AfDB approves grant of $500,000 for clean energy in Nigeria

The African Development Bank (AfDB) has approved a $500,000 grant to support the development of clean energy in Nigeria. A statement issued by the bank on Friday said the grant was approved under the AfDB’s Sustainable Energy Fund for Africa (SEFA). SEFA is

Gbajabiamila, Wase express feel insulted, embarrassed by Service Chiefs boycott of Security meeting

By Levinus Nwabughiogu Speaker of the House of Representatives, Hon Femi Gbajabiamila and his deputy, Hon Idris Wase have expressed utter shock and disappointment that the Service Chiefs boycotted a meeting billed to discuss sensitive security issues with the Leadership of the House.

CBN clears air on cashless policy

  As reactions continue to mount following the announcement by the Central Bank of Nigeria  (CBN) on cashless policy, the apex bank has given more insight into the mode of operation on the policy. With fears and tension, which apparently, was as a result of

INCREASE LENDING TO SMES, MADUMERE URGES FG.

By Timothy Nwachukwu The erstwhile deputy Governor of IMO State, His Excellency Prince Eze Madumere has called on the Minister of finance and the governor of the Central Bank of Nigeria to increase lending to small and medium enterprises as they are the

Imo: Police launches manhunt for notorious armed robber 

Imo: Police launches manhunt for notorious armed robber The Police, in Imo State, has launched manhunt for a notorious armed robber identified as Ebuka Ukachukwu, also known as “small witch” wanted. Police spokesman in the state, SP Ikeokwu Godson Orlando, said that   Ukachukwu

FG seeks fresh $2.5bn World Bank loan

By Dulue Mbachu The World Bank and Nigeria are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Africa’s most populous country, Vice-President for Africa Hafez Ghanem said. In the past year Nigeria received $2.4 billion

We seek partnership in Infrastructure, Power, President Buhari Tells German Envoy

  There has been consistent effort of President Muhammadu Buhari led administration towards achieving stable power supply in the country so as to stimulate development in every facets of the economy. Recently, President Buhari among his team had also signed a deal with

FIFA Ranking: Super Eagles drops to 34th

Nigeria’s Super Eagles have dropped by one spot in the FIFA ranking for September, placing 34th on the ranking table. In the ranking table on the world football governing body’s website on Thursday, Nigeria garnered 1, 482 points in the month under review

BREAKING: Osinbajo presides over NEC

Contrary to the rumours making the rounds that the Vice President Yemi Osinbajo has been stripped of his constitutional roles with the dissolution of his economic management team and sensational report that suggests that he would do nothing without the approval of the

‘If Buhari wants more tax revenues, he must grow the economy

By Olu Fasan   Recently, President Muhammadu Buhari, through his Chief of Staff, Abba Kyari, queried the chairman of the Federal Inland Revenue Service, Dr. Tunde Fowler, for failing to collect enough taxes. In a letter dated August 8, Abba Kyari asked Fowler