As media reports (based on information from the National Bureau of Statistics (NBS) continously indicate that prices of assorted foodstuff are spirilling, the urban-based media outlets seem to be missing the fact of the arrival of freshly-harvested stables foodstuff to the market. This is softening food prices. The rich soils...
The Central Bank of Nigeria (CBN)'s Anchor Borrowers’ Programme (ABP) has not only ensured that Nigeria attains self-sufficiency in food production, but has helped in the return of pyramids in the country. Recall, pyramids were built in northern Nigeria in cities such as Kano, Kaduna, where groundnut production was a...
We’ve all likely stayed later at work when we’ve been super busy or had to catch up on work, however sadly, in recent years, long working days and taking work home has become the norm for many employees. Not only is this causing employees to miss out on enjoying the...
It started like a novel initiative no one gave a chance. A perceived national cake programme, in our local parlance, baked for everyone to share as usual. Almost five years down the lane, Anchor Borrowers’ Programme (ABP) has proved doubting ‘Thomases’ wrong. ABP, an initiative of the CBN Governor, Godwin...
In an apparent move to deepen the foreign exchange market, provide more liquidity, and create more transparency in the administration of Diaspora Remittances into the country, the Central Bank of Nigeria (CBN) recently announced an amendment of procedures for receipt of diaspora remittances. CBN said, with the new policy, Nigerians...
The recent inauguration of the Nigeria Immigration Service (NIS)’s N9.1 billion Technology Building in Abuja provides a convergence point for security agencies in the country to address the degenerating security issues including porous border lines while enhancing economic integration and population control. TheFact Nigeria reports. The Economic Recovery and Growth...
In 2015, the Federal Government introduced the National Social Investment Programme (NSIP), as a deliberate effort to pull many Nigerians out of poverty through capacity building, investment and direct support. N-Power is a component of the NSIP and all other components of it have come under supervision of the Ministry...