World News

US Economy to Contract -6.6% in 2020-IMF

August 10, 2020/IMF The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the United States. The economic outlook has shifted dramatically with the rapid spread of COVID-19. 135,000 Americans have tragically lost their lives and many more have become seriously ill. The sudden-stop […]

Elumelu Advocates Collaborations to Boost Africa’s Fortunes as He tips Continent as Key Investment Destination

August 1, 2020/UBA Plc The Group Chairman, United Bank for Africa (UBA) Plc, Tony O. Elumelu  has said that the Corona virus pandemic has presented a perfect opportunity for foreign investors to invest in Africa, owing to the huge opportunities that are inherent in the African economy. “This is the […]

Communique of the Boards of Governors AfDB on the Whistle Blower Complaint against Adesina

The Panel concurs with the Committee in its findings in respect of all the allegations against the President and finds that they were properly considered and dismissed by the Committee July 29, 2020/AfDB The High-Level Panel comprising of Mrs. Mary Robinson, former President of Ireland (Chair), Justice Hassan B. Jallow, […]