Nigerian foreign debt hits N6.76trn in Q2 –NBS
The National Bureau of Statistics (NBS) has said Nigeria’s foreign debt stood at N6.76trillion ($22.08 billion) as at second quarter ended June 30, 2018.
The apex statistical agency in its latest report said ‘Nigerian domestic and foreign debt’...
FG Seeks One-year Extension Of World Bank’s $160m Job Creation Fund
Following its inability to disburse $160m job creation funding provided by the World Bank, the Federal Government has sought for 12 months extension to enable it to fully implement the project known as Growth...
Nigeria May Lose $80m World Bank Job Creation Grant
There were indications on Tuesday that Nigeria might lose more than $80m in World Bank funding meant for strengthening the capacity of the country’s Small and Medium-scale Enterprises to create jobs.
The PUNCH’s investigation showed that squabbles...
A Call for Urban Farming for City Dwellers
By Wardah Abbas
As I fiddle with the keyboard, I begin to recall the journey that nurtured my love for gardening. I was raised in a household that cherished in-house farming and mini-orchards. My mother particularly took great...
Electricity Price down by 6%
There has been a reduction in the retail price of electricity by 6 per cent, subsequently cushioning 3.6 million users in Kenya.
Kenya’s Energy Regulatory Commission (ERC) announced the reduction.
According to ERC, the overall unit cost of power will reduce from...
World Bank Energy Financing In Nigeria, Others Increase By $7.7bn
The World Bank has stated that it has exceeded its financing target in new energy for Nigeria and other developing countries. In its latest report, the bank stated that 32.1 per cent of its financing...
