The African Development Bank (AfDB) said on Monday that it approved financing worth 70 million euros for Moroccan lender Bank of Africa, to promote access to trade finance in Africa. The AfDB said in a statement that the trade finance facility comprises a Risk Participation Agreement (RPA) of 50 million euros and a Trade Finance…
The World Bank has pledged to support the Federal Government in turning Nigerian forests to economic hubs. Malam Balarabe Lawal, Minister of Environment, disclosed this on Monday in Abuja when he hosted a World Bank team. The team was led by Ndiame Diop, World Bank Country Director for Nigeria, and Chakib Jenane, Regional Director for…
President Bola Tinubu has appointed Mr Joseph Tegbe as director-general and global liaison for the Nigeria-China strategic partnership reached by the two countries during the President’s visit in September. Tegbe, a 1988 first-class graduate in civil engineering from Obafemi Awolowo University, will report directly to the President, Mr Bayo Onanuga, the President’s Special Adviser, Information…
The Emir of the State of Qatar, Sheikh Tamim Bin Hamad Al Thani, said his country would continue to mediate for peace in Gaza, saying, the international community bears responsibility for its failure to stop the catastrophe in Gaza. The Amir of Qatar told world leaders at the UN General Assembly that after almost a…
The International Committee of the Red Cross (ICRC) has called on all stakeholders to improve efforts to ensure that various treaties of international humanitarian law are domesticated in Nigeria. Mr Rafiullah Qureshi, Deputy Head of Delegation for the ICRC in Nigeria, said this in Abuja on Tuesday during an ECOWAS annual review meeting. Qureshi called…
The Federal Government and the United Kingdom (UK) have reaffirmed their commitment to strengthening and deepening trade relations. Amb. Nura Rimi, the Permanent Secretary in the Federal Ministry of Industry, Trade and Investment, said this at the Inaugural Nigeria-UK Business Dialogue in Abuja. The News Agency of Nigeria (NAN) reports that both countries signed a…
Mrs Adwoa Kufour-Owusu, senior human rights adviser, office of the UN Resident and Humanitarian Coordinator, says journalists have pivotal roles to play in shaping public opinions and policy making. Kufour-Owusu said this at a-two-day training organised by the National Human Rights Commission (NHRC) for capacity building on human rights-based approach to migration. The event is…
There is outrage in the international art world after a man in the Italian city of Bologna destroyed a sculpture by Chinese artist Ai Weiwei. The work, “Porcelain Cube’’ was part of the ongoing exhibition Who am I at Bologna’s Palazzo Fava. On Wednesday the curator of the exhibition, Arturo Galansino, described the incident as…
King Abdullah II of Jordan has warned that the United Nations is facing an unprecedented crisis, one that threatens its legitimacy and undermines global trust in its moral authority Addressing world leaders at the UN General Assembly on Tuesday at the UN headquarters in New York, he lamented an increase in conflicts and crises globally….
Kouassi Adjoumani, Ivorian Minister of Agriculture, Rural Development and Food Production has strongly encouraged national and international investors to invest in the cashew sector in Cote d’Ivoire. The minister made the remarks at the opening of the investment forum for the cashew industry, in Abidjan. He emphasised that the annual production of cashew nuts in…
