Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss
Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has outlined a blueprint for building a resilient Nigerian economy, calling for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Alawuba made the call […]
UNIDO, German firms partner to reduce food losses in Nigeria
The United Nations Industrial Development Organisation, UNIDO, is collaborating with Food Processing and Packaging Machinery of the German Engineering Federation (VDMA) to reduce the level of post harvest food losses in Nigeria.
Honeywell plans N10bn expansion
Honeywell Flour Mills Plc has disclosed plans to invest N10 billion on the company’s new Agro-Allied Industrial Complex as part of efforts to develop the company’s production capacity.
Agriculture lending in Nigeria is growing — Adesina
By JIMOH BABATUNDE The successes recorded in the agricultural sector under the Agriculture Transformation Agenda (ATA) have led to increased lending to the sector by banks within and outside the country. The Minister of Agriculture, Dr. Akinwumi Adesina, disclosed that agricultural lending as a share of total bank lending rose from 0.7 % to 5% […]
PENCOM to extend CPS to informal sector
The National Pension Commission, PENCOM, has announced plans to extend the Contributory Pension Scheme, CPS, to the informal sector of the economy, in the next couple of months.
Nigeria, Belgium trade hits N400bn
Trade between Nigeria and Belgium currently stands at N400 billion, according to the Belgian Ambassador, Mr. Dirk Verheyen.
