Recently, the Minister of Finance and Budget & National Planning, Mrs Zainab Ahmed disclosed that the sum of N650bn has been released for capital projects in 2019, adding that the finance ministry plans to release up to N900bn for capital projects by the end of
No fewer than 30,000 farmers from Abia, Benue, Oyo, Ogun and Osun states will benefit from the training on the six steps to cassava weed management and best planting practices in November. The training is being organised by the International Institute of Tropical Agriculture (IITA),
Trading at the stock market resumed yesterday on a positive note as Cement Company of Northern Nigeria (CCNN) Plc led 17 other price gainers for the day. Gains by CCNN, Dangote Cement Plc and other bellwethers such as MTN Nigerian Communications Plc ,Nigerian Breweries Plc,
Climate change threatens to push millions of Africans into poverty by 2030 and unravel hard-won development gains. Many African countries have made significant development achievements in the last few decades with annual growth averaging 4.5%, but increasing weather, water, and climate risks threaten these gains. Transformative
The Chinese government has provided different assortments of agricultural equipment to the Ethiopian Ministry of Agriculture, as part of China’s efforts to support Ethiopia’s largely agrarian economy. The latest batch of agricultural equipment donated by the Chinese government are vital in the East African country’s
The Zimbabwe Energy Regulatory Authority (Zera) Monday announced new prices of fuel, a move that suggests government is moving towards Finance Minister Mthuli Ncube’s wish to have it in line with the interbank value of US$1. According to a Zera announcement early Monday, the new
Africa doesn’t need to follow the Asian development model focused on exporting manufactured goods to richer countries — it could become significantly better off simply by producing more of what it consumes at home, according to Bloomberg Economics. There’s huge potential for growth in intra-African commerce,
Helios Investment Partners LLP, the Africa-focused private equity firm, plans to raise a fund of about $1.25 billion to invest across the continent, according to people with knowledge of the matter. The London-based company, led by Tope Lawani and Babatunde Soyoye, is in talks with
New York’s banking regulators can proceed with their case to prevent fintech companies from acting like banks, a judge ruled Thursday. The regulators want to block the federal government from giving fintech companies national licenses that would allow them to pay consumers’ checks and lend
Commodity prices are the market values of the many raw materials of our world. Touching our everyday life, commodities include oil, natural gas, gold, silver, cattle, wheat, corn, and lumber. As well as the nearly 90 other assets that trade on commodity exchanges. For most