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AfDB assists TCN to modernise transmission equipment

The African Development Bank (AfDB), said on Friday in Busan, South Korea, that it was assisting the Transmission Company of Nigeria (TCN) to invest in modernisation of its transmission network to improve the energy sector of the country.

Ex-Minister Okonjo-Iweala advocates massive education of policymakers

Former Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has called for a massive education of insurance policy makers in the country to achieve deep insurance penetration among the populace.

AfDB disbursed $7.81 billion in 2017 to support African countries’ structural transformation

The African Development Bank, under the leadership of Dr. Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its Annual Report, released during the Annual Meetings in Busan, South Korea.

Emir Sanusi laments federal government’s spending of N1.4 trillion on fuel subsidy

The Emir of Kano and former governor of the Central Bank of Nigeria, CBN, Muhammadu Sanusi II, has called on the Federal Government to prioritise its expenditure, wondering what the N1.4 trillion currently spent on fuel subsidy could have brought the country in terms of infrastructure.

AfDB, UNIDO join forces to accelerate Africa’s industrialization

The African Development Bank and the United Nations Industrial Development Organization signed a Memorandum of Understanding (MoU) on Monday, May 21 to step up collaboration to boost Africa’s industrialization.

AfDB chief urges African countries to add value to their products

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, on Monday urged African countries to add value to their products in all sectors for rapid industrialisation of the continent.

AfDB to support Nigeria, others on industrial policy

The African Development Bank (AfDB) says it will support five countries with industrial policies to help boost development in the region.

China win 2018 men, women table tennis world championship

The Chinese men’s table tennis team are the 2018 Men’s Team World Champions after a comprehensive victory over Germany in the Liebherr 2018 World Team Table Tennis Championships.

Kenya’s Kenyatta wins African award for infrastructure

Kenya’s President Uhuru Kenyatta has been declared the winner of this year’s Babacar Ndiaye’s African award on transport and road infrastructure.

South, North Korea hesitate to unified football team at Asian Games

South Korea appears to be reluctant to form a unified football team with North Korea at the upcoming Asian Games, a report by the country’s new agency indicates.

North Korea’s 280-member delegation expected in South ahead of Olympics

A 280-member North Korean delegation, including cheerleaders and taekwondo demonstrators, will travel to South Korea this week ahead of the PyeongChang Winter Olympics, Seoul’s unification ministry said on Tuesday.

North Korea raises charming cheerleaders for Winter Olympics

The inclusion of an all-singing, all-dancing Olympic cheer-leading squad as a key element of the most significant diplomatic breakthrough on the Korean Peninsula in two years may, at first, seem like an odd choice for two countries who are still technically at war.

US, South Korea begin major navy drill

The United States and South Korea on Monday launched a joint naval exercise in a fresh show of force against North Korea over its growing missile and nuclear threats.

North Korea readies missile launch ahead of United States-South Korea drill

North Korea is believed to be preparing to launch a ballistic missile ahead of an upcoming joint naval drill by the US and South Korea, a news report said Saturday, citing a government source.

Hollywood mogul Harvey Weinstein being condemned by vigilantes – Oliver Stone

Oscar-winning director Oliver Stone on Friday said disgraced movie mogul Harvey Weinstein was being “condemned by a vigilante system” as people rush to pass judgement on allegations he sexually abused and raped multiple women.

BroadBand penetration to hit 30% by 2018 – NCC

The Nigerian Communications Commission (NCC) said broadband penetration which currently stands at 21 percent will meet the 30 percent target set by the National Broadband Plan of the Federal Government.

How we blocked creditor banks from taking over 9Mobile – NCC

“The NCC is assuring the investors that our doors are open and that we will do whatever we can within the regulatory mandate assigned to us to ensure that their investment is safe and secure,” he said.

With 170m people, Nigeria is a preferred investment destination in Africa

We come to the ITU Telecom World every year to tell our story, share our experiences and borrow a leaf from global best practices to address our concerns, engage and collaborate with the global community to strengthen the growth and impact of the Nigerian Telecoms Industry.

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Three killed, many injured as train crushes commercial bus in Lagos

Three persons died and many others were injured when a train hit a commercial bus at Pen Cinema railway crossing in Lagos State on Friday, authorities have confirmed.
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