By Chinyere Joel-Nwokeoma Some stakeholders on Thursday said that Nigeria and corporates entities should reshape thoughts and actions and align future investment practices with the Environmental, Social and Governance (ESG) considerations. The stakeholders expressed the view at a workshop on: “ESG and Sustainable Finance – The Future of Investments”. TheContinue Reading
By Ikenna Uwadileke The African Export–Import Bank (Afreximbank) on Thursday in St Petersburg, Russia, announced a credit limit of 3 billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afreximbank, Dr Benedict Oramah said this at the openingContinue Reading
By Emmanuella Anokam Russian President, Vladimir Putin, says Russia will supply 50,000 tons of grains to some African countries in the next three months in its bid to ensure food security. Putin said this on Thursday while declaring the Second Russia–Africa Summit and Economic and Humanitarian Forum 2023 open inContinue Reading
By Ikenna Uwadileke The 2nd Russia-Africa Economic and Humanitarian Summit opened in St. Petersburg on Thursday with Russia seeking to diversify its cooperation in terms of long-term development with Nigeria, Africa. The News Agency of Nigeria (NAN) reports that the event taking place at Expoforum was declared open by theContinue Reading
By Salif Atojoko Russian President Vladimir Putin has said that Africa is poised to take its rightful place in the system of global economic links. Putin said this at a trilateral meeting with Mr Azali Assoumani, Chairperson of the African Union and President of the Union of the Comoros, andContinue Reading
By Olasunkanmi Onifade The Office for Strategic Preparedness and Resilience (OSPRE), in collaboration with other stakeholders have announced plans to strengthen early warning and responses to conflicts in the country. The Director General of OSPRE, Mr Chris Ngwodo, in a statement on Thursday said this at a stakeholders meeting underContinue Reading
By Chukwuemeka Opara The Akanu Ibiam Federal Polytechnic Unwana, Ebonyi, on Wednesday, embarked on staff audit to identify ghost workers in the institution. The Rector of the polytechnic, Dr Felix Attah, told the News Agency of Nigeria (NAN) after being screened that the exercise would also involve certificate verification. AttahContinue Reading
By Cecilia Ijuo Prof. Magnus Onuoha, President , Governing Council, Renewable Energy and Energy Efficiency Associations Alliance (REEEA-A), says it is time to bring an end to epileptic power supply in Nigeria. Onuoha made the call at a news conference in Abuja on Monday, while presenting a nine-point communique fromContinue Reading
By Kadiri Abdulrahman The Debt Management Office (DMO), says for Nigeria to achieve accelerated socio-economic development and debt sustainability, there is the need to improve revenue generation. According to a statement issued by the DMO, its Director-General, Patience Oniha, said this at a one-day technical roundtable on “Economic Blueprint forContinue Reading
By Emmanuella Anokam Officials of Gazprom, Russia’s energy company, said during a tour of its facilities by African journalists and experts, that the company’s production equipment were all locally sourced. Mr Alexey Mitusov, Head, Capital Building Department, Gazprom’s Combined Heat and Power Plant (CHPP), said most of the equipment usedContinue Reading
