By Lucy Ogalue Equatorial Guinea has sought a partnership with Tiamin Rice, a leading rice mill in Nigeria, to foster sustainable agricultural development and enhanced food security across Africa. The Ambassador of Equatorial Guinea to Nigeria, Francisco Mague, said this in a statement issued by the company’s Business RelationsContinue Reading
By Olawunmi Ashafa The Federal Government has taken a significant step toward addressing the country’s power challenges by signing a historic memorandum of understanding (MoU) to launch a 1GW Solar PV Manufacturing plant in Nigeria. The agreement was reached at the ongoing 28th session of Conference of Parties (COP28) inContinue Reading
By Oluwatope Lawanson and Chiazo Ogbolu The Lagos State Governor, Mr Babajide Sanwo-Olu, has described the berthing of MV Great Lagos, largest container-RORO ship in Nigeria and West Africa sub-region, as an expression of confidence of the international community in Nigeria. Sanwo-Olu represented by his Deputy, Dr Obafemi Hamzat, saidContinue Reading
By Kadiri Abdulrahman A Professor of Capital Market at the Nasarawa State University, Keffi, Uche Uwaleke, says the 2024 budget as proposed by President Bola Tinubu is promising. Uwaleke, also President of the Association of Capital Market Academics of Nigeria, said this in an interview with the News Agency ofContinue Reading
By Kadiri Abdulrahman A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allowed customers to operate accounts without their BVN and NIN. Unegbu, a past president of the Chattered Institute of Bankers of Nigeria (CIBN), said this in an interview withContinue Reading
By Kadiri Abdulrahman The harsh economic situation in Nigeria, which has been exacerbated by the removal of petrol subsidy and high dollar exchange rates has become a major challenge for recreation businesses. A visit by the News Agency of Nigeria (NAN) to some recreation spots within Abuja showed low patronage,Continue Reading
By Salisu Sani-Idris The Federal Government has disbursed N135.4 billion to States and the FCT, after the second Independent Assessment of Results achieved under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES). The News Agency of Nigeria (NAN) reports that NG-CARES is a World Bank-assisted $750 million Performance ForContinue Reading
By Bashir Rabe Mani Alhaji Muhammadu Munir-Jaafaru, Chairman, Board of Trustees, Kaduna Chamber of Commerce, Industry, Mines and Agriculture, has expressed concern over the desolate state of the Kaduna Trade Fair Complex. Munir-Jaafaru, who is also the Patron of the chamber, spoke on Saturday in Kaduna, at the InvestitureContinue Reading
By Lucy Ogalue The National Salaries, Incomes and Wages Commission (NSIWC), says its circulars are issued after consultations with the Federal Government and major stakeholders. The Chairman of the Commission, Mr Ekpo Nta, clarified this when he played host to the Executive Committee of the Nigeria Union of PensionersContinue Reading
By Lucy Ogalue The African Development Bank (AfDB) has signed an additional 20 million dollars Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria. Mr Lamin Barrow, Director-General, Nigeria Country Department, AfDB, said this during the signing ceremony, on Thursday in Lagos. According to Barrow,Continue Reading
