Business

UN Appointment: Adesina Express Joy Says ‘I Am Greatly Honoured,’

Published

3 years ago

June 4, 2023

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The African Development Bank (AfDB) President, Dr Akinwumi Adesina has expressed joy as he accepted his appointment by the United Nations in the fight against malnutrition.

Recall that on June 1, the UN Secretary-General Antonio Guterres appointed Adesina and 21 other leaders to spearhead the fight against malnutrition in all its forms as members of the Scaling Up Nutrition (SUN) Movement Lead Group.

Appointed alongside the AfDB boss were two other Nigerians – Vice President of the Islamic Development Bank, Mansur Muhtar, and Executive Chair, Sahel Consulting Agriculture and Nutrition, Ndidi Nwuneli.

Adesina took to his Twitter handle on Sunday, saying that he is greatly honoured by the appointment in the quest to end malnutrition globally.

Adesina statement reads: “I am greatly honored by United Nations Secretary-General @antonioguterres appointing me among Global Leaders to tackle global malnutrition. Thank you, SG. I look forward to helping to deliver on this agenda,” he twitted.

Initiated in 2010 by the former Secretary-General, Ban Ki-moon, the SUN Movement continues its drive to improve nutrition for all people, everywhere, with the stewardship of 22 appointed global leaders who are committed to fighting malnutrition in all its forms as members of the SUN Movement Lead Group.

With the latest appointment, these prominent figures are committed to championing nutrition and steering the SUN Movement and its mission to eradicate malnutrition in all its forms by 2030.

Some three billion people, almost half of all humanity, cannot afford a healthy diet. And two-thirds of children lack the diverse diets they need to thrive.

Related Topics:Adesina AfDB UN Appointment

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Naira Exchange Rates Thursday, 5 Nov 2026

Published

2 days ago

November 5, 2026

OCHEFA

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BLACK/ PARALLEL MARKET RATES

₦1400DOLLAR (USD)

₦1830POUND (GBP)

₦1515 EURO (EUR)

₦950 CANADIAN DOLLAR (CAD)

₦70 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED

₦190 Chinese YUAN (CNY)

₦100 Ghanaian CEDI (GHS)

West African CFA ₦2240 (XOF)

Central African CFA ₦2180 (XAF)

₦820 Australian Dollar AUSSIE (AUD)

Business

NNPCL wants to sell 10% equity via IPO on NGX, LSE

NNPC is expected to spend at least the whole of 2027 preparing for the proposed offering, with the listing primarily intended to strengthen corporate transparency and governance in line with Nigerian law.

Published

3 days ago

November 4, 2026

OCHEFA

169 Views

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing expected to focus primarily on Nigeria’s domestic capital market.

The Group Chief Executive Officer of NNPC Ltd., Bashir Bayo Ojulari, disclosed this in an interview with Reuters on Tuesday, November 3, 2026, adding that the company could also pursue a secondary listing in London or New York.

The disclosure comes shortly after the Dangote Petroleum Refinery’s IPO closed on October 27, following a two-week extension of its subscription period from the initial October 13 deadline.

Ojulari indicated that raising additional capital would be a secondary consideration rather than the main reason for going public.

The company is also considering listing some of its subsidiaries separately, following a model adopted by Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates’ state-owned oil company.

Beyond the potential IPO, Ojulari disclosed that Chinese companies have expressed interest in acquiring equity stakes in some of NNPC’s smaller refineries, particularly the Port Harcourt and Warri facilities, which require substantial rehabilitation.