Amid a global slowdown, growth in Sub-Saharan Africa (SSA) is expected to reduce to 3.6 per cent before rebounding to 4.2 per cent in 2024. This is according to the latest International Monetary Fund (IMF) Regional Economic Outlook for SSA: “The Big Funding Squeeze” published on Friday at the World Bank Group/IMF 2023 Spring Meetings […]
*Despite 27.7 per cent decline in remittance flows A World Bank report on migration and development has revealed that Nigeria received over 40 per cent of sub-Saharan Africa’s share of remittances totaling $540 billion. The remittance flows were to low- and middle-income countries in 2020. The report released in Washington D.C. on Wednesday provides updates […]
Today in Nigeria there is a malaise of poverty which has resulted in the problem of insecurity. The twin problem of illiteracy caused by excessive poverty has bedevilled and hampered the development of our country. According to the statistics and data reported and disclosed by the World Health Organisation, the countries in Sub-Saharan Africa are […]
Moroccan authorities said on Monday a “terrorist cell” they dismantled had brought in arms through the Spanish enclave of Melilla to carry out attacks for the Islamic State (ISIS) jihadist group. The cell was made up of 13 members aged between 19 and 37, most of them without primary school education, said Abdelhak Khiame, […]