By Tony Obiechina, Abuja The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy (“RIPLE”). The transformative initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain. With RIPLE, NSIA is positioned to expand energy access, enhance energy efficiency and ensure energy security. The launch of RIPLE is accompanied by the execution of a strategic partnership agreement that seeks to further redefine Nigeria’s energy landscape with the multilateral finance group – International Finance Corporation (“IFC”) – signals a joint commitment to advance renewable energy developments. The…
Author: Prompt News Online
By Obaloluwa Joshua, LAGOS Asisat Oshoala has been named winner of UEFA Women’s Champions League Goal of the Week award. Oshoala’s spectacular goal in Barcelona Femeni’s 5-0 spanking of Portuguese outfit, Benfica was overwhelming voted by the fans. The 29-year-old was introduced just after the hour mark in the encounter. The Nigerian striker scored with her first touch of the game. Oshoala volleyed home a superb bicycle-kick from inside the box. READ ALSO: She also won same award on matchday one last season. Barcelona won the UEFA Women’s Champions League for second time last season.
By Harry Awurumibe, Editor, Abuja Bureau Honour has once again come to an emerging African sports management expert, Nigeria’s Dr. Christian Ifeanyichukwu Emeruwa as he has today (Friday) in the University of York St John England, United Kingdom, joined others to celebrate his graduation of MBA, Leadership and Management. In an exclusive chat with Prompt News, Emeruwa who is the Head/ Founder, Safety and Security Department of Confederation of African Football (CAF) revealed that “today in the City of York, United Kingdom in the University of York St. John England, I joined other graduates to mark and celebrate my graduation of…
Pioneer and successful players in startup businesses have unanimously advised that success could only come in the way of upcoming entrepreneurs through passion and perseverance than the desire to get rich quick. They gave the advice on Thursday at the breakout session on the WorldStage Economic Summit 2023 held at the event centre of the Nigerian Exchange, Lagos themed “The Game Changer.” Moderated by the Editor-in-Chief of Global Financial Digest, Mr. Mayowa Oludare, guest speakers that took turns to share their experiences and address issues that were critical factors in understanding and running startup businesses to succeed were Mr. Tim Akano, CEO,…
By Harry Awurumibe, Editor, Abuja Bureau In continued policy somersaults that have come to characterize his administration, President Bola Ahmed Tinubu has announced the cancellation of the automatic deduction of 40 per cent from federal universities’ Internally Generated Revenue (IGR). According to TheNiche, the Minister of Education, Tahir Mamman, conveyed the president’s decision during his speech at the 75th Founder’s Day ceremony of the University of Ibadan (UI) on Friday, November 17. In October, the Ministry of Finance notified academic institutions nationwide of its plan to automatically deduct 40 per cent from their IGR. The move was widely condemned, especially…
By Tony Obiechina, Abuja A Catholic Priest, Very Reverend Father Ogah Oche Emmanuel has called on all sons and daughters of Edumoga land in Benue State to subject themselves to both economic and cultural orientation to rebuild the community. The charismatic clergyman who is the parish Priest in charge of St Peter Claver Catholic Church, Olanyega, in Okpokwu Local government Area of the State made the call in his keynote address at the ongoing centenary celebration of Edumoga chiefdom and annual cultural Festival. Father Ogah who also doubles as the National Chaplain of St. Mathew Edumoga Catholic Community, noted that…
The Commissioner For Insurance and Chief Executive Officer of the National Insurance Commission, NAICOM Mr. Sunday Thomas has enjoined federal and state governments to make adequate provisions for insurance of public buildings under construction in their respective annual budgets. He said these categories of insurance are made compulsory by extant insurance laws in Nigeria and, thus, must be complied with by all. According to Thomas, Section 64 of the Insurance Act 2003 makes it mandatory for individuals, governments and corporate organisations that undertake the construction of any building above two (2) floors to procure a builder’s liability insurance policy (building…
The Independent National Electoral Commission has presented certificates of return to the Governor-Elect of Kogi State, Usman Ododo and his running mate in the election, Joel Salifu. The certificates of return were presented at the INEC headquarters in Lokoja, the state capital on Friday, amid jubilation by a mammoth crowd of supporters. Ododo of the All Progressives Congress had won the November 11 off-season governorship election in Kogi State with a wide margin, having polled 446,237 votes to defeat Murtala Ajaka of the Social Democratic Party, who came second with 259,052 votes. Dino Melaye, candidate of the Peoples Democratic Party,…
By Obaloluwa Joshua, LAGOS Zimbabwe are in crisis ahead of their 2026 FIFA World Cup qualifier against the Super Eagles of Nigeria. According to the Herald, the Warriors boycotted training on Thursday over unpaid bonuses, appearance fees and allowances. Baltemar Brito’s men held Rwanda to a 0-0 draw in their opening fixture on Wednesday. The Zimbabwe Football Association (ZiFA) reportedly promised US$2 000 for a win but said nothing on drawn matches. The players want their daily allowances paid and are also demanding they get something from their draw against Rwanda. The Warriors will host Nigeria at the Huye Stadium,…
By Tony Obiechina, Abuja The African Export-Import Bank (Afreximbank) has presented an intra-African Engineering, Procurement and Construction (EPC) platform designed to empower African contractors to successfully bid for contracts by allowing for the seamless posting of key infrastructure projects within the EPC space in Africa for bidding by EPC companies. The presentation, which took place during a workshop organised on the sidelines of the third Intra-African Trade Fair (IATF2023), also covered various products, programmes and initiatives developed by Afreximbank to support local companies engaged in infrastructure contract bidding. Addressing the workshop, Kanayo Awani, Executive Vice President, Intra-African Trade Bank at…