The International Monetary Fund (IMF)’s Executive Board has approved a new emergency financing instrument for countries suffering from acute food insecurity. Ms Kristalina Georgieva, the Managing Director, IMF announced this in a statement obtained from the IMF website NAN) in Abuja on Saturday. “I am very pleased to announce that the IMF’s Executive Board today […]
Month: October 2022
October 1: Nigeria must be fixed, say presidential candidates
Leading presidential candidates on Saturday reiterated the need to fix Nigeria as the country celebrates its 62nd Independence Day Anniversary. Bola Tinubu of the All Progressives Congress, Atiku Abubakar of the Peoples Democratic Party, and Peter Obi of the Labour Party made this known in separate statements. According to Obi, many Nigerians are frustrated and […]
Messages reveal how Musk and Twitter boss fell out
Messages between Elon Musk and Twitter boss Parag Agrawal have been published in a court filing. They reveal how the pair’s relationship, after a good start, went dramatically south. In late March, it became clear that Elon Musk was interested in purchasing shares in Twitter – and potentially sitting on Twitter’s board. On 27 March, […]
Liz Truss admits disruption after tax cut pledges
Prime Minister Liz Truss has admitted there has been “disruption” in the UK economy following the mini-budget. Writing in The Sun, she said she had “acted decisively” and would keep an “iron grip” on the nation’s finances. The government unveiled £45bn of tax cuts funded by borrowing last week – but did not accompany it […]