Nigeria Today: Top 10 News Stories You Shouldn’t Miss

1. President Goodluck Jonathan has formally inaugurated the Development Bank of Nigeria with a capital base of $1.5bn. 2. The General Secretary of the Nigeria Football Federation (NFF), Sanusi Mohammed, has promised that his tenure would usher in dramatic growth of the country’s football. 3. In its determination to deepen the development of renewable energy, The African Development Bank,  AFDB has offered to provide $200 million towards the growth of coal-to-power projects in Nigeria.  4. The Nigerian Agricultural Insurance Corporation (NAIC) has put in place plans to provide insurance and other climate smart risk management services to the Nigerian farmers. 5. The Central Bank of Nigeria (CBN) has extended the deadline for the implementation of higher capital adequacy ratio (CAR) requirements for systemically important banks (SIBs). 6. The Tony Elumelu Foundation (TEF) has announced the selection of 1,000 African entrepreneurs for the Tony Elumelu Entrepreneurship Programme (TEEP). 7. According to an analysis by the Nigerian National Petroleum Corporation (NNPC), Nigerian households and businesses generate 2,500 megawatts of electricity from petrol, kerosene and Automotive Gas Oil (AGO, popularly known as diesel). 8. Standard Alliance Plc staff, Cynthia Okoro, has emerged the Miss Insurance 2015/2016 of the Nigerian Insurance Industry. 9. President Goodluck Jonathan has congratulated the Flying Eagles on their victory against host, Senegal, in the final match of the 2015 African Youth Championship (AYC) on Sunday in Dakar. 10. Construction giant, Julius Berger has said it is considering potential partnerships with credible investors willing to invest in the upgrade of Nigeria’s electricity supply systems.  

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This article was first published on 24th March 2015

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