Indications that the recent closure of Nigerian land borders and other fiscal measures by the government are already taking tolls on consumers’ real economy emerged on Monday as the nation’s consumer price index (CPI), which measures inflation rose to 11.61% in October, the highest rate in 17 months. The National Bureau of Statistics (NBS) gave this […]
L-R: John Gbassa, CEO/MD of WAO Global Trading Ltd; Koji Shirotani, Divisional Manager, Sub-Sahara Africa Business Development Division; Afolasade Alonge, Divisional Head, Corporate and Specialized Banking, Heritage Bank Plc; Masafumi Tanimoto, General Manager, Accra Liason Office; Tsuyoshi Ueda, Assistant Managing Director; Jude Monye, Executive Director of Heritage Bank; Olugbenga Awe, Divisional Head, Agric Finance & […]
The Central Bank of Nigeria (CBN) on Tuesday said that it would support the ongoing plans to reactivate the moribund cotton, textile and ginning producing companies with about N100 billion, saying that so far a loan of N19.18 billion has been approved for nine cotton producing firms to revive their processing plants. The CBN Governor, […]
The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, has said that mechanized farming will boost the nation’s agricultural production capacity and create more jobs for Nigerian youths if explored. The Minister made this remark during a town hall meeting with the All Farmers Associations of Nigeria (AFAN) and other relevant stakeholders in Kano […]
President Muhammadu Buhari on Thursday restated his administration’s commitment to sustain interventions in the nation’s agricultural sector to boost economic growth and create jobs for the unemployed in the country. The President gave the assurance at the National Agricultural Show to mark this year’s World Food Day celebration held at National Agricultural Showground, Tudun Wada, Keffi, […]
The National Programme Monitoring Unit (NPMU) Manager of the UNDP-Global Environment Facility Integrated Approach Programme (UNDP-GEF-IAP) on Food Security Project in Nigeria, Mrs. Rhoda Dia, on Thursday said that the ongoing five-year project being implemented across seven Northern states would boost the nation’s rice and groundnut production capacity and quality of the commodities. Dia was […]
L-R: Women Farmers Advancement Network (WOFAN) founder and Executive Director, Hajia Salamatu Garba; Katsina State First Lady, Hajia Hadiza Masari; and the Group Head, Agric Finance and Solid Minerals of Sterling Bank Plc, Mrs. Bukola Awosanya; during the Sterling Bank-sponsored Agriculture Summit Africa event held in Abuja recently.
Nigeria’s Minister of Agriculture and Rural Development, Alhaji Mohammed Sabo Nanono, on Tuesday identified agricultural research as crucial to ongoing efforts to grow the country’s agriculture sector and by implication, achieve food security for all. He made the remarks when a delegation from Bill and Melinda Gates Foundation, led by the Deputy Director, Agricultural Development, […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has described the planned restructuring of the Bank of Agriculture (BOA) as imperative in order to improve its operating framework and governance structure with a view to enhancing its efficiency. Okoh, who made this remark at the maiden meeting for the […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Tuesday disclosed that the country saved $21 billion on food imports in the last three and half years. Ogbeh, who gave this hint when he hosted officials of the Bank of Agriculture (BOA) and Bureau of Public Enterprises (BPE) during a meeting in Abuja, […]