AfDB, IFAD sign new pact to support 40 million African farmers, increase financing

Riding on the renewed zeal to ramp up agriculture and agro investment, African Development Bank (AfDB) and International Fund for Agricultural Development (IFAD) have signed a new memorandum of understanding (MoU) to extend funding to 40 million farmers and double their productivity. The letter of intent, which aims at increasing Pan-African agriculture funding campaign of […]

Read more

Experts x-ray Tinubu’s plan on exchange rates, subsidy

Unified rate will support growth, says Rewane • Local refineries must work’ Multiple exchange rates and the retention of petrol subsidy payment are unhelpful to the economy, finance and economic experts said yesterday. They called for urgent policy reforms and redirection of key monetary and fiscal policies to halt economic decline and boost productivity. The […]

Read more

Three banks drive sector’s 81.5% contribution to market turnover

Nigerian Exchange Limited (NGX). Photo/Facebook/ ngxgroup Three bank stocks – Sterling Bank Plc, Access Holdings Plc and Guaranty Trust Holding Company Plc (GTCO) – drove activities in the financial services sector of the Nigerian Exchange Limited (NGX) last week. The financial sector maintained its dominance in volume terms with 663.8 million shares valued at N5.5 […]

Read more

Concerns as government shrugs off key inflation drivers

‘Interest hike targets only 10 per cent of inflation cause’ Analysts worry about energy crisis in January as EU sanctions commence World Bank: Inflation stems from lack of commitment to reforms Food shortage continues to ring alarm bells Rigidity undermines effort to rev economies Economists are worried that key drivers of inflation are being sacrificed […]

Read more

Emefiele says no going back on cashless, withdrawal limits

Says Buhari supports policy Policy will affect SMEs, Abuja Chamber says We won’t be rigid on cash withdrawal limit — Emefiele Despite criticisms trailing the Central Bank of Nigeria’s (CBN) newly introduced policy on cash withdrawal limits, CBN Governor, Godwin Emefiele, has said the policy is not meant to hurt anybody but to strengthen the […]

Read more

TECNO hits another milestone in Dubai as it launches its flagship Phantom X2 Series

The MediaTek Dimensity 9000-powered, two-model series includes the world’s first smartphone to feature a retractable portrait lens comparable to a professional camera and delivers an exceptional user experience. TECNO’s premium sub-brand, PHANTOM, launched its new flagship PHANTOM X2 Series, including the world’s first smartphone to feature a retractable portrait lens comparable to a professional camera. […]

Read more

Snail farming: Agribusiness with huge potential most farmers ignore

Snail farming is one of the sustainable, money-spinning Agribusinesses that most Nigerians ignore. Also known as heliculture, snail farming is a process of raising edible snails for human consumption or cosmetic purposes. Snail is a common delicacy and healthy meat, credited with a very healthy source of protein, phosphorus, calcium and iron, and low in […]

Read more