Economy
Nigerian Electrification Project gets AfDB $350m facility
Minister of Power, Adebayo Adelabu, has said that the African Development Bank (AfDB) will provide $250 million to support the Nigerian Electrification Project. Adelabu said this in a statement shared on his X (formerly known as Twitter) on Thursday.
He said the assistance underscored the fruitful outcome of a productive bilateralcCooperation meeting held at the ongoing “Just Energy Transition and Agricultural Transformation for Africa” conference in Busan, South Korea. The gathering, presided over by AfDB President, Dr. Akinwumi Adesina, brought together key stakeholders to discuss pivotal energy and agricultural transformations for the African continent.
-
Economy2 days agoNigeria Sovereign Investment Authority announces winners of $275,000 prize for innovation
-
Finance2 days agoAirtel Money reports 25% growth in first-half revenue in maiden results
-
Economy2 days agoFG targets single-digit inflation by end-2027 to unlock cheaper borrowing— Oyedele
-
News2 days agoEFCC arrests 14 Chinese nationals in Nigeria for operating illegal lithium processing plants
-
Maritime2 days agoNIMASA, ITF signs MOU on Seafarer wellbeing, MoU First in Africa—ITF
-
Oil and Gas2 days agoHoneywell Technologies launches new AI platform at Dangote’s Nigeria refinery
-
Finance22 hours agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
Oil and Gas23 hours agoBayelsa suspends oil firm’s land acquisition over fatal community dispute