Economy Archives — Page 194 of 222

June 29, 2017 No Responses

Nigeria explains availability of yams for local consumption as export to Europe begins

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has assured Nigerians that “There is no need to panic about the possible non-availability of yams for local consumption” as export begins. According to the Minister, “There has never...

June 29, 2017 No Responses

Heritage Bank: Our support for Agro-business funding cuts across the entire value chain

Heritage Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country. The MD/CEO of the bank, Mr Ifie Sekibo, who disclosed this,...

June 29, 2017 No Responses

SEC: Investors to forfeit multiple subscription to public offers

Investors in the Nigerian Capital Market with multiple subscriptions for the same public offer may forfeit their investment. The Securities and Exchange Commission at its last Capital Market Committee meeting (CMC) has approved the report of a market wide comm...

June 27, 2017 No Responses

‘How to tackle unemployment in Africa through Agriculture’

Developing creative messages/methods that would attract young people to agriculture could help Africa to attract youth to agriculture and end the rising unemployment in the continent, Deputy Director General, Partnership for Delivery, International Institute o...

June 25, 2017 No Responses

Edo Govt to create Ministry of Mining

Edo State Government is to establish a Ministry of Mining as part of measures to fast-track the development of mining activities in the state. According to the Governor, Godwin Obaseki, the state was yet to take full advantage of...

June 24, 2017 No Responses

Osinbajo conderms hate speeches

Most ethnic agitations and hate speeches are centered around getting a larger share of the national cake and appointments by the elites, Acting President Yemi Osinbajo has said. Speaking at the graduation ceremony of Senior Course 39 of the...

June 23, 2017 No Responses

Osinbajo implores NCP on ‘creative out-of-the box solutions’ for privatisation, commercialisation challenges

The Acting President, Prof Yemi Osinbajo has challenged the National Council on Privatisation (NCP) to come up with ‘creative out-of-the box solutions for addressing the numerous challenges facing the privatisation and commercialisation programme such as non...

June 22, 2017 No Responses

BPE to Lead Capital: Conclude equity investment in NCX within 60 days

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has given Lead Capital Consortium a deadline of 60 calendar days to conclude the strategic equity investment by the National Sovereign Investment Authority (NSIA) into the Nigeri...

June 22, 2017 No Responses

Ogbeh holds social media interaction, advises youths to embrace agriculture

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has advised youths in the country to embrace agriculture as he announced that the present administration would soon launched the “Invent Your Future” programme. The Minister gave the advic...

June 22, 2017 No Responses

SEC commends DMO, CBN, PENCOM on N100B Sukuk

The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) onarrangements to issue the maiden N100.0 Billion Sukuk in the Nigerian Capital Market. In a statement by the SEC “This is a major milestone for Nigeria as it wi...

June 22, 2017 No Responses

Bank of Industry seeks partnership with Edo State Govt

The Managing Director and Chief Executive Officer (MD/CEO) of Bank of Industry, Mr. Pitan Olukayode has indicated the bank’s interest to seek more areas of collaboration with the Edo government. Assuring of the bank’s readiness to support the initiative...

June 21, 2017 No Responses

Governors endorse peer advisory mechanism, targets zero hunger by 2030

Five state Governors in Nigeria have endorsed a peer advisory mechanism to enable them monitor the implementation of their state-grown agricultural plans with a view to ending hunger by 2030. The peer advisory mechanism is a brainchild of the Nigeria...

June 21, 2017 No Responses

UBA emerges financial brand of the decade

Foremost financial institution, United Bank for Africa (UBA) Plc has emerged Financial Brand of the Decade. The award ceremony, put together by Marketing Edge, is in recognition of UBA’s innovative and pacesetting role. Also, the award is a product...

June 20, 2017 No Responses

AfDB, UBA, Wema Bank, others to finance ABUAD projects

African Development Bank (AfDB) in collaboration with four Nigerian Banks have signed Memorandum of Understanding (MoU) to provide Project Finance facilities to Afe Babalola University (ABUAD), Ado Ekiti, for the execution of various projects under the Unive...