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Oil recovery waits for international flying to return

Jet fuel consumption remains the hardest hit section of the global oil market as passengers avoid air travel as a result of the pandemic and government travel restrictions. The specific problems of the jet market explain why refinery margins for closely related distillates such as

Maize farmers to support FG’s food security drive

The Maize Association of Nigeria(MAAN), on Monday, pledged to continually support the Federal Government’s Agricultural policies and programmes. The National President of the association, Bello Abubakar, made the pledge in an interview with journalists in Abuja. According to Mr Abubakar, the association will support the government

AfDB Harps on Support for SMEs

A panel of some of Africa’s most promising small and medium-enterprise (SME) agri-preneurs gathered online to call for more selective investment, accelerated business acquisitions and increased cooperation to help Africa feed itself and the world. The African Development Bank (AfDB) organised the virtual session titled:

Mid–crop harvest: What cocoa farmers are saying

Agriculture was the mainstay of Nigeria’s economy before the discovery of crude oil. From 1960 to 1969, the sector accounted for an average of 57.0 per cent of GDP and generated 64.5 per cent of export earnings. From 1970 to the late 2000s, the sector’s

ECOWAS donates 3.4 metric tonnes worth of cereals to Nigeria

The Economic Commission of West Africa States (ECOWAS) in conjunction with its donors and financial partners has donated 3.399 metric tons worth of cereals as humanitarian assistance to support the most vulnerable populations affected by the COVID – 19 pandemic. This was disclosed in a statement on

Nigerian oil agency under scrutiny for missing billions

Investigators are looking for billions of dollars in missing or stolen funds from a Nigerian agency created to develop the oil-rich but impoverished Niger delta. Like the rest of the nation’s opaque oil sector, officials say the Niger Delta Development Commission (NDDC), based in the