Home Topics CDB

CDB

Delta communities vow to resist alleged excesses of oil asset operator

A disagreement between the operators of the Oil Mining Lease (OML) 30; Heritage Energy Operational Services (HEOS) and its host communities is threatening production in the nation’s largest oil field.

China Bank, UBA sign $100m loan for SMEs in Africa

United Bank for Africa (UBA) and China Development Bank (CDB), the world’s largest development finance institution, has announced the signing of a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa.

Recent Stories

DisCos: Electricity market records over N1.4 trillion shortfall

Electricity Distribution Companies (DisCos) say the non review of the Multi-Year Tarrif Order (MYTO), since February 2016 had resulted in the accumulation of over N1.4trillion shortfall in the nation’s electricity market.
Professor Charles Quaker Dokubo is currently Special Adviser to The President on Niger Delta:Coordinator of the Presidential Amnesty Programme (PAP)

Amnesty: Ex-agitators hail FG over prompt payment of stipends

Ex-agitators of the Niger Delta region have hailed the Federal Government for the prompt payment of their monthly stipends.

Pharaohs of Egypt arrive Nigeria for Super Eagles tie

The delegation of seven-time African champions, Egypt, has arrived Nigeria for Tuesday’s high-profile friendly against Nigeria’s Super Eagles.
The Civil Society Legislative Advocacy Centre (CISLAC) says Nigeria loses over four trillion Naira annually in the extractive industry due to lack of laws and policies. CISLAC Director of Legal, Mr Adesina Oke, disclosed this at a stakeholders’ meeting on Sunday in Lagos.

CISLAC: Nigeria annually loses N4.4 trillion from absence of laws, policies

The Civil Society Legislative Advocacy Centre (CISLAC) says Nigeria loses over four trillion Naira annually in the extractive industry due to lack of laws and policies.

DisCos: It is no longer our responsibility to provide meters for customers

The Electricity Distribution Companies in Nigeria have said it was no longer their responsibility to provide meters for customers.