Is the administration of President Muhammadu Buhari ready to walk its talk in the promise to give the Nigerian economy a new direction? This question will be answered if (or when) the Economic Recovery and Growth Plan (ERGP) the president launched last year begins to bear fruits. What may, perhaps, prove to a traditionally skeptical and cynical public that this government is truly committed to making the new economic plan work are the focus labs that were held in Abuja between March and April this year. Very little is known of the event that is a novelty in this part of the world. But from what one has been able to glean from newspaper reports, the focus labs, which were copied from Malaysia, were held to enable key stakeholders in the nation’s economy, including investors, financiers and government leaders, to sit across the table to discuss and agree on how to make ERGP work. Reports say the focus labs, which brought together 300 participants representing 180 organisations, … [Read more...] about Focus Labs: Pragmatic Approach To Achieving Objectives Of ERGP?
A security alert in the North is over.A suspicious object was found in the Stanhope area of north Belfast at around 12.50 this afternoon.Police were called to the scene and a number residents were evacuated from their homes while the object was examined.It's since been declared a viable pipe bomb-type device and has been taken away for further forensic examination. All residents have now been allowed to return to their homes.Digital Desk … [Read more...] about Police say security alert over after suspicious object caused houses to be evacuated
-Utsav Saxena Bonds rallied on Friday after the RBI left the key policy rate untouched at 6.5%. The yield on the benchmark bond fell to as low as 8.02% before closing at 8.03%, down by 13 basis points from the previous close of 8.16%. The yield had risen to as high at 8.20% on Thursday. The markets were reassured by RBI deputy governor Viral Acharya’s assurance that the central bank will continue to proactively manage the system liquidity so as to achieve the monetary policy objective of aligning the weighted average call rate with the policy rate while also meeting the economy’s demand for reserve money growth. “The evolving liquidity conditions will however continue to determine our specific choice of instruments for liquidity management,” Acharya said. At a press conference after the policy announcement, Acharya said several measures have been taken, especially in the second half of September to provide adequate system liquidity. In particular, two open … [Read more...] about RBI to proactively manage liquidity to achieve policy objective: Acharya in Monetary Policy Review
NT NETWORK PANAJI “Applications for rejection of three nominations have been received and the verdict will be passed tomorrow,” stated Goa Football Association (GFA) Returning Office John Abreu Lobo after the list of people who filed their nominations was pasted on the GFA Office wall. The nominations of Cosme Oliveira, Arnaldo Costa and Andrew Anthony Fernandes were not cleared as a decision was yet to be taken on the objections raised against their nominations. Cosme is the secretary of Raia Sporting Club, Arnaldo is the secretary of Curtorim Gymkhana and Andrew Anthony Fernandes is vice president of Cansaulim Arrosim SC. “The nature of the objections raised against the three candidates and by whom will be made available after the decision. The matter is sub-judice at the moment. However, all relevant details regarding the objections will be made available after the judgment,” stated Returning Office Lobo. Thirty six individuals had filed nominations and all … [Read more...] about GFA RO receives objections regarding 3 nominations filed
New Delhi: India and Russia signed the USD 5 billion S-400 air defence system deal during the annual bilateral summit between Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday. This is the 19th India-Russia annual bilateral summit. "The sides welcomed the conclusion of the contract for the supply of the S-400 Long Range Surface to Air Missile System to India," a joint statement issued following the meeting said. The deal comes in the face of strident American objections. RelatedTOP 50: India-Russia Annual Bilateral Summit: PM Modi, Vladimir Putin to ink S-400 air defence deal Reports say the S-400 missile defence system deal could result in US sanctions under the Countering America's Adversaries Through Sanctions Act (CAATSA) instituted by the US Congress on arms purchases from Russia. According to a PTI report, the US has urged its allies to forgo transactions with Russia, warning that the S-400 missile defence system that India wanted to buy would be a … [Read more...] about India, Russia ink $5 billion S-400 missile air defence deal amid US objections