Buhari Embarks on 10-day Private Visit to United Kingdom

By Adedapo Adesanya  The International Finance Corporation (IFC) has announced a collaboration with Allied Climate Partners (ACP) that will help create a pipeline of viable climate investments in emerging markets including Southeast Asia, Africa, the Caribbean and Central America, and India. ACP’s new platform is backed by philanthropic capital and designed to mobilize investment in climate-related projects in emerging economies to create significant environmental, economic, and social impact. In a statement seen by Business Post, the parties said the collaboration with IFC will provide advisory and structuring support, technical assistance, and sustainability and impact-management support as needed to help bring

The federal government has expressed its readiness to intensify efforts toward Nigeria’s 3.14 million hectares of irrigation systems to boost food production in the country. Minister of Water Resources and Sanitation,  Mr Joseph Terlumun Utsev, disclosed this at the ongoing 5-day National Workshop of the Nigerian National Committee on Irrigation and Drainage (NINCID ) themed The Role of Irrigation and Drainage Practices for Food Security in Nigeria in Kano. The Minister who gave this assurance also reiterated that the government is committed to ensuring adequate water supply to homes,  industries, and for agriculture purposes nationwide. The Minister, who was represented

By Adedapo Adesanya The President of the African Export-Import Bank (Afreximbank), Professor Benedict Oramah, has been recognised with the Forbes Africa magazine 2023 Person of The Year award. At a well-attended award ceremony in Cairo, which also included the unveiling of the cover for Forbes Africa’s December 2023/January 2024 edition featuring Mr Oramah as cover personality, Mr Rakesh Wahi, Forbes Africa Founder and Publisher, and Ms Roberta Naicker, Managing Director, said that the award recognised the stellar accomplishments of leading Africans contributing to the development of the continent. “With a career spanning three decades at Afreximbank, Prof. Benedict Oramah is

By Adedapo Adesanya President Bola Ahmed Tinubu on Tuesday ordered an investigation after the army acknowledged one of its drones accidentally struck Tudun Biri village as residents were celebrating a Muslim festival. The army did not give any casualty figures, but residents claimed 85 of them, who were mainly women and children, died in the attack, which has sparked public outrage. On its part, Amnesty International’s Nigeria office said 120 people were killed in the attack, citing reports of its workers and volunteers in the area. But the North-West zonal spokesperson of the National Emergency Management Agency (NEMA), Mrs Halima

By Dipo Olowookere On Thursday, April 30, 2020, shareholders of Access Bank Plc will receive a dividend of 40 kobo for every unit of the company’s stocks in their portfolio. This is the decision of the board of directors. The board also said the payment would only be made to those whose names appear on the register of member as at the close of business on Tuesday, April 14, 2020. The lender, which released its earnings for the year ended December 31, 2019 to the Nigerian Stock Exchange (NSE) on Friday, stated that the dividend payment is subject to deduction

By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the African Local Content Investment Forum (ALCIF) in Lagos on March 7, 2022. This was disclosed by the Executive Secretary of the Board, Mr Simbi Wabote in a statement, on Saturday in Abuja. He said the event will foster sustainable funding of African oil and gas projects, noting that the current energy transition agenda was posing new challenges to Africa. Mr Wabote said the forum would also provide a platform for African leaders in the oil and gas industry, financial sector, regulators, and regional bodies

By Adedapo Adesanya All the 18 local government areas in Edo State have been won by the Peoples Democratic Party (PDP), cementing its top position in the politics of the state. The polls were held last Saturday. According to results released by the state independent electoral commission, the party that produced the governor of the state, Mr Godwin Obaseki, defeated oppositions, including those of the All Progressives Congress (APC) and the Labour Party (LP). The election was held in all 18 local government areas of the state covering Edo North, Edo Central and Edo South senatorial districts. The election for

By Adedapo Adesanya The Institute of Chartered Accountants of Nigeria (ICAN) and the Bank of Industry (BOI) have strategically inaugurated an ICAN-BOI Tech Hub that will promote job creation, entrepreneurship and skill development in the technology space. This was the central point of the tech hub inaugurated on Tuesday at the ICAN annexe office in Lagos which will ensure that members of the institute and the public can access the necessary skills and competencies required to become job creators and productive contributors in today’s tech-savvy world. According to the Managing Director of BOI, Mr Olukayode Pitan, the project was necessary,

By Adedapo Adesanya The Nigeria Labour Congres (NLC) has embarked on a two-day warning strike in protest against the federal government’s failure to address the challenges caused by the removal of fuel subsidies. Last week, Business Post reported that the NLC President, Mr Joe Ajaero, said the strike would pause activities for two days of the industrial action. President Bola Tinubu announced in his inaugural speech on May 29 that “fuel subsidy is gone“, which has since led to fuel prices as much as tripling nationwide and a rising cost of living. The labour union is accusing the Tinubu-led government

By Modupe Gbadeyanka The conversion exercise for 1,572 officials of the various Ministries, Departments and Agencies (MDAs) in the Oyo State civil service will conclude on Monday, October 11, 2021. Business Post reports that the conversion process started on Thursday, September 30, 2021, and it is taking place at the headquarters of the state’s Civil Service Commission in Ibadan, the state capital. A statement signed by the Chairman, Oyo State Civil Service Commission, Mr Kamoru Abíọ́dún Adéríbigbé, disclosed that the exercise followed the approval of the state governor, Mr Seyi Makinde. He said in order to identify the best hands,

By Modupe Gbadeyanka Citation, the seventh movie of a Nigerian filmmaker, Kunle Afolayan, will be released to a global audience on the popular video streaming platform, Netflix, on Friday, November 6. The flick features an array of stars including Jimmy Jean Louis, Sadiq Daba, Mrs Ibukun Awosika, Temi Otedola, Ini Edo, Gabriel Afolayan, Seun Kuti, Toyin Ogundeji, amongst others. Citation, shot in Nigeria, Senegal and Cape Verde and written by Tunde Babalola, centres around a female postgraduate student who has to find a way of dealing with the incidence of sexual harassment from a popular male lecturer. Last Saturday, the

By Modupe Gbadeyanka On Sunday, October 29, 2023, the race for the sharing of N12.5 million by the top 3 contestants of the fifth edition of the InterswitchSPAK National Science Competition commenced. A total of 81 secondary school students are competing for the crown of the best Science, Technology, Engineering, and Mathematics (STEM) students in Nigeria. The first prize winner will receive a whooping sum of N7.5 million worth of scholarships for five years, a laptop, and monthly stipends. The second-place winner will receive N4 million in scholarships for three years, a laptop, and monthly stipends, while the third-place winner