FG secures $134 million AfDB loan facility to boost seed and grain production for farmers


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They have however charted their different paths to the different destinations. “Honestly, I used to complain about Flutterwave support, but they seem even much better. In the absence of any support, users storm their Instagram and Twitter pages asking for help. In the end, scammers disguise themselves as support and rip them off completely.

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To hawk, we will investigate and come out with appropriate response,” Alabi said. Her agency is saddled with the responsibility of ensuring compliance with the ban on street trading in the state. A shop owner just behind the many street traders, Kelechi Anyanwu, bemoaned the presence of the street traders and its negative impact on his business.

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The opposition, a squabbling troupe of PDP and Labour Party players, lacks the script to challenge the dominance of the ruling party, bickering like market women over a shared stall. Nigeria’s youth, 60% of our 230 million souls, are a restless force, their rebellion only a matter of when and not if could ignite this nation aflame if governance doesn’t shift. The Federal Government says it has secured a $134 million loan facility from the African Development Bank (AfDB) to support farmers in boosting seed and grain production across the country. It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall. TechEconomy gathered that some money apps like Chipper, Carbon, and even Flutterwave are all found wanting when it comes to having an immediate reversal of funds on a failed transaction. Many have similar frustrating experiences as Samuel when dealing with these platforms where you can deposit funds.

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Going forward, investors will be keenly watching for sustained institutional participation and a broadening of the rally beyond a select few blue-chip names. The trajectory of inflation, interest rates, and the government’s economic policies will continue to be crucial determinants of the market’s sustained momentum. For now, the Nigerian equities market appears to be operating in a volatile range, albeit with an upward trajectory, driven by a targeted and confident investor base. In value terms, GTCO dominated, representing 15.76 per cent of the total value of trades on the exchange, despite ending the day in the red. Tap into our global network & resources to analyse the financial markets around the world to identify investment opportunities.

Oyetola flags off 3,500 life jacket distribution in Lagos, tasks boat operators on safety

Investors should choose based on the trader’s past performance for maybe a year. Choosing a trader who has traded for long with consistent results might result in making a profit. Before we do anything, we should analyze the market and calculate how much of our budget to use, so we can make informed decisions and avoid bankruptcy. The chief executive of the telco, Mr Karl Toriola, while speaking on Arise TV earlier this month, said the management has concluded plans to double investments in upgrading the company’s network infrastructure in the country. Besides the ranking of licensed brokers operating in Nigeria’s market, Traders Union website also features many other rankings such as Best Trading Apps in different countries.

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He declared that the era of aid or “free money” is over, and African nations must now pursue development through investment discipline, rather than relying on aid as a component of government revenue. In the light of these challenges, WHO is urging countries to explore domestic funding options, viewing the crisis as an opportunity to reduce reliance on external health financing and to strengthen local health infrastructure. Our current system, stitched into the 1999 Constitution, is a tailor’s nightmare, ill-fitting for a nation of 250+ ethnic groups and rich communal traditions. It breeds a zero-sum circus where politicians chase federal patronage rather than serve voters who elected them to serve. Since 1999, Nigerian politicians have looted over ₦1.5 trillion according to EFCC estimates. Corruption festers unabated in this administration with whispers of an APC “rigging super-structure” ala INEC, security forces and the courts cast shadows over electoral integrity.

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Three dons of the University of Lagos were celebrated by the University Senate at its meeting held on Wednesday, May 28, 2025, ahead of their retirement from active government service in June, 2025. But claims of shops being exorbitant notwithstanding, the Director of Public Affairs, Ministry of Environment and Water Resources, Kunle Adesina, noted that there was need for a change of orientation by the traders and those that patronise them. In a chat with The Guardian, some traders lamented that have continued to migrate from one point to the other to fend for their families because of the exorbitant cost of renting shops in the state.

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“The programme will also provide support to 150,000 rice farmers under the second phase to cover all 37 states, including the FCT, with an expected output of about 450,000 metric tonnes,” he said. “The huge debt burden owed to operators in the power supply value chain has been taken on with the approval of N130 billion from the gas stabilisation fund to gas suppliers and with over $120 million dollar-denominated component. These will go a long way to resolve chronic illiquidity challenge that the power sector has faced for decades. He said that the agenda “introduces a range of tax incentives to stimulate growth in priority sectors. It also ensures that the poor are protected from adverse effects of tax increases, making it a progressive and equitable reform. It addresses the challenge of multiple and excessive taxation with the reduction in Company Income Tax which will ease the cost of doing business and improve the investment climate”.

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  • Officals from Dangote Fertiliser that was commissoned last week will be operating a special helpdesk for customers and farmers who want information on distribution and application of fertiliser.
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  • Over the years, the Lagos State government has made concerted efforts to curb the menace of street trading, but the practice has continued to defy measures put in place or policies formulated by successive administrations.

