With this acquisition, Fidelity Bank is able to birth a new pan-African financial institution capable of providing correspondent banking and offshore banking services to banks in Africa African Export-Import Bank has announced the disbursement of a US$40-million Intra-African Investment…
Nigeria to Dispose Five Power Plants at $1.15 Billion: Set to Announce Bid Winners
In a bid to improve the electric power sector, Nigeria has now reached the final stage of its plan to sell five key power plants at a cost of $1.15 billion, with the bid winners soon to be announced. The…
Minimum Wage: HEDA Urges FG to Prioritize Nigerian Workers’ Welfare, Slams Governors for Rejecting Proposed Wage
The Human and Environmental Development Agenda (HEDA Resource Centre) has urged the Federal Government to prioritize the welfare of Nigerian workers in the ongoing minimum wage negotiations. The current economic realities make the proposed wage of #62,000 by the federal…
Africa: Kaeso Talks Balancing Operational Excellence with Decarbonization Ahead of African Energy Week (AEW) 2024
Global oil demand is projected to grow 10% by 2028 and 16% by 2045. For African service providers, this presents an opportunity to support operational excellence across oil and gas projects while promoting low-carbon solutions. Africa’s premier event – African…
Minister lauds NCDMB, Nedogas strategic partnership
..lists benefits of gas gathering facility Ekperikpe Ekpo, minister of State for Petroleum Resources (Gas), has lauded the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic…
We Must take Proactive Measures to Address Land Degradation – LASG
… As State Celebrates 2024 World Environment Day Lagos State Government at the weekend reiterated the necessity for all residents to take proactive measures to address land degradation and enhance resilience to drought. The Commissioner for the Environment and Water…
FENRAD / CSDEVNET; WORLD ENVIRONMENT DAY 2024; “The land is ours to restore, and not degrade”
By Comrade Nelson Nnanna Nwafor As the world marks the World Environment Day on June 5, 2024, the Foundation for Environmental Rights, Advocacy and Development, FENRAD, a human and environmental rights-focused group based in Abia State and climiate Sustainable…
Technical Solutions Exist, but Policies Are Urgently Needed to Tackle Growing Emissions from Buildings
Reducing greenhouse gas emissions from urban buildings was the central focus of the third Global Dialogue and Investment-focused Event held under the Mitigation Work Programme from May 27 to 29, 2024, in Bonn. These dialogues, initiated at the COP27 UN…
First Dialogue on Just Transition Addresses Challenges and Advocates for Global Cooperation
The inaugural Dialogue under the United Arab Emirates’ Just Transition Work Programme convened in Bonn, Germany, from June 2 to 3, 2024. Opening speakers stressed the necessity of comprehensive, inclusive, equitable, and just approaches to a sustainable future. The Dialogue…
NCF and Partners Advocate for Ocean Conservation on World Oceans Day
Dr. Joseph Onoja, Director-General of the Nigerian Conservation Foundation (NCF), along with the Lekan Bakare Foundation, called for sustainable action and greater passion for ocean conservation during a beach clean-up at Elegushi Beach, Lekki, marking World Oceans Day. The 2024…