NIGERIA'S economy recorded a minute growth in gross domestic product (GDP) during the fourth quarter of 2020 witnessing a 0.11% rise in year-on-year wealth to N43.5trn ($113.45bn) .
Over the last year, the Nigerian economy has been hit...
Ayo Akinfe
(1) For starters Niger State has the largest landmass in Nigeria with 76,363 km2. This is more than double the whole of the southeast geo-political zone with its 29,525 square kilometres and almost as much as the entire 79,665 square...
NIGERIAN Football Federation (NFF) officials have approved a proposal by UK global information and communication technology service company AJ Consult to embark upon the digitalisation of all its operations.
Formally launched in 1945...
NIGERIA'S federal government is set to borrow $1.2bn from the Dutch Bank and the Development Bank of Brazil as part of an ambitious plan to provide capital for investment in mechanised agriculture across the country.
Heavily dependent...
Ayo Akinfe
(1) Investment in agriculture, acquaculture and animal husbandry
(2) Investment in power generation
(3) Manufacturing of consumer goods
(4) Production of industrial goods
(5) Food processing
(6) Steel processing
(7)...
BRITAIN'S government has approved the investing of $150m in a new waste-to-energy plant in Lagos State as part of an ongoing collaborate programme between the country and Nigeria aimed at exploiting the commercial benefits of clean...
NIGERIA'S attorney-general Abubakar Malami has advised President Muhammadu Buhari to establish a special agency dedicated to the animal husbandry industry and monitor the activities of Fulani cattle herdsmen.
Over recent years, the...
Ayo Akinfe
We are shamelessly a net importer of milk at the moment. In 2019, Nigeria only produced a paltry 523,599 tonnes of milk domestically.
We consume about 1.3bn tonnes of milk annually, so spend between $1.2bn and $1.5bn annually to...
Ayo Akinfe
(1) If you ask me, having Ngozi Okonjo-Iweala as the head of the World Trade Organisation (WTO) makes it imperative that Nigeria becomes a serious player in the global economy. It is highly embarrassing that Africa accounts...
FORMER finance minister Dr Ngozi Okonjo-Iweala has officially assumed office as the director-general of the World Trade Organisation (WTO) after the body's general council confirmed her appointment as a special meeting today.
During the...