Nigeria power intervention fund insufficient
14 March 2017 | 11:49 am
Since the approval of the N701 billion by the Federal Executive Council to improve power supply, various stakeholders have expressed concerns on the sufficiency of the fund.
31 Oct 2020
Forbes Africa goes behind the scenes for our October edition celebrating 60 years of Nigerian Independence. Our October issue profiles NIGERIA’S NEW TYCOONS, those remarkable entrepreneurs leveraging technology to help Africa leapfrog years of economic stagnation and missed opportunities to build a new rising Africa. This month we celebrate three such tycoons, Fara Ashiru Jituboh, Iyin Aboyeji and Obi Ozor.
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
52 mins ago
Authorities shut down internet and restricted gatherings in the western Indian town after a widely-circulated video showed two men slitting a tailor's throat. It comes amid widespread religious tensions in India.
52 mins ago
At the summit in Spain, leaders say they want to send a message to Russia, as NATO chief Jens Stoltenberg says Moscow's war in Ukraine presents the "biggest challenge" in the alliance's history.
2 hours ago
Migration has become the major option of survival for many Nigerian youths. Many reasons have been argued to be the cause for youth migration abroad. One of such reasons is the extreme rate of poverty. And as poverty keeps biting hard on the population, Nigerians especially the youths tend to seek various creative means to go in search of greener pastures abroad. Guardian TV was out to speak with young Nigerians on why migration is an option.
2 hours ago
Every year, some 10,000 low-paid migrant labourers return home to southeast Asia from the Gulf in body bags. Half of these deaths are unexplained, and with no labour laws in place — nor any will from home nations to investigate — the cycle of exploitation continues unabated. These figures are estimates published in a report from the NGO FairSquare. As summer begins, more and more of these vulnerable workers are succumbing to heat-related illnesses. For more, we speak to Nicholas McGeehan, Director of FairSquare Research and Projects.
2 hours ago
With a verdict expected today, the French press is taking a look back at the past 10 months of the November 2015 Paris terror attacks trial. We also discuss bombshell testimony in the January 6 Capitol riot hearings, France's new National Assembly speaker and a French media strike. Finally, we find out why double-shampooing is a no-no in Italy.
1 day ago
It's the first time Xi has made a trip outside mainland China since the start of the coronavirus pandemic. The visit is expected to showcase Beijing's control over Hong Kong after a political crackdown crushed dissent.