NNPC, NPDC, oil firms yet to remit $3.8bn, N81bn since 2015 – NEITI

Executive Secretary of NEITI, Mr. Waziri Adio, The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday accused ‎the Nigerian National Petroleum, its downstream subsidiary, the Nigerian Petroleum Development Company, NPDC and other oil companies of failing to remit $3.78 billion and N80.64 billion to the Federation Account. NEITI, in its ‎2015 Oil and Gas Industry Audit, […]

Reserves near $34b mark despite interventions

• Naira stable, as CBN sells $481m, threatens sanctions to exporters The nation’s foreign exchange reserves’ profiles recorded a new increase near $34 billion mark, after gaining about $350 million in one week, with $200 million being recorded cumulatively in three trading days. The new level of $33.7 billion was achieved despite twice-weekly interventions that […]

Agriculture is a trillion-dollar business, says Adesina

Akinwunmi Adesina Akinwunmi Adesina,the President, African Development Bank (AfDB) is very passionate about the food and agro-industrial revolution of the continent. In this exclusive interview with CLARA NWACHUKWU, on the sidelines of the ongoing 2017 World Food Prize events in Des Moines, Iowa, United States, he speaks passionately about Africa’s role in ending hunger, and the […]