African Development Bank President Akinwumi Adesina and a bank team are in Japan this week for a 5-day official visit. Most of the trip will focus on leveraging the bank’s strong record of collaboration with the Asian country to attract more investments into Africa. The Bank and Japan’s relationship goes …
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Power supply gets a boost in Abuja with 3 new feeders-AEDC
The Abuja Electricity Distribution Plc has explained that the onstream of its three new 33KV feeders would improve electricity supply to its customers in Gwarinpa, Life Camp, Kubwa, and other parts of Abuja, the nation’s capital. The utility explained that the completion of construction on the 33KV feeders and the …
Read More »World Bank advises Nigeria to unify the nation’s multiple exchange rate
The World Bank has advised the Nigerian Government to unify the nation’s multiple exchange rate windows and carry out a number of other reforms to strengthen the economy and restore macroeconomic stability.In its latest Macro Poverty Outlook for Nigeria: April 2023, the bank said implementing economic reforms in the non-oil …
Read More »Nigeria’s Internet Users grew to 154.8m in Q4 of 2022
The National Bureau of Statistics has disclosed that Nigeria’s internet users grew to 154.8 million in the fourth quarter of 2022. The bureau disclosed this in its latest data released Saturday. The increase portrayed 9.07 per cent from 141,971,560 in Q4 of 2021. It added that the number of active …
Read More »Nigerian Halal Industry will meet Internationally -accepted standards,SON assures
The Standards Organisation of Nigeria has reiterated its commitment to continually drive initiatives that promote the development of Halal products standards.The Director General of SON, Mallam Farouk Salim, in a statement, said this would be done in line with internationally-accepted Standards for both domestic and foreign consumers.Salim said this at …
Read More »AfCFTA: Remove visas, reduce customs process to ease logistics
African states are facing custom delay periods due to visa issues, shortages of paved roads and loss of goods due to limited cold chains. A number of African countries have enacted visa application process rules that could take up to more than 72 hours for one to get a visa. …
Read More »Vice-President Yemi Osinbajo to deliver lecture at UPenn,US.
Vice President Yemi Osinbajo will today depart Nigeria for the United States of America where he is scheduled to deliver a Special Lecture at the University of Pennsylvania (UPenn) in Philadelphia. According to a statement by Senior Special Assistant to the President on Media and Publicity, Office of the Vice …
Read More »2023 Census may not hold as scheduled due to paucity of funds
There are indications that unless additional funds can be secured in record time,the 2023 National population and housing census may suffer another postponement. It will be recalled that earlier in March, the Minister of State for Budget and National Planning, Clem Agba, disclosed that the Federal Government planned to establish …
Read More »Zelensky congratulates Tinubu, invites him on State Visit.
The President of Ukraine, Volodymyr Zelensky, has congratulated Nigeria’s President-elect, Asiwaju Bola Tinubu, on his election victory and has invited him to Ukraine on a state visit after his inauguration .The felicitation is coming two months after the former Lagos governor was declared winner of the February 25,2023 presidential election.In …
Read More »Osinbajo decries weaponisation of ethnic and religious prejudices for Political gain
Vice-President Yemi Osinbajo has spoken out against the weaponisation of ethnic and religious prejudices and stereotypes for political gain. Osinbajo shared his insight on Monday at the maiden edition of the Policy Making and Good Governance Lecture Series of the National Institute for Policy and Strategic Studies (NIPSS) titled ‘Creating …
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