Bulgaria’s Georgieva selected for second five-year term as IMF managing director

The International Monetary Fund’s executive board on Friday (12 April) selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on 1 October this year, the global lender said. “The Board commended Ms. Georgieva’s strong and agile leadership during her term, navigating a series of major global shocks,” it…

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Oluchukwu Nigerian first female graduate from the UK esteemed Royal Military Academysets record

Owowoh Oluchukwu Officer Cadet made history on Friday as she became the first Nigerian female officer to graduate from the esteemed Royal Military Academy Sandhurst in the United Kingdom (UK) The 24 years old, Oluchukwu joined 134 other Officer Cadets in London for the Sovereign’s Parade, marking the culmination of 44 weeks of rigorous training…

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Ex-CBN Gov Emefiele gets N50m bail

An Ikeja Special Offences Court, on Friday, admitted the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to bail in the sum of N50 million. Emefiele is charged with abuse of officer with and fraud to the tune of 4.5 billion dollars and N2.8 billion. Justice Rahman Oshodi, in his ruling, admitted Emefiele to…

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Electricity Tarrif: ‘I didn’t intend to insult Nigerians’ — Adelabu apologises over ‘keeping freezer on

Adebayo Adelabu, minister of power, has apologised over his comment criticising Nigerians who usually keep their freezers and air conditioners on when they are not at home. Speaking in an interview with Channels Television on Thursday, Adelabu said the comment was not intended to insult the sensibilities of Nigerians. Last Thursday, the minister of power…

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Canada at risk of another ‘explosive’ wildfire season, government warns

Canada’s government says it is preparing for another “explosive” wildfire season, for which it is training extra firefighters. A warmer-than-normal winter has left little snow on the ground and has compounded droughts in several regions. Last year was by far Canada’s worst for wildfires, with 15 million hectares (37 million acres) of forest burned. Linking…

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