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Morning recap: APC chairmen reject Wike’s coalition, FG seeks fresh $1.5bn World Bank loan, other top stories

APC state chairmen have rejected Nyesom Wike’s Rainbow Coalition, demanding he defects. Also, the FG is seeking a fresh $1.5bn World Bank loan. Read More: https://punchng.com/morning-recap-apc-chairmen-reject-wikes-coalition-fg-seeks-fresh-1-5bn-world-bank-loan-other-top-stories/

Morning recap: APC chairmen reject Wike’s coalition, FG seeks fresh $1.5bn World Bank loan, other top stories

The Nigerian government has opened discussions with the World Bank for three new loans totaling $1.5 billion, while the All Progressives Congress (APC) chairmen have rejected Nyesom Wike's proposed Rainbow Coalition, demanding that Wike formally join the ruling party. Additionally, the Federal Government has unveiled new guidelines for debarment of defaulting contractors, including bribery, fraud convictions, and wilful failure to perform contractual obligations.

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Ukraine funding gap looms over Brussels defence talks

Good morning. This is Mared Gwyn with your Monday newsletter from Brussels. Today: the question of Ukraine's funding gap looms over EU defence talks, and the bloc's energy chief cautions over low…

  • European defense ministers meet in Brussels to discuss Ukraine support.
  • Ukraine needs €23.5 billion in aid to sustain military efforts.
  • Gap looms over whether to pressure reforms or provide unrestricted funds.

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