Thursday, December 6, 2018
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    Akin Adesina: Women are bankable…98% repay their loans

Akin Adesina: Women are bankable…98% repay their loans

Akinwumi Adesina, the president of the Africa Development Bank, says 98 percent of women repay their loans.Speaking at the first ever Africa Investment Forum (AIF) in Sandton, South Africa, Adesina said if women had the resources available to men, the gross domestic product (GDP) of the world will go up by 26 percent."If the world today has the same resources [...]

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    Emefiele: CBN working on non-interest development finance

Emefiele: CBN working on non-interest development finance

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank is working on a non-interest development finance to increase financial inclusion in the country. The governor said this while delivering the keynote address at the 10th-anniversary conference of Enhancing Financial Innovation and Access (EFInA) in Lagos on Tuesday.Emefiele, who spoke to the conference theme, “the Business Case for Financial Inclusion”, [...]

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    UNICEF takes gender imbalance in child education head-on

UNICEF takes gender imbalance in child education head-on

At a two-day Media Dialogue to Promote Equity in Education for Children, which held in Kano on October 29 and 30, the United Nations Children Education Fund (UNICEF) focused emphasis on out-of-school children who it said numbered about 10.5 million between age 6 and 14 in Nigeria and have been left behind in the scheme of things, as it were.What worsens [...]

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    88 million Nigerians now living in extreme poverty

88 million Nigerians now living in extreme poverty

Over 1.1 million Nigerians have slipped into extreme poverty in just four months, TheCable can report.This has brought the number of Nigerians living in extreme poverty -- or below $1.90 a day -- to 88 million.In June 2018, the Brookings Institution named Nigeria as the poverty capital of the world, with 86.9 million extremely poor people.Nigeria overtook India as the [...]

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    Nigeria ranked fourth in workplace gender equality in Africa

Nigeria ranked fourth in workplace gender equality in Africa

Nigeria ranked fourth out of 54 African countries in workplace gender equality, with a growth rate of 25 percent between 2008 and 2017, according to the Mo Ibrahim Foundation.The 2018 Ibrahim Index of African Governance (IIAG) was launched on Monday. The index covers 10 years’ worth of data for 54 African countries.Mo Ibrahim, Foundation chair, and Yvonne Mensah, head of [...]

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    Like Mauritius, Nigeria ‘can teach anti-corruption’ in pry schools

Like Mauritius, Nigeria ‘can teach anti-corruption’ in pry schools

Patricia Lamour, the CEO of Aspire Education Group, says Nigeria can learn from Mauritius to teach anti-corruption at primary school level.Lamour, who is also the CEO of Gender Education and Enterprise Development for Africa (GEEDA), made this recommendation while speaking about education in Nigeria with Osasu Igbinedion on The Osasu Show.She said one of the items lacking in Nigeria's educational [...]

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    REVEALED: 32 African countries better-governed than Nigeria

REVEALED: 32 African countries better-governed than Nigeria

Thirty-two countries in Africa have better overall governance than Nigeria, the 2018 Mo Ibrahim Index of African governance has revealed.The report, which was unveiled on Monday, showed that Nigeria ranks 34 out of 54 countries on the continent when it comes to governance over the past 10 years -- and well below the African average.According to the index, which measured human [...]

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    Aisha Buhari pledges support for women, children’s health

Aisha Buhari pledges support for women, children’s health

Aisha Buhari, wife of the president, has pledged her continuous support for the health and wellbeing of women and children across the country.NAN reports that Buhari gave the assurance on Saturday during an award ceremony to mark the third anniversary of her NGO, the Future Assured Program.According to her, the health and wellbeing of women and children in Nigeria have [...]

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    Nigerian media commits to drive implementation of UNGP for business and human rights

Nigerian media commits to drive implementation of UNGP for business and human rights

The Nigerian media has committed to drive the domestication and implementation of the United Nations guiding principles  (UNGP) for business and human rights.The commitment was secured by Connected Development (CODE) for her policy advocacy activities on the National Action Plan on Business and Human Rights (NAPBHR).The media committed to this after holding a successful two-day roundtable with CODE around its [...]

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    Osinbajo: We are working to reduce population growth by 50% through educating women

Osinbajo: We are working to reduce population growth by 50% through educating women

Vice-President Yemi Osinbajo says the federal government is working to reduce Nigeria's population growth by half, via educating women.Speaking at the just concluded Nigerian Economic Summit (NES24), Osinbajo said studies have shown that educating women and girls could reduce population by half."Now, one of the major challenges that we have is massive population growth, that we are experiencing about three percent [...]

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Exchange Rates

December 06, 2018USDGBPEUR
INTERBANK306397354
LAGOS360467411
KANO358465415
PH360466412
ABUJA359465413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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