu -South-EaST governors and Igbo leaders, yesterday, pleaded with the federal government to expedite action on all federal roads in the zone, lamenting that the situation of the roads had further deteriorated.

source: AllAfrica News: Nigeria

$5.5bn Loan – LP Warns Buhari, Says Economy Moving Towards Stagnation

[Vanguard] Abuja -The Labour Party, LP, has kicked against the borrowing plans of President Muhammadu Buhari’s administration, warning that the economy was already moving towards stagnation, especially with fresh plans by the government to borrow about…

[Vanguard] Abuja -The Labour Party, LP, has kicked against the borrowing plans of President Muhammadu Buhari's administration, warning that the economy was already moving towards stagnation, especially with fresh plans by the government to borrow about $5.5 billion to finance the 2017 budget deficit.

source: AllAfrica News: Nigeria

Senate in a Fix On $5 Billion Loan Request

[Vanguard] SO if you have continuing rise in debt, the interest payment will rise, and then, it will consume a large part of any revenue that you collect and you won’t be able to use that revenue for objectives of economic growth and recovery programme…

[Vanguard] SO if you have continuing rise in debt, the interest payment will rise, and then, it will consume a large part of any revenue that you collect and you won't be able to use that revenue for objectives of economic growth and recovery programme, and increasing growth and employment-- International Monetary Fund, IMF.

source: AllAfrica News: Nigeria

Power Utility Targets Zambia Power for Kanyemba

[The Herald] ZESA has applied to Zambia’s power utility, Zesco, for permission to import an unspecified amount of electricity to feed the Kanyemba area, Mashonaland Central Province, north of Zimbabwe. This comes as the Mbire Rural District Council, un…

[The Herald] ZESA has applied to Zambia's power utility, Zesco, for permission to import an unspecified amount of electricity to feed the Kanyemba area, Mashonaland Central Province, north of Zimbabwe. This comes as the Mbire Rural District Council, under which Kanyemba Rest Camp falls, has made tremendous progress in transforming the predominantly rural tourist resort into a modern centre.

source: AllAfrica News: Zimbabwe

Economic Slowdown Easing, Growth Picking Up – IMF

[IMF] The broad-based slowdown in sub-Saharan Africa is easing, and growth is expected to pick up to 2.6 percent in 2017 from last year’s 1.4 percent, the IMF said in its latest Regional Economic Outlook for sub-Saharan Africa.

[IMF] The broad-based slowdown in sub-Saharan Africa is easing, and growth is expected to pick up to 2.6 percent in 2017 from last year's 1.4 percent, the IMF said in its latest Regional Economic Outlook for sub-Saharan Africa.

source: AllAfrica News: Nigeria

Update On Economic Recovery – Companies’ Earnings Hit N5.2trn, Profit Rises to N1.1trn

[Vanguard] Leading companies across the sub sectors on the Nigerian Stock Exchange, NSE, have turned in their financial performance in the first nine months of this year showing real economic recovery with high expectation for full year 2017 bumper ret…

[Vanguard] Leading companies across the sub sectors on the Nigerian Stock Exchange, NSE, have turned in their financial performance in the first nine months of this year showing real economic recovery with high expectation for full year 2017 bumper returns.

source: AllAfrica News: Nigeria