At a pivotal time when the work of the Adaptation Fund is more urgent than ever, the Fund’s resource mobilization efforts for 2025 kicked off on a positive note as Sweden stepped forward to make the first new pledge to…
Fire Engulfs Lagos Ferry Boat, Passengers Sustain Injuries
The Lagos State Ferry Services (LAGFERRY) earlier today had a fire on one of its boats, Igbega Eko, at the Ipakodo Terminal in Ikorodu. Preliminary reports indicate that the fire started at about 6.45 a.m. There were 19 passengers on…
Tinubu Committed to Affordable Housing with N100bn MOFI Real Estate Fund, says Forum
The Tinubu Stakeholders Forum (TSF) has hailed the successful raising of N100 billion by the MOFI Real Estate Investment Fund (MREIF) through its fully subscribed Series 2 issuance. In a statement signed by its Chairman, Ahmad Sajoh and Secretary, Afolabi…
Kyari Out, Ojulari In, As President Tinubu Restructures NNPCL Board, Appoints New Chairman, Group CEO
…New board to boost crude refining to 200,000 barrels by 2027, 500,000 by 2030, with investments of $30B and $60B, respectively. Nigeria’s President Bola Tinubu has removed Mele Kolo Kyari as Group CEO of national oil company, NNPC Limited, and…
India Research Conclave 2025 at AIIMS Sets the Stage for Strengthening India’s Research Ecosystem
The India Research Conclave 2025, hosted at the All India Institute of Medical Sciences (AIIMS), New Delhi, marked a significant milestone in advancing research excellence, fostering collaboration, and reinforcing research integrity in India. Powered by Springer Nature, the conclave brought…
UN-backed forum seeks to boost resilience of world’s Least Developed Countries
Policymakers, researchers, the private sector and other stakeholders are meeting in Zambia’s capital, Lusaka, over the next three days to chart a path toward sustainable development and resilience for the world’s Least Developed Countries (LDCs). The third edition of the…
Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana
Nigeria, Angola and Ghana have contributed their capital shares to the Africa Energy Bank, reinforcing its role in advancing energy finance, with key discussions set to take place at African Energy Week 2025: Invest in African Energies in Cape Town…
HEDA Sues to Halt Shell’s Onshore Asset Transfer, Citing Legal and Environmental Violations
A lawsuit has been filed at the Federal High Court in Lagos to stop the transfer of an oil mining license from Shell Petroleum Development Company Limited (SPDC) to Renaissance African Energy Company Limited. The legal action, initiated by the…
Russia’s Energy Push in Africa: What It Means for the Continent’s Future
Russia has increasingly focused on bolstering its energy partnerships with African nations, signaling a broader strategy to boost its geopolitical influence across the continent. Recent investments in Africa’s oil, gas and nuclear sectors reflect Russia’s ambitions to diversify its global…