Global public debt hits $97trn in 2023 – UNCTAD
Said the report: “The number of African countries with debt-to-GDP rations above 60 percent has increased from 6 to 27 between 2013 and 2023.
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Korea Pledges $14bn Export Financing For Korean Companies in Africa
Adesina also highlighted the deep relationship between Korea and the Bank, starting from 1982 when Korea became a member of the Bank.
Benedict Peters’ Bravura Holdings Launches Zimbabwe’s First World-class Lithium Facility
The lithium facility with the capacity to process over five million tons of ore annually, is set to position Zimbabwe as a formidable player in the global lithium market.
High Commissioner of the Republic of Kenya Visit LCCI
L-R: the Director- General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona; High Commission of the Republic of Kenya, Abuja, Nigeria, Isaac Keen Parashina; and the President, LCCI, Mr. Gabriel Idahosa, during a courtesy visit of the High Commissioner of the Republic of Kenya to the Leadership of LCCI to Strengthen bilateral relations…
Meet Premium Breadmakers Association’s New Leadership
The newly elected President urges the Exco to be committed and dedicated to the growth and prosperity of the breadmaking industry in Nigeria.
IFC Availing MSMEs $4bn New Financing Throu Banks, Non-bank Lenders
▪︎Makhtar Diop, Managing Director of the International Finance Corporation (IFC)
Credit for increasing tax revenue should go to President Tinubu—-FIRS Chairman
By Lucy Ekpeyoung Zacch Adedeji is the Chairman of the Federal Inland Revenue Service (FIRS). In this interview , he shares insights into the reforms carried out at the agency under his leadership, the praises being lavished on the agency for growing the domestic tax revenue, the new customer-focused approach to tax administration, among others….
SUVs Account for 20% carbon emissions – IEA Report
▪︎SUV jeep. Image credit: Newsweek.com Sports Utility Vehicles (SUVs) account for 20 per cent of carbon dioxide (CO2) emissions globally. The report, by the International Energy Agency (IEA) Analysts Mathilde Huismans, and Jules Sery, said SUVs weigh 200-300 kg more than an average medium-sized car and typically take up nearly 0.3 m2 more space – emitting…
NASENI Opens CNG Conversion Center In Abuja
Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), today, joined President Bola Ahmed Tinubu, represented by the Senate President, Chief Godswill Akpabio, along with other esteemed dignitaries, commissioned the NASENI All-in-One CNG reverse-engineering, training, filling, and conversion center at Utako, Abuja.
Court Grants Erisco’s Product Reviewer N5mn Bail
A Federal High Court in Abuja, today, granted bail to Chioma Okoli in the sum of N5 million with two sureties. Chioma Okoli was previously arrested and detained in September 2023 over her review of a tomato product manufactured by Erisco Foods Limited. Okoli was arraigned on Tuesday, May 28, 2024 before Hon. Justice Peter…