MfB, stakeholders adopt 11-point climate finance action plan 

MfB, stakeholders adopt 11-point climate finance action plan 

By Juliet Umeh  Stakeholders at the Sustainable Finance Conference 2.0 have adopted a 11-point action plan to advance climate-resilient and inclusive finance in Nigeria’s microfinance sector. The conference, convened by LAPO Microfinance Bank Limited in Lagos, brought together regulators, microfinance banks, development partners, private sector players and researchers to discuss financing solutions for climate resilience […]
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PDP Leadership Crisis: Reconciliation yes; APC appendage no — Turaki-led NWC

PDP Leadership Crisis: Reconciliation yes; APC appendage no — Turaki-led NWC

By Luminous Jannamike ABUJA — The Kabiru Turaki-led National Working Committee of the Peoples Democratic Party, PDP, says it is open to reconciliation in the party’s leadership dispute but warns the process must not turn the opposition into an appendage of the ruling All Progressives Congress, APC. The position follows advice by the Court of […]

Senate approves 2025 Statutory Budget of N1.7 trillion for NDDC

Senate approves 2025 Statutory Budget of N1.7 trillion for NDDC

By Henry Umoru The Senate has approved the 2025 Statutory Budget of the Niger Delta Development Commission, NDDC, in the sum of N1,750,923,400,137.15 as expenditure. The breakdown shows Personnel Expenditure at N47,567,421,121; Overhead Expenditure at N49,929,253,117; Internal Capital Expenditure at N22,357,552,302; and Development Projects at N1,631,069,173,597. The approval on Wednesday was sequel to the presentation […]

Senate upholds ICPC’s mandate, rejects motion to suspend project tracking

Senate upholds ICPC’s mandate, rejects motion to suspend project tracking

By Henry Umoru ABUJA — The Senate has affirmed the statutory mandate of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to track national projects, rejecting a motion seeking to suspend its ongoing monitoring exercise. The motion, moved by Senator Orji Uzor Kalu (APC, Abia North) during plenary on Wednesday, raised concerns regarding […]