Senator Abubakar Girei wants craft schools back in Nigeria. He talked with reporters at his home in Yola about this idea. Craft schools taught trades to students when he was young, but they stopped running many years ago.
Girei believes these schools would help grow the national economy. He pointed to former Governor Nyako, who started skill centers in Adamawa State. These centers trained workers for companies like the Dangote Group. The skill centers barely work today. Girei asks state governments to focus on education that teaches both reading and practical skills.
The senator also spoke about the Federal Government student loan program. Many students have received money from this program, but reports show some people misuse the...
Road safety officers placed courts on highways to stop crashes across the country. The Edo State team shared this news during United Nations Safety Week activities in Benin City. Mr Ben Akunhe said they want to create order on the roads through these measures. Courts will catch drivers who break traffic rules at places like Ramat Park. Drivers found guilty must pay fines as a warning to others.
The United Nations started this safety program back in 2010 to lower death rates from road accidents. They created five main areas for countries to focus on for safer travel. These areas cover crash management, safety rules, driver behavior, vehicle condition, and help after accidents. Mr Akunhe promised his team would work hard to reduce...
FCT Minister Wike plans to hold back money from the area councils because they forgot to pay teachers. He will keep 10 percent of the funds meant for these local groups until they fix the problem. Primary school teachers started a strike when they did not receive their new pay rates. Wike tried to help earlier, but teachers remain upset about missing wages. The strike keeps children away from school across the federal capital area.
Wike feels upset that council leaders ignored his earlier help attempts. He cannot remove these leaders from office since voters chose them through elections. The FCT office will create a team to make sure teachers receive cash directly if needed. Money might go straight to teachers without passing through...
Nigeria's central bank warns people about fake money offers going around. Scammers pretend they work for the bank when they promise contracts or free cash. The bank never sends surprise emails, calls, texts, or social media messages about money deals. The bank also never asks people to pay fees first to get grants later. Fraudsters keep tricking people despite earlier bank warnings from last November.
The bank made clear it never hires outside people to hand out money or business deals. Citizens should avoid talking to anyone claiming they represent the bank with special offers. Anyone who meets these fake agents should call the police or visit a bank branch right away. The real bank works with the police to catch these criminals. The...
TETFund might remove schools from its funding list if they perform poorly or misuse money. Sonny Echono shared this message during a meeting with school leaders on Monday in Abuja. He explained the rule aims to protect the value of TETFund programs rather than punish schools. TETFund wants its money to go only to schools that show good management. The fund seeks to fix problems in Nigerian higher education through better project completion.
Schools must meet student number goals to keep receiving money. They also need to spend funds correctly or risk losing support. Echono stressed that schools must report how they use all the money they receive. Schools failing to meet these standards will lose access to future funding. The meeting...
Zimbabwe officials head to Benin next week to learn about farming success. The group will visit the Glo-Djigbe Industrial Zone from May 11 to 16. Deputy Minister Vangelis Haritatos leads the team with staff from several government departments. They want to see how Benin runs its farm factories to copy the good parts back home.
The visit connects to Zimbabwe's plans for cottonseed processing in Gokwe. Officials need this factory to handle cotton, sunflower, and soybeans together. The plant must process 500 metric tonnes daily to succeed. ARISE and Afreximbank support both countries with money and advice for these projects. Zimbabwe officials believe this trip will help them avoid mistakes when building their systems.
The cotton project...
Global donors started a $500 million program to save mothers and babies in Africa. The Beginnings Fund began on April 29 at an event in Abu Dhabi. Zimbabwean couple Strive and Tsitsi Masiyiwa joined with the Gates Foundation and others to create this fund. They plan to work with local African groups instead of forcing outside ideas. The program aims to save 300,000 lives by 2030.
It will help more than 34 million women and children get better health care. The money will go to 11 countries across Africa. The fund will fight common health problems like bleeding after birth and breathing troubles in newborns. The fund headquarters will operate from Nairobi, Kenya. Several other foundations added $100 million more for direct investments...
Zimbabwe business leaders praise the steady economy that comes from strict money rules. The central bank limits how much money exists and makes loans cost more, which stops people from borrowing just to bet on currency changes. The government also spends less money, which means fewer dollars chase the same goods. These changes make prices more stable for everyone. Companies can plan better when they know what things will cost next month.
Economist George Nhepera says the central bank found success with these money tools. The official exchange rate stays around 26 ZiG to one US dollar, with street rates between 33 and 35. March showed zero percent inflation, down from earlier months. Prices barely changed for items priced in either ZiG...
Zimbabwe has created new rules that let the Zimbabwe Stock Exchange list itself as a company on its market. The Finance Minister approved these changes through a law called Statutory Instrument 49. Last October, all stock exchange owners voted yes to this plan. They will trade their current shares for equal shares in a new parent company called Zimbabwe Stock Exchange Holdings. This change aims to simplify and better organize the business structure.
This parent company will run the main stock exchange and the foreign exchange market as separate businesses. The main goal is to improve the company's performance and help shareholders make more money. Both markets will keep their separate licenses under the law. The stock exchange needs...