Speaker Mudashiru Obasa, gave the directive after intense debate on the unwholesome attitude of the traders, commercial bus drivers and okada riders. To correct the anomaly, the lawmakers directed relevant government agencies to, as a matter of urgency, take measures to eradicate the trading activities on the LASU-Iyana Iba-Alaba-Volkswagen-Okokomaiko Road with a view to ending gridlocks in the axis. With professional, high fidelity audio recording built in you’ll never have to carry around a separate sound recorder again. Both Blackmagic Pocket Cinema Camera models feature a mini XLR input with 48 volts of phantom power for connecting professional microphones such as lapel mics and booms.

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  • “250,000 hectares of land will be cultivated with an expected output of about 750,000 metric tonnes of wheat, which is to be added to the food reserve to reduce dependence on the importation of the product, and also increase domestic consumption.
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  • Another trader who did not want her name mentioned alleged that in addition to ‘settling’ the area boys, they had to pay officials of Kick Against Indiscipline (KAI), now known as Lagos State Environmental Safety Corps, too.
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He stated that towards this end, operatives of the Lagos Environmental Sanitation Corps have been drafted to markets and the adjoining streets with standing instructions to arrest any street trader found within the vicinity. Therefore if you want to change traditional property otherwise new digital of those, generous possibilities occur. Just after verification of the suggestions provided, your account get a confirmed status, and after that you will be able to use the Pouch Choice provides on their fullest extent. Your bank account is created and you will be instantly authorized within the it. A verification e-post might possibly be taken to your age-post address, please click on the connect. Check in now and you may log on to your bank account or comprehend our in depth book about how to perform a free account and place right up a bona fide Pocket Choice membership.

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You fund your account in naira, and it’s automatically converted to dollars. And once you’re comfortable, MT4 lets you explore automated strategies, time-based entries, and deep backtesting using historical data. For traders who take the craft seriously, these features turn guesswork into systems. Instead of reacting emotionally to the market, you’re following logic, backed by your own analysis.

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  • While many have blamed the rising cost of hiring a shop and the parlous state of the country’s economy as reasons fuelling street trading, the state government appears to be in an awkward situation addressing the reasons adduced and out to enforce the ban.
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On top of all, you can withdraw your money seamlessly making the whole experience pleasant and  smooth. The European Securities and Markets Authority (ESMA) has banned the sale and marketing of binary options as a trading method for private investors. Those who want to keep trading with regulated services must choose brokers licensed by foreign regulators, for example the Australian Securities and Investments Commission (ASIC). Consumers use apps to do their shopping, pay bills, and even earn a living. In South Africa, traders may access global financial markets in a few taps.

He added that in response to a Presidential directive, the ministry released to the National Emergency Management Agency (NEMA) 42,000 metric tonnes of assorted food commodities from the Federal Government Strategic Food Reserve for distribution. He emphasised that the ministry’s presidential priority under the Renewed Hope Agenda was to boost agriculture to achieve food security, enhance infrastructure, and improve transportation as growth enablers. EyeSyte Smart DoorBell gives you a close up view of visitors who approach your door, enabling you to see them and have two-way conversation from the comfort of your mobile phone, whether you are home or not. His major area of research is Nonlinear Structural Stability and Vibration Analysis of Shells and Spatial Structures. He has supervised ten (10) Ph. D candidates, and over one hundred (100) M.Sc./M.Phil candidates. He has over seventy (70) publications in reputable national and international journals as well as referred conference proceedings.

Then the GOXI Welfare, which is a plan designed for staffs, family, and association members’ to have access to medical treatments expenses in the event of accident or permanent disability. Our mission is to empower businesses with actionable insights through comprehensive data analysis and strategic research, with a focus on innovation and excellence. Once you’ve cleaned up your iPhone, it’s never a bad idea to take pictures of it before sending it in. Take note of the imperfections that you’re aware of, and keep them handy in case you hear reports indicating further damage.

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  • In fact, they also put a limit to how much Bureau De Change buy and sell Forex and who they sell to or buy from.
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As such, a lot of online purchases that you need to make locally or when abroad can be done from the comfort of your hotel room  using your laptop. For example, I purchased an item from an online platform for $10.17 and was charged the Naira equivalent of N1,619.70 which translates to an exchange rate of N159.2/$1. Apart from saving from exchange rate cost you also save time and convenience. Areas of mutual interest and concern for intensified dialogue include peace and security, migration, good governance and democracy, human rights, trade, and regional integration, among others.

Naira holds steady at N1,602/$1 in official market

Afterwards, we wait for the expiration date to come, so we can collect our wins or accept our losses. That includes stocks for companies, precious metals, currencies, indices and many more. When we ‘buy’ a binary option, we base the success of our speculation on the movement of one of these assets. In the healthcare sector, Mr Wike announced forex trading platform Nigeria the recent acquisition of modern diagnostic equipment aimed at enhancing public health services throughout the FCT.

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