About N19.4tn has been realised as revenue from the exports of cocoa beans, crude oil, gas, amongst others in the second quarter of 2024. This is contained in a report by the National Bureau of Statistics. In the just-released ‘Foreign trade in goods statistics’ report, Nigeria’s total merchandise trade stood at N31.89tn representing a decrease…
The federal executive council has approved the construction of another highway that connects the regions of the southern and the northern parts of the country. The first one was the Coastal Road designed to connect Lagos in the southwestern part of the country with the south south, while the latest one connects Badagry in the…
The Institute of Chartered Accountants of Nigeria has urged the Federal Government to invest more in Small and Medium Enterprises and agricultural sectors to enhance the economy. The association made the call at the Investiture of the 4th chairman of Gwagwalada and District Society of ICAN and the inauguration of a new Executive Committee in…
A group, Catalysing Strengthened Policy Action for Healthy Diets and Resilience (CASCADE) Nigeria is set to support 7,500 Women smallholder farmers. CASCADE will be giving the farmers orange flesh potatoes vine, while 3,500 others will get vegetable seeds across four implementing states of Bauchi, Jigawa, Kebbi and Nasarawa. The aim is to increase access to…
The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, at the 15th meeting of the African Continental Free Trade Area (AfCFTA), reaffirmed Nigeria’s commitment to upholding the digital trade protocol to boost investment, export, and economic reforms. The AfCFTA Digital Protocol, enacted in February 2024, establishes a legal framework to accelerate tech-driven innovation and…
.. LAMENTS HIGH COST OF FOOD ITEMS Worried by unprecedented high cost of food items in the state and obvious lack of interest in agriculture and farming by teachers and students, the Imo State House Of Assembly has cried out to the State Governor, Senator Hope Uzodimma to immediately intervene, by ensuring that Agriculture is…
A Federal High Court in Abuja, Justice Emeka Nwite, has remanded a traditional ruler in Osun, Taofeeq Osunmakinde and four others in the Kuje Correctional Centre over alleged illegal gold mining. Oba Osunmakinde, the Obawore of Ifetuntun in Ife Central Local Government Area of Osun state was arraigned alongside Shehu Mustapha, Sabiru Hashim, Danbaba Ibrahim…
Governor Alex Otti of Abia State has raised concerns over the fact that the federal government spent N7.8 trillion over a period of six years. He found that troubling for a country that has the potential to grow enough food to feed her people. He, however, called for a paradigm shift conscious of the fact…
Bashir Adewale Adeniyi, Comptroller General, Nigeria Customs Service (NCS) has auctioned Premium Motor Spirit, popularly called petrol seized by its operatives in Yola, Adamawa State at the rate of ₦630 per litre, noting the seizures underscore the persistent nature of the challenge and the necessity of continued vigilance and action.Adeniyi, who was represented by Olaniyi…
Farm Alert, an agritech company has joined forces with Lenco and Ure Microfinance Bank to launch a product loan initiative aimed at tackling the dearth of capital in the Nigerian animal health industry. According to the company the innovation will particularly address major challenges in the sector as most Nigerian veterinarians and animal health professionals frequently…
