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The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021.
On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.
In commemoration of the International Day for the Elimination of Violence Against Women 2020, the ActionAid Nigeria (AAN), has urged the Federal Government to enact and enforce laws and regulations aimed at eliminating and preventing all forms of gender-based violence and harassment in the world of work, including informal work.
The Director General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi, has advocated for integration of digital technology to boost Nigeria’s agricultural sector.
Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.
Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.
An agritech focussed company, Farmcrowdy Limited (FC), says it is committed to impact 25,000 farmers across Nigeria through its Structured Financing of N5.7 billion.
Senate President Ahmad Lawan has warned that Nigeria may not escape another mass demonstration in the mode of #EndSARS protest if the Federal Government fails to effectively address youth unemployment.
President Muhammadu Buhari has reiterated that his administration is very keen on reviving the agriculture sector in order to meet local food demand; and diversify an economy that has been too reliant on crude oil proceeds.
The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.
The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the COVID-19 pandemic and mitigate its socio-economic impact on the nation.
Mr Abdulrahman Ayuba, Coordinator, Public Financing of Agriculture (PFA) Project, funded by ActionAid Nigeria, has advocated public participation in budgeting for agriculture in Kwara.
The Federal Executive Council (FEC) has approved a revision of the 2020 Budget from N10.594 trillion to N10.523 trillion, reflecting a N71.5billion downward review.
In Nigeria’s Benue state, the food basket of the country, Mercy Yialase, sits in front of her idle rice mill. Demand is high across the nation, but she already has mounds of paddy rice that are going nowhere amid the COVID-19 lockdown.
Despite the directives of the Federal Ministry of Labour and Employment, and the Nigerian Labour Congress (NLC), the Agriculture and Allied Employees Union of Nigeria (AAEUN) and the Agriculture and Allied Workers Union (AAWUN) are yet to resolve it differences.
The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.
President Muhammadu Buhari has ordered the Statistician-General of the National Bureau of Statistics, Dr. Yemi Kale, to correct the high unemployment statistics and reflect the rising rate of employment in the agriculture sector.
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Top officials of the UN have underlined the dangers of nationalism in the response to the global coronavirus (COVID-19) pandemic.
Dr Joe Nworgu, former Secretary General of Ohaneze Ndigbo says Ohaneze might lose its potence as voice for Igbos if politicians are allowed to interfere in the January 2021 elections.
Low economic indicators are the main reasons why Boko Haram activities and other related crimes have been on the rise lately in the northeast of Nigeria, a new research group has stated.
The FCT Minister, Malam Muhammad Musa Bello, has received the report of the Ministerial Committee set up to assess losses and damages occasioned by the #EndSARS unrest in the territory.
Enyimba FC of Aba will on Sunday host Rahimo of Burkina Faso in the second leg of the preliminary round of the 2020/21 CAF Champions league.
Foremost cereal brand, Kellogg’s, has announced that it has started accepting entries for the second edition of its flagship children scholarship scheme “Kellogg’s Superstars contest”.
At least 43 people have been killed in what the Nigerian president has described as an "insane" attack in north-east Nigeria on Saturday.
A firm, Nacenn Nigeria Limited, has filed a petition against Prof. Yemi Akinseye-George, SAN, before the Chief Justice of Nigeria, CJN/Chairman of the Legal Practitioners Privileges Committee, LPPC, and the Nigerian Bar Association, NBA.
The Minister of Information and Culture, Alhaji Lai Mohammed, has refuted social media reports that he said “Nigeria is at the mercy of Boko Haram.”
Anthony Fauci, the U.S. infectious diseases expert, criticised UK regulators on Thursday for the swift approval of the Pfizer vaccine against COVID-19, a day after that approval was announced in London.