Truth Is Treasure
By Mathew Dadiya, Abuja The African Development Bank Group (AfDB) has approved the investment of $25 billion to develop agriculture in Nigeria and four other African countries. President of the AfDB, Dr. Akinwumi Adesina, disclosed this at a virtual conference to mark the 10th anniversary of Sahel Group, a private equity firm
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By Laide Akinboade, Abuja The Federal Capital Territory, FCT Administration has assured the manufacturing sector of its support in continual growth and development of the Federal Capital Territory. This commitment was made by the FCT Minister, Malam Muhammad Bello when a delegation from the Manufacturers Association of Nigeria (MAN) led by its President,
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From Joy Ekeke, Lagos The Federal Government has signed a Memorandum of Understanding (MoU) with the Republic of Niger to import about 15,000 barrels of petroleum products for consumption in Nigeria. In a statement by the Group General Manager/Special Adviser on Media to the Minister of State for Petroleum Resources, Garba Deen
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From Alfred Babs, Ilorin Customs makes 65 seizures valued N53.15 million in five weeks in North Central- Joint Border Coordinator. The Joint Border Operations Drill (JBOD) Sector 3 of the Nigeria Customs covering four states in the North Central zone made 65 Seizures of different items amounting to N53.158 million in five
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The Nigerian Export Promotion Council (NEPC) has said it was working with relevant ministries departments and agencies for payment of N124 billion backlog of claims under the Export Expansion Grant (EEG) scheme. Mr Lawal Dalhat, the Deputy Director, Incentives, NEPC made this known on Sunday in an interview with News Agency of
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From Joy Okeke, Lagos Economic experts, professionals, trade groups and former Vice president, Atiku Abubakar at the weekend raised the alarm over what they described as a bleak future for the nation’s economy and warned that unless urgent steps were taken, the looming recession would lead to severe job cuts and
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500 Exhibitors Expected at 5th Abuja Int’l trade fair By Mathew Dadiya, AbujaThe Abuja Chamber of Commerce and Industry (ACCI) has said that the annual Abuja International Trade Fair (#AITF), targeting 500 local and foreign exhibitors, will run from November 24 to Decemebr 4, 2020. The trade fair was earlier postponed
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Group Managing Director, Nigerian National Petroleum Corporation (NNPC)Mr Mele Kyari has said he was optimistic that the corporation will declare dividends in 2020 in spite of the challenges posed by the COVID-19 pandemic. Kyari spoke at an interactive session with the National Association of Energy Correspondents (NAEC) in
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By Tony Obiechina, Abuja The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country. The Group Managing Director of the Corporation, Mele Kyari, reiterated this while delivering a goodwill message at
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From Joy Ekeke, Lagos The Nigeria Employers’ Consultative Association (NECA) has advocated the need for fiscal interventions in local production to curb the trend of inflation which has heightened in the past 10 months. Director General of the association, Timothy Olawale, said this had been a major cause of concern, stating that
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