The African Development Bank (AfDB) yesterday at the ongoing World Economic Forum in Abuja urged Nigeria, Kenya and South Africa to synergise and drive inclusive growth in the continent. Prof. Mthuli Ncube, AfDB Chief Economist, made the call as a panelist on the topic, “Driving Competitiveness through Cooperation, integration and Economic growth”.

Some world business leaders, heads of governments and international investors from Africa, Asia, Europe, U.S. on Wednesday arrived Abuja, Nigeria’s capital for the World Economic Forum (WEF) on Africa. The delegations from Asia are from Japan, South Korea, Malaysia and India.

The Nigerian Electricity Regulatory Commission, NERC, has clarified why industries and homes in the country are still having acute power shortage more than six months after government handed over to new investors in the power sector.

Transnational Corporation of Nigeria (Transcorp) Plc, Nigerian shareholders, and the Nigerian National Petroleum Corporation (NNPC), have signed a production sharing contract for the exploration and production of OPL 281, under which Transcorp committed to a work programme to prove and develop an estimated 104 million barrels of oil reserves, an additional 335 million barrels of probable reserves, and approximately 4 trillion cubic feet (tcf) of natural gas reserves.

THE National Pension Commission, PenCom, has said that every police officer will, in line with section 11(2) of the Pension Reform Act, PRA, 2004, be at liberty to transfer to another Pension Fund Administrator, PFA, of his/her choice as soon as the transfer window is opened by the Commission