Category: World

Nigeria Coronation Merchant Bank ranked among other 4 World’s best investment banks for Global Award

Global Finance magazine has disclosed the named for its 20th annual World’s Best Investment Banks in an exclusive survey to be published in the April 2019 issue. It was disclosed that all winning organizations will be honoured at an awards ceremony on the morning of October 19, 2019, at the National Press Club in Washington,…

“Corruption does not invest in the future, it kills the future” – Akinwumi Adesina, at World Peace Summit of Global leaders

“We are working hard with governments to improve transparency, governance, accountability and project delivery across the continent. Corruption does not invest in the future, it kills the future,” Akinwumi Adesina,   President of the African Development Bank (www.AfDB.org) said at the World Peace Summit of Global Leaders. According to the World Economic Forum, an estimated…

The Operators of dormant oil fields by multinationals are forfeit to FG

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has hinted on moves by the Federal Government to reclaim dormant oil feilds from multinational oil companies operating in the country. The minister stated this while fielding questions from journalists at the second edition of the recently concluded Nigeria International Petroleum Summit in Abuja during…

World Bank Group Announces $50 billion over Five Years for Climate Adaptation and Resilience

World Bank GroupThe World Bank Group today launched its Action Plan on Climate Change Adaptation and Resilience. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing level—an average of $10 billion a year—is more than double what was achieved during FY15-18. The…