Numerous factors can make businesses decide to outsource or even engage a sub-contractor in their day-to-day activities. Results of many surveys indicate that some of the key reasons for this are the competence of the […]
By Mary Ugbodaga Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has defended the apex bank’s action in restricting the sale of foreign exchange (FX) to milk importers. He was speaking on Tuesday, […]
By Haleem Olatunji Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed to reduce the charge on customers using unstructured supplementary service data (USSD) to N6.98 for each transaction. In a joint statement […]
Apart from neglect of agricultural infrastructure by the government, non-availability of improved high-yielding cocoa seedlings, scarcity of other inputs such as agro-chemicals, old production technologies and climate change have been identified as impediments to increasing […]
The poultry industry players have lauded the intervention of the Federal Government, through the Central Bank of Nigeria (CBN), on the release of 50,000 metric tonnes of maize, to cushion the effect of the current […]
Flutterwave, an Africa-focused payments company, on Wednesday announced that it has secured $170 million from a leading group of international investors to expand its customer base in existing and international markets and to develop new […]
…represents 10 percent of total loan portfolio First City Monument Bank (FCMB) has grown its loan portfolio to the agriculture sector in Nigeria to N74.10 billion, representing 10 percent of the Bank’s total loans. This […]
The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a circular signed by Saleh Jibrin, CBN […]
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the new diaspora policy — “Naira 4 Dollar Scheme” — will make remittance transfer cheaper for Nigerians in the diaspora. Emefiele said this during […]
…We have adequate stocks, IPMAN, MOMAN, others By Udeme Akpan, Victor Ahiuma-Young, Obas Esiedesa & Prince Okafor Despite assurances, many oil marketers, yesterday, continued to sell petrol at an average of N170 per litre in […]
By Elizabeth Adegbesan THE value of electronic payment (e-Payment) transactions in Nigeria fell month-on-month, MoM, by 10 per cent to N19.9 trillion in January 2021, from N22 trillion in December 2020. Similarly, the volume of […]
Prices of fresh produce and food grains have skyrocketed in the southern states as traders from the north have been restrained from moving produce southwards. Residents of Oyo State, where the Shasa market crisis climaxed […]
Vice President Yemi Osinbajo has called for the regulation of cryptocurrency transactions in the country, saying banning it outright would not be a better idea. Mr Osinbajo made the remark while delivering a keynote address […]
• Promote bio-fortified maize, cassava value chains Bio-fortified Orange-Fleshed Sweet Potato (OSFP), yellow cassava and maize, all bio-fortified with Vitamin-A, is the nexus connecting the International Institute of Tropical Agriculture (IITA) and SANO Foods as […]
By Geoff Iyatse The Central Bank of Nigeria (CBN) sold a total of $10.3 billion at the foreign exchange (FX) market in the first half of last year, the 2020 half-year activity report released by […]
Ibrahim Maigari Ahmadu, Chief Executive Officer and co-founder of Livestock 247.com, explains modern ways of livestock production to avoid conflicts and low yield. FEMI IBIROGBA reports. • Says Nigerians should treat livestock as business The […]
By Haleem Olatunji Before venturing into digital assets, Adedayo Adebajo, managing director of Jelurida Africa DLT, a cryptocurrency trading platform, was unemployed. He started a career in crypto trading before rising through the ranks to […]
Mastercard says it will begin to accept cryptocurrencies on its network in 2021. In a blog post by Raj Dhamodharan, its executive vice president for digital assets, blockchain products and partnerships, the company said it is preparing […]
By Akin Monehin Napoléon Bonaparte, the French military and political leader who rose to prominence during the French Revolution in 1789, said, “there is one kind of robber whom the law does not strike at, […]
By Oluseyi Awojulugbe The International Monetary Fund (IMF) has advised the federal government to raise value-added tax to at least 10 percent by 2022. In a country focus article published on Monday, the IMF executive […]
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