Tolulopeayowunmiehuwa

  Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing to $17.1bn as of September 30, 2024. According to the World Bank’s latest financial statements for the fiscal year up to September 2024, Nigeria’s debt to the IDA rose by $600m in three months from $16.5bn recorded in June 2024. The PUNCH earlier reported that there was a 14.4 per cent increase between the figure for June 2024 and the $14.3bn recorded in June 2023. The fiscal year, which ran from July 2023 to June 2024, saw the country receiving an additional $2.2bn in loans. For the first time, Nigeria rose to the top three IDA borrowers in June 2024, moving from its previous fourth position in 2023. So far, Nigeria has maintained this third-largest debtor position, receiving a total of $2.8bn from the World Bank’s IDA during Bola Tinubu’s administration. Bangladesh and Pakistan occupy the first and second positions, with d...

  The Anambra State Government House, Lodge, and ancillary structures are approaching completion, signifying a major achievement for the state, which has lacked a befitting government house and lodge since its inception on 27th August 1991, thus positioning the current governor, Prof Charles Chukwuma Soludo , as a trailblazer whose legacy will endure for generation. 👇 https://www.youtube.com/watch?v=Czw50cAjx6Y ( Quote ) ( Report ) 11 Likes ( Like ) 1 Share ( Share ) Re: New Anambra State Government House On Final Stages (Video, Photos) by Bestmanfornow : 1:59pm On Nov 18 Anambra state investment summit 2024 that Soludo’s government signs 10 Memorandum of Understanding with development partners at the Second edition of the Anambra investment summit They are: 1: Development of Agro Land by National Agricultural Land Development Authority (NALDA) 2: Development of Independent Power Plants (IPPs) by Genesis Energy and VFD Energy 3: Gas Reticulation Project by Ax...

  Wema Bank Announces Grand Finale of Hackaholics 5.0: To Reward Winners With ₦75 Million Worth of Prizes Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has announced the grand finale of the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. Set to hold on November 27th, 2024 in Lagos under the theme, “ Meta Idea: Catalyzing Africa’s Growth Through Innovation, ” the grand finale will bring together the brightest innovators from universities and tech communities across the country. These innovators will pitch their Digi-Tech solutions designed to solve real-world problems and contribute to Africa’s economic and social progress. The event promises to be the culmination of months of intensive competition, collaboration, and mentorship, providing a platform for youth-led tech ideas to reach new heights. Announcing the date of the grand finale, Moruf Oseni, MD/CEO of We...

  STATE HOUSE PRESS STATEMENT PRESIDENT TINUBU APPROVES RESTRUCTURING OF MEDIA AND COMMUNICATIONS TEAM President Bola Tinubu has re-designated the positions of two recently appointed officials in the State House media and communications team to enhance efficiency within the government's communication machinery. The restructuring is as follows: 1.Mr. Sunday Dare – hitherto Special Adviser on Public Communication and National Orientation is now Special Adviser, Media and Public Communications. 2. Mr. Daniel Bwala – announced last week as Special Adviser, Media and Public Communication, is now Special Adviser Policy Communication . These appointments, along with the existing role of Special Adviser, Information and Strategy, underscore that there is no single individual spokesperson for the Presidency. Instead, all the three Special Advisers will collectively serve as spokespersons for the government. This approach aims to ensure effective and consistent communication of g...

  MTN Nigeria has appointed Yahaya Ibrahim as its new Chief Technical Officer (CTO), and Onyinye Ikenna-Emeka as Chief Marketing Officer effective Monday, October 14, 2024. Yahaya Ibrahim, who joined MTN in 2002, played a pivotal role in deploying Nigeria’s first 4G and 5G networks, positioning MTN as a leader in cutting-edge technology. As General Manager of Network Implementation in 2015, he oversaw the rollout of more than 37,000 kilometers of fiber optic infrastructure. Ibrahim holds a Bachelor’s degree in Statistics from the University of Abuja and a Master’s degree in Telecommunications from Birmingham City University. He has also completed executive management programs at Lagos Business School and Harvard Business School. Onyinye Ikenna-Emeka, who replaces Adia Sohwo as CMO, began her career at MTN in 2001 as a Corporate Sales Executive. She has held several leadership roles, including: Senior Manager, Corporate Account (2008-2011); General Manager, Enterprise...

 FOR years, Nigeria has become a vault of abandoned projects, big and small. The abandoned projects scattered across Nigeria have exacerbated the country’s chequered infrastructure development trajectory. Contrary to the lofty promises accompanying many of the now-abandoned projects, the remains are monuments of shame and wasted resources. This is a testament to Nigeria’s perennial underdevelopment. The Chartered Institute of Project Managers of Nigeria says the total value of abandoned projects in Nigeria is N17 trillion. This is obvious. The CIPMN registrar, Henry Mbadiwe, listed poor project planning, poor budgetary allocation, an inefficient legal system, corruption, and weak institutions as reasons for this. A committee set up by former President Goodluck Jonathan in 2011 said that about 63 per cent of the projects initiated after Nigeria’s independence had been abandoned. The committee uncovered that the Federal Government abandoned 11,866 projects. The Nigerian ...

  Baltasar Engonga, the Director General of the National Financial Investigation Agency in Equatorial Guinea, has been arrested following a shocking revelation of over 400 sextapes reportedly involving the wives of prominent figures in the country, News360 Nigeria obtains report. Engonga, 54, came under investigation for fraud, leading to an unannounced search of his residence and office, where officials discovered numerous CDs containing recordings of his alleged sexual encounters. The tapes reportedly feature encounters with high-profile individuals, including relatives and wives of government officials, such as the sister of the President, the wife of the Director General of Police, and spouses of approximately 20 ministers. Local media outlet Ahora EG revealed that the recordings were reportedly made with consent, but their recent leak has caused a media uproar, marking one of the most scandalous revelations in Equatorial Guinea’s history. The former ANIF DG bett...