29 August 2018

AfDB, FAO to raise $100m for agriculture in Nigeria, others: The African Development Bank and Food and Agricultural Organization are set to raise $100m for agriculture in a bid to end hunger and malnutrition and create wealth in Nigeria and other African countries.(Source:Punch)

Electricity consumers lodged 109,048 complaints in three months – NERC: President Muhammadu Buhari on Monday said a dairy farming initiative being championed by the Kingdom of Denmark and the Kaduna State Government would go a long way in curbing clashes between herders and farmers which had left many people dead.(Source:Punch)

Govt denies plan to sell NLNG to reflate economy:  The Minister of State, Petroleum Resources, Dr Ibe Kachikwu, on Tuesday denied that the Federal Government had any intentions to sell its stakes in the Nigerian LNG Limited.(Source:Punch)

CBN injects fresh $210m into forex market:  The Central Bank of Nigeria has injected another sum of $210m into the interbank foreign exchange market in a bid to ensure the availability of forex for customers in various segments of the market.(Source:Punch)

FG seeks World Bank, Bill Gates’ support to fund NHIS: The Vice President Yemi Osinbajo has said that the Federal Government no longer has the resources to fund the National Health Insurance Scheme.(Source:Punch)

Nigeria’s national grid increases by 200MW: The Transmission Company of Nigeria, TCN, under its Transmission Rehabilitation and Expansion Program (TREP) has added about 200 Megawatts to the national grid, with the installation of 100MVA, 60MVA and 60/66MVA, 132/33kV power transformers in three different transmission substations.(Source:Vanguard)

Gains resurfaced in stock market as NSE Index rises by 0.58%: Trading on Nigerian Stock Exchange, NSE closed on a positive note on Tuesday, with the All Share Index appreciating by 58 basis points, bps or 0.58 percent to close at 35,516.21 points compared with 35,311.36 recorded on Monday.(Source:Vanguard)

FIRS to collect N6.75 trn in 2018: The federal Inland Revenue Service, (FIRS) has announced it would collect N6.75 trillion as tax revenue from Nigerians this year.(Source:Vanguard)

NNPC to establish two condensate refineries: The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day.(Source:The Nation)

Unlocking manufacturing, agric potential with N300b RSSF cash:  The N300 billion Real Sector Support Facility (RSSF) unveiled by the Central Bank of Nigeria (CBN) is expected to enhance the flow of credit in the private sector and lift the economy.(Source:The Nation)

Reporting for EasyKobo on Wednesday ,29 August 2018 in Lagos, Nigeria