Reps approve Buhari’s $22.7bn loan request rejected by the 7th assembly

By our reporter| The house of representatives on Tuesday approved President Muhammadu Buhari’s request to borrow $22.7 billion. Buhari first sent the loan request to the 7th assembly under Bukola…

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Report: Why the US is targeting flamboyant Nigerian banker, Akinwumi Adesina

The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes former BBC Africa Business editor Larry Madowo. Akinwumi Adesina is…

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Nigerians to enjoy 11,000MW of electricity by 2023- Lai Mohammed

Yusuf Bello| Nigeria’s information minister, Lai Mohammed on Friday said the country will enjoy 11,000 megawatts (MW) of electricity by 2023. Nigeria’s 25 electricity generation companies (GenCos) currently generates less…

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Buhari urges developed countries to cancel Africa’s debts as they struggle with COVID-19

By our reporter| President Muhammadu Buhari on Thursday asked “developed countries” to cancel debts owed by “poor countries” to enable them recover from the impact of the COVID-19 pandemic. The…

Read More Buhari urges developed countries to cancel Africa’s debts as they struggle with COVID-19