By Alimi Micheal The Director-General for the West Africa Region of the African Development Bank (AfDB), Lamin Barrow, has announced that the bank’s total financing approvals in Nigeria have reached $10.9 billion.  He made this announcement during the Second Interactive Session and Workshop on Developing Bankable Business Proposals and Business …

By Taiwo Niyi The Federal Government has initiated efforts to bridge the gap between Aliko Dangote, Chairman of Dangote Group, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This intervention, led by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, involved a high-level meeting with …

By Funmi Ojo The Federal Government has assured Nigerians of its commitment to the prudent utilisation of the proposed N6.2 trillion additional budgetary expenditure, which is aimed at stimulating the economy through various infrastructural projects. Minister of Budget and National Planning, Senator Atiku Bagudu, provided this assurance while addressing the …

By Funmi Ojo  Abuja Electricity Distribution Company (AEDC) has announced the appointment of Engr. Chijioke Okwuokenye as its new Acting Managing Director, effective immediately. Okwuokenye, who previously served as the company’s Chief Operating Officer, is now tasked with leading AEDC’s transformation into a customer-focused energy distribution firm. In a statement, …