LAGOS SEPTEMBER 5TH (NEWSRANGERS)-A financial statement published by the World Bank has placed Nigeria as the third largest debtor to the Bank’s International Development Association (IDA) as of June 30, 2024. According to the financial statement, Nigeria’s exposure to IDA rose to $16.5 billion as at June 30, which is an increase of $2.2 billion,…
LAGOS JANUARY 3RD (NEWSRANGERS)-A Dhaka court sentenced Muhammad Yunus — who won the Nobel Peace Prize for pioneering microloans to some of Bangladesh’s poorest — to 6 months in jail for labor law violations. A labor inspector had found that employees of Grameen Telecom, of which Yunus, 83, is chairman, were denied benefits including leave…
LAGOS MARCH 29TH (NEWSRANGERS)-Former Governor Peter Obi has expressed belief that Nigeria, with its abundant resources, could be on the right developmental track, with strict implementation of progressive policies. In a telephone interview, Obi said he was currently in Morocco as part of his plans for meetings and understudy of the best performing economies in…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-More than 6,500 migrant workers have died in Qatar amid the nation’s preparation to host the 2022 World Cup, The Guardian reports. The report cites government data from the home nations of migrant workers, including India, Pakistan, Nepal, Bangladesh and Sri Lanka. The data have been compiled since Qatar was awarded the…
LAGOS JUNE 8TH (NEWSRANGERS)-Nigeria chartered a special flight between Abuja and Dhaka on Sunday to collect a small dose of the Bangladesh-produced anti-viral drug remdesivir in an effort to treat one of its officials suffering from Covid-19, officials in Dhaka said. Dpa International reported that the plane returned home nearly 20 minutes after landing at…