The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State has begun operation. Leading some stakeholders and newsmen on a tour of the plant, NNPCL Group CEO, Mele Kyari, expressed delight at the level of work done that has culminated in the recommencement of operations in the refinery. In…
There is a video clip of Biodun Shobanjo on social media platforms that has since gone viral, in which he talks about his love for the contemporary music (Afrobeat, as they call it) of Burna Boy, Davido, Asake, and the rest of the gang. With that Shobanjo-esque boyish grin, he tells how shocked some of…
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down. We wish to clarify that such reports are totally false as the refinery is fully operational…
Attendees of the Factoring workshop in Egypt pose for a group photo. In pursuit of the growth and transformation of Small and Medium Enterprises (SME) across Africa, African Export-Import Bank (Afreximbank), in partnership with FCI, the largest global network of factoring companies, and the Egyptian Factoring Federation (EFF), recently played host to a two-day Workshop…
There are different ways to dissect the Kemi Badenoch controversy. My observation on the debate though, and I might be wrong about that, is that many of those who have argued that there is “nothing wrong” with Kemi Badenoch’s posture and “truths” about Nigeria, might be confusing speaking up for/to the country, which should be…
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved funding worth EUR 28 million to build solar power plants in Gassi and Lamadji, Chad. This is part of the Bank’s Desert to Power program to increase energy access across Africa. The funding includes EUR 20 million in direct support, combining a…
The Nigerian Communications Commission (NCC) today hosted a virtual Stakeholders Forum as part of its participatory rulemaking process to discuss the licensing framework for a new licence category in the Nigerian telecom sector, the Application-to-Person (A2P) Messaging Licensing Framework, which the Commission is developing. In a speech by the Executive Vice Chairman/CEO, Dr. Aminu Maida,…
The Board of Directors of the African Development Fund – the African Development Bank Group’s concessional financing window – approved a donation of $9.42 million to Madagascar to implement climate resilience through the Preservation of Biodiversity in National Parks Project. The grant, agreed on 18 December 2024 in Abidjan, comes from the Climate Action Window, a mechanism of the Fund,…
Are you dissatisfied with the services rendered by any of the Service Providers? Do you know that you have a right to seek redress? To do so, simply take the following Steps as highlighted below: First complain to your Service Provider either via the Customer Care Helpline of your Service Provider or by physically visiting…
The African Development Bank has announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund) to propel climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures. The ACV Fund will address…
