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CBN introduces 37 different intervention programmes to help diversify Nigerian economy
CENTRAL Bank of Nigeria (CBN) officials have revealed that 37 intervention programmes have now been made available to local entrepreneurs and businesses as part of an ambitious plan to help revive the economy. Heavily dependent on crude...
Business
Attorney-general Malami drops plans to prosecute anyone using Twitter in defiance of government ban
NIGERIA'S attorney-general and justice minister Abubakar Malami has made a U-turn and rescinded his recent decision to prosecute any Nigerian who uses the Twitter social platform in defiance of the federal government's ban. Earlier this...
Business
Coca-Cola Foundation launches programmes to clean up plastic waste across Nigeria
COCA-Cola Nigeria has partnered with several non-profit organisations to reduce plastic pollution across the country launching a programme to clear up and recycle used bottles as part of a masterplan to clean up the environment Unveiled...
Business
Five Nigerian governors found to still be using Twitter despite federal government ban
AT least five Nigerian state governors are still using Twitter in defiance of the federal government's ban on the use of the social media platform across the country in response to its decision to delete a tweet by President Muhammadu...
Business
Our current ongoing constitutional review should make sure that there are statutory laws that compel us to end this dependency on one commodity
Ayo Akinfe Given that Nigeria's average revenue from crude oil exports totals about $50bn a year, four other sectors of the economy must each match this figure by the year 2025. They should be agriculture, manufacturing, tourism and solid...
Business
Ecowas neighbours step up plans to buy the excess power Nigeria generates but cannot distribute
NIGERIA'S neighbours within the Economic Community of West African States (Ecowas) are planning to buy up the country's unutilised power that is generated but not distributed due to bottlenecks in the transmission network. Reeling from...
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All Farmers Association of Nigeria warns of food shortages as a result of insecurity
AGRICULTURAL body the All Farmers Association of Nigeria (Afan) has warned of an impending food shortage in the country as a result of several factors including growing insecurity and the inability of growers to access loans and...
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World Bank lists Nigeria as one of three countries with largest electricity deficit worldwide
NIGERIA has been listed by the World Bank as one of the three countries on the planet with the highest rate of electricity deficit alongside Democratic Republic of Congo and Ethiopia as well as being among the top 20 countries that lacks access to...
Business