Nigeria Assures Businesses of Protection in Africa Free Trade Nigeria would protect the interest of businesses in the new African Continental Free Trade Area (AfCFTA) agreements, the Foreign Affairs Minister, Mr. Geoffrey Onyeama, has said. Onyeama told newsmen after a meeting with a cross section of...

Nigeria Power Generation to hit 100,000mw by 2030 The Energy Commission of Nigeria (ECN) has predicted a growth of up to 100,000 megawatts power generation in the country by 2030. Prof. Eli Bala, the ECN’s Director-General, disclosed this in a chat with newsmen in Abuja. Bala said...

World Bank Begins Preparation Towards Nigeria’s $500m Power Distribution Project     The World Bank has commenced preparations for the $500m Nigerian Electricity Distribution Improvement Project. It was learnt that the bank had conducted a fact-finding mission in the distribution sub-sector of the industry in order to ascertain...

Nigeria Exits Recession and Looks Beyond Oil-IMF Nigeria’s economy is picking up according to International Monetary Fund’s (IMF) latest economic review. According to IMF, growth hit 0.8 percent in 2017 after contracting by 1.6 percent in 2016. The report attributes the increase—in part—to the recent...

World Bank Group Launches World Development Report on Education in Nigeria The World Bank Group, the Federal Ministry of Finance and the Federal Ministry of Education in synergy have co-launched the World Development Report (WDR) 2018: ‘Learning to Realize Education’s Promise’ at the International Conference...

UNDP Trains Over 150 in Entrepreneurship Skills in North-East Nigeria Following a series of workshops conducted in the three most affected States by the Boko Haram crisis, over 150 youths, women and men have been trained in various entrepreneurship skills, competences and behaviours that will...