China’s fresh $40bn investments in Nigeria

A drowning man, they say, will catch at a straw. This is what Nigeria is going through at the moment with the economy in recession. The President Muhammadu Buhari government is no doubt, looking everywhere for help. But, this should not be swallowed hook, line and sinker. DAVID AGBA reports The Chinese Foreign Affairs Minister, Wang Yi, recently disclosed More...

by Muhammed Adamu | Published 14 mins ago
By Muhammed Adamu On Monday, January 16th, 2017
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Deepening nutrition through agriculture

The federal government has re-inaugurated the inter-ministerial agriculture working committee on nutrition and food security. The 35-man committee is charged with working out modalities to mitigate malnutrition More...

By Muhammed Adamu On Monday, January 16th, 2017
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2016 records low food prices

Prices of major food commodities declined for the fifth year in a row in 2016, averaging 161.6 points for the year as a whole, some 1.5 percent below their 2015 levels. Bumper harvests and prospects for staple cereals More...

By Muhammed Adamu On Monday, January 16th, 2017
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FG re-launches cocoa producing revitalisation

Minister of Agriculture and Rural Development, Chief Audu Ogbeh has inaugurated the committee on the re-launched of the cocoa programme in Nigeria to ensure that Nigeria moves from her current position of number More...

By Muhammed Adamu On Thursday, January 12th, 2017
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Heritage Bank and FG’s diversification agenda

The economic recession may have offered an opportunity for the agricultural sector as the President Muhammadu Buhari’s administration has turned its focus on agriculture and solid minerals as a way out. The Central More...

By Muhammed Adamu On Wednesday, January 11th, 2017
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‘Multiple exchange rates scare investors’

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has called for a single exchange rate, saying the existence of multiple exchange rates was not good for investors confidence. More...

By Muhammed Adamu On Wednesday, January 11th, 2017
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FG warns power firms, says perform or quit

Electricity distribution companies must improve their services or be forced to quit, as the federal government will not hesitate to wield the big stick against them. The Minister of Power, Works and Housing, Mr. More...

By Muhammed Adamu On Wednesday, January 11th, 2017
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Power supply to improve soon – Fashola

 FG eyes 7000mw by December The federal government is optimistic that power generation and distribution will vastly improve this year especially as plans are afloat to commission the second phase of the solar project More...

By Muhammed Adamu On Wednesday, January 11th, 2017
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Nigeria edges Angola, reclaims Africa’s topmost spot

Stories by Patrick Andrew with agencies Nigeria produced 94,000 barrels of crude oil per day even before hitting the 2017 projected 2.2 million barrels daily production to edge Angola at the top of Africa’s leading More...

By Muhammed Adamu On Wednesday, January 11th, 2017
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end oversupply by Q3 – Platts

The agreement between OPEC and non-cartel oil producers to reduce supply would help draw down the huge global inventory build by the third quarter of this year, S&P Global Platts said in its Oil and Gas Outlook More...

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