The World Bank Group has urged Nigeria to reduce government’s borrowing from the Central Bank if it wants to reduce the inflationary pressure on the economy. World Bank’s Lead Economist for Nigeria, Alex Sienaert, stated this on Thursday during an economic review session at the Lagos Business School. In his keynote presentation, Sienaert commended the government over its recent economic reforms, but noted that these reforms would have to be sustained for the economy to recover from present shocks and record considerable growth in the near future. He said, “The whole agenda of tackling inflation is obviously a huge one.…
Author: ACNNTV
The Labour Party, LP, presidential candidate, Peter Obi has denied taking a picture with self-acclaimed Biafra agitator, Simon Ekpa. Obi issued the denial in response to a viral ‘photoshopped image with Ekpa’. Speaking through the Head of Obi-Datti Media Office, Diran Onifade, Obi said those determined to cast his image in a bad light were behind the photoshopped image. The Labour Party, LP, presidential candidate, Peter Obi has denied taking a picture with self-acclaimed Biafra agitator, Simon Ekpa. Obi issued the denial in response to a viral ‘photoshopped image with Ekpa’. Speaking through the Head of Obi-Datti Media Office, Diran…
The head of Russia’s Olympic Committee on Friday accused the International Olympic Committee of picking sides after it urged sports federations to show sensitivity when handling Ukrainian athletes. “The statement in question indicates that the IOC determined for itself and picked a side in the political conflict, (and) began to act in the interests of this side,” Stanislav Pozdnyakov said on Telegram. On Thursday, Ukrainian fencer Olha Kharlan was disqualified at the World Fencing Championships in Milan after refusing to shake the hand of her beaten Russian opponent Anna Smirnova. The rules of the International Fencing Federation state that the…
The family of 22-year-old Gafaru Yusuf has been thrown into mourning after operatives of the National Drug Law Enforcement Agency allegedly shot him and Emmanuel Olomowewe dead in the Idioro area of Mushin, Lagos State. News correspondents gathered that the NDLEA operatives stormed the community around 9.40pm on Wednesday to raid a drug den when they started shooting indiscriminately to scare hoodlums attempting to scuttle their plan in the community. It was learnt that stray bullets hit and killed the victims. Speaking with our correspondent, Yusuf’s elder sister, Muhibah, while demanding justice for her brother, said he was on his way…
Nigeria has reported a total of 287 confirmed cases out of 2,707 suspected cases of meningitis, including 183 deaths, with a case-fatality ratio of 6.8 per cent. Their cases were reported from 130 Local Government Areas in 24 states, including the Federal Capital Territory in Nigeria from From October 2022, to July 2, 2023. This is according to the epidemiology situation of the disease released by the Nigeria Centre for Disease Control and Prevention. Meningitis is a serious infection of the meninges, the membranes covering the brain and spinal cord. It is a devastating disease and remains a major public…
Following an ultimatum from Finland-based Biafra agitator Simon Ekpa calling for two weeks total shutdown of the southeast part of Nigeria beginning from 31 July 2023, transport companies in Cross River State have hinted that they may not release their buses to ply that route. They said the decision was not only to save their buses but the lives of passengers and their drivers. A few days ago, Ekpa released a statement calling for total compliance. Following an ultimatum from Finland-based Biafra agitator Simon Ekpa calling for two weeks total shutdown of the southeast part of Nigeria beginning from 31…
Date: 2023-Jul-28 🎯TOPIC: JESUS HAS AUTHORITY OVER DEMONS 📺 WATCH THE DEVOTION VIA THE LINK BELOW👇 https://youtu.be/DPzis8JF7wQ ✝️ TEXT: Mark5:1-20(NKJV) 5:1. Then they came to the other side of the sea, to the country of the Gadarenes. 5:2. And when He had come out of the boat, immediately there met Him out of the tombs a man with an unclean spirit, 5:3. who had [his] dwelling among the tombs; and no one could bind him, not even with chains, 5:4. because he had often been bound with shackles and chains. And the chains had been pulled apart by him, and…
Australia captain, Steph Catley can’t hide her disappointment following the Matildas 3-2 loss to the Super Falcons of Nigeria. “Obviously extremely disappointed. I think this was a massive opportunity for us that we obviously let slide, but it’s tournament football, and this sort of thing happens. It was definitely not our best performance,” Catley said after the game. “We created a lot of opportunities that we potentially could have finished – I haven’t seen the statistics, but I assume we had a fair few shots. Australia captain, Steph Catley can’t hide her disappointment following the Matildas 3-2 loss to the…
Arsenal legend Kanu Nwankwo has urged Nigeria’s Super Falcons to keep going at the ongoing 2023 FIFA Women’s World Cup tournament in Australia. The former Nigeria international said this while reacting to the Super Falcons’ FIFA World Cup 3-2 win against host nation Australia on Thursday. it was reported that goals from Uchenna Kanu, Osinachi Ohale, and Asisat Oshoala ensured the Super Falcons defeated Australia at Suncorp Stadium. Arsenal legend Kanu Nwankwo has urged Nigeria’s Super Falcons to keep going at the ongoing 2023 FIFA Women’s World Cup tournament in Australia. The former Nigeria international said this while reacting to…
Super Falcons forward Asisat Oshoala insisted that she is not a selfish person in her post-match interview after leading Nigeria to beat Australia 3-2 in the 2023 FIFA Women’s World Cup on Thursday. it was reported that the 28-year-old scored Nigeria’s third goal against Australia when she came off the bench. She also made history as she became the first African player to score at three different editions of the FIFA tournament. “Like I said earlier, this team has a lot to offer, and everyone has seen that today,” Oshoala said. “To be honest, I was not feeling really too…