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When a friend read the list of agriculture-related products among the 43 items that can be imported using the country’s meagre foreign reserves, he quipped, “Nigeria bade farewell to national food security.” Just for context, the food items which Nigeria does not have to import but foreign exchange at CBN rates would be allotted for…
Nigeria’s agriculture insurance industry has the potential to produce a premium of over $US600million due to its approximately 70 million hectares of agricultural land and variety of agricultural markets. The deputy managing director/chief operating officer of African Reinsurance Corporation (Africa Re), Mr Ken Aghoghovbia, stated this at the 3rd Africa Re Agriculture Insurance Workshop for…
There are plans by the Central Bank of Nigeria (CBN) to end its interventions around development finance as it focuses on advisory roles on economic growth,
President Bola Tinubu has maintained that his administration is reforming the economy notwithstanding the attendant excruciating pain. What do you make of Mr
A fresh revelation from the investigative committee set up by President Bola Tinubu has revealed that former Central Bank Governor, Godwin Emefiele stole N3 trillion from two projects alone. Top sources privy to the findings made by the committee told SaharaReporters that the whopping amount was made from COVID loans and the Anchor Borrowers' Programme Fund alone. In July, Tinubu appointed a special investigator to probe the apex bank.