Adewale Tinubu, CEO of Nigerian multinational energy company Oando, will discuss the company’s latest acquisition and evolution into a leading indigenous explorer at the upcoming conference Following its milestone acquisition of Italian multinational Eni’s onshore assets in Nigeria, Oando…
African Development Bank’s sovereign portfolio retains top spot in 2024 Aid Transparency Index
Bank praised for detailed publication of project objectives, impact appraisal documents, environmental studies and evaluation reports Publish What You Fund, the global campaign for aid and development transparency, has once again named the African Development Bank’s sovereign portfolio as…
Africa: Konrad-Adenauer-Stiftung Joins Critical Minerals Africa (CMA) 2024 as Strategic Partner
The increasing demand of critical minerals for the global energy transition presents African countries with an opportunity to address environmental governance challenges and accelerate infrastructure development and economic growth through export revenues and global market cooperation. Furthermore, the development and…
Nigeria to be Net Exporter of Petroleum Products by December 2024
Nigeria concludes plans to become net exporter of petroleum products by end of 2024
Adaora Umeoji emphasizes Zenith Bank’s strong financial metrics, projecting over N1 trillion profit mark in 2024
Zenith Bank Plc, Nigeria’s foremost financial institution, recently hosted its Capital Markets Day to underscore its commitment to sustainability amidst its recapitalization drive. The event convened key stakeholders and highlighted the bank’s growth trajectory, strategic goals, market performance, and longstanding…
Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina
Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive…
From 20 to 7.5: Dangote, NNPC in Stalemate Over Refinery Equity Share – IPO on the Horizon
In a surprising twist to the Dangote Refinery saga, disclosures have been made that the supposed 20percent equity investment by NNPCL in the Refinery is actually 7.5percent. This disclosure was made by Aliko Dangote himself at a media briefing earlier…
Climate activists pour paint on Tesla Cybertruck in Hamburg
Climate activists have doused one of US carmaker Tesla’s Cybertrucks with orange paint at the Tesla Centre in the Wandsbek district of the northern German port city of Hamburg, police confirmed on Saturday morning. According to the activists from the Last…
Floods, hailstones cause havoc in southern Germany
A major storm caused flooded roads and cellars and traffic obstructions due to fallen trees in the southern German state of Bavaria on Friday evening. According to a police spokesman in the city of Kempten, south-west of Munich, roads were…
LG Autonomy: Fenrad welcomes Supreme court verdict as victory for grassroots governance and accountability
The Foundation for Environmental Rights, Advocacy and Development (FENRAD) have expressed its wholehearted support on the recent landmark decision by the Supreme Court of Nigeria barring state governors from holding and spending Local Government Area (LGA) funds. According to the…