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CBN: Only cassava farmers growing improved varieties will have access to N25 billion loan

The Central Bank of Nigeria (CBN) has said only farmers who grow improved disease-free cassava stems will have access to the N25 billion facility it has created to boost cassava production in Nigeria.
Wall Street's main indexes opened lower on Friday as rising infections overshadow positive vaccine news [Shannon Stapleton-Reuters]

Dow opens up 200 points on another jab of promising vaccine news

Wall Street’s main stock indexes pushed higher on Monday kicking off another week on a shot of positive vaccines news – this time from AstraZeneca and Oxford University.
The Oyo State chapter of Zenith Labour Party (ZLP) says Governor Seyi Makinde disappointed himself for failing to fulfil the promises made to the party few days to the 2019 gubernatorial election.

LAUTECH: I won’t sack Osun indigenes – Governor Makinde

Governor Seyi Makinde has promised not to sack Osun indigenes working in the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso.
The Oyo State chapter of Zenith Labour Party (ZLP) says Governor Seyi Makinde disappointed himself for failing to fulfil the promises made to the party few days to the 2019 gubernatorial election.

Governor Makinde: We can now restore LAUTECH’s lost glory

Gov. Seyi Makinde has declared that Oyo State now has the opportunity to restore the lost glory of the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market loses N265 billion on banks’ unimpressive Q3 results

The Nigerian Stock Exchange market indicators on Friday dropped further by 1.46 per cent due to unimpressive third quarter results released by some banks.
Nigeria is spending about $500 million annually on oil palm importation in order to complement existing gaps in the sector, Benard Okata, deputy director, department of agriculture in the Federal Ministry of Agriculture and Rural Development has said.

Nigeria spends $500 million on oil palm importation annually – official

Nigeria is spending about $500 million annually on oil palm importation in order to complement existing gaps in the sector, Benard Okata, deputy director, department of agriculture in the Federal Ministry of Agriculture and Rural Development has said.
Saudi Energy Minister Abdelaziz bin Salman said on Tuesday that major oil countries might have to adapt their current production strategy in the face of the resurging pandemic.

OPEC+ mulls oil output tweak amid second wave of pandemic

Saudi Energy Minister Abdelaziz bin Salman said on Tuesday that major oil countries might have to adapt their current production strategy in the face of the resurging pandemic.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Lagos chamber advises central bank on tackling inflation

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices.
Global benchmark Brent crude rose 4.2 percent while US WTI jumped 4.6 percent after Moderna became the latest drug firm to release promising trial data on a COVID-19 vaccine.

Oil jumps 4 percent on upbeat coronavirus vaccine news

Global benchmark Brent crude rose 4.2 percent while US WTI jumped 4.6 percent after Moderna became the latest drug firm to release promising trial data on a COVID-19 vaccine.
Moldova heads to the polls on Sunday for the second round of a tightly contested presidential election pitting a pro-European challenger against the country’s Moscow-backed incumbent.

Moldova torn between Russia and West in presidential run-off

Moldova heads to the polls on Sunday for the second round of a tightly contested presidential election pitting a pro-European challenger against the country’s Moscow-backed incumbent.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Nigerian government endorses digital identity for displaced persons

The Federal government has approved digital identity for Internally Displaced Persons, IDPs and also Centre for Digital Innovation and Entrepreneurship.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Electronic transaction volumes increased 67 percent during lockdown

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said that electronic transaction volumes increased by about 67 per cent during the COVID-19 lockdown with increased transactions at agent networks.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Broadband penetration hits 45.43 percent in Nigeria

The Minister of Communications and Digital Economy, Dr Isa Pantami, says broadband penetration in Nigeria increased to 45.43 per cent in October.
As is often the case with newly launched game consoles, the PlayStation 5 doesn’t support every feature you might have hoped for out of the box.

Sony addresses PS5’s lack of web browser and 1440p support

As is often the case with newly launched game consoles, the PlayStation 5 doesn’t support every feature you might have hoped for out of the box. In an interview with Japanese outlet AV Watch, Sony EVP Masayasu Ito and SVP Hideaki Nishino have addressed some of the functionality that won’t be there at launch.

IMF: Sub-Saharan Africa economy will recover by 3.1% in 2021

The International Monetary Fund (IMF), says economic activity in sub-Saharan Africa is projected to recover by 3.1 per cent in 2021 after declining by 3.0 per cent in 2020.
Governors of 36 states of the federation and Heads of Federal Government agencies have agreed to work together to tackle the novel Coronavirus pandemic ravaging the world. 4

Coronavirus: Nigeria’s economy fragile, vulnerable – NEC

The National Economic Council (NEC) on Thursday received the report of the Presidential Economic Advisory Council (PEAC) on the impacts of Coronavirus disease on the Nigeria’s economy.
President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 12th Dec 2018-4

Muhammadu Buhari to receive presidential panel report on AfCFTA January

President Muhammadu Buhari will in January 2019, receive the report of the Presidential Steering Committee on the African Continental Free Trade Area (AfCFTA) Impact and Readiness Assessment.

Recent Stories

Afenifere: Nigeria becoming ungovernable

Pan-Yoruba sociocultural group, Afenifere, on Thursday declared that Nigeria is on the brink of collapse, insisting that the country must restructure to survive the near precipice.
Abdullahi Umar Ganduje

Kano governor orders compulsory drug test for council election contestants

Governor Abdullahi Ganduje of Kano State has directed all cleared contestants in the forthcoming local government elections scheduled to hold January 16 to be subjected to a compulsory drug test.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 5

Senator Lawan urges South Africa to secure business interests of Nigerians

President of the Senate Ahmad Lawan has urged the South African authorities to reciprocate Nigerian Government’s gesture by ensuring that business interests of Nigerians in South Africa are secured.
Chairman of the Independent National Electoral Commission, Prof Mahmood Yakubu

INEC chief wants Senate to accelerate Electoral Act amendment

The nominee for the position of Chairperson for the Independent National Electoral Commission (INEC), Mahmood Yakubu, has appealed to the National Assembly to expeditiously pass the Electoral Act Amendment Bill before the end of first quarter of 2021.
Zlatan Ibrahimović has signed a new one-year deal to stay with Milan for the 2020-21 season.

Swedish FA: Zlatan Ibrahimovic in talks about restarting international career

Zlatan Ibrahimovic is in talks with Sweden head coach Janne Andersson about a potential return to the national team, the Swedish Football Association said Thursday.