archiveSeptember 2019

World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a basket of...

The African Export-Import Bank (Afreximbank) says it will allocate 500 million dollars from its Nigeria-Africa Trade and Investment Promotion Fund to support Nigerian manufacturers. According to a statement by the bank on Thursday, the Afreximbank President, Prof. Benedict Oramah made this known at the 47th Annual General Meeting of the...

  Almost three quarters of Germans want Chancellor Angela Merkel to remain in office up to the end of her term in 2021, according to a poll conducted by the national public broadcaster, ZDF, published on Thursday. The chancellor was particularly popular among members of her Christian Democratic Union (CDU),...

  Gov. Seyi Makinde of Oyo State has promised that his administration would continue to implement policies that would ensure total transformation of the state. Makinde made the promise on Thursday while inaugurating a 20-classroom mega school at the Baptist Basic Schools 1&11 in Isokun, Oyo town. The inauguration was...

Africa’s largest retail bank, Access Bank Plc on Thursday collaborated with the Lagos State Employment Trust Fund (LSETF) to launch the LSETFW Initiative aimed at economically empowering women in Lagos State. The initiative, which has a total loan portfolio of N10 billion, is targeted at women-owned businesses (with at least...

The National Bureau of Statistics (NBS), says the total value of capital importation into Nigeria in the second quarter of 2019 is 5.820 billion dollars, representing a decrease of -31.41 per cent compared to the first quarter. The NBS said this in its “Nigerian Capital Importation, Quarter Two, 2019” report...

      More young people are leveraging on opportunities in agriculture through the use of digital technology, which is changing the face of the sector in Nigeria and Africa, according Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this on Wednesday while speaking during the presidential panel discussion session...

  The Senior Agriculture Economist, World Bank, Dr. Adetunji Oredipe, on Thursday said the neglect of the agriculture sector when Nigeria’s economy became increasingly dependent on oil has proved to be both a “disaster and calamity.” He said if Nigeria had held to its market share in palm oil, cocoa,...

  The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) says the Federal Inland Revenue Service (FIRS) contributed 59.7 per cent of revenues in the Federation Account in the last three months. The Chairman of RMAFC, Mr. Elias Mbam, said this on Thursday in Abuja when he led a team of...

    Human right lawyer, Femi Falana (SAN) has called on the Federal Government to declare how much stolen funds it has recovered since 1999. He was joined in this call by the first woman SAN, Chief Folake Solanke at the 20th Mike Okonkwo Annual Lecture to celebrate the 74th...