The AfDBs portfolio in Nigeria comprise of 48 operations for a total commitment value of 4.2 billion dollars. The African Development Bank (AfDB) President, Dr Akinwumi Adesina, has pledged the Bank’s support toward revamping Nigeria’s economy. Adesina, made the pledge during a meeting with Nigeria’s President, Bola Tinubu at the New Global Finance Pact Summit…
Okonjo-Iweala urged Nigerians to strive for the unity of the country. The Director-General, World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has urged Nigerians to stop attacking one another and instead, unite to build the country. Okonjo-Iweala said this while reacting to the controversy that trailed her decision to delay posting the photo she took with President…
Tinubu described Nigeria’s relations with the Benin Republic as that of Siamese twins, joined at the hips, and supported by other friendly countries. President Bola Ahmed Tinubu has said there should be no attempt to separate Nigeria and the Benin Republic as the two West African neighbours need each other for shared economic benefits. The…
While confidence and momentum have led him to release 4 projects in the space of 8 months, Seyi Vibez sounds most sure-footed and unshakable in his talent with his latest album. Released just one week after he shocked listeners with ‘Vibe Till Thy Kingdom Come’ (VTTKC)’, Seyi Vibes returned with another surprise album as he…
The CBN said accounts belonging to politically exposed persons should be subject to periodic review. The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to ensure regular monitoring and screening of accounts belonging to Politically Exposed Persons (PEPs) in Nigeria. The apex bank instructed that accounts of PEPs should be subject…
She said a partnership had begun with Innoson Motors and Toyota towards assembly of electric cars in Nigeria. The Nigerian Institution of Mechanical Engineers (NIMechE) says it has begun collaboration with local and foreign automobile companies towards setting up electric cars assembly plants in the nation. NIMechE National Chairperson, Dr Funmilade Akingbagbohun, gave the hint…
Danfulani, who thanked Matawalle for the gesture described it as timely as it will cushion the economic hardship among the citizens in the state especially at grassroots. The former Zamfara Governor, Alhaji Bello Matawalle, has donated N200 million to various categories of people in the state for the Eid-el-Kabir celebrations. This is contained in a…
Olukoya said competition would force down energy price, while commending President Bola Tinubu for signing the Electricity Law. A university don, Prof. Olawale Ajibola, on Saturday appealed to the Federal Government to explore the nation’s huge coal deposits for power generation. He said this could help to achieve energy sufficiency while gradually transitioning to clean…
On the possible solutions to fuel subsidy, Wafure said that there is need for a full deregulation of the downstream sector and complete removal of petroleum subsidy. The Third Chairman of the Institute of Chartered Accountants of Nigeria (ICAN), Gwagwalada and District Society, Musa Dala has called on government to harmonise wages for civil servants…
The labour unions also urged the state government to also extend the same gesture to the remaining workers of some ministries that were yet to receive their March salaries. The Zamfara chapters of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have commended Gov. Dauda Lawal over the payment of two months…
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