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World Bank to Help Nigeria Tackle High Rate of Youth Unemployment

World Bank to Help Nigeria Tackle High Rate of Youth Unemployment

The World Bank is to help Nigeria tackle the high rate of unemployment among the youth in the country, Professor Folusho Okunmade, the Country Representative of the bank in Nigeria, said in Abuja on Monday.
Islamic Development Bank’s Board of Executive Directors Approves $1m Relief Package for Somalia

Islamic Development Bank’s Board of Executive Directors Approves $1m Relief Package for Somalia

The Islamic Development Bank’s Board of Executive Directors has approved a $1 million relief package to help the drought-hit people of Somalia where famine threatens more humanitarian disaster.
Zimbabwe’s Commercial Bank Deposits Rose By Nearly 50% in the Year to April 2011

Zimbabwe’s Commercial Bank Deposits Rose By Nearly 50% in the Year to April 2011

Zimbabwe’s commercial bank deposits rose by nearly 50 percent in the year to April 2011 as the southern African economy slowly emerges from a decade-long crisis, a new report by the African Development Bank (AfDB) revealed Friday.
Two Charged in Australia for False Documentation And Drug Possession

Two Charged in Australia for False Documentation And Drug Possession

A 33-year-old Fadden, ACT man and a 25-year-old Mosman, NSW man have been charged by the Australian Federal Police (AFP) with offenses relating to fraudulent documentation and drug possession.
European Commission Extends Bank Support Schemes in Ireland And Spain

European Commission Extends Bank Support Schemes in Ireland And Spain

The European Commission has authorized, under European Union (EU) state aid rules, a six month prolongation of guarantees schemes for credit institutions in Ireland and Spain, until December 31st 2011.
Nigerian Senate Orders Central Bank of Nigeria to Increase Cash Withdraw Policy

Nigerian Senate Orders Central Bank of Nigeria to Increase Cash Withdraw Policy

The Nigerian Senate has ordered the Central Bank of Nigeria (CBN) to increase the amount of money an individual could withdraw across the counter in its new Retail Cash Collection Policy.
Togo to Receive Loans From West African Development Bank for Infrastructure Development

Togo to Receive Loans From West African Development Bank for Infrastructure Development

The West African Development Bank (BOAD) based in Lomé has granted three loans equivalent to 27.5 billion CFA francs for the development of road and agricultural infrastructure in Togo, a government source told APA Wednesday.
World Bank And the United Nations Development Programme to Assist Nigerian States in Economic Growth

World Bank And the United Nations Development Programme to Assist Nigerian States in Economic Growth

The World Bank and the United Nations Development Programme (UNDP) are to assist states in Nigeria achieve development and economic growth through the Nigeria Governors Forum (NGF) Secretariat.
Trust Bank Ltd. And Standard Chartered Bank of Gambia to Reduce Prime Lending Rates

Trust Bank Ltd. And Standard Chartered Bank of Gambia to Reduce Prime Lending Rates

Two of Gambia’s leading commercial banks, the Trust Bank Ltd. and Standard Chartered Bank, have today announced their decision to cut the prime lending rate for their customers.
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