Wednesday, February 26, 2020

Nigeria records highest quarterly GDP growth since 2016 recession

Nigeria's Gross Domestic Product (GDP) has recorded a growth of 2.55 percent (year-on-year) in real terms in the fourth quarter of 2019, the highest...

Oil prices slide as virus spreads globally

Oil prices tumbled more than 2% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about...

Nigeria: All hands on deck to implement Special Agro-Industrial Processing Zones, says Minister Nanono

The African Development Bank, in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing...
ILO’s Landmark Celebration

ILO Begins Battle For Standards Needed To Ensure Decent Work Globally

From Tuesday through Friday (February 25-28), the International Labour Organisation (ILO) will be holding a meeting of government, employer, and trade union experts to...

Analysts Warn Of Challenges Ahead As Global Seed Firms Control 2030 Development Agenda 

There are serious concerns in some quarters that the 2030 development agenda is mainly a priority for global seed companies.  But, the Sustainable Development Goals...

Off-grid Solar Market Now $2.00bn, Report Says

The off-grid solar industry has grown into a $1.75 billion annual market, providing lighting and other energy services to 420 million users and remains...

Cote d’Ivoire: Fairtrade Certified Cocoa Boosts Farmers’ Earnings By $15.1m

Sales of Fairtrade certified cocoa from Côte d’Ivoire in the last quarter of 2019 boosted farmers’ earnings by some $15.1 million (€13.8 million) compared...

Nigeria Lost N270b Oil Revenue In 2019 To Economic Saboteurs, NNPC Tells Security Institute

Nigeria suffered a major oil revenue loss of about N270 billion which approximate to $750 million to oil theft and pipeline vandals in 2019,...

Fairtrade Tackles EU Over 2.6m Producers At Risk With New Organic Regulations

Fairtrade International, a civic group that is concerned with changing the way trade works through better prices, decent working conditions and a fairer deal...

Insufficient Gas Supply: In 10 Days, Power Sector Loses N19.15b

Going by data from the Advisory Power Team (APT) in the Office of the Vice President of Nigeria, the country’s epileptic power sector lost around N19.15billion...

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