Local News

IFC Invests ₦60b in Infrastructure Development in Nigeria

International Finance Corporation, (IFC) said it has invested 25%, about ₦60 billion of its 2012 total investment in Nigeria on infrastructure.

The Vice President, Sub-Saharan Africa, Latin America and the Caribbean, Jean Philippe Prosper said the infrastructure and natural resources sector got 25%, about ₦60billion, while manufacturing and agribusiness got 25%, the financial markets got ₦120billion about 50% of the total investments,  in Lagos while interacting with news men during his visit to Nigeria.

Organisation for Truthful Rebirth Launched in Lagos

A group of vibrant Nigerians, passionate about creating and being ‘the change’ that the nation requires, has launched the Organisation for Truthful Rebirth (OTR), a non-profit making movement, to champion its cause.

At the launch of the organisation, which held at the Protea Hotel, Ikeja, Lagos, on Saturday, August 17, 2013, Eben Akinyemi, the Convener of OTR, said the establishment of the organisation was necessary because Nigeria needs ‘a voice’ for doing things right.