Nigeria States To Get $1.5bn From World Bank As Covid-19 Economic Stimulus

LAGOS May 22nd (newsrangers)- The World Bank has got a proposal of 1.5 billion dollars to states as part economic stimulus to cushion the impact of the COVID-19 pandemic, says Minister of Finance, Zainab Ahmed. Ahmed briefed State House correspondents on Thursday after the virtual National Economic Council (NEC) meeting anchored from the Presidential Villa,…

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Covid-19, Falling Oil Prices Forcing Nigeria Economy Into Recession-Finance Minister

LAGOS MAY 22ND (NEWSRANGERS)-The nation’s finance minister, Zainab Ahmed, says the coronavirus pandemic and falling oil prices are set to force the economy into recession. Ahmed made the comments after the National Economic Council (NEC) meeting in Abuja on Thursday. “On the economy, COVID-19 has resulted in the collapse in oil prices,” she said. “This will…

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Post-Lockdown: Peter Obi Suggests Template For Nigeria’s Economic Recovery

LAGOS MAY 22ND (NEWSRANGERS)-Following the relaxation of COVID-19 lockdown in many parts of the country, the Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, His Excellency Mr. Peter Obi, has suggested what he described as a pathway to national economic recovery, capable of lifting millions of Nigerians out of poverty….

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Six Matcheted, Journalist Escapes Death 20 Robbers Invade A Street In Oyo State

LAGOS MAY 22ND (NEWSRANGERS)-No fewer than 20 dare-devil robbers invaded Jamade Street, Opposite Goshen land, a sub-community of Apete in Ido Local Government of Oyo State early Thursday morning inflicting deep matchete cut wounds on no fewer than six persons and carted away valuable properties. Sources in the communities stated that the robbers arrived around…

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Family Of Murdered Saudi Journalist, Jamal Khashoggi ‘Forgive’ Their Father’s Killers

LAGOS MAY 22ND (NEWSRANGERS)-The sons of murdered Saudi journalist Jamal Khashoggi said Friday they “forgive” the killers of their father, an announcement analysts said effectively grants clemency to five convicted people on death row. Khashoggi — a royal family insider turned critic — was killed and dismembered at the kingdom’s consulate in Istanbul in October…

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Covid-19: World Bank Group Gives Support To 100 Countries

LAGOS MAY 21ST (NEWSRANGERS)-The World Bank Group today announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population. Since March, the Bank Group has rapidly delivered record levels of support in order to help countries protect the poor and vulnerable, reinforce health systems, maintain…

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