Nigeria has “accidentally” discovered 206 trillion cubic feet of gas reserves while in search of crude oil, minister of state for petroleum resources, Timipre Sylva has said. Sylva, who disclosed…
Read More Nigeria accidentally discovered 206trn cubic feet gas reserves, says Petroleum minister
By our reporter| The African Development Bank (AfDB), will spend an additional $2 billion to support infrastructure development to boost the African Continental Free Trade Area (AfCFTA) over the next…
Read More AfDB to spend $2bn on AfCFTA infrastructure projects in two years, says Adesina
By our reporter| Nigeria is a poor but potentially rich country, the director-general of the budget office of the federation, Ben Akabueze has said. According to him, Nigeria’s current situation…
Read More Nigeria is poor but potentially a rich country, says Akabueze
The World Bank says Nigeria can generate more than N600 billion annually by increasing excise duties on tobacco and alcohol as recommended in its Nigeria development update (NDU) report. Rajul…
Read More Nigeria can earn N600bn from tobacco, alcohol tax increase, says World Bank
By our reporter| Africa needs to start producing and not beg for COVID-19 vaccines, Akinwumi Adesina, president of the African Development Bank (AFDB) said on Wednesday. Adesina who stated this…
Read More Africa should be producing, not begging for COVID vaccines, Says Adesina