African leaders highlight investment opportunities to broaden BRICS alliance

By Lucy Ogalue Some African leaders say the continent will benefit from increasing its alliance with Brazil, Russia, India, China, and South Africa (BRICS) group because of the many investment opportunities. They spoke during a BRICS Business Breakfast in Nairobi, Kenya, on the sidelines of the ongoing African Development BankContinue Reading

NNPC Ltd., ExxonMobil sign agreement on .28bn asset divestment deal

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. This is coming two years after the divestment plan was announced. The NNPC Ltd.,Continue Reading

FG receives 29 stranded Nigerians from Sudan

By Jacinta Nwachukwu The Federal Government and the International Organisation for Migration (IOM) have facilitated the safe return of 29 out of 120 Nigerians stranded in Sudan. The Federal Commissioner, National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI), Alhaji Tijani Ahmed, stated this at the reception of theContinue Reading

African leaders advocate financial architecture to tackle climate, public finance

By Lucy Ogalue African Leaders have advocated for a reform of the financial architecture that integrates climate change and public finance to liberate Africa. They spoke on Wednesday at the official opening of the ongoing 2024 African Development Bank (AfDB) Group meetings in Nairobi, Kenya. The News Agency of NigeriaContinue Reading

Experts urge Africa on private sector financing for tertiary education

By Lucy Ogalue Business Development experts have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education in order to equip the continent’s youth with competitive skills. The experts spoke at a panel discussion in Nairobi, Kenya, on the sidelines of the 2024 African Development BankContinue Reading