Ebuka Daniel The Food and Agriculture Organisation of the United Nations  and the African Union Commission’s Department of Agriculture, Rural Development, Blue Economy and Sustainable Development have launched a guide towards boosting intra-African agricultural trade under the new African Continental Free Trade Area agreement. This is coming on the expectation …

Ebuka Daniel The Department of Petroleum Resources has said over 43 cases in the Nigerian oil and gas industry are waiting to be looked into by the newly inaugurated Alternative Dispute Resolution Centre. Its Director/Chief Executive Officer, Mr Sarki Auwalu, said the ADRC was established in January as one of …

Oluwasina Phillip The Central Bank of Nigeria has said that states must repay all loan facility of about N1.5trn received as support from the apex bank, a punishment for accusing it of printing N60bn to support March federal allocation. The apex bank governor, Godwin Emefiele, said this on Thursday in …

Ebuka Daniel The exact volume of crude oil produced in Nigeria, especially at the deep offshore fields, is not known by anyone, the Nigeria Extractive Industries Transparency Initiative has said. Executive Secretary, NEITI, Orji Ogbonnaya-Orji, disclosed this in Abuja during a courtesy call on the Director-General of the Federal Radio …

Ebuka Daniel The Federal Government has approved the lifting of its four months long ban on the sale and activation of new Subscriber Identity Module registration. However, it said that  the National Identification Number has become mandatory for the registration process. The Ministry of Communication and Digital Economy disclosed on …

Oluwasina Phillip The Central Bank of Nigeria has unveiled plans to include sugar and wheat on the list of commodities that will be banned from accessing foreign exchange. The CBN Governor, Mr. Godwin Emefiele made this disclosure on Thursday in Awe, Nasarawa state during an inspection tour of the proposed …

Ololade Omosan-Agie Nigeria’s Vice President, Yemi Osinbajo, has said that improved access to high-speed Internet would make Nigerians more productive and competitive among its peers globally. He said this virtually during the official launch of the Ogun State digital economy infrastructure project “Ogun TechHUB,” under the State Governor, Dapo Abiodun. …

Ebuka Daniel Food prices have again pushed Nigeria’s inflation to 18.17 per cent which is one of the highest rate in recent times. High food prices had driven Nigeria’s inflation to 17.33 per cent in February 2021 amidst monetary intervention. Nigeria’s inflation had risen 17.33 per cent, 16.47 per cent, …

Babajide Iletogun The Federal Government on Thursday commenced the process for full commercialisation and recapitalisation of the Federal Mortgage Bank of Nigeria with the inauguration of an eight-member Joint Technical Committee. Inaugurating the committee, which comprises four members each from the Bureau of Public Enterprises and the FMBN in Abuja, …

Ebuka Daniel The Manufacturers Association of Nigeria, Edo/Delta chapter, has lamented the multiple taxation on its members by the Delta State government.The chairman of the association, Okwara Udensi, spoke on Wednesday when he led its exco on a courtesy visit to Governor Ifeanyi Okowa of Delta State in Asaba. He …