The President of the African Development Bank, Akinwumi Adesina, has said that non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth are undermining African economic potential. According to a statement from the bank on Wednesday, Adesina said this at the Semafor Africa Summit, taking place on theContinue Reading
The United States has underscored the significant challenge of overcrowding in Nigerian prisons. In its ‘2023 Country Reports on Human Rights Practices: Nigeria,’ published on its website on Tuesday, the US noted that numerous correctional facilities were grappling with a staggering 50 per cent increase in the number of inmatesContinue Reading
The Economic Community of West African States and the African Union have emphasised the imperative of a unified regional approach to tackle the evolving security challenges and unconstitutional change of government across Africa. This stance was articulated during the inaugural joint consultation between the AU Peace and Security Council andContinue Reading
The Governor of Delta State, Sheriff Oborevwori, on Wednesday, inaugurated a committee to see to the resettlement of the displaced people of Okuama community in Ughelli South Local Government Area of the state. The Internally Displaced Persons Management Committee is to bring succour to the people, the governor said. ResidentsContinue Reading
The Kaduna State Ministry of Finance is expected to forward to the state House of Assembly today (Thursday) all documents pertaining to the loans taken during the eight-year administration of the immediate-past governor, Nasir El-Rufai. The Assembly, in a letter with reference number LEG/S. 382/VOL. II/615, directed the Commissioner forContinue Reading
On the invitation of the Prime Minister of the Kingdom of the Netherlands, Mark Rutte, President Bola Tinubu will on Tuesday, April 23, depart Abuja for the Netherlands on an official visit. “While in the Netherlands, the President will participate in the Nigerian-Dutch Business and Investment Forum that will bringContinue Reading
The Presidency on Monday called for a multi-stakeholder approach in ongoing efforts to combat malnutrition in Nigeria, saying improved nutrition is crucial for national development and economic growth. Deputy Chief of Staff to the President, Ibrahim Hadejia, made the call on Monday during a press conference ahead of a high-levelContinue Reading
A Lagos State-based businessman, Suraj Oyewale, has organised a football match among his X (formerly Twitter) followers after bants about his football club being a team of electricians and carpenters. Oyewale, on Saturday, featured in a football match which was organised by a marketing agency, Dynasty Africa, between Instagram andContinue Reading
By Deborah Musa A Federal Capital Territory High Court, Apo on Monday, adjourned till May 15 to rule on the preliminary objection of a former Minister of Power and Steel, Dr Olu Agunloye. The Economic and Financial Crimes Commission is prosecuting Agunloye on a seven-count- charge. The seven-count charge borderedContinue Reading
The Nigerian Electricity Regulatory Commission has ordered the transfer of regulatory oversight of the electricity market in Enugu State to the Enugu State Electricity Regulatory Commission. This was according to a statement on the commission’s website, on Monday. The transfer, according to the commission, complied with the amended Constitution ofContinue Reading
