Connect with us

Video

Video: Nigeria’s Dangote refinery to generate over 135,000 jobs— Central Bank Governor

Published

on

In this video, Nigeria’s Central Bank Governor, Godwin Emefiele reeled out the numerous expected benefits of the recently commissioned world’s largest single-train refinery—the Dangote refinery—to the Nigerian economy.

According to Emefiele, the refinery is expected to generate 12,000 megawatts of electricity and over 135,000 permanent jobs. It will also save Nigeria $25b, and $30b forex annually, he stated. It will give the economy an inflow of $10b yearly, the apex bank chief added.

Watch the video below:

 

Video

Video: ‘Neglect of Africa is a danger to the world’— Nigeria’s Tinubu at G20

Published

on

Nigerian President, Bola Tinubu, endorsed the call for a global alliance against hunger in his address at the opening of the 19th Summit of G20 leaders in Rio de Janeiro, Brazil.

Tinubu described the alliance, which was championed by the Brazilian president as pivotal to ending the global food crisis, while emphasizing how Africa is worst by poverty and hunger in the world.

“The neglect of Africa is a danger to the world,” Tinubu stressed while calling for global collaborative action against the problems of the continent.

Watch the video below:

Continue Reading

Video

Video: Kenya’s Ruto targets inflation rate below 3%

Published

on

In this video, Kenyan President, William Ruto, stressed the economic goals of his government and charged the public to believe in the economic reforms of his administration.

 

Ruto also emphasized that the international community and multilateral bodies had applauded his policy direction, and urged Kenyans to join the train.

 

“You do have my commitment that we will be disciplined as a public sector… it my target that by next year inflation will be sub 3%”, Ruto said.

 

Earlier in the month, the Central Bank of Kenya slashed the benchmark rate to 12.0%, 75.0 bps down. The Central Bank’s prescribed target band for headline inflation is 2.5% – 7.5%, 5.0% being the mid-point · The last time Kenya registered <3.0% headline inflation was May 2007

 

Watch the video below:

Continue Reading

EDITOR’S PICK

Metro40 minutes ago

Finland-based Nigerians in panic as authorities search for Simon Ekpa’s sponsors

Some Nigerians based in Finland have been thrown into panic mode following the arrest and detention of the self-styled Prime...

Politics2 hours ago

Mauritius’ Prime Minister to double as Finance Minister

In an effort to maintain a tight eye on the economy, Mauritius’ Prime Minister, Navin Ramgoolam, who took office this...

VenturesNow23 hours ago

IMF mission concludes 4th loan program assessment in Egypt

Following the completion of a recent visit to Egypt, the International Monetary Fund (IMF) has announced that its mission had...

Politics23 hours ago

Mali’s junta names spokesman Abdoulaye Maiga new Prime Minister

A day after dismissing Choguel Maiga for criticising the government, Mali’s governing junta named its spokesperson, Abdoulaye Maiga, as Prime...

Musings From Abroad23 hours ago

Brazilian meatpacker JBS invests $2.5 billion in Nigeria, builds six facilities

Brazilian meatpacker JBS says it has inked a memorandum of understanding with the Nigerian government for a $2.5 billion investment...

Musings From Abroad23 hours ago

China’s Xi meets with Morocco’s Crown Prince

Morocco’s official media reports that Chinese President, Xi Jinping, visited Morocco briefly on Thursday. According to Morocco’s MAP, Crown Prince...

Metro23 hours ago

65% of Nigerian households lack money for healthy food—Survey

A survey conducted by the National Bureau of Statistics (NBS) has revealed that around 65% of Nigerian households, which is...

Tech2 days ago

Ghana partners with The Gambia to provide free roaming services

Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity....

Metro2 days ago

Zambia: APP leader lampoons PF over pledge to reverse forfeited properties

Leader of one of Zambia’s opposition parties, Advocates for People’s Prosperity (APP), Mwenye Musenge, has criticised the Patriotic Front (PF)...

Sports2 days ago

Ghanaian winger Fatawu out for season with ACL injury

Ghana and Leicester City winger, Abdul Fatawu, has been ruled out of the rest of the EPL season after suffering...

Trending