Funding
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President Donald Trump on Friday said he would make himself chair of the Kennedy Center after dismissing multiple board members, reports the Atlantic. “At my direction, we are going to make the Kennedy Center in Washington D.C., GREAT AGAIN. I have decided to immediately terminate multiple individuals from the Board of Trustees, including the Chairman, who…
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The Irish taoiseach – or prime minister – Simon Harris is in Kyiv today as Ireland prepares to announce millions in new funding for Ukraine. Mr Harris, who arrived in Ukraine on Wednesday morning, will sign a joint agreement with Volodymyr Zelenskyy on support and co-operation during a bilateral meeting in the Ukrainian capital. The…
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The Nigerian Government has reduced the allowances of foreign scholars who are studying under the Bilateral Educational Agreement, BEA, Scholarship by 12.7 per cent. The scholars are currently stranded in Russia, Morocco, and Algeria, among other countries. The reduction of the allowances was announced in a memo issued by the Nigerian Government. In the memo…
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Namibia has secured more than two billion Namibia dollars (about 110 million U.S. dollars) from the World Bank for a major transmission network expansion and renewable energy integration project. The Transmission Expansion and Energy Storage (TEES) Project will include the development of a 465 km transmission line as well as the establishment of a utility-scale…
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The head of the UN agency for Palestinian refugees, or UNRWA, called on UN member states Monday to continue supporting the agency as some donors freeze funding after Israeli accusations. “I am here today because UNRWA, the United Nations Agency for Palestine Refugees, is at a breaking point,” Philippe Lazzarini told the UN General Assembly…
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In one-fourth of the crowdfunding campaigns (n = 96, 25.26%) individuals blamed the sickness fund and referred to gaps in service provision. Those gaps were almost exclusively related to the range of services provided by the sickness funds. Prominent examples of such gaps include additional, alternative and complementary therapies, rehabilitation after injury or cancer, and equipment to…
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Experts have expressed concern over Japan’s new support plan for Ukraine, arguing that it reflects Japan’s increasingly aggressive military buildup and desire for a greater role on the international stage. During an online meeting of G7 leaders last week, Japanese Prime Minister Fumio Kishida pledged $4.5 billion to Ukraine, including $1 billion in humanitarian aid.…
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As part of its efforts to help boost innovation across various sectors, the administration of President Joe Biden this week selected, out of 370 applicants, 31 U.S. regional technology hubs that will be eligible for US$500 million in federal funding. To attract more private sector investments, Biden’s “industrial policy” will use federal government dollars to…
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Governor Hyacinth Alia of Benue State has reestablished the bonding agreement for medical students at the College of Health Sciences, Benue State University. This was revealed during the 9th Professional Induction and Admission Ceremony for the 2023 Graduating Doctors of the college, held in Makurdi on Monday. Under this renewed bonding arrangement, the state government…
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With the new academic session beckoning, the signs of back-to-school are everywhere, particularly as parents hit the market for last-minute purchases. Meanwhile, amid the usual back-to-school frenzy, worry clouds the air in Akure, the Ondo State capital, following the recent economic hardship, worsened by the removal of fuel subsidy and the inflation sweeping across sectors.…
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The fresh subsidy palliative loans may drive 36 states’ borrowing from the Federal Government to N1.34tn, according to findings by the PUNCH newspaper. The debt under the budget support facility of the Federal Government included a N614bn debt as of 2019, another debt of N656bn in 2021, and a fresh N69.12bn debt as subsidy palliative…
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The Biden and Trump administrations issued eight extensions on a forbearance program, but Congress passed a bill ensuring there will be no more pauses on student loan repayment, so borrowers should prepare to tackle the upcoming monthly payment. When Will Student Loan Payments Resume? The Department of Education (DOE) posted a notice on its website June…
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EU backs extra funding for Ukraine European Union finance ministers have unanimously backed extra funds for Ukraine through a top-up of its long-term budget, although differences remain over other spending that threaten to delay the aid package for Kyiv. Spanish finance minister Nadia Calvino told a news conference that EU finance ministers meeting today had…
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U.S. Treasury Secretary Steven Mnuchin on Wednesday urged the International Monetary Fund and World Bank to work judiciously within their existing resources to fight the coronavirus pandemic and urged G20 countries to endorse a proposed debt restructuring framework. In a statement to the two institutions’ steering committees, Mnuchin said they needed to continue to provide…
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Being an entrepreneur can often be stressful, and while you have managed to bring your brand into the market, you might currently be struggling from a financial point of view, and monetary support may be required to keep your business going, or to obtain growth. Regardless of the exact purpose you currently need financing for,…
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