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18 Bio-fortified Food Varieties Released In Nigeria

Eighteen bio-fortified varieties comprising six vitamin A cassava, eight vitamin A maize, two orange sweet potato and two iron and zinc sorghum, which are bred conventionally, have been released officially in Nigeria. Dr Paul Ilona, the Country Manager of Harvestplus, an international agricultural organisation, made...

800,000 Companies Don’t Pay Taxes

  The Minister of Finance, Mrs. Kemi Adeosun, stated this in an article entitled: ‘All change, Nigeria is not an oil economy’. In the article, which was made available to our correspondent on Sunday by her Media Adviser, Mr. Oluyinka Akintunde, the minister stated that the...

Beware Of Scammers On Fake Website- CBN

Cyber criminals have cloned the website of the Central Bank of Nigeria (CBN) with a view to defrauding the unsuspecting public. Against this background, CBN spokesman, Isaac Okorafor, has urged Nigerians to disregard any other website than the bank’s www.cbn.gov.ng. “Our attention has been drawn to...

We Did Not Witdraw $400m Loan To Nigeria – AFDB

African Development Bank (AfDB) has restated its continuous effort to supported the federal government’s economic recovery efforts, denying reports it had cancelled a $400 million loan to Nigeria. Reuters news agency had reported that the Bank called off negotiations for a loan to Nigeria that...

Nigeria Loses $100bn Export Revenues

Executive Director, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has revealed that Nigeria lost over $100 billion of national export revenues between 2015 to 2017 due to the crash in oil prices. Awolowo who spoke in Abuja on Wednesday at a roundtable and exhibition on...

NNPC To Establish Biofuel Plant In Ondo

In its avowed commitment to ensure unimpeded supply of petroleum products and safeguard the environment through reduction of carbon emission, the Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65 million litres...