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Sidi Ould Tah Sworn in as 9th AfDB President

Sidi Ould Tah has been sworn in as the 9th president of the African Development Bank (AfDB) Group, succeeding Akinwumi Adesina, whose 10-year tenure ended on Monday.

Nigeria, Colombia Sign MoU to Strengthen Economic Ties

Nigeria and Colombia on Monday signed a historic Memorandum of Understanding, MoU, on political consultations, marking a new phase in their diplomatic and economic relations.

Union Bank Completes Merger with Titan Trust Bank

Union Bank of Nigeria has announced the completion of its merger with Titan Trust Bank Limited.

FG Threatens to Disconnect GenCos from Power Grid

The Nigerian Electricity Regulatory Commission, has issued an order mandating all electricity generation companies connected to the grid to implement Free Governor Control across their generating units, warning that non-compliance would attract heavy penalties, including disconnection from the grid.

FG to Earn N3tn from Local Goods under ‘Nigeria First’ Policy – Minister

The Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, has said Nigeria could earn an estimated N3 trillion in the short term through a nationwide campaign promoting the patronage of locally made goods.

Dangote, Ethiopia to Build $2.5bn Fertiliser Plant

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia.