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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:

Debt Shakeout Poised to Make FAANG, Giant Retailers Even Bigge

The coronavirus recession is generating winners and losers in corporate America, with cash-rich behemoths set to get bigger while debt-heavy companies and the economy lag. Slammed by the now-ending economic and social lockdown, a growing number of enterprises are filing for bankruptcy or closing up

Petroleum products pricing: PPPRA engages CBN on Forex

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is engaging the Central Bank of Nigeria (CBN) to determine the applicable foreign exchange rates for the importation of petroleum products into the country. The PPPRA Executive Secretary, Abdulkadir Saidu, said in a statement issued in Abuja on Monday

COVID-19: FG reduces price of fertilizer for farmers

The Federal Government has reduced the price of NPK fertilizer from N5,500 to N5,000 per 50kg bag, Governor Muhamad Badaru of Jigawa, who is the Chairman, Presidential Fertilizer Initiative (PFI), has announced Mr Badaru told journalists on Wednesday in Dutse that the gesture was part

FG earned N5.04tn from oil in 11 months – CBN

Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of Nigeria have revealed. The oil revenue, according to the CBN economic report for November, was lower than the N8.77tn revenue target