African Development Bank Group has announced the appointment of Wambui Gichuri as Acting Vice President (Agriculture, Human and Social Development) effective July 5.
Wambui joined the African Development Bank Group in 2018 as Director, Water Development and Sanitation. She currently oversees the bank’s water sector programme of over $ 4.5...
By Tobiloba Kolawole
We couldn’t have forgotten so soon how Ebola, Zika, and Severe Acute Respiratory Syndrome (SARS) viruses have in recent years ravaged the world’s social-economic settings.
More than we could ever imagine, with thousands of people dead including many business and institutional deaths, the year 2020 will remain a...
After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries.
Kariya Energy would pursue profitable small-scale Liquefied Natural Gas (LNG) projects across Africa,...
President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption.
President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines...
The Federal Government has banned Emirates Airlines from operating flights into Nigeria, in line with its aviation policy of reciprocity over the rejection of Nigerians by some countries due to the novel Coronavirus (COVID-19) regulations and protocols.
This was disclosed by the Minister of Aviation, Hadi Sirika, on his Twitter...
The Central Bank of Nigeria (CBN) Wednesday demanded statutory powers from the Nigerian Senate to enable freeze bank accounts that are linked to criminal suspects.
This demand was made on behalf of CBN by the Director, Legal Services, Mr Kofo Salam-Alade, who appeared before a Senate Committee Hearing for a...
Idowu Sowunmi
President Muhammadu Buhari Tuesday said Nigeria would stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB).
The President stated this at State House in Abuja, while hosting Adesina on a courtesy visit.
According to him, “In 2015, when you...
The Central Bank of Nigeria says it will now sanction banks involved in delaying disbursement of Anchor Borrower’s Program funds to farmers.
The apex bank gave the threat when the Director of Development Finance, Mr. Yusuf Yila spoke at a stakeholders’ meeting involving Anchor, Processors, Commodity Associations and Banks.
Yila disclosed...
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed; Access Bank’s Group Chief Executive Officer, Herbert Wigwe; Governor, Central Bank of Seychelles, Caroline Abel; former Chief Executive Officer of Agusto & Co., Vivien Shobo; among others have emerged winners of the 2020 Edition of the African Banker Awards...
The management of Bristow Helicopters Limited has terminated the appointment of no fewer than 100 pilots.
Bristow Helicopters, in a statement on Tuesday, said those sacked comprised both Nigerian nationals and expatriates working with the company.
It explained that the decision to sack the pilots was due to the severe impact...