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Economic Growth

Heritage Bank, GEZAWA set to transform Nigeria’s agric sector

The Nigerian agricultural sector is set to witness a huge growth, as Heritage Bank Plc the lead settlement bank for Gezawa Commodity Market (GCMX) has collaborated with key stakeholders to revolutionise agricultural value-chain, aimed at providing fully integrated ecosystem for commodity Exchange.
Adegboyega Oyetola

US lauds Osun’s health intervention, pledges investment partnership

The United States of America has commended the administration of Governor Adegboyega Oyetola of Osun State over its commitment to revitalise the State’s health sector.
Nigeria overtakes South Africa as Africa’s biggest economy. As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy.

Nigeria becomes Africa’s largest economy, overtakes South Africa

Nigeria’s economic growth beat forecasts in the fourth quarter, helping its economy to expand the most in four years in 2019 as oil output increased and the central bank took steps to boost credit growth. GDP in the West African country stood at $476 billion or $402 billion, depending on the rate used. =

Guinea to vote on new constitution after months of unrest

Guineans will be called to vote Sunday on whether to adopt a new constitution, after months of protests sparked by charges that it is a trick by President Alpha Conde to stay in power.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Dangote supports Nigeria’s border closure policy

Dangote Cement Plc will soon boost its export sales as it prepares to inaugurate its Apapa, Lagos, export terminal. This will be followed by Onne, Rivers State, export terminal. The company disclosed this while commenting on its future plans following the release of its 2019 financial results.

Togo election: President’s camp claims victory, challenger disagrees

Supporters of Togo President Faure Gnassingbe claimed Sunday that he had won re-election after his main challenger said he could stage an upset despite “revelations of fraud”.
Lagos State Commissioner for Agriculture, Prince Gbolahan Lawal has urged franchisees operating in the red meat value chain in the State to put in place necessary protocols in order to ensure that their meat is wholesome and fit for human consumption.

Lagos set to launch maiden Eko City farmers’ market

A new farmers’ market where Lagosians can buy fresh farm produce at farm gate prices will open at Tafawa Balewa Square (TBS) next Sunday.
US Secretary of State Mike Pompeo said he had spoken to Turkey's Foreign Minister Mevlut Cavusoglu, but did not elaborate on how the protections would be achieve [Anadolu]

US top envoy Mike Pompeo makes first trip to Africa

The United States is discussing military cuts in Africa, has tightened visa rules for Africans and President Donald Trump notoriously was quoted as disparaging the continent with a vulgar epithet.
Mr Asuquo Ekpenyong, Cross River Commissioner for Finance, says the state government has commenced agro-industrial revolution through its Green Money (G-Money) policy.

Cross River begins agro-industrial revolution through G-money policy – Commissioner

Mr Asuquo Ekpenyong, Cross River Commissioner for Finance, says the state government has commenced agro-industrial revolution through its Green Money (G-Money) policy.

Six governors, others for NEXIM South-South enlightenment campaign

The Nigerian Export-Import Bank (NEXIM) will hold a three-day enlightenment and engagement programme in Asaba, the Delta State capital, for the six states in Nigeria’s South-South.
Malta’s ruling Labour Party was due Saturday to elect a new leader, with the winner set to take over as prime minister from incumbent Joseph Muscat.

Malta’s ruling party elects new leader

Malta’s ruling Labour Party was due Saturday to elect a new leader, with the winner set to take over as prime minister from incumbent Joseph Muscat.
The Lagos State Commissioner for Energy and Mineral Resources, Olalere Odusote, has said the state administration is desirous of creating enabling environment for oil companies in the state in line with its campaign for ease of doing business.

Energy sector important to Lagos – official

The Lagos State Commissioner for Energy and Mineral Resources, Olalere Odusote, has said the state administration is desirous of creating enabling environment for oil companies in the state in line with its campaign for ease of doing business.

World Bank predicts 2.1 percent growth for Nigeria’s economy

Nigeria’s economy will grow by 2.1 per cent for three consecutive years covering 2020, 2021 and 2023, the World Bank has predicted.

2020: Benue governor charges Nigerians on peaceful coexistence

Governor Samuel Ortom of Benue state has urged Nigerians to rededicate themselves to the cause of promoting peaceful coexistence and pray for the leadership of the country under President Muhammadu Buhari.
All Progressives Congress (APC) Nigeria

APC urges Nigerians to imbibe Christ’s virtues

The All Progressives Congress (APC) has enjoined Christians and all Nigerians to imbibe the lessons of the birth of Jesus Christ to rededicate themselves for the greatness of the country.

Moody’s downgrades Nigeria over huge debt

As the Federal Government is seeking the approval of the National Assembly to borrow about $30billion, the global financial ratings company, Moody’s Investors Service, has attributed its downgrade of the country’s rating to negative from stable as a result of the nation’s bloating debt profile.

China pledges to invest in Nigeria’s infrasrtucture, deepen bilateral relations

Mrs Guo Cui Duo, Vice President of Hebei Federation of Industry and Commerce, China, has promised to partner Nigeria through investment in infrastructure to deepen relations between both countries.

CITN: Apathy causes outcry against new tax regime

The President of Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, has blamed Nigerians’ outcry against the new tax regime on long period of apathy and lack of focus to make taxation the bedrock of government’s revenue mobilisation.

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National Public Health Reference Laboratory in Gaduwa, Abuja - NCDC - Coronavirus - Covid-19 -- 1

Nigeria records 22 new coronavirus cases, total now 276

The Nigeria Centre for Disease Control (NCDC) said on Wednesday evening that fifteen of the cases are Lagos, four in FCT, two in Bauchi and one is Edo
Following the arrival of the 15-member Chinese medical team, the Nigerian Medical Association (NMA) and the National Association of Resident Doctors of Nigeria (NARD) have declared they will not allow the Chinese attend or touch any patient.

Chinese medics can’t attend to our patients – Nigerian doctors

Following the arrival of the 15-member Chinese medical team, the Nigerian Medical Association (NMA) and the National Association of Resident Doctors of Nigeria (NARD) have declared they will not allow the Chinese attend or touch any patient.

Coronavirus: Doctor’s death in Katsina causes panic in Kogi

There was palpable panic on Wednesday in Kogi when the news of the death of a medical doctor in Katsina who was an indigene of the state filtered into the state.

NUPENG seeks justice over killing of Abia petrol station worker

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has expressed outrage over the killing of one of its members, Chibuisi Chikezie Okameme, aged 26, a petrol station worker in Abia State, on April 5.
Residents of parts of Port Harcourt were forced off the streets on Tuesday by security personnel as Gov. Nyesom Wike imposed a dusk to dawn curfew in parts of the state.

Rivers governor dares federal government, declares Carveton helicopters ‘persona non grata’

The Rivers State Government has shut down Carveton Helicopters in the state for endangering the lives of Rivers people over what it tagged as “suspicious operation of the company in the state.”