ECONOMY

5th June: World Environment Day

One of the primary responsibilities given to man in the beginning, according to the Bible book of Genesis, was to care for the environment. As humans evolved and multiplied, the strain of our presence was felt by the earth. That

CBN Adjusts Naira: Dollar Exchange Rate to ₦380 for $1

The Central Bank of Nigeria has revised the Naira-Dollar exchange rate for one of its forex windows. A dollar is now being sold for ₦380 at the Investors and Exporters (I & E) window of the country’s foreign exchange markets.

Three Sectors Bigger Than the Oil Industry in Nigeria

The National Bureau of Statistics recently released data on the growth of Nigeria’s economy in 2019. The GDP report showed that the country’s economy had grown by 2.27 percent in the year just passed. It had performed slightly better than

NNPC and US Agency Sign $1.16 Million Deal for New Power Plant in Abuja

Nigeria’s state-owned energy company, the Nigerian National Petroleum Corporation (NNPC), has signed a deal with the United States Trade and Development Agency (USTDA) to build a new 1,350 megawatts (MW) power plant in Abuja. The agreement should see the USTDA

Osun State and the O-REAP Initiative

Osun State was carved out of Oyo in 1991. The state covers a vast land mass of 15,875 square kilometers. Osogbo is the state’s capital. There are thirty local government areas in the state. These local government areas are spread

Do You Know That The Nigerian College Of Aviation Technology Is The Largest in Africa

Formerly known as the Nigerian Civil Aviation Training Centre, The Nigerian College of Aviation Technology is a higher education institute in Zaria, Kaduna State, Nigeria. It is funded by the Civil Aviation Department in the Nigerian Federal Ministry of Aviation

Nigeria’s 461 MW Azura-Edo Power Plant Gets New Investment

Nigeria’s first privately financed Independent Power Project, the Azura-Edo Power Plant, is getting new funding from Africa50, a pan-African investment group. This was confirmed in a press release put out by management at the IPP earlier this week. Read more

Nigeria’s Top Agricultural Exports for the Third Quarter of 2019

The National Bureau of Statistics has published its report on foreign trade for the third quarter of 2019. The document, downloadable from its website, also reveals the top agricultural exports from Nigeria within the period, as well as the revenues

Entertainment Events this September

The year is coming to a quick end. At this point most of us are already planning for the impending excitement of December. To keep you stimulated, we’ve compiled a short list of events that might be worth your time

Agritech Focus: All About EZ Farming

Nigeria’s agriculture space needs all the innovative solutions it can get. Demand for the products it puts out continues to increase, but the industry’s value chains remain largely underdeveloped and inefficient. Agritech startups are helping various portions of the agric

Agritech Focus: All About Farmcrowdy

Farmcrowdy is Nigeria’s first digital agricultural platform, and a pioneer startup in the country’s growing agritech space. They exist to join two ends of the agro-funding spectrum: farmers who need to finance their field operations, and individuals willing to sponsor

Renewable Energy: Meet 26-Year-Old Nigerian Who Designed A Generator That Runs On Water

Electricity is one of the major problems in this country. Residents are faced with an epileptic power supply which makes it unaffordable, others rely on generators which come at a cost without including the daily/weekly cost of running it on

Agritech Focus: All about Verdant Agritech

Verdant Agritech aims to become Nigeria’s biggest reservoir of useful agricultural data. It also wants to connect the country’s farmers, input providers, extension officers, NGOs, and financial institutions to create one large value-multiplying ecosystem. It’s a project ambitious enough to

Agritech Focus: All about Releaf

Business transactions thrive on trust. When trust is absent, the buyer-seller relationship either collapses or it never happens in the first place. Interactions along Nigeria’s agro-business value chain suffer the same trust issues that bedevil a lot of commercial relationships

Agritech Focus: All About Farm Cafe

For many of us, farms are the last front on which we’re able to have prolonged contact with nature; even if it’s only a remodeled version of nature, fashioned to fill our bellies and clothe our bodies. It has been

Crenov8 to Launch the 3rd edition of AgroTrade Promotion Event, Meet the Farmers’ Conference 2019.

Focusing on Agriculture and Technology, Crenov8 Consulting, a leading Management Consulting and Digital Firm in Dubai is set to host the agribusiness gathering – Meet the Farmers’ Conference (MTFC) on the 27th and 28th of November in Dubai. Now in

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