The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing climate-induced challenges. World Bank’s Regional Director, Sustainable Infrastructure Development for West and Central Africa, Chakib Jenane…
Nigeria’s equities market decreased further by N671 billion at the close of trading session on Thursday. The market’s negative close happened as investors sold mostly industrial and consumer goods stocks despite rally seen in oil & gas and insurance stocks.…
By Esther Agbo At the recent Renewable Energy and Energy Efficiency Association (REEEA-A) conference in Abuja, key stakeholders, including Access Bank, reaffirmed their commitment to advancing Nigeria’s journey toward achieving net-zero emissions. Themed ‘Road to Net Zero: Actionable Initiatives for…
By Esther Agbo In order to alleviate poverty, the Bank of Industry (BOI) has disbursed N77.65 billion in loans to nearly 1,000 medium, small, and micro-enterprises (MSMEs) within the first nine months of 2024. This initiative forms part of a…
By Esther Agbo The Aspire Coronation Trust (ACT) Foundation, known for its commitment to driving sustainable development, is set to host the 8th edition of its highly anticipated Breakfast Dialogue (BFD) on October 10, 2024. The event, which has established…
Urbanisation, a fundamental aspect of human development, traces its roots back to Ancient Mesopotamia around 4300 BC. In Nigeria, however, this phenomenon took a distinct turn during the colonial era, particularly in the early 1950s, when about 19 percent of…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has emphasised the importance of accountability and transparency in the nation’s energy sector. The Executive Secretary, Dr Orji Ogbonnaya Orji, said this at the Association of Energy Correspondents Annual Strategic International Conference on…
By Sodiq Adelakun Human rights lawyer, Femi Falana, SAN, has denied allegations of involvement in the case of crossdresser, Bobrisky, and has threatened civil action to restore his reputation. Falana’s denial comes after social media critic, Martins Otse, known as…
PalmPay, a leading payment platform has clocked five years of operations in the Nigerian market. Since its launch, PalmPay has achieved significant milestones in its mission to enable financial inclusion and strengthen Nigeria’s financial ecosystem. Amidst the celebration, PalmPay extended…
Google on Thursday said that a recent study, conducted by Public First, showed that Artificial Intelligence (AI) has the potential of contributing $15 billion to the Nigerian economy by 2030. The Director, West Africa, Google, Mr Olumide Balogun, said this…
