Wednesday, September 12, 2018

Tag "agriculture"

    Nigeria to become Africa’s largest rice exporter ‘in 5 years’

Nigeria to become Africa’s largest rice exporter ‘in 5 years’

The minister of agriculture and rural development, Dr Akinwumi Adesina, has projected that Nigeria would become Africa's largest exporter of rice in five years.Adesina spoke on Monday during the inaugural ceremony of the 105,000-tonne capacity Olam Rice Mill in Rukubi, Nasarawa State.He said that the federal government, in collaboration with the private sector, was determined to make the country a [...]

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    Hunger deadlier than AIDS

Hunger deadlier than AIDS

Today, being the World Hunger Day, offers a reminder on the importance of food to healthy living, and the need to continue exploring all possibilities for eradicating hunger in the world.Millennium Development Goal 1, for example, seeks to "eradicate extreme poverty and hunger',' or by 2015 at most, reduce by half, the population of people living in hunger.So, how well has this been achieved?Taking [...]

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    Shema: Agriculture is a must-do enterprise

Shema: Agriculture is a must-do enterprise

To break the circle of unemployment in Nigeria and open the "window of opportunities" for young entrepreneurs, Agriculture must be taken as a must-do enterprise.Speaking on Friday in Abuja at the ongoing World Economic Forum on Africa (WEFA), Governor of Katsina State, Ibrahim Shema, said the time has come for Nigeria see Agriculture as a major economic venture, as the sector can only [...]

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    Jonathan: Private jets show Nigeria is not poor

Jonathan: Private jets show Nigeria is not poor

 President Goodluck Jonathan has faulted the World Bank report which placed Nigeria among the five poorest countries in the world, saying "the nation is not poor"."If you talk about ownership of private jets, Nigeria will be among the first 10 countries, yet they are saying that Nigeria is among the five poorest countries," he said.Addressing workers at the May Day [...]

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    Nigeria’s tight monetary policy ‘taming inflation’

Nigeria’s tight monetary policy ‘taming inflation’

African Development Bank (AfDB) says Nigeria's tight monetary policy contributed immensely in pegging the inflation at eight per cent in the third quarter of 2013.The country has been managing its key rates - lending, inflation and exchange - to keep liquidity under control.AfDB inflation analysis is contained in the bank's bimonthly Economic Review on Nigeria.The report said the single digit [...]

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Exchange Rates

September 10, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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