Author: Eberechi Constance

World Bank plans additional $750mn electrification project in Nigeria

World Bank plans additional $750mn electrification project in Nigeria   The World Bank has disclosed plans to commit additional $750 million to deepening Nigeria’s access to electricity, through the Nigeria Electrification Project (NEP). BusinessDay reports that, World Bank Director of Strategy and operations for Western Central African Region, Elizabeth Huybens,[Read More…]

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Sterling Bank Accelerates Nigeria’s EV Race With Qore

Sterling Bank Accelerates Nigeria’s EV Race With Qore Nigeria’s leading commercial bank and one of Africa’s fastest-growing companies, Sterling Bank, has changed the course of Nigeria’s energy and transportation sectors with the launch of Qore; its suite of renewable energy-powered transportation solutions. A statement by the bank said, Qore will[Read More…]

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ITF  to empower youths

ITF  to empower youths   The International Training Fund (ITF) has reaffirmed its commitment to escalate the provision of skills to youths to compete globally. Worried over the level of the youth who are migrating for greener pastures abroad, ITF said Nigeria must make the best use of them to[Read More…]

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Turkey, UK hike interest rates

Turkey, UK hike interest rates   Turkey’s central bank on Thursday delivered a large interest rate hike. This signaled a shift toward more conventional economic policies to counter sky-high inflation. It came at the bank’s closely watched first interest rate-setting meeting since Erdogan appointed two internationally respected officials to lead[Read More…]

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Hyde Energy inaugurates LPG facility

Hyde Energy inaugurates LPG facility   An indigenous energy trading company, Hyde Energy Limited, has inaugurated a new Liquefied Petroleum Gas (LPG) facility in Makurdi, the Benue State capital. The facility, with a capacity of 40MT, is expected to create jobs and boost the economy of the state, is located[Read More…]

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IATA clarifies int’l airfares in Nigeria

IATA clarifies int’l airfares in Nigeria   The global trade association of airlines : International Air Transport Association (IATA), yesterday offered clarifications on the effect of fluctuating exchange rate on international flight tickets sold in Nigeria.   The global body said air fares are not determined by it , but[Read More…]

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