AFRICA

Uganda Turns To Islamic Development Bank for $295m Loan Amid World Bank Stalemate

Uganda has secured a $295 million loan from Saudi Arabia's Islamic Development Bank for infrastructural projects.

7 months ago

Emefiele Challenges Jurisdiction of Lagos Court to Hear Case, Pushes for Dismissal

Ex-CBN Governor Emefiele's counsel argued that the court lacks jurisdiction over charges, citing constitutional provisions on abuse of office.

7 months ago

Nigeria Needs $10bn Annual Imvestment To Ensure Uninterrupted Power Supply, Says Minister Adelabu

Minister Adelabu said for uninterrupted power supply, the sector needs $10bn annually for infrastructure, which is currently beyond government's means.

7 months ago

AfDB Announces $538m Partnership With IsDB, IFAD For Agro-industrial Zones Development in Nigeria

AfDB boss Adesina hinted that the IsDB committed $7 billion in support of Africa’s self-sufficiency goal in food production.

7 months ago

Nigeria’s Mineral Reserves Valued at $750bn, Says Alake, Pushes For Local Processing To Boost Economy 

Minister Alake says the mining sector has the potential to contribute a large part of Nigeria's trillion-dollar economy goal.

7 months ago

‘Local, Global Threat’: Social Media Now A National Security Priority, Says Nigeria’s NSA Ribadu  

Nigeria's NSA Ribadu warns of social media's misuse and urges a strategic communication overhaul to counter disinformation.

7 months ago

NUPRC Offers 17 Blocks for Sale in Fresh Oilfields Bid Round

NUPRC has begun processes for the 2024 oil bid round with 12 oil blocks and five deep offshore assets for…

7 months ago

Explosion From Concealed Bomb Kills Five In Northern Kenya, Injuring Five More

EXCERPT: In Northern Kenya, five people were killed and five more injured by a bomb hidden on a donkey cart.…

7 months ago

UN Urges South Sudan To Lift Taxes Blocking Critical Food Airdrops

The United Nations has urged South Sudan to remove the taxes that have led to the suspension of food airdrops.

7 months ago

Youthful Population Will Transform Nigeria Into Digital Economy Powerhouse, Says Tinubu 

Represented by VP Shettima at IDA Summit, Tinubu said Nigeria is set to harness the potential of its youthful population.

7 months ago