IMF working hard to respond to Nigeria’s $3.4bn ― MD

IMF working hard to respond to Nigeria’s $3.4bn ― MD

Emma Ujah The International Monetary Fund (IMF) is working to respond to Nigeria’s $3.4 billion facility request. The Managing Director of the fund, Ms Kristalina Georgieva, disclosed in a statement, this evening. According to her, her team.was already preparing a proposal to be tabled before the Executive Board for approval. Details soon…
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Qatar, Russia deny buying World Cup rights

Qatar, Russia deny buying World Cup rights

Qatar and Russia hit back at allegations of bribery on Tuesday after US prosecutors accused them of paying millions in bribes for the rights to host the 2018 and 2022 tournaments. According to US Justice Department documents released Monday, FIFA officials received bribes to vote in favour of awarding the 2018 World Cup to Russia […]

2022 World Cup: Qatar reacts to US court papers

2022 World Cup: Qatar reacts to US court papers

Qatar’s Supreme Committee for Delivery & Legacy (SC) strongly denies the allegations contained within the court papers made public in the US on 6 April 2020. They are part of a long-standing case, the subject of which is not the 2018/2022 FIFA World Cup bidding process.

COVID-19 will wipe out 195m workforce -ILO

COVID-19 will wipe out 195m workforce -ILO

*Says accommodation, food services, manufacturing, retail, others at risk By Victor Young International Labour Organisation, ILO, has warned that the coronavirus, COVID-19, crisis may wipe out 6.7 percent of working hours, equivalent to 195 million full-time workers, globally in the second quarter of 2020. The ILO Monitor, 2nd edition, “COVID-19 and the world of work […]

Buhari’s subsidy regime, a monumental fraud — PDP

Buhari’s subsidy regime, a monumental fraud — PDP

The Peoples Democratic Party, PDP, has described the fuel subsidy regime under the President Muhammadu Buhari-led All Progressives Congress, APC, administration as a monumental fraud and an unpardonable scam against the Nigerian state.