The Oba of Benin, Oba Ewuare II, has been admonished to revisit the purported suspension of the Enogie of Ehor and other Enigies by the Benin Traditional Council (TRC). The appeal was made by a prominent cleric and Presiding Bishop of Macedonia Call Global Assembly, Dr. Osaren Enokpae. The clergyman pleaded with the Benin monarch […]Read More
EVANSTON, Ill., USA (10 Apr. 2025) — Nigerian Rotary member and philanthropist Sir Emeka Offor has committed US$5 million through the Sir Emeka Offor Foundation (SEOF) to The Rotary Foundation to expand and strengthen its initiative aimed at reducing maternal and neonatal mortality in high-need areas of Nigeria. “Helping mothers and babies survive and thrive is […]Read More
Artificial intelligence (AI) has the potential to transform the energy sector in the coming decade, driving a surge in electricity demand from data centres around the world while also unlocking significant opportunities to cut costs, enhance competitiveness and reduce emissions, according to a major news report from the IEA. The IEA’s special report Energy and AI, out […]Read More
SWEDEN: On Tuesday, the Swedish government opened a trade office in Lagos to serve as a bridge for Swedish companies to invest in Nigeria and build relationships between the two countries. In his remarks, Minister of Budget and Economic Planning, Senator Abubakar Bagudu, highlighted Nigeria’s absorptive capacity and impressive returns on investment in various sectors […]Read More
… describes Gov. Otu as “action- driven, accountable leader” AfDB: The President of the African Development Bank, Dr. Akinwumi Adesina, has pledged substantial investment support for Cross River State’s health and agriculture sectors. Speaking during a state banquet organized in his honor, Dr. Adesina outlined bold plans to support primary healthcare delivery in addition to […]Read More
Three Americans convicted for their role in a failed coup in Democratic Republic of Congo last year have been sent home to the US to serve the rest of their jail terms. The three were originally sentenced to death by a military court before their sentences were commuted to life in prison last week. US […]Read More
REFORMS: The Central Bank of Nigeria (CBN) has announced a balance of payments (BOP) surplus of $6.83 billion for the 2024 financial year, a significant reversal from a deficit of $3.34 billion in 2023 and $3.32 billion in 2022. The Acting Director of Corporate Communications, Sidi-Ali Hakama, shared this information in a statement released on […]Read More
NNPC: The decision of the Nigerian National Petroleum Company Limited to suspend crude supply to the Dangote and other refineries affected the output of the Organisation of the Petroleum Exporting Countries in March. A Reuters survey found that OPEC oil output fell in March as Nigeria curbed deliveries to domestic refineries. In March, supply from […]Read More
In a significant move aimed at accelerating Nigeria’s digital economy, Egbin Power, Nigeria’s leading power generation company, has been identified as the ideal location to host the nation’s first National Data Park and Compute Infrastructure. The Hon Minister for Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this announcement during his visit to the […]Read More
NISO: The Federal Government on Tuesday formally inaugurated the board and management of the Nigerian Independent System Operator, NISO, marking the official unbundling of the Transmission Company of Nigeria, TCN, into two separate entities. Following the new structure, the Transmission Service Provider, TSP, will oversee TCN’s physical infrastructure, including transmission towers, power lines, and substations. […]Read More
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