Nigeria retains third spot among World Bank’s biggest borrowers

Nigeria has retained its position as the third largest borrower from the World Bank’s International Development Association (IDA) despite recording a slight reduction in its debt profile during the first quarter of 2026. Data obtained from the bank showed that the…

Nigeria’s total public debt to hit N160.98tn, as fresh $1.25bn World Bank loan nears approval

As a fresh World Bank loan by the federal government nears approval, the country’s total public debt profile is now projected to reach N160.98 trillion. This figure is sharp rise from the N87.38 it stood, as at the assumption of…

Covert volunteers uncover decoy terror funding schemes

Using facial recognition software, the team tracked down footage on social media showing the recruiter calling on Gazan youth to become “Soldiers of the next October 7.” This past July, a cleric from Gaza with 1 million followers on TikTok…

Trade envoy pldges stronger UK-Nigeria economic ties

Sopuruchi Onwuka The UK Trade Envoy to Nigeria, Florence Eshalomi MP, has declared the commitment of the British government to supporting Nigerian businesses as they scale globally and to ensuring our partnership delivers real, inclusive impact. Ms Eshalomi who concluded…

Africa Energy Bank: Will Nigeria miss another great opportunity?

Sopuruchi Onwuka The delay in the full funding and activation of the highly anticipated African Energy Bank (AEB) clearly falls into pattern with the inability of African countries to muster critical collaborative thrust in pushing collective agenda; it reinvents the…

New partnerships with financial sector to unlock growth in UK and overseas

Efforts to address the climate crisis and boost growth in the Global South and at home will be enhanced under a partnership approach between the government and the UK financial sector, the UK’s Minister for Development Anneliese Dodds has announced….

WAPCo feeds pig into line to start regional conduit maintenance

Sopuruchi Onwuka The West African Pipeline Company (WAPCo) Limited, on Friday, launched off its scheduled offshore line maintenance programme in a major process that will guarantee the integrity of systems that channel natural gas from Nigeria and Ghana to the…

Nneka Obi shares remarkable career journey on WIEN Woman Podcast The Women in Energy Network (WIEN) continues to empower and inspire the next generation of female leaders in the energy sector with its flagship podcast series, the WIEN Woman Podcast….

BRICS expansion draws new market pattern, away from energy transition

Sopuruchi Onwuka The selection of new members into the bloc of developing countries hosted in BRICS will not only cause name change in the group whose name is an acronym of the five founding members: Brazil, Russia, India, China and…

ACFTA: China’s $160 bn package to fund African industrialization

Sopuruchi Onwuka New race for African governments in the ongoing Chinese loan disbursements would be to advance industrial propositions that would enable flow of local goods and services in the toll free African Continental Free Trade Area (ACFTA), shifting the…