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The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Border closure, forex restriction’ll boost capital market – minister

The Minister of Industry, Trade and Investment, Niyi Adebayo, has said the gains being recorded from the border closure and the foreign exchange restriction on 44 items will increase domestic business’ activities and make the capital market more active.

$60 billion forex cash keeps Naira stable for 29 months – central bank chief

The $60 billion inflows from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has contributed to the sustained stability of the naira against world currencies for the last 29 months, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said.
Adamawa State House of Assembly

Adamawa governor submits ‘budget of hope’ to state assembly

Governor Ahmadu Umaru Fintiri of Adamawa State has presented a proposed budget of N183.36 billion for 2020 fiscal year to the state House of Assembly
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

UNIDO: AfCFTA veritable platform for Africa’s industrialisation agenda

The African Continental Free Trade Area (AfCFTA) agreement will provide a new impetus to the continent’s industrialization agenda through increased intra-African trade.
An economist, Prof. Sheriffdeen Tella, has urged the Federal Government to pursue policies that would drive manufacturing and construction sectors to sustain the country’s Gross Domestic Product (GDP) growth.

GDP: Economist tasks federal government on policies in manufacturing, construction sectors

An economist, Prof. Sheriffdeen Tella, has urged the Federal Government to pursue policies that would drive manufacturing and construction sectors to sustain the country’s Gross Domestic Product (GDP) growth.
Winners have emerged at the 6th All Africa Music Awards, AFRIMA, held on Saturday, November 23, 2019, at the Eko Convention Centre of Eko Hotels and Suites, Victoria Island, Lagos, Nigeria. Lai Mohammed

Lai Mohammed: People who use music must pay for it

The Federal Government says as the nation heads into year 2020, “the successful commercialisation of the Creative industry” will be its number one priority.
Winners have emerged at the 6th All Africa Music Awards, AFRIMA, held on Saturday, November 23, 2019, at the Eko Convention Centre of Eko Hotels and Suites, Victoria Island, Lagos, Nigeria. Lai Mohammed

Minister reveals federal government’s plan for creative industry

The Federal Government says as the nation heads into the year 2020, “the successful commercialisation of the Creative industry” will be its number one priority.
National Bureau of Statistics NBS

NBS: Nigeria’s GDP grew in third quarter 2019

The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 2.28 per cent (year-on-year) in real terms in the third quarter of 2019.

Nigeria’s GDP grows by 2.28% in third quarter of 2019

Data made available by the National Bureau of Statistics (NBS) shows that Nigeria’s gross domestic product (GDP) grew by 2.28% in the third quarter of 2019.
President of the Senate, Ahmad Lawan, presiding over the plenary in the upper chamber on Thursday, 3rd October, 2019.

Senate seeks tax holiday for agriculture, mining investors

The Senate on Thursday urged the Federal Government grant tax holidays to investors in the solid minerals sector to enhance investment.
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Federal government to lift 100 million Nigerians out of poverty through diversification of economy

The Federal Government through the Ministry of Mines and Steel Development is committed to lifting about 100 million Nigerians out of poverty in the next 10 years through the diversification of the economy from crude oil to solid minerals exploration and exportation.
Kayode Fayemi

Governor Fayemi: Federal government to support artisanal mining operators

Dr. Kayode Fayemi, Ekiti State governor, has hinted that the Buhari-led Federal Government was giving a lot of attention to the mining sector, in addition to the support from development partners.
Kayode Fayemi

Ekiti governor, minister seek stakeholder buy-in for mining sector

Ekiti State Governor Kayode Fayemi and the Minister of Mines and Steel Development, Olamilekan Adegbite, have called for stakeholders’ buy-in for the exploitation of economic opportunities in Nigeria’s mining sector.
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti governor advocates increased budgetary allocation to solid mineral sector

Gov. Kayode Fayemi of Ekiti State has called for increased budgetary allocation to the solid mineral sector to promote growth.
WaterAid

WaterAid: 50 per cent of schools in Nigeria lack basic water, sanitation facilities

An international non-governmental organisation, WaterAid Nigeria, has said that 50 per cent of all schools in Nigeria do not have basic water and sanitation facilities.
A pro-democracy protester throws a fire bottle towards riot police during a rally against police brutality in Hong Kong, China, 27 October 2019 Lynn Bo Bo-EPA

Hong Kong falls into first recession in a decade

Hong Kong slid into recession for the first time in a decade in the third quarter, weighed down by increasingly violent anti-government protests and the protracted U.S.-China trade war.
National Bureau of Statistics NBS

NBS: Service sector contributed N1.2 trillion to Edo’s GDP in 2017

The Nigeria Bureau of Statistics (NBS) has said that Edo state’s service sector contributed N1.2 trillion to its N2.3 trillion Gross Domestic Product (GDP) in 2017.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank lifts creative industry with N20 billion facility

Access Bank Plc has announced the disbursement of N20 billion loans to beneficiaries in the entertainment industry under the Creative Industry Financing Initiative (CIFI) of the Central Bank of Nigeria. The fund, which represents the first tranche of the loans, was made accessible to the borrowers in the sector.

Recent Stories

Popular Nigerian musicians, Teni, Mr Eazi, and Burna Boy have been nominated alongside Cardi B, Drake and Nipsey Hussle for the 2019 BET awards.

Review: Teni’s music personality evolution draws mixed feelings

Popular singer Teniola Apata, a.k.a Teni as a songwriter and an entertainer has evolved in character and so has her music in the last year.

Abia sets up committee to verify NDDC projects in the state

Abia State government will on Monday in Umuahia, the state capital inaugurate a committee that will verify ongoing and completed projects of the Niger Delta Development Commission (NDDC) across the 17 local governments in the state.
Co-founder of Global Citizen, Michael Sheldrick, during: “Global Goal Live: Nigeria Policy Forum,” in Lagos on Thursday noted that the movement has created millions of positive citizens’ actions across the world to hold leaders accountable in the fight against hunger and poverty.

Global Citizen mobilises private sector philanthropy to end poverty improve healthcare

In line with the United Nation’s agenda to end extreme poverty by year 2030 under the Sustainable Development Goals, Global Citizen, a global movement for citizen-led actions to eradicate poverty and improve human living conditions, is working with the Nigerian private sector to harness resources to achieve the objective of ending poverty.
The Peoples Democratic Party (PDP) on Friday in Abuja, congratulated Gov. Nyesom Wike of River, over the Supreme Court judgement that affirmed his election.

More pensioners enrolled into Rivers state monthly payroll

Following the completion of their bio-metric data capture, Rivers Governor, Nyesom Wike has approved the inclusion of 2,673 additional retirees into the monthly pension payment scheme of the State Government.
Arsenal first-team operations manager Ameesh Manek has been charged with improper conduct by the FA for his behaviour during Sunday's defeat to Crystal Palace.

Arsenal announce £30 million loss in matchday revenue after publishing annual accounts

As reported by The Mirror, having previously posted a pre-tax profit of £97.4million, Arsenal have now revealed a pre-tax loss of £23.5million, with matchday revenue going down to £69million.