GOVERNOR Rochas Okorocha may not have imagined the extent of viral and collateral damage his characteristic bravado will spiral into, when he personally supervised the closure of Abia Line loading bay at 5 Wetheral Road Owerri Imo State.

Imagine waking up one day to discover that Nigeria’s oil wells have dried up or that all her customers now produce oil or that fossil fuel is no longer to be used in order to save our planet! What does Nigeria’s future look like when this happens? How can Nigeria transition from fossil fuel to clean energy? These and more were the questions the Green Deal Nigeria (GDN) team, an initiative of the Heinrich Boll Foundation, sought to answer at a recent Press conference in Lagos to intimate the Press on what GDN is all about.

The recent $1bn Euro loan is reported to be part of the federal government’s $8bn medium term external borrowing plan, which has already received the approval of the National Assembly (NASS) and the Federal Executive Council according to the DMO’s DG, Abraham Nwankwo. Incidentally, the interest payable on the $1bn Eurobond is within the same range of 6.75% as the initial $500m Eurobond issued in 2011, and similar to rates, which distressed economies like Portugal and Greece currently pay.

Bharti Airtel (“Airtel”), a leading telecommunications services provider with operations in 20 countries across Asia and Africa, has signed a partnership Agreement with Air France which will enable customers to purchase flight tickets from the French airline via Airtel Money.

Umuchinemere Pro-credit Micro Finance Bank (UPMFB) has disbursed a total of N405, 656,100 million micro credit funds in its half year financial result, January to June, 2013.