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Saturday, November 26, 2022
The Federal Government has obtained a 134-million-dollar loan from the Africa Development Bank to boost wheat production. Minister of Agriculture and Rural Development, Dr Muhammad Mahmoud, said this in Abuja, while briefing State House correspondents on the implementation of the presidential mandate given to the ministry. He explained that the aim...
The Minister of Humanitarian Affairs, Disaster Management and Social Welfare, Hajiya Sadiya Umar-Farouq, on  Thursday kick-started the digitized payment of cash grant to 3,351 beneficiaries in Cross River on Thursday in Calabar. Umar-Farouq, at commencement of the programme and the onboarding of 2nd stream of Independent Monitors, said it was...
Prof. Banji Oyelaran-Oyeyinka, Senior Special Adviser on Industrialisation to the President of the African Development Bank, has blamed high level corruption and insecurity for Nigeria’s current stunted economic growth . Oyelaran-Oyeyinka said this in his lecture at the 8th edition of the Nigerian Society of Engineers Annual Distinguished Lecture series...
Mr David Daser, the Director General,  Plateau State Information and Communication Technology Development Agnecy (PICTDA) has explained that Jaiz Bank would rebuild the Jos main market at no cost to government. Daser said this in an interview with News Agency of Nigeria (NAN) on Thursday in Jos. NAN reports that the...
Chevron Nigeria Ltd. has restated its commitment to take deliberate actions in ensuring that the country attain its net zero carbon emission goal by 2060. Mr Victor Anyaegbudike, Communications Manager, Chevron Nigeria and Mid-Africa, said this at the Nigerian-American Chamber of Commerce (NACC) breakfast meeting in Lagos on Tuesday. The News...
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has begun training of 90 persons in Kano on entrepreneurship skills. The News Agency of Nigeria (NAN) reports that the training is under its National Business Skills Development Initiative (NBSDI) and lasts for five days. Mr Olawale Fasanya, Director-General, SMEDAN, at...
Bakers in Cross River have resolved to increase the price of bread and reduce production following the high cost of condiments and other means of production. This was disclosed by a Master Baker, Mr Thomas Odey in an interview with the News Agency of Nigeria (NAN) on Monday in Calabar. It...
A Nigerian, Mr UK Eke, has been appointed to the advisory board of the Centre for African Entrepreneurship and Leadership (CAEL) of the University of Wolverhampton, United Kingdom. Eke is a former Group Managing Director, FBN Holdings Plc. The Director of CAEL, Dr Pascal Anosike, said in a statement on Monday...
Some residents of Enugu metropolis have decried the four days warning strike embarked upon by bread bakers,  as the current price of the commodity had become unaffordable.   Some of the residents, who spoke to the News Agency of Nigeria (NAN) in Enugu on Sunday, said the warning strike had affected...
The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the Federal Government to address the necessary economic parameters to prevent Nigeria from slipping into recession. Mr John Udeagbala, National President, NACCIMA, gave the charge on Friday in Lagos, via a report from the association’s third...
Gov. Chukwuma Soludo of Anambra, has signed the revised budget of N170 billion into law. Soludo said that the budget christened; “Building off from the Blocks”, fell short of N250 billion, estimated as the amount required in building critical infrastructure in the state. Mr Christian Aburime, Press Secretary to Soludo, who...
 A power expert,  Mr Kola Balogun, has commended the Senate for passing the Electricity Bill, 2022, adding that it would help to address the incessant collapse of the National Grid. Balogun, who is the Chairman, Momas Electricity Meter Manufacturing Company (MEMMCOL), made the assertion in an interview with the News...
The Nigerian Export Promotion Council (NEPC) on Thursday engaged certification agencies in Kaduna State on enabling conducive exportation processes to aid diversification of non-oil export. The News Agency of Nigeria (NAN) reports that the event was organised in  collaboration with the Kaduna Chamber of Commerce, Industry and Agriculture (KADCCIMA). Alhaji Kassim Ahmed, Head, Kaduna...
Oghenekaro Igoh is an exemplar of entrepreneurship and job creation. A beneficiary of the Delta State enterprise development training programme, she shared her story in 2020. "I had thought I would go into the traditional roadside tailoring, but after the training at Songhai Delta, my mind opened to other possibilities...
As Nigeria progresses towards recession from the rising challenges of inflation, analyst and experts hold varying skeptic positions of revamping the economy. Statista, a German Database firm with a speciality in the market and consumer data forecasted Nigeria’s inflation to peak at 16.1 per cent in 2022. By April however,...
Zimbabwe has received reassurance of support from the African Development Bank (AfDB) Group and multilateral financial institutions to help clear its debt arrears. AfDB Group on its website on Thursday said the reassurance was given during a meeting with Dr Akinwumi Adesina, President of the Bank, government of Zimbabwe and...
The National Council on Privatisation (NCP) says it is necessary to inform the public about measures taken by the Federal Government concerning the board of various DISCOs across the country. The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, said this in a statement in Abuja on Wednesday. The News...