RIFAN harvests 100,000 bags of rice annually in Bayelsa
The Rice Farmers Association of Nigeria (RIFAN), Bayelsa chapter, says it produced 100, 000 bags of rice annually in its efforts to achieve sufficient food for the people. The Chairman of…
Inflation jumped by 11.85% in November 2019 — NBS
The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019. The NBS made this known in ITS Consumer Price Index (CPI)…
Two brothers jailed 57 years for plot to bomb plane
Two Sydney brothers have been jailed for at least 30 and 27 years for plotting to plant a bomb hidden in a meat grinder on an Etihad flight out of…
KongaPay launches ATM card-less withdrawal, USSD features
E-commerce giant, Konga has recorded another feat with the roll-out of card-less withdrawal and unstructured supplementary service data (USSD) features on its payment platform, KongaPay. KongaPay is a secured payment…
Zambia legalises production, export of cannabis to boost economy
Zambia has legalised the production and export of cannabis for economic and medicinal purposes, the government’s chief spokeswoman said on Monday, becoming the latest country to shift its position on…
Global coal demand to remain stable up to 2024 – IEA
Global coal demand is expected to remain stable until 2024 as growth in Asia offsets weaker demand from Europe and the United States, the International Energy Agency (IEA) said on…
UK to spend N23.5bn on youth development in northern Nigeria
The United Kingdom says it is currently supporting initiatives to increase economic opportunities for marginalised youth in northern Nigeria with development funding worth nearly 50 million dollars (N15 billion). Mr…
Restructuring plan must include provisions to help financially weaker States – Minister
Minister for Transportation, Rotimi Amaechi The Minister for Transportation, Rotimi Amaechi, says any restructuring plan for Nigeria must include provisions to help financially weaker states to survive and perform…
Tony Elumelu Entrepreneurship Programme gets $5m scale up grant approval from AfDB
The Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its…
Poor electricity, multiple taxation top list of challenges facing manufacturers in Nigeria – Report
The manufacturer’s CEOs Confidence Index (MCCI) has identified inadequate electricity supply and the duo of multiple taxation and over regulation amongst others, as challenges confronting operations in the country. The…