The Federal Government has approved a 50% reduction in the cost of agricultural inputs for farmers, aligning with the commencement of dry season farming, which kicked off last Saturday nationwide. The Federal Ministry of Agriculture and Food Security in a statement on Friday disclosed that the Minister of Agriculture, Abubakar Kyari, will lead the launch […]
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has urged Nokia Networks, one of the global leading ICT firms, to increase its investments in Research and Development (R&D) of the nation’s Information and Communication Technology (ICT) to support the industry’s sustainable growth. Maida, made the […]
The Socio-Economic Rights and Accountability Project (SERAP), a leading civil advocacy group in Nigeria, has urged the World Bank to suspend further loans to Nigeria’s 36 states until previous ones are accounted for. The group hinged its stance on what it termed recurring allegations of mismanagement of public funds by state governors, including loans which […]
The Federal Government in collaboration with International philanthropic organisations have partnered to raise $200 million to support the nation’s Micro, Small and Medium Enterprises (MSMEs) with the attendant positive potential for job creation in the country. The Senior Special Assistant to the President on MSMEs and Job Creation in the Office of the Vice President, […]
The Rural Electrification Agency (REA) has launched a control room centre located at its headquarters in Abuja to ensure effective monitoring of mini-grids power facilities that are note connected to the national electricity grid. The agency’s initiative aligns with the introduction of new Energy Management System (EMS) policy to effectively monitor smaller electricity systems called […]
The Securities and Exchange Commission (SEC) has reiterated its commitment to enhancing the nation’s capital market by promoting investor education, enforcing protective regulations against fraud, and encouraging responsible investment practices. The Commission gave this assurance to the investing public on Wednesday as part of the activities lined up by it during the ongoing 7th edition […]
Nigeria, Ghana, South Africa, and other countries at the United Nations (UN) on Wednesday voted for greater roles in international tax matters in a move that may change the Organization for Economic Cooperation and Development’s (OECD’s), domineering position on the discussions for decades. Over the past years, developing nations have been pushing for a greater […]
To reaffirm its commitment to collaborate with its 54 regional member-countries to support and implement projects and programmes for inclusive development in Africa, the African Development Bank (AfDB) last week hosted a ‘High-level Member-States Engagement Framework Workshop’ in Abidjan, Cote D’Ivoire. The event featured nearly 100 ministry of Foreign Affairs’ directors of protocol and Bank […]
The Nigerian Senate on Wednesday formally commenced the process of amending the Cybercrime Act 2015 as part of ongoing collective efforts to improve the security of the nation’s cyber space for information sharing across the broad spectrum of the nation fast-evolving digital economy. Speaking at the one-day public hearing on the Cybercrime (Prohibition and Prevention) […]
The National Bureau of Statistics (NBS), the coordinating agency for Nigeria’s statistical system, has reported that Nigeria’s real GDP at basic prices for the first and second quarters of this year decreased when compared to the growth rates recorded in the nation’s economy in the corresponding quarters of 2022. The Bureau, in the ‘Nigerian Gross […]