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Okechukwu Nnodim, Abuja Twenty-four youths have been supported with a grant of N50m by an indigenous consumer goods company to grow their various Small and Medium-scale Enterprises. According to Intafact Beverages Limited, the initiative for supporting and building young businesses is the focus of the Intafact Hero’s Foundation, a corporate ...

Ifeanyi Onuba, Abuja The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday called for a quick passage of the 2017 budget by the authorities concerned and the need to pursue a non-oil driven economy. The CBN Governor, Mr. Godwin Emefiele, who stated these while briefing journalists at ...

• Retains interest rate at 14% With Nigeria’s foreign reserve standing at $28.9 billion, the Central Bank of Nigeria (CBN) has warned against reckless depletion of the kitty. Addressing reporters at the end of the bi-monthly Monetary Policy Committee (MPC) meeting in Abuja yesterday, CBN Governor, Godwin Emefiele said the ...

Acting  President Yemi Osinbajo on Tuesday gave an insight on how  between 1999-2007, in Lagos State a reform of the judiciary ended the perception of corruption in that arm of government once the principle of enforcing consequences for bad behaviour was in place. Speaking earlier yesterday  at the monthly meeting ...

There are indications that Federal Government of Nigeria (FGN) initiative of a-meal a-day Home Grown School Feeding Programme will attract about N980 billion investments in food production. The Lagos State Deputy Governor, Dr. Idiat Oluranti Adebule who revealed this at a workshop to determine how best the FGN a-meal a-day ...

Coalition of civil society organisations, ‘Civil Society Scaling up Nutrition in Nigeria’ (CS-SUNN) has solicited for the collaboration of LEADERSHIP newspapers in a bid to properly disseminate nutritional awareness to the residents of the Federal Capital Territory (FCT) and Nigerians at large. The advocacy team leader of the group, Ngozika ...

Other foreign financiers plan to join the World Bank and invest in the nation’s industrial park development. According Sisay Gemechu, head of the Industry Park Development Corporation, European and Chinese financial companies are negotiating with the government of Ethiopia to provide finance for the upcoming industry park project. Currently the ...

In the first six months of 2009, the Ethiopia Commodity Exchange performed at 96 percent of their expectations in trade volume and 94 percent in trade value. In comparison to the same period last fiscal year, trade volume decreased by six percent but trade value increased by 19%. The trade ...

Ethiopia is the 5th largest investor in renewable energy at USD 100 million, according to the Renewable, Global Status Report. South Africa leads in renewable energy investment followed by Morocco, the second largest renewable energy investor at USD two billion. Kenya comes to third with investments worth USD 357 million ...

On Monday January 16 Djibouti began construction of a large free trade zone in the country. Located 23km from historic central Djibouti City the USD 3.5 billion trade center will cover 4,800 hectares, according to the Djibouti government. President Ismail Omar Guelleh and the vice president of China Merchant Group ...