Metro

UNDP Partners With The Tony Elumelu Foundation To Empower 100,000 Young Entrepreneurs In Africa

United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy committed to empowering entrepreneurs — to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 years towards the achievement of the Sustainable Development Goals (SDGs) and the African Union’s Agenda 2063.

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Nigeria Consumes N1.2 Billion Worth Of Rice Daily

Nigeria consumes a minimum of N1.2bn worth of rice every day, the Rice Farmers Association of Nigeria stated on Wednesday. RIFAN said its findings also showed that virtually all rice consumed across the country were cultivated and processed locally.

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NNPC Mulls New Payment Model for Joint Ventures

The Nigerian National Petroleum Corporation (NNPC) is soon to introduce a new model, tagged the Incorporated Joint Venture (IJV), to ease the funding of joint venture projects that have suffered delays due to financial hitches.

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CBN Says Banks Can Now Operates Mobile Wallet

The Central Bank of Nigeria has said that Deposit Money Banks can now operate mobile money wallet services without prior approval. The banking regulator stated this in a circular to DMBs with the title, ‘Operation of mobile money wallets by DMBs,’ on Thursday July 4, 2019.

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