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Sunday, May 12, 2024
UN inaugurates alliance to end AIDS in children by 2030

UN inaugurates alliance to end AIDS in children by 2030

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UN agencies and others on Monday formed a global alliance to prevent new HIV infections and ensure that by 2030 all HIV positive children can get access to lifesaving treatment.
The European Union (EU) Delegation to Nigeria and ECOWAS on Tuesday allocated the sum of one million euros (N847 million) for the fight against the diphtheria outbreak in the Northeast and Northwest regions of Nigeria.

EU Allocates €1M for Fight Against Diphtheria Outbreak in Nigeria

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The European Union (EU) Delegation to Nigeria and ECOWAS on Tuesday allocated the sum of one million euros (N847 million) for the fight against the diphtheria outbreak in the Northeast and Northwest regions of Nigeria.
Sierra Leone Imposes Nationwide Curfew

Sierra Leone Imposes Nationwide Curfew

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Sierra Leone has imposed a nationwide curfew after unidentified gunmen attacked a military barracks and attempted to break into an armoury in Freetown, the capital city.
DTAC: 23 TAC Volunteers Return Home From Uganda

DTAC: 23 TAC Volunteers Return Home From Uganda

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The Directorate of Technical Aid Corps (DTAC) on Sunday received 23 Technical Aid Corps (TAC) Volunteers sent to Uganda in November 2021, who returned to Nigeria.
UN: 450,000 Fleeing Fighting in Eastern Congo

UN: 450,000 Fleeing Fighting in Eastern Congo

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Almost half a million people are fleeing fighting between government troops and rebels in the east of the Democratic Republic of Congo (DRC).
Taiwan’s president calls Chinese military exercises ‘irresponsible’

Taiwan’s president calls Chinese military exercises ‘irresponsible’

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Taiwan President Tsai Ing-wen on Thursday night called China’s military exercises off the coast of the self-governing island “irresponsible not only for Taiwan, but also for the international community.”
Australia PM slams China for easing trade restrictions on Russia

Australia PM Slams China for Easing Trade Restrictions on Russia

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Australian Prime Minister Scott Morrison on Friday described as unacceptable, China’s decision to ease restrictions on Russia’s wheat imports at a time when the
Nigeria's US dollar bonds continue to face sell pressures in the international capital market amidst risk off sentiment following the US Fed's decision to maintain the status quo on fund rates.

Foreign Investors Dump Nigeria US Dollar Bonds

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Foreign investors sold Nigeria's sovereign US dollar bonds in the international debt market due to a shift in risk sentiment. The market price of Eurobonds rose, though later moderated slightly amidst seesaw buying, and selling activities in the market. 
The Chair of the African Group, Amb. Chola Milambo is soliciting political endorsement of UN Member States to adopt the resolution on the Framework Convention on International Tax Cooperation.

African Group Seeks Endorsement of UN Tax Convention Resolution

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The Chair of the African Group, Amb. Chola Milambo is soliciting political endorsement of UN Member States to adopt the resolution on the Framework Convention on International Tax Cooperation.
As risk-off sentiment doused, foreign investors increased their position in Nigerian sovereign US dollar bonds. The trading pattern observed in the international market showed that US Treasury yields have been swinging following the Federal Reserve's decision to maintain the status quo on rates. The market has been reacting to Jerome Powell’s hawkish tone.

Futureview US Dollar Fund Return Hits 7.42%

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Futureview US dollar fund year-to-date return cleared at 7.42%, the financial services company said in an update. Return on the investment stands ahead of FGN 5-Year Eurobond year-to-date yield of 3.42%.