By Lucy Ogalue Dr Akinwunmi Adesina, Group President, African Development Bank (AfDB), says infrastructure development remain critical for the effective transformation of Africa. Adesina told newsmen on the sidelines of the ongoing AfDB Annual General Meeting 2024 on Tuesday in Nairobi that infrastructure were the backbone of Africa’s transformation. TheContinue Reading
By Martha Agas Nigeria has been operating a monocultural economy for decades since the discovery of oil in 1956, relying on it to fund its development. The result is that other sectors of the economy would not receive the needed attention for their growth, posing a worrying obstacle to economicContinue Reading
By Rukayat Adeyemi Wema Bank, on Tuesday, said it is set to raise N200 billion capital within the 24-month timeline issued by the Central Bank of Nigeria (CBN). Mr Moruf Oseni, Wema Bank Managing Director/Chief Executive Officer, said this at the 2023 Annual General Meeting (AGM) of the bank inContinue Reading
By Lucy Ogalue African stakeholders say human capital development is critical in accelerating growth of the continent. They said this on Tuesday on the sidelines of the ongoing African Development Bank (AfDB) Group Annual Meetings in Nairobi. The News Agency of Nigeria (NAN) reports that the theme of the meetingContinue Reading
By Lucy Ogalue Dr Akinwunmi Adesina, the President, African Development Bank (AfDB) Group, says Africa will drive global agenda on renewable energy and green transitions. Adesina said this at a media conference in Nairobi, on the sidelines of the ongoing AfDB Annual Meetings 2024. The News Agency of Nigeria (NAN)Continue Reading
Tinubu’s credit scheme will promote growth of auto sector- NADDC By Lucy Ogalue The Federal Government’s Credit Scheme aimed at ensuring the affordability and availability of locally assembled vehicles will enhance the growth of Nigeria’s Automotive Council, Mr Joseph Osanipin said. Osanipin, the Director-General, National Automotive Design and Development CouncilContinue Reading
Driving Change: NADDC’s bold steps in powering Nigeria’s automotive future By Lucy Ogalue The National Automotive Design and Development Council (NADDC) has highlighted its various initiatives to revolutionise the Nigerian automotive industry. The Director-General of NADDC, Mr Joseph Osanipin, said this in an interview with the News Agency ofContinue Reading
Automotive Council commends Tinubu’s vision for auto industry By Lucy Ogalue As President Bola Tinubu marks one year in office, the impact of his leadership is evident, especially in the country’s automotive industry. Mr Joseph Osanipin, the Director-General, National Automotive Design and Development Council (NADDC), said this in anContinue Reading
FG’s auto strategy attracting investments to Nigeria- NADDC boss By Lucy Ogalue The Federal Government has proactively attracted foreign investments to the Nigerian automotive industry. Mr Joseph Osanipin, the Director-General, National Automotive Design and Development (NADDC), said this in an interview with the News Agency of Nigeria (NAN) inContinue Reading
Nigeria’s automotive sector eyes growth with CNG, electric vehicles By Lucy Ogalue The Nigerian automotive industry is gearing up for a significant transformation with focus on Compressed Natural Gas (CNG) and Electric Vehicles (EVs). The Director-General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, told theContinue Reading
