Trading

The Kaduna State House of Assembly has passed into law the budget of its 23 local government areas with an increment of 17 percent. This was made known during today’s plenary session by the speaker of the house, Rt. Hon. Yusuf Ibrahim Zailani of Igabi Constituency. According to the chairman house committee on budget and […]

The Edo State Governor, Mr. Godwin Obaseki, has assured that the N100bn investment in the state’s oil palm sector by seven oil palm investors under the Edo State Oil Palm Programme (ESOPP) Investors Group, will further strengthen the smallholder farmers’ scheme in the state, in furtherance of the government’s vision to make agriculture the mainstay […]

The International Monetary Fund (IMF) has approved the disbursement of a three-year financing package of US$2.34bn for Kenya.   This package is to support the East African country’s pandemic response and economic reform program; help reduce debt vulnerabilities; address weakness in State-owned enterprises; and support anti-corruption framework.   Source: Voice of Nigeria

The French Government has contributed about 6million Euros to the World Trade Organization (WTO) to help build the trading capacities of developing and least developed countries.   The French Finance Minister Bruno Le Maire and Minister Delegate for Foreign Trade Franck Riester confirmed the contribution at a signing ceremony with WTO Director-General Ngozi Okonjo-Iweala held […]

Mr Oscar Onyema has completed his tenure as the the Chief Executive Officer of the Nigerian Stock Exchange (NSE).   A new non-operating holding company, the Nigerian Exchange Group (NGX Group) with three operating subsidiaries has been created, following a demutualization process by the NSE.   In demutualization, an Exchange is converted from a company […]

The Federal Executive Council (FEC) presided over by Nigeria’s Vice President, Yemi Osinbajo has approved about $26m  for various power projects in Borno, Yobe and Adamawa States. Minister of Power, Sale Mamman, made this known to State House correspondents at the end of the Council meeting in Abuja on Wednesday. He said; ”the $1.62m of the amount ($26m) […]

The Edo State Governor, Mr. Godwin Obaseki, has signed a Memorandum of Understanding (MOU) worth nearly N100bn with seven oil palm investors under the Edo State Oil Palm Programme (ESOPP) Investors Group, to boost oil palm production and rejuvenate the sector for global competitiveness. Other top government officials who witnessed the signing of the deal at […]

BENIN CITY – The Edo State Governor, Mr. Godwin Obaseki, has signed a Memorandum of Understanding (MOU) worth nearly N100bn with seven oil palm investors under the Edo State Oil Palm Programme (ESOPP) Investors Group, to boost oil palm production and rejuvenate the sector for global competitiveness.   Other top government officials who witnessed the […]

Nigeria’s Vice President, Prof. Yemi Osinbajo, said on Tuesday that a major strength of the Nigerian economy lies in the innovation and entrepreneurship of its young people. He said it is a key reason why the Buhari administration is focused on supporting small businesses and the innovative ideas of young Nigerians. Prof. Osinbajo stated this […]

BENIN CITY – The Edo State Government has banned all forms of forest exploitation in the state.   Secretary to the State Government, Osarodion Ogie Esq, in a statement, said the governor gave the directive as part of efforts to curb deforestation and protect the state’s forest assets.       He noted, “It is […]