IMF – Fed Tightening May Squeeze Portfolio Flows to Nigeria, Others

[This Day] A key question facing global investors today is what impact the US Federal Reserve’s monetary policy normalisation process will have on capital flows to emerging markets and other economies such as Nigeria that had enjoyed huge flows in rece…

[This Day] A key question facing global investors today is what impact the US Federal Reserve's monetary policy normalisation process will have on capital flows to emerging markets and other economies such as Nigeria that had enjoyed huge flows in recent times, a report by the International Monetary Fund (IMF) has stated.

source: AllAfrica News: Nigeria

Count Me Out of Being Your Running Mate in 2019, Deputy Governor Tells Ganduje

[This Day] Kano -The Deputy Governor of Kano State, Professor Hafiz Abubakar, has disclosed that he is not interested in seeking re-election along with the state Governor Abdullahi Umar Ganduje, in 2019.

[This Day] Kano -The Deputy Governor of Kano State, Professor Hafiz Abubakar, has disclosed that he is not interested in seeking re-election along with the state Governor Abdullahi Umar Ganduje, in 2019.

source: AllAfrica News: Nigeria

Innoson Motors Chairman, Chukwuma Accuses GTBank of Being Behind His Arrest

[This Day] Enugu -The Chairman/Managing Director of Innoson Vehicle Manufacturing (IVM), Chief Innocent Chukwuma, last night alleged that a commercial bank, Guaranty Trust Bank (GTB), was behind his arrest by the Economic and Financial Crimes Commissio…

[This Day] Enugu -The Chairman/Managing Director of Innoson Vehicle Manufacturing (IVM), Chief Innocent Chukwuma, last night alleged that a commercial bank, Guaranty Trust Bank (GTB), was behind his arrest by the Economic and Financial Crimes Commission (EFCC).

source: AllAfrica News: Nigeria

Presidency – $1 Bn From ECA Not Meant Solely to Fight Insurgency

[This Day] Abuja -The controversy over the nod given by governors under the aegis of Nigeria Governors’ Forum (NGF) to withdraw $1 billion from the Excess Crude Account (ECA) to fight the insurgency in the North-east took another turn Tuesday, when Vic…

[This Day] Abuja -The controversy over the nod given by governors under the aegis of Nigeria Governors' Forum (NGF) to withdraw $1 billion from the Excess Crude Account (ECA) to fight the insurgency in the North-east took another turn Tuesday, when Vice-President Yemi Osinbajo clarified that the $1 billion was not solely earmarked for the fight against Boko Haram, but to tackle security challenges nationwide.

source: AllAfrica News: Nigeria

Task Force Works to Phase Out Mercury Usage

[Oil in Uganda] The maiden Conference of Parties to the Minamata Convention on Mercury took place in Geneva on September 24-29. The Convention is an international legal instrument or Treaty designed to protect human health and the environment from anth…

[Oil in Uganda] The maiden Conference of Parties to the Minamata Convention on Mercury took place in Geneva on September 24-29. The Convention is an international legal instrument or Treaty designed to protect human health and the environment from anthropogenic emissions and releases of mercury and mercury compounds. The Convention currently has been signed by 128 countries and ratified by 83 so far.

source: AllAfrica News: Uganda

Customers Protest Electricity ‘Killer Bills’ in Anambra

[Daily Trust] Awka -At least 500 residents in Anambra have gone on protest against what they call the “killer bills” system of Enugu Electricity Distribution Company (EEDC) in Ekwulobia, Aguata council of the state.

[Daily Trust] Awka -At least 500 residents in Anambra have gone on protest against what they call the "killer bills" system of Enugu Electricity Distribution Company (EEDC) in Ekwulobia, Aguata council of the state.

source: AllAfrica News: Nigeria

Ruling Party Conference Draws to a Close Amid Vote Dispute

[News24Wire] The ANC’s 54th national conference is drawing to a close on Wednesday, but late on Tuesday night, the matter of the more than 60 quarantined votes was still being dealt with by the steering committee.

[News24Wire] The ANC’s 54th national conference is drawing to a close on Wednesday, but late on Tuesday night, the matter of the more than 60 quarantined votes was still being dealt with by the steering committee.