By Grace Alegba The First Bank of Nigeria Ltd, with Rotary Club International, District 9110, has distributed N20 million worth start-up kits to 102 beneficiaries in Lagos to empower them across various trades. The News Agency of Nigeria (NAN) reports that start-up kits distributed included: grinding machines, plumbing kits, deepContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.69 per cent in April 2024. The NBS said this in its Consumer Price Index (CPI) and Inflation Report for April, which was released in Abuja on Wednesday. According to the report, the figureContinue Reading
By Rukayat Moisemhe The Bank of Industry (BOI) has introduced the Rural Area Programme on Investment and Development (RAPID), which aims to empower youth and women-led businesses in underserved regions. RAPID is to provide capital and opportunities to rural communities, in addressing challenges like rural-urban migration. The Managing Director ofContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics(NBS) says it plans to produce crowd-sourced data on food prices using Artificial Intelligence. Prince Adeyemi Adeniran, the Statistician-General of the Federation and Chief Executive Officer, NBS, said this at the 1st Bi-Annual Meeting of the National Consultative Committee on Statistics(NCCS),2024 in KeffiContinue Reading
By Okeoghene Akubuike Stakeholders say the adoption of big data and data science will help reposition Nigeria’s statistical system to enhance effective statistical delivery. They spoke at the ongoing 1st Bi-Annual Meeting of the National Consultative Committee on Statistics (NCCS), 2024 organised by the National Bureau of Statistics (NBS) inContinue Reading
By Martha Agas The Federal Government has unveiled the Nigerian Minerals Resource Decision Support System (DSS), aimed at helping investors make informed decisions in the sector. The Minister of Solid Minerals Development, Dr Dele Alake unveiled the software on Tuesday in Abuja. The DSS is a comprehensive software platform thatContinue Reading
By Deborah Coker Sen. Ned Nwoko (PDP-Delta), on Tuesday called on the Federal Government to impose charges on employers who pay their workers in foreign currencies. Nwoko, who represents Delta North at the National Assembly, said this in an interview with the News Agency of Nigeria (NAN) in Abuja. HeContinue Reading
Dr Ngozi Okonjo-Iweala , Director – General World Trade Organisation ( WTO), has called for more women inclusion and participation in leadership roles.Continue Reading
By Fortune Abang Mr Ali Khwaja, Chairman of KTrade Securities, a Pakistani-based stock and commodity outfit, has predicted a decline in U.S. dollar value globally in the coming years. Khwaja made this known on Thursday during a virtual analysis of the KTrade Securities research report. He attributed restrictive fiscalContinue Reading
By Okeoghene Akubuike The International Monetary Fund(IMF) says determined and well-sequenced implementation of government’s policy intentions would pave the way for faster, more inclusive, resilient growth in Nigeria. The IMF said this in a statement at the conclusion of its Executive Board’s 2024 Article IV Consultation with Nigeria, a copyContinue Reading
