FG secures ¥15b loan from Japan boost agricultural projects Wale Edun, minister of finance and the coordinating minister of the economy, says the federal government has received the sum of ¥15 billion from the Japanese International Cooperation Agency to support the country’s national agricultural scheme project. Edun spoke while addressing[Read More…]
Nigeria moves to intervene as farmers lose N12bn to ginger blight epidemic The federal government has confirmed the outbreak of ginger blight epidemic in four states across Nigeria, adding that farmers have lost over N12bn due to the disease. Minister of state for agriculture and food security,[Read More…]
Judge reduces Donald Trump’s Bond in civil fraud appeal to $175m Former President Donald Trump has 10 days to post $175 million in bond after a New York judge agreed to reduce the bond payment in his civil fraud appeal on Monday. Before the judge’s ruling, Trump was due to[Read More…]
ONSA confirms escape of Binance executive, notifies INTERPOL Zakari Mijinyawa, the head of strategic communication at the Office of the National Security Adviser (ONSA), has provided an update regarding the escape of Mr. Anjarwalla from Nigeria using a smuggled passport. According to Mijinyawa’s statement, preliminary investigations have revealed that[Read More…]
Nigeria seeks joint West Africa regional protection of undersea cables Nigeria has called for a coordinated and multilateral approach by the West African region to protect shared telecommunications infrastructure and diversify connectivity to ensure uninterruptible connections. Nigeria made the submission following the recent undersea cable cuts that challenged connectivities[Read More…]
FG files tax evasion charges against Binance The federal government has filed a criminal charge against Binance, a popular cryptocurrency platform, for “tax evasion”. In a statement on Monday says the charge was filed before the federal high court in Abuja on March 25 by the Federal Inland Revenue Service[Read More…]
Edun seeks int’l financial system reforms to support SDGs Wale Edun, minister of finance and coordinating minister of the economy, says the international financial architecture ought to be structured to proactively support the implementation of the sustainable development goals (SDGs). Edun spoke on Tuesday at the launch of the UNDP[Read More…]
CBN lifts FX Restrictions on Dairy Products The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products. On February 11, 2020, the CBN had added milk and dairy products to the list of items not eligible for forex. However, in a[Read More…]
Tony Elumelu Foundation set to announce Flagship Entrepreneurship Programme The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, is set to announce its 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. In a statement on Thursday, Elumelu said the announcement will[Read More…]
Subsea Cable Cut: Services fully restored, says MTN Following subsea cable disruptions on Thursday, Bayobab Group, a subsidiary of MTN Group, has announced the successful restoration of its operations. The telecom operator disclosing this on Tuesday in a statement said its subsidiary demonstrated its capabilities by swiftly recovering over 3[Read More…]
