EMDE
8 Aug
The International Energy Agency (IEA) has called on Development Finance Institutions (DFIs) and governments to better utilise capital to de-risk private investments in Emerging Markets and Developing Economies (EMDE).
Latest
12 mins ago
A former Special Adviser to former President Muhammadu Buhari, Senator Babafemi Ojudu, on Tuesday, urged the Alaafin of Oyo, Prince Akeem Owoade, to rise above mere tradition and provide proactive leadership that will position him as a builder of institutions, promoter of knowledge, and catalyst for progress across Oyo Town and beyond. Ojudu tasked…
16 mins ago
Twenty Ethiopian migrants were killed when their boat from Djibouti capsized off Yemen, the International Organization for Migration (IOM) said Tuesday. The shipwreck on Saturday "claimed the lives of 20 Ethiopian migrants, including nine women and 11 men. The vessel, carrying 35 Ethiopian migrants along with a Yemeni captain and his assistant, departed from…
20 mins ago
The Senate has promised to allocate adequate funds to government agencies playing watchdog roles, given their critical functions of compelling revenue-generating agencies to comply with financial regulations. Chairman, Senate Committee on Finance, Sen. Sani Musa, stated this when the Chairman of Fiscal Responsibility Commission (FRC), Mr Victor Muruako, appeared before the committee to defend the…
25 mins ago
Aston Villa announced Tuesday they have signed defender Andres Garcia from Spanish side Levante for a reported initial fee of about £6 million ($7.4 million). The 21-year-old, who can operate at right-back or further forward, was a youth player at the Segunda Division club before breaking into the first team, and has scored three times…
27 mins ago
Staff of the Nigeria Meteorological Agency (NIMET) have issued a 14-day ultimatum to embark on a nationwide strike over the failure of the management to attend to their lawful and reasonable demands. The staff, under the aegis of the National Union of Air Transport Employees (NUATE), Amalgamated Union of Public Corporations, Civil Service Technical and…
29 mins ago
Oil has spilled for weeks in Nigeria’s delta region from a well apparently damaged by thieves and which has also sparked a fire that has yet to be contained, environmental activists said Tuesday. The Environmental Defenders Network said the spill at Buguma wellhead 008 began early in January and both were still underway as of…
33 mins ago
Newly-inaugurated US President Donald Trump has rescinded a Biden administration executive order that established oversight measures for companies developing influential AI models. The Biden policy, signed in October 2023, was largely voluntary and required major AI developers like OpenAI and Google to share safety assessments and vital information with the federal government. It initiated…
34 mins ago
US President Donald Trump's decision to withdraw from a global minimum tax agreement on his first day in office has unnerved EU officials, who expressed "regret" over the move. Trump signed a flurry of executive orders within hours of taking the oath of office on Monday, pulling the United States out of the Paris Climate…
37 mins ago
President Donald Trump announced plans to weed out some 1,000 opponents from the US government Tuesday on his first full day in power after taking office with a shock-and-awe blitz of executive orders. Trump was due to meet with leaders of the narrow Republican majority in Congress at the White House as he tries…
38 mins ago
Police on Tuesday arraigned a retired civil servant, Clara Izuora, aged 62, Lukman Isiaka, 42 and Abosede Olanipekun, 23, at an Akure Magistrates’ Court over alleged kidnap of 14 children. The police prosecutor, Insp. Augustine Omhenimhen, told the court that the defendants committed the offence between July 21, 2024 and August 27, 2024 in various…