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Dangote plans $10bn power investment across Nigeria, Africa

By Okeagu Oluchi President of Dangote Group, Aliko Dangote, has announced plans to invest more than $10 billion in Africa’s power sector over the next three to four years, describing electricity as critical to the continent’s economic transformation. Dangote disclosed this in an interview with Al Jazeera uploaded on Monday, saying the investment would support […]

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NSIA unveils  $300m Renewable Energy Fund

By Emma Ujah, Abuja Bureau Chief The Nigeria Sovereign Investment Authority, (NSIA) has launched the $300 million Nigeria Distributed Renewable Energy (DRE) Fund, a new investment vehicle designed to accelerate private-sector investment in renewable energy and expand electricity access to underserved communities and businesses across the country. The Fund, which reached its commercial launch milestone […]

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Currency outside banks rises 119% as banks’ reserves up 79%

Peter Egwuatu Currency outside banks in Nigeria more than doubled in three years, rising by 119.3 per cent between August 2023 and August 2026, according to the Central Bank of Nigeria, CBN’s Money and Credit Statistics. The amount of currency outside the banking system increased to N4.874 trillion in August 2026, from N2.223 trillion in […]

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NDC set to inaugurate presidential campaign as Obi, Kwankwaso secure say on key appointments

Nigeria Democratic Congress (NDC) said on Monday it is in advanced consultations to constitute and inaugurate a Presidential Campaign Council, with presidential candidate Peter Obi and running mate Rabiu Musa Kwankwaso given a free hand to nominate most of the council’s principal officers.

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Soludo’s wife empowers rehabilitated mentally ill persons in Anambra

By Vincent Ujumadu AWKA — Rehabilitated mentally ill persons at the Anambra Rehabilitation Home, Nteje, in Oyi Local Government Area, have been empowered by the wife of the state governor, Mrs Nonye Soludo. The beneficiaries, who were certified medically fit to return home, underwent training in various skills to prepare them for meaningful and productive […]

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UNGA: Tinubu must tell Nigerians why he’s avoiding US – OK Movement

The OK Movement, a political platform established to mobilise support for the joint ticket of the Nigeria Democratic Congress presidential candidate, Peter Obi, and his running mate, Dr Rabiu Kwankwaso has urged President Bola Tinubu to tell Nigerians why he decided to avoid the United Nations

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Mexico joins countries banning cell phones in schools

Mexico said Monday it is banning cell phones in elementary and secondary schools, joining countries around the world in trying to help kids focus on learning, rather than be glued to social media. Under a rule taking effect in November, students will be barred from using mobile phones in class or during recess, except in […]

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