Some 40 kilometers south of the Rwandan capital of Kigali in the Bugesera District, construction vehicles and high-visibility vests swarm across an arid expanse of land. Here, two strips of tarmac are the cornerstone of a $2 billion airport, whose developers want it to be the jewel in the crown …
Read More »
The African Development Bank and ILX Management B.V., an Amsterdam-based fund manager, have agreed to partner on scaling institutional investor capital for the Sustainable Development Goals (#SDGs) and climate-focused private sector projects in the Bank’s regional member countries. The cooperation arrangement enables the African Development Bank to deliver on its …
Read More »
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has cautioned about the unforeseeable “consequences” that could be brought about by the retail central bank digital currencies.Georgieva expressed her concern about retail CBDCs in a May 1 interview at the Milken Institute’s 2023 Global Conference.According to the IMF boss, …
Read More »
The Federal Government through the Transmission Company of Nigeria (TCN) will disconnect 13 electricity companies from the national grid. Punch reports that the disconnection plan is because of the failure of the affected companies to make remittances of ancillary services bills. As a result of the planned disconnection, electricity consumers being served …
Read More »
Nigerian women working in Iraq are being exploited in various ways, according to the Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Prof Fatima Waziri-Azi. In a statement, Waziri-Azi revealed that many of these women worked as domestic workers in Iraq and were exploited on …
Read More »
President Muhammadu Buhari on Wednesday in Abuja launched a new long-term national development plan, the Nigeria Agenda 2050 (NA 2050). He unveiled the document at the Council Chambers of the Presidential Villa, Abuja, shortly before the commencement of the weekly cabinet meeting, chaired by him. The new document aims to …
Read More »
The Minister of Aviation Senator Hadi Sirika, Wednesday, said the Senate cannot stop the ongoing demolition of offices belonging to agencies doing aviation activities at the Murtala Mohammed International Airport, Lagos. Senator Hadi Sirika, disclosed this on Wednesday during a briefing after the Federal Executive Council presided over by President …
Read More »
The Director-General of the National Agency for Food, Drugs Administration and Control, Prof Mojisola Adeyeye, has given the reasons behind banning the ‘Indomie Super Chicken’ flavour in Nigeria. Citing fewer clinical tests, registration and production of the flavour in the country, Adeyeye said the agency has commenced sampling and analysis …
Read More »
Wenenda Wali, immediate younger brother of former President of Nigerian Bar Association (NBA), Chief Okey Wali, SAN, who was released on Monday from the enclave of kidnappers in Port Harcourt two weeks after abduction, has said that the prayers of concerned Nigerians helped a lot in the release of his …
Read More »
Wenenda Wali, immediate younger brother of former President of Nigerian Bar Association (NBA), Chief Okey Wali, SAN, who was released on Monday from the enclave of kidnappers in Port Harcourt two weeks after abduction, has said that the prayers of concerned Nigerians helped a lot in the release of his …
Read More »
The Commerce Africa African Reneissance