The Farm and Infrastructure Foundation, a civil advocacy organization at the frontline of food security in Nigeria, has charged Nigerians to join forces in ensuring that governments in the country prioritize policies and programmes that will ensure food security as their fundamental human right in the years ahead. Giving the charge during a statement on […]
The Federal Government has disclosed that it purchased 58,500 metric tons of milled rice from the Rice Farmers Association of Nigeria (RIFAN) as part of its efforts to stabilise the food items market nationwide. The Minister of Agriculture, Sen. Abubakar Kyari, who made this disclosure during a media chat with journalists in his office in […]
The Central Bank of Nigeria (CBN) has announced its donation of over two million bags of fertilizers with a total value of N100 billion to farmers nationwide. The apex bank governor, Yemi Cardoso, delivered the bags of fertilizers to the Minister of Agriculture and Food Security, Abubakar Kyari, on Wednesday in Abuja. According to him, […]
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, on Monday hinted that the Federal Government had sealed a €995 million investment deal with the Brazilian Government and the German Deutsch Bank Group to finance a Green Hope Initiative programme in Nigeria. Kyari, who made the disclosure during President Bola Tinubu’s visit to Minna, […]
Nigeria’s Senate, the upper legislative chamber, on Monday inaugurated an ad-hoc committee to investigate the Central Bank of Nigeria’s (CBN’s) Ways and Means loans to the Federal Government and the Anchor Borrowers Programme (ABP) intervention funds in the agriculture sector over the past years. In his inaugural address to the ad-hoc committee chaired by Senator […]
The Development Bank of Nigeria (DBN) on Friday disclosed that it had disbursed about N700 billion to Small and Medium Enterprises’ (SMEs’) owners in the last seven years in furtherance of its mandate to support efforts by the government to grow the nation’s economy. The Managing Director of the development finance institution, DBN gave this […]
The National Bureau of Statistics (NBS) reported on Friday that the National average Cost of a Healthy Diet (CoHD) was N858 in January 2024. The Bureau, in its ‘Cost of Healthy Diet January 2024’ report published on Friday, March 8, indicated that the report’s findings showed that the average CoHD was highest in the South […]
In 2023, Nigeria’s total foreign trade increased to N71.88 trillion from N52.38 trillion recorded in 2022, representing an increase of 37.2% year-on-year (Y-o-Y) These figures were contained in the Foreign Trade in Goods Statistics (Q4 2023) report published by the National Bureau of Statistics (NBS) on Friday, March 8, on its website. The statistics agency […]
Ogun State Government has unveiled plans to train 100,000 Small Medium Enterprises (SMEs) owners, especially youths, on emerging technologies, towards empowering them for contributions to the current drive towards digitalization of the economy. The ICT capacity building initiative would be pursued through GetFundedAfrica Technologies (GFAT) in partnership with Microsoft, Google and Meta In his keynote […]
….Says $26Bn Transactions Through Binance Nigeria Difficult To Trace The Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso, on Tuesday disclosed that the apex bank spent over N10 trillion in interventions to different sectors of the economy over the past six years without significant results to show for such humongous expenditure. He […]