The Nation Newspaper Today Headline Wednesday 8th June 2022
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 08/06/22
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Fed Govt: cocoa production to hit 500,000 tons by 2024
The Federal Government has unveiled plans to increase the production of cocoa from the present 340,000 tons to 500,000 tons by 2024. The Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar, stated this in Abuja during a visit led by the Executive Director, International Cocoa Organisation (ICCO) Mr. Arrion Michel. While explaining that
‘Commodity trading platform for solid minerals good for economy’
The Managing Director, Lagos Commodities & Futures Exchange (LCFE), Mr. Akin Akeredolu-Ale, has expressed optimism that the economy is taking off on a good note, particularly with the development of a commodity trading ecosystem for the solid minerals sector. The move, he affirmed, would further diversify the economy. He spoke while welcoming participants at the
Piracy inhibiting foreign investment, trade, says envoy
The Japanese Ambassador to Nigeria, Kazuyoshi Matsunaga, has said piracy in the Gulf of Guinea has continued to discourage foreign investment, hampers international trade and businesses along the corridor. Also, the Martin Luther Agwai International Leadership and Peacekeeping Centre (MLAILPKC) and United Nations Development Programme (UNDP) yesterday in Abuja unveiled a Counter-Piracy and Response in
NBS: Nigeria’s Q1 trade surplus hits N1.2trillion
The National Bureau of Statistics (NBS) says Nigeria recorded N1.2 trillion trade surplus in the first three months of the year. The bureau stated this in its recent report entitled: ‘Foreign Trade in Goods Statistics (Q1 2022)’. A trade surplus is an economic indicator of a positive trade balance in which the exports of a
Airtel reaffirms commitment to environmental management
Airtel Nigeria has reaffirmed its commitment to sustainable environmental management and responsible disposal, recycling, and repurposing of electronic wastes. Commenting on the company’s commemoration of the World Environment Day, Chief Executive Officer & Managing Director, Airtel Nigeria, Surendran Chemmenkotil, said the ambition of the firm is to minimise the impact of its operations on the
Nigeria’s oil revenue dips to N945b
Despite the steady rise in crude oil price, the country’s earnings from the commodity dropped for the fourth month. This was contained in a Central Bank of Nigeria’s (CBN’s) latest monthly economic report for January 2022. According to the CBN data, the country earned N945 billion in January- representing 7.8 per cent less than the
Court nullifies Ebonyi PDP primary rerun
A Federal High Court in Abakaliki, Ebonyi State, yesterday nullified the Peoples Democratic Party (PDP) rerun held June 4 and 5 conducted by the Tochukwu Okorie-led faction of the party. Justice Fatun Riman instead upheld the May 28 and 29 primary which was cancelled by the party’s National Working Committee (NWC). Senator Obinna Ogba won
Sparklight Newspaper holds lecture, award in Lagos
The 2022 Edition of Sparklight News Award and Media lecture organised by Sparklight Newspaper is scheduled to hold in Lagos. The Sparklight News award is a debut award to recognise individuals and organisations doing well in their chosen professions and careers leading to national development. Chairman of the Award Planning Committee, Tosin Adesile, said the
Reps aspirant sues for calm, mobilise support for Oyebanji
An All Progressives Congress (APC) aspirant for the House of Representatives in Ekiti State, Dele Philips, has appealed to his supporters to remain calm following the disruption of the primary election in Ekiti Central II. Philips said state party leaders had intervened with a promise to look into the issues arising from last Saturday’s primary. Ekiti
Be neutral, Non-indigenes tell INEC
A coalition of non-indigenes in Ekiti State has called on INEC to remain neutral and exhibit professional in the conduct of the June 18 governorship election. The coalition, comprising ethnic nationalities like the Igala, Igede, Idoma, Tiv, Nassarawa, and the northern Christians, gave the charge yesterday in Ado-Ekiti during a rally to sensitise non-indigenes ahead
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