THE African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase of the  Economic Governance and Energy Transition Support Programme. EGET-SP is an initiative aimed at accelerating the transformation of the country’s electricity infrastructure and improving access to cleaner sources of …

THE World Health Organisation (WHO) and UNICEF, have called for the improvement of breastfeeding support to reduce health inequity and protect the rights of mothers and babies to survive and thrive. The call was made in a statement on Thursday signed by Dr Tedros Ghebreyesus, WHO Director-General and Ms Catherine Russell, …

THE Federal Competition and Consumer Protection Commission (FCCPC) has issued its final regulatory order on Coca-Cola and the Nigerian Bottling Company (NBC) Ltd. A statement by the management of FCCPC in Abuja on Thursday, said the order was issued to the companies for misleading trade descriptions, unfair marketing tactics which …

THE Police Command in Kaduna State, says it has detained 13 suspected hoodlums as a fallout of the nationwide protests that commenced on Thursday. The command, therefore, vowed to be  tougher on the miscreants who hijacked the procession , vandalised government, private and police assets in the name of protests. …

THE stock market experienced a bearish start to the month, shedding N235 billion in value amid cautious investor sentiment triggered by ongoing nationwide protest. Specifically, market capitalisation reduced to N55.278 trillion from an opening of N55.513 trillion, having shed N235 billion or 0.42 per cent from investors’ portfolios. The All-Share …

  AT least three protesters were killed on Thursday in Nigeria’s Kaduna state, as demonstrations against the soaring cost of living and governance issues swept across the West African nation. Reuters reporters and eyewitnesses confirmed the fatalities during the rallies. Kaduna state police spokesperson Mansur Hassan stated that police fired tear gas …

Tanzania inaugurated a 541-km modern standard gauge railway on Thursday, connecting its administrative capital Dodoma with the commercial hub Dar es Salaam. Built by Turkish company Yapi Merkezi, this railway is part of a broader initiative to improve transport infrastructure and boost trade in the region. The launch ceremony was …

IN Cape Town, South Africa, four schoolchildren from Pinelands High School are set to face a disciplinary hearing following the circulation of a viral video showing black students being auctioned off as slaves. The video, filmed at the school and involving grade eight students, triggered widespread outrage on social media …

ETHIOPIA’S House of Peoples’ Representatives (HoPR), the lower chamber of parliament, approved $1.5bn in financial agreements with the World Bank’s International Development Association (IDA) on Wednesday. These agreements are set to bolster the country’s economic reform efforts. The financial package includes a $1bn grant and a $500 million concessional loan, …

CAMEROON has entered into a landmark $2bn agreement with Camalco, a subsidiary of the Australian-based Canyon Resources, to develop the Minim-Martap bauxite mine. This significant deal marks a pivotal step in Cameroon’s ambition to become an upper middle-income country by 2035. The contract was officially signed on Tuesday, with interim …