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Vice-President Yemi Osinbajo yesterday said the Federal Government is in talks with the Central Bank of Nigeria (CBN) to close the foreign exchange (forex)  rates at the official and parallel markets. “The gap between the official and parallel market… it isn’t helpful. “If you look at economic recovery and growth ...

Nigerian cashew producers are working on a four-year plan to cultivate more land and boost exports more than threefold to 500,000 metric tons a year to feed a growing export market. With about 160,000 hectares (395,000 acres) of land producing about 150,000 tons a year, farmers are seeking to bring ...

The Ogun State government and Sterling Group, an agro-allied firm, are set to work in partnership towards the production of rice and other agricultural produce for food security. This partnership plan was disclosed to reporters during a meeting between the state government delegation led by Secretary to the State Government, ...

Microsoft yesterday encouraged business users to make the switch to a newer version of the operating system, claiming Windows 7 is no longer “fit” to be used in businesses. Th firm said Windows 7 “does not meet the requirements of modern technology, nor the high security requirements of IT departments”. ...

Chinese President Xi Jinping offered a vigorous defense of globalization and free trade in a speech at the World Economic Forum in Davos on Tuesday, which underscored Beijing’s desire to play a greater global role as the United States turns inward. Likening protectionism to “locking oneself in a dark room” ...

Governor Godwin Obaseki of Edo State on Tuesday said it government would partner with the state chapter of the Nigeria Legion to improve security and empower the youth in the state. Obaseki, said this while receiving a delegation of the Nigeria Legion, Edo chapter at Government House in Benin, on ...

Vice President Yemi Osinbajo, SAN, is leading Nigeria’s delegation to this year’s World Economic Forum holding this week in Davos, Switzerland. Anchoring to a statement by his spokesman, Laolu Akande, in the Nigerian delegation are ministers and special advisers including the Minister of Industry, Trade and Investment, Dr. Okey Enelamah, ...

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday charged Nigeria youths to take advantage of opportunities available in many other sectors of the nation’s economy not currently utilized, saying the era of waiting for white collar jobs were over in the country. Ambode, who spoke at Lagos House in Ikeja ...

Justice Ahmed Mohammed of a Federal High Court in Abuja has explained why he took over the criminal charges filed against former Benue State governor, Mr. Gabriel Suswam, and the commissioner of finance in his administration, Mr. Omodachi Okolobia, after he was accused of being bribed by accused persons. Justice. ...

A consortium led by RON Transatlantic and HNA Capital of China is buying SkyBridge Capital.