Invasion of the African Armyworm in the North Eastern part of the country is causing panic among farmers, with the Federal Government saying it needs N2.98 billion to check the pest nationwide.
Nigerians In Diaspora Remitted $19 Billion In 2016
According to information released by the Migration and Development Brief, Nigerians in the diaspora remitted $19 billion back home in 2016.
Govt. Planning $600m Investment For Mining Sector — Osinbajo
Acting President, Prof Yemi Osinbajo, has disclosed that the country’s mining sector will receive $600 million investment fund through the Nigerian Sovereign Investment Authority, the Nigerian Stock Exchange and others.
Nigeria’s Economy to rebound From July – Bankers’ committee
The Director of Banking Supervision, Central Bank of Nigeria (CBN), Mr Ahmed Abdullahi, on Thursday declared that the economy would record tremendous improvement by the third quarter of the year.
Stock Market Gains N659bn
Activities on the Nigerian Stock Exchange (NSE) remained on a bullish trend last week as equities gained N659 billion. With exception of Tuesday, the Nigerian equity market traded on bullish momentum all through the week under review. As such, the bullish run has been pushed into the third week in a row.
Kano Farmers Bemoan Unpaid Compensation, As Bird Flu Kills 13,000 Birds
Kano State Ministry of Agriculture has confirmed that the avian influenza (bird flu), killed no fewer than 13,000 birds in nine farms across the state.
NYSC Members To Get N100m Interest-Free Loans
National Youth Service Corps Members are to get N100 million interest-free loans as part of the Skills Acquisition and Entrepreneurship Development (SAED) unit of the scheme.
ExxonMobil, Others To Mentor 10,000 Youths
The fourth edition of ExxonMobil youth development programme, the National Basketball Association and Africare, is expected to empower 10,000 beneficiaries drawn from schools and vulnerable communities.
Forex Intervention: Expert Commend CBN, Call For Sustenance
Prof. Uche Uwaleke, a financial expert, has called on the Central Bank of Nigeria, (CBN) to sustained its intervention in the Foreign Exchange, FOREX, market, as the move is already manifesting positively in many sectors of the economy.
New Investors To Offset Arik Air’s AMCON Debts
There are Indications that owners of Arik Air which is currently under receivership have concluded arrangement to offset the airline’s debts to the Asset Management Corporation of Nigeria, AMCON, and other creditors.
CBN Offers Dollars At Special Rate To Manufacturers, Agric Biz, others
The Central Bank of Nigeria, CBN, has announced that Manufacturers, airlines, fuel importers and agriculture businesses will now be offered the dollars at a special market intervention.