— says Nigeria businesses lose $26 billion to power outages, annuallyThe World Bank has announced its approval of a $750 million loan under an International Development Association (IDA) credit for the country’s power sector, June 24,2020. The World Bank’s Board of Directors said they gave the approval “to improve the reliability of electricity supply, achieve […]Continue Reading
Governor Seyi Makinde of Oyo State has flagged off his administration’s N1 billion Micro, Small and Medium Enterprises (MSME) Development Fund, Friday, June 19.Said Makinde:” This injection of funds into Small and Medium scale enterprises is part of our Post-COVID-19 Economic Recovery Plan.” “We are executing this intervention through the Oyo State Investment and Continue Reading
The Federal Government has announced the offer of 157 marginal oil fields to investors. The Department For Petroleum Resources, DPR made the announcement on Monday, June 1,2020. Although the 2020 Marginal bidding round had been on the cards of the Buhari Administration since the beginning of the year, the unexpected spread mid-February, of the covid-19 […]Continue Reading
… TETFUND, Olawuyi, Ashaolu SAN, Gani Adams, Shagaya Foundation, others donate By Demola Akinlabi ,photo editor Kwara State Government has commended the Nigeria National Petroleum Corporation (NNPC) for donating one new Toyota ambulance to the state as part of its own corporate efforts to strengthen national response to the COVID-19 pandemic. “We acknowledge receipt of Continue Reading
By Demola Akinlabi, photo editor The Lafiagi Sugar Plantation located in Lafiagi, Kwara State has been granted a certificate of occupancy in respect of the land for its plantation. The Kwara State Governor, AbdulRahman AbdulRasaq in a short ceremony at Government House, Ilorin Tuesday ,May 26,2020 formally handed over the Certificate of Occupancy to Labaran […]Continue Reading
France has ratified a law ending the use of CFA Francs in West Africa says a spokeswoman for the French government, Sibeth Ndiaye, and quoted by AFP, May 21. “It was during an official visit to Ivory Coast in December 2019 that they (President Macron and French West African leaders) announced a historic reform of […]Continue Reading