The Edo State Governor, Mr. Godwin Obaseki has said his administration will expend N12.8 billion in 2021 for payment of pension and gratuities. The governor, in a statement, reaffirmed his government’s commitment to the welfare of workers and pensioners in the state. Obaseki noted that as part of the commitment to the welfare of workers, […]
Trading
This category covers all news related Business & Finance
Access to loans: CBN favours farmers using improved, disease-free cassava varieties for lending loans
Access to loans: CBN favours farmers using improved, disease-free cassava varieties for lending loans The Central Bank of Nigeria (CBN) says only farmers who grow improved disease-free cassava stems will have access to the N25billion facility it has created to boost cassava production in the country. The policy aims at ensuring that beneficiaries of the […]
Africa’s economic giant Nigeria at a ‘critical juncture’
ABUJA— More than 200 million Nigerians will slide further into poverty as the coronavirus pandemic has sent oil prices tumbling and pushed Africa’s largest economy into recession. To many in oil-rich Nigeria, Saturday’s announcement of a recession was no surprise — even the president had warned a downturn was coming. The number of poor Nigerians […]
2021 Budget to be Passed in December – Senate President
The President of the Senate, Ahmad Lawan says the National Assembly will pass the 2021 budget of N13. 08 trillion by the second week of December.Lawan made this known while declaring open a retreat for members of National Assembly Management and Nation…
Obaseki allocates over 40,000 hectares to 6 firms for oil palm plantation
BENIN CITY – The Edo State Governor, Mr. Godwin Obaseki, has approved the allocation of over 40,000 hectares of land to six firms for oil palm cultivation.Obaseki who disclosed this to journalists in Benin City, said the step was in furtherance of the …
Recession: Financial expert seeks aggressive implementation of ESP
Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.Uwaleke, of the Nasarawa State U…
Govt, community, religious leaders meet in Ikpoba-Okha LGA over insecurity, as police deploys 877 new constables
As part of efforts to tackle rising insecurity to safeguard lives and property in Edo State, government officials on Monday met with traditional, religious and community leaders in Ikpoba-Okha Local Government Area (LGA) to chart a path on the new comm…
Obaseki to spend N11.3bn on healthcare sector in 2021
The Edo State Governor, Mr. Godwin Obaseki has earmarked N11.3bn to strengthen the state’s healthcare system and provide quality healthcare services to Edo people in 2021.While N1 billion will be expended on contribution to the State Health Insurance S…
How West Africa economic partnership deals put the cart before the horse
A free trade agreement, in its most basic sense, is an attempt by existing industries to find new markets. Their need to do this arises from industrialisation – that is, the process of developing sectors that attract high levels of protection in the in…
NSE Holds 59th AGM
The members of the Nigerian Stock Exchange (NSE) voted overwhelmingly today at its 59th Annual General Meeting ( AGM), a meeting which is expected to be its last as a mutual entity, to support the listing of the Nigerian Exchange Group Plc (NGXG) on …