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Chamber Tasks African OPEC, Non-OPEC Members On Energy Poverty

As the global oil producers convened today in Vienna, Austria for the 177th OPEC meeting to discuss about and take decisions on issues that would guide the future of the global hydrocarbon resources industry,  the African Energy Chamber  has urged African OPEC and non-OPEC members at the meeting to commit to the Declaration of Cooperation […]

Environment Latest News Sanitation & Hygiene Matters Water

NBS To Commence Nationwide WASH-NORM Survey From November 24

The National Bureau of Statistics (NBS), in collaboration with the Federal Ministry of Water Resources and UNICEF, will this Sunday, November 24, flag off a WASH – NORM Survey in Nigeria to collect latest information on improved water access, the percentage of Nigerians who are involved in open defecation, and general sanitation practices. The WASH […]

Environment Latest News National Assembly Power/Electricity Science 'n' Technology Technology

Senate Tasks FG On Nuclear Regulatory Authority’s Repositioning

The Senate has urged the Federal Government to re-position the Nigerian Nuclear Regulatory Authority with a view to ensuring safety, security safeguards and physical protection of nuclear materials, including hazardous wastes in Nigeria. Similarly, the upper chamber also charged the executive arm of government to re-engineer and recognize the Nigerian Atomic Energy Commission, while calling […]

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FG Vows To Control Antimicrobial Usage For Human, Ecological Security

Apparently concerned about the health risks abusive use of drugs pose to animal, human and the environment, the Federal Government on Wednesday restated its commitment towards strengthening policies on the regulation of the usage of antimicrobial in the country. The Permanent Secretary Federal Ministry of Agriculture and Rural Development (FMARD), Dr. Mohammed Bello Umar, gave […]

Economy News Extra Environment Latest News National Assembly Oil & Gas

Senate Confirms 15 NDDC Board Nominees, Rejects One

The Senate on Tuesday confirmed 15 out of the sixteen nominees forwarded by President Muhammadu Buhari to the National Assembly for confirmation as board members of the Niger Delta Development Commission (NDDC). The nominees confirmed by the Senate include Dr. Pius Odubu (Edo), Chairman; Bernard Okumagba (Delta), Managing Director; Engr. Otobong Ndem (Akwa-Ibom), Executive Director […]

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AfDB Constitutes Interim Board For Climate Change Financing Initiative

The African Development Bank (AfDB) on Friday announced the appointment of a group of renowned experts to the board of the Adaptation Benefits Mechanism (ABM), a continental initiative being undertaken to mobilize financing for resilience to the negative impacts of climate change. The bank stated that it established the interim executive board of the ABM on […]

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ARC, UNCCD Sign Pact On Funding Tools To Tackle Africa’s Drought Crisis

The Africa Risk Capacity (ARC) and the United Nations Convention to Combat Desertification (UNCCD) have announced plans to work together to support the development of financial tools to help Africa adapt to and become resilient to future drought and other extreme weather conditions. The partnership was marked by the signing of a Memorandum of Understanding […]

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AfDB Commissions Coalition For Africa’s Climate Funds

The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF) on Monday commissioned the Coalition for Green Capital to prepare a study on the creation of national climate change funds and green banks in Africa. The CGC will identify and work with six African countries to conduct feasibility studies for the project, […]

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DMO Lists Series II N15Bn Green Bond On NSE

The Debt Management Office (DMO) on Monday officially listed the Federal Government of Nigeria’s (FGN) Series II N15 billion Green Bond on the Nigerian Stock Exchange (NSE). The NSE, while announcing the listing, stated that the 7-year Green bond issued at coupon rate of 14.50% on June 13, 2019 would mature on June 13, 2026. […]

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AfDB Approves $500,000 Grant For Nigeria’s Sustainable Energy Projects

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB), has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF) The NEAF is a new private equity fund developed by All On, a Nigerian impact investment company financed by Shell Petroleum Development Company, […]