World Bank Approves $1.08 Billion Loan for Nigeria The World Bank has sanctioned a $1.08 billion loan to Nigeria aimed at enhancing education quality, bolstering household and community resilience, and improving nutrition for underserved groups. This funding responds to economic challenges intensified by the COVID-19 pandemic and supports Nigeria’s economic reforms initiated in 2023. Reuters
Nigeria Appoints Former Shell Executive to Lead State-Owned Oil Group President Bola Tinubu has appointed Bayo Ojulari, a former Shell executive, as the new head of the Nigerian National Petroleum Company (NNPC). This move aims to rejuvenate the nation’s oil sector amid challenges like large-scale theft and declining production. Reuters
Top retail stores in UK manage over 1.4millions employees. The retail industry also has over £185.8bn annual turn over with Tesco, Sainsbury and Amazon UK topping the list hence they are critical to the UK’s economy.
Following a major crackdown on legal immigration into the UK via the Student route, the UK Government have announced major changes to the immigration law regarding the Student Visa’s.
Foreign Universities rely on juicy income from international students. When borders were shut due to the pandemic, many foreign Universities suffered from sudden revenue shorfall as a result of travel restrictions and their inability to admit as much foreign students as expected, many switched to online courses with cheaper tuition fees.
Three years on, there have been no sign that these Universities now have alternatives, rather the scrambling for foreign students have increased.
The employers in UK have continued to express frustration on their inability to hire experienced workers with requisite skills to fill vacant positions in their organisations.
UK is among the top economy in the world and houses the best Universities around. But why the sudden manpower deficit?
