Small and Medium Enterprises (SMEs) in Nigeria will soon export food crops to Dubai, United Arab Emirates (UAE). This followed an agreement with Crenov8, a consultancy firm with food importers in the UAE. This will promote diversification of the country's economy through agriculture.
The Vice-Chairman of Senate committee Petroleum (Upstream) Senator Patrick Ifeanyi Ubah of Young Progressive Party (Anambra) has said that petroleum (upstream) sector is no doubt facing a lot of challenges but coming together of the stakeholders will assist in confronting the problems as well as strengthen the sector.
Experts averred that the scarcity of funds that led cost of funds to rise by over 1000 basis points in the interbank money market last week is expected to decrease this week spanning through preceding weeks in August, 2019 due to inflow of N632 billion from matured Treasury Bills (TB) and statutory allocation to states and local governments.