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A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

World Bank: Lower oil demand may persist beyond 2021

It stated that while metal and agricultural commodities had recouped their losses from the COVID-19 pandemic and were expected to make modest gains in 2021, energy prices, despite some recovery, were expected to stabilise below pre-pandemic levels next year.
Botswana plans to add more 600 megawatts (MW) of solar and coal-fired power in the next six years as the country looks to wean itself off imports while also eyeing power exports, the minerals and energy minister said on Monday.

Botswana plans to add 600 MW of coal-fired and solar power by 2026

Botswana plans to add more 600 megawatts (MW) of solar and coal-fired power in the next six years as the country looks to wean itself off imports while also eyeing power exports, the minerals and energy minister said on Monday

SON destroys N450 million substandard LPG cylinders, roofing sheets

Its Director, Inspectorate and Compliance Directorate, Obiora Manafa, said at the destruction of the products in Lagos, that the affected commodities were classified as life-endangering and unfit for consumption.
South Africa grocery retailer, Shoprite, has announced that it is considering selling all or parts of its Nigerian operations to yet to be named investors.

South Africa retailers feel pain from virus pandemic

South Africa's retail industry is feeling the pain from the coronavirus pandemic on two fronts -- store closures during lockdown and the sharply reduced purchasing power of households.
The Minister of Power, Mr Saleh Mamman, has assured Nigerians that effective metering will tackle the challenges of liquidity and energy theft in the power sector.

Minister directs officials, TCN to restore electricity to Igala land

The Minister of Power, Mr Sale Mamman, has directed officials of the Ministry of Power and the Transmission Company of Nigeria (TCN) to resolve the intractable power problem in Igala Kingdom of Kogi.
Nigerian President Muhammadu Buhari signs the revised 2020 budget in Abuja, Nigeria July 10, 2020. Nigeria Presidency-Handout via REUTERS

Nigeria hopes gold mining reforms can bring in $500 million a year

Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes and create 250,000 jobs, President Muhammadu Buhari said on Thursday.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Economy contracted in May

Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36 months of consecutive growth.

NIMMME: How Nigeria can generate $292 billion with Iron Ore, lead reserves

The Nigerian Institution of Metallurgical Mining and Materials Engineers (NIMMME) has said with available reserves of Iron Ore and lead, asides other resources, the nation can generate $292 billion.
Niger State, the former breadbasket of Nigeria, is commonly known as a resource-rich territory and mining area. [Martin Zinggl|Al Jazeera]

Group tasks government on developing mining sector

Mr Ayo Adeyemo, the National Chairman, Nigerian Institution of Metallurgical, Mining and Materials Engineers, says the Federal Government can generate $280 billion dollars from the country’s iron ore reserves.
North Korea flag

North Korea says nuclear talks with US break down, blames Washington

North Korea’s top nuclear envoy on Saturday said talks with the US in Stockholm had broken down, blaming Washington for bringing “nothing to the negotiation table” at the meeting, which came after months of stalemate.
President Muhammadu Buhari in his goodwill message to the Esogban by the Senior Special Assistant on Media and Publicity, Mallam Garba Shehu, joined members of Edebiri family, friends and well-wishes in celebrating an important and respected son of Bini Kingdom’s rich culture and heritage.

ZBM tasks President Buhari on South East Infrastructure

One of President Muhammadu Buhari’s support groups in the South-East, the Zikist-Buharist-Movement, ZBM, has urged the President to show more commitment in addressing the infrastructure deficiencies of the South-East.

Central bank’s PMI report shows rise in employment

The Central Bank of Nigeria (CBN) Purchasing Managers Index (PMI) report for July shows employment level index on the rise for the 27th consecutive month.
Nasarawa State Governor, Abdullahi A. Sule

Nasarawa government to build 100mw coal plant

Gov. Abdullahi Sule of Nasarawa State has promised to utilise the coal deposit in Obi Local Government Area to build a 100-megawatt electricity power plant.
Senate President Ahmad Lawan presiding over the second plenary of the 9th Senate having been inaugurated on Tuesday, the 11th Of June, 20198

Senate seeks Nigeria’s status on extended continental shelf

The Senate yesterday invited the United Nations Resident Team in Nigeria and the Nigeria Boundary Commission to brief it on the status of Nigeria’s claim of extended continental shelf.
Gbenga Ogunbote

Enugu Rangers hire caretaker manager as Gbenga Ogunbote exits club

Nigeria Professional Football League (NPFL) side Enugu Rangers have announced Benedict Ugwu as their new caretaker head coach following the exit of former manager Gbenga Ogunbote from the club.
Miners at work in a mine shaft. AFP

Nine miners die in Zimbabwe blasts

At least nine miners died in Zimbabwe following blasts in a shaft north of the capital Harare where they were illegally digging for gold, police said on Tuesday.

Agriculturist urges Nigerians to embrace agriculture

Mr Jerry Ossai, an agriculturist, has stressed the need for Nigerians to embrace agriculture as one of the ways of bailing the country out of its economic challenges.

MFM’s Ugonna Aniekwe relishes NPFL debut against Rangers

Mountain of Fire and Miracle Ministries (MFM FC) defender, Ugonna Felix Aniekwe, is still basking from the Euphoria of his Nigeria Professional Football League debut against Rangers.

Recent Stories

Nollywood actress, Genevieve Nnaji, has enjoined the Feminist Coalition not to stop receiving donations supporting the #EndSARS protesters.

#EndSARS: Nollywood actress urges Feminist Coalition not to stop accepting donations

Recall that the group, which has been providing administrative support and fundraising for the group had said it would no longer accept donations for the campaign, which seeks an end to police brutality and the disbandment of the police’s tactical special units – SARS and SWAT. Their decision followed President Buhari’s Thursday night’s national broadcast which asked protesters to get off the streets as violence and anarchy reigned.
Veteran Nollywood actress, Omotola Jalade-Ekeinde, has asked families who lost their relatives during the Lekki tollgate incident to speak up.

#EndSARS: Let those who lost relatives at Lekki toll plaza speak up – Omotola

Veteran Nollywood actress, Omotola Jalade-Ekeinde, has asked families who lost their relatives during the Lekki tollgate incident to speak up.
Gov. Ben Ayade of Cross River has directed applicants for the 8,000 automatic jobs to enlist through their respective village heads.

#EndSARS: Cross River governor declares 24-hour curfew

According to a statement signed by the Special Adviser Media and Publicity to the governor, Christian Ita, the curfew followed “the hijacking of the peaceful protest against police brutality in the state by hoodlums.”

Joe Okei-Odumakin urges government to address citizens’ grievances

Dr Joe Okei-Odumakin, President, Women Arise and Centre for Change, on Friday urged all tiers of government to urgently implement policies that would address the grievances of citizens.
Leftist leader Luis Arce has won a smashing victory in Bolivia’s presidential election, a final official vote count released on Friday shows, providing vindication for the Movement Towards Socialism (MAS) party of overthrown President Evo Morales.

Luis Arce secures big victory in Bolivia election

The result, which was a vindication to Evo Morales’s MAS party, also gave majorities in both houses of Congress.