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Prof. Folasade Ogunsola, the Deputy Vice-Chancellor, Development Services, University of Lagos, says more than 600 million people in Africa lack access to electricity.

600 million people lack access to electricity in Africa – Unilag deputy vice-chancellor

Prof. Folasade Ogunsola, the Deputy Vice-Chancellor, Development Services, University of Lagos, says more than 600 million people in Africa lack access to electricity.
South African Visa

South Africa announces visa waivers to boost tourism

South Africa on Thursday announced visa waivers for four countries in a bid to boost tourism amid an economic crisis and falling visitor numbers.

Oil prices fall on weak economic data from Europe, China

Oil prices fell on Wednesday on weak economic data from China and Europe and a rise in U.S. crude inventories, almost erasing the previous session’s sharp gains after the U.S. said it would delay tariffs on some Chinese products.
Bitrus Nabasu

Nigeria moves to develop national leather policy

Nigeria has resolved to formulate plans to develop a National Leather Product Policy to boost its Gross Domestic Product.
Adesegun Akin-Olugbade

Nigerian appointed first African member of World Trade Board

Dr Adesegun Akin-Olugbade, an international legal and finance expert, has been appointed as a member of the World Trade Board.
The Cote D’ivoire Ambassador to Nigeria, Her Excellency Toure nee Kone Maman has said solicited the collaboration of the Executive Secretary of the Nigerian Christian Pilgrim Commission in harnessing the Christian Holy Sites in her country.

Cote d’Ivoire: Why we should strengthen relations with Nigeria

The Ambassador of Cote d’Ivoire to Nigeria, Mrs Toure Maman, has called for deeper economic cooperation with Nigeria to strengthen trade relations between the two countries.
Vice President Yemi Osinbajo stated this at the end of a four week-training for 1500 youths who participated in the N-Creative programme held in Benin.

Economic growth: Nigeria to invest in creative industry – VP Osinbajo

The Federal Government has promised to invest in the animation industry and other creative sectors to make jobs available for youths, boost GDP, and achieve economic growth.

EdoJobs, ITF to commence free training on welding, furniture making, others

The Edo State Skills Development Agency (EdoJobs) in partnership with the Industrial Training Fund (ITF) has concluded plans to commence free capacity building programmes in welding and fabrication, furniture-making, auto-gele and beauty care, interlocking blocks production, among others across various locations in Edo State.

Oando records six per cent increase in turnover

The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.

Fitch downgrades South Africa’s credit rating

Ratings agency Fitch downgraded the outlook for South Africa’s sub-investment credit rating on Friday, citing fiscal pressures including increased support for struggling state firms such as the power utility Eskom.
Dr Gloria Obioh, Head of Department of Environmental Biotechnology and Bio- conservation Department, National Biotechnology Development Agency (NABDA) stated this in an interview with newsmen.

Federal government set to deploy biogas for power generation

The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.
Chief Solomon Ogbonna, President, Ohanaeze Ndigbo of Lagos 1

Ohanaeze: Speaking indigenous languages will end tribal conflict

Mr Solomon Ogbonna, the President, Ohaneze Ndi Igbo, Lagos chapter, on Thursday said encouraging individuals to speak the three major indigenous languages would end tribal conflict in Nigeria.
NIMASA

Stakeholders concerned over 10% growth projection for maritime industry

Maritime stakeholders have listed some measures that would be required to achieve 10 per cent growth in the sector as projected by the Nigerian Maritime Administration and Safety Agency, NIMASA.

House of Reps commends President Buhari for signing ACFTA

The House of Representatives has commended President Muhammadu Buhari for signing the African Continental Free Trade Agreement (ACFTA).

Stakeholders urges federal government to invest in family planning to curb population explosion

As Nigeria celebrates the 2019 World Population Day, critical stakeholders in the health sector have urged the federal government to invest in family planning programmes that can help stem the tide of the negative impact of unbridled population explosion on the country resources and stability.
Debt Management Office (DMO)

Nigeria’s total debt stock rises to N24.9 trillion in first quarter of 2019

Nigeria’s total public debt rose to N24.947 trillion as at March 31, from N24.387 trillion as at December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office (DMO) said.
The National Council on Privatisation (NCP) on Tuesday declared Transcorp Power Consortium as the winner of the financial bid for the privatisation of Afam Power Plc.

Gencos: African trade agreement will boost electricity generation, supply

The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) Agreement signed last Sunday in Niamey, Niger Republic. by all heads of government of the African Union will boost power generation and supply in the continent.
South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.

South Africa’s Cyril Ramaphosa lauds launch of African free trade agreement

President Cyril Ramaphosa on Tuesday lauded the launch of the Africa Continental Free Trade Area Agreement (AfCFTA), saying the agreement will catapult the economies of many African countries onto a higher growth trajectory.

Recent Stories

Flying Eagles star Valentine Ozornwafor will be sent on a season-long loan by Galatasaray after he completes his signing this summer.

Valentine Ozornwafor set to join Almeria on loan from Galatasaray

Nigeria defender Valentine Ozornwafor is set to join Spanish Segunda B side, Almeria on loan from Turkish champions, Galatasaray for the 2019/2020 season.
BBNaija

Quarrel in #BBNaija house turns into birthday party — video

It was a moment of confusion for some Big Brother Naija housemates in the early hours of Thursday as Frodd and Sir Dee engaged in an intense quarrel which eventually turned out to be a birthday prank on Esther.

New minister urged to save National Youth Council

President of National Youth Council of Nigeria, NYCN, Mr. Bello Bala Shagari, has expressed confidence that the new Minister of Youths and Sports Development, Mr. Sunday Dare, would save the NYCN from what he described as political interference.
Liam Hemsworth has pulled the trigger on his divorce from Miley Cyrus, meaning that their love is officially, at long last, dead.

Liam Hemsworth files for divorce from Miley Cyrus

E! News has confirmed that the Hunger Games actor has filed for divorce from “Mother’s Daughter” singer, citing “irreconcilable differences” as the reason for the breakup. The court documents, obtained by E! News, state that Hemsworth is not asking for spousal support.
Jose Mourinho has reacted to Barcelona 4-0 defeat against Liverpool in the Champions League semi-final at the Anfield on Tuesday evening.

VAR: Only thieves complain of security cameras – Jose Mourinho

Former Manchester United manager Jose Mourinho has weighed in on the controversial Video Assistant Referee (VAR) that was introduced into the Premier League this season, saying that only thieves complain of security cameras.