Daniel Essiet

Lagos

Business Correspondent at The Nation (Nigeria)

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Articles

Africa’s $40b illicit financial flows affecting economic development

2 days ago | thenationonlineng.net | Daniel Essiet

Africa is experiencing significant losses, estimated at around $40 billion annually, due to illicit financial flows (IFFs) in the extractive sector,the Deputy Executive Secretary of the Economic Commission for Africa (ECA),Mr. Antonio Pedro, has said.
UM6P , Mastercard Foundation partner to empower African Women

2 days ago | thenationonlineng.net | Daniel Essiet

A groundbreaking initiative is set to transform the educational landscape for young African women, as the Université Mohammed VI Polytechnique (UM6P) and the Mastercard Foundation join forces to launch a comprehensive scholarship programme. The 100 per cent female-focused programme aims to dismantle traditional barriers to education, offering unparalleled opportunities for academic excellence, leadership development, and social impact.
Lagos, others partner on Nigeria’s staggering N3.5 trillion annual post-harvest losses

3 days ago | thenationonlineng.net | Daniel Essiet |Alao Abiodun

Lagos State, in collaboration with various partners, is intensifying efforts to combat Nigeria’s alarming annual post-harvest losses, a crisis currently estimated at a colossal N3.5 trillion. This significant drain on the nation’s agricultural sector not only exacerbates food insecurity but also severely impacts the livelihoods of countless farmers and the broader economy. This was the spearpoint of the Ecotutu Chain in Agriculture Roundtable held yesterday in Lagos.
Lagos empowers youth agripreneurs withN150m

5 days ago | thenationonlineng.net | Daniel Essiet |Alao Abiodun

In a significant move to bolster food production and empower its vibrant youth, the Lagos State Government launched Lagos Agrithon 2025, announcing injection of N150 million into promising agrifood startups. The Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya made the announcement yesterday during a press briefing held at the Ministry’s Conference Room.
NIHORT positions bio-solutions to combat post-harvest losses

6 days ago | thenationonlineng.net | Daniel Essiet

The National Horticultural Research Institute (NIHORT) says its breakthrough bio pesticides will empower farmers to protect their harvests and secure their economic future. Farmers have long battled significant yield losses due to pests such as the notorious Tuta absoluta, a tomato leaf miner. Since its emergence in Nigeria in 2015, the pest alone has caused widespread havoc, pushing many tomato farmers into economic hardship.
Experts seek expansion of $296billion blue economy

6 days ago | thenationonlineng.net | Daniel Essiet

Nigeria’s burgeoning blue economy is on the cusp of a major transformation, with experts projecting a potential tenfold increase in annual earnings from the $296 billion to over $500 million. The ambitious outlook comes as leading authorities in fisheries and aquaculture emphasised the nation’s untapped fisheries wealth and the critical need for strategic interventions to unlock its full potential.
Stakeholders, Army eye partnership to secure meat supply

6 days ago | thenationonlineng.net | Daniel Essiet

Business Amidst escalating concerns over insecurity and cattle rustling, key players in Nigeria’s livestock industry are seeking a strategic partnership with the Nigerian Army to bolster local meat production and ensure national food security.
Mauritanian Sidi Ould Tah elected 9th president of AfDB Group

1 week ago | thenationonlineng.net | Collins Nweze |Daniel Essiet |Bolaji Ogundele |Alao Abiodun

Mauritanian Sidi Ould Tah of Mauritania was yesterday elected President of the African Development Bank (AfDB) Group at the bank’s annual meetings held in Abidjan, Côte d’Ivoire. Tah was elected by the bank’s Board of Governors, comprising Finance and Economy Ministers and Central Bank Governors of the Bank Group’s 81 regional and non-regional member countries.
Winners emerge in Fidelity Bank-SMEDAN Talent Hunt

1 week ago | thenationonlineng.net | Daniel Essiet |Alao Abiodun

Three rising disc jockeys (DJs) have walked away with major cash prizes after emerging as top performers in a talent hunt competition organised by Fidelity Bank Plc in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Baobab Microfinance Bank.
‘Africa’s agricultural sector must be optimally used to reduce poverty’

1 week ago | thenationonlineng.net | Daniel Essiet |Alao Abiodun

A study by DHL Express Sub-Saharan Africa, in collaboration with the Gordon Institute of Business Science Centre for African Management and Markets (CAMM), has identified increased agric productivity as requirement in reducing poverty in Africa. This research, according to a white paper, highlighted the critical role of technology, particularly artificial intelligence (AI), in enhancing agricultural productivity and reducing poverty across the continent.