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Key into Governor Eno   ARISE Agenda – AFAN Chairman Advices Farmers

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Farmers in Akwa Ibom State have been advised to key into the ARISE Agenda of Governor Umo Eno as a way of ensuring food security in the State and beyond.

The State Chairman of All Farmers Association of Nigeria,  AFAN, Prince Bassey Inwang stated this during a one day training for farmers in the State which was held recently at AFAN Headquarters in Uyo.

Prince Bassey Inwang, State Chairman,  All Farmers Association of Nigeria,  Akwa Ibom State Chapter.

Prince Inwang hinted that the training session is one of the numerous ways  the Association helps farmers in Akwa Ibom State to improve productivity by bringing farmers up to date with current trends in Agriculture.

Over one hundred farmers were trained on various areas of Agriculture including upland rice and oil palm cultivation, maintenance, harvesting and processing; yam miniset cultivation; organic pesticide powder production; liquid herbicide/pesticide production; cucumber and tomatoes cultivation, maintenance, harvesting and marketing; review on orange fleshed potato cultivation and reduction of mortality in organic poultry production.

The resource persons drawn from accomplished practical farmers in the State include, Pastor Mrs. Martina Umanah, Mr. Sylvester Edem, Comrade Boniface Udom, Mr. Alphonsus Nyong, Prince Bassey Inwang, Comrade Vincent Bitrus and Dr. Susan Nelson among others.

The seminar sessions which also included practical on hands training was free of charge as the AFAN helmsman in the State expressed willingness of the Association to keep farmers abreast with latest trends in Agriculture without tasking the farmers cash wise.

Some of the beneficiary farmers spoke after the trainings, commending AFAN for always thinking of improving their skills.

The farmers who spoke after the training include, Mrs Ekeobong Daniel, Apostle Okpoh, Mr Victor Akpan and Mr. Ok on Essoh also promised to put to practice all the knowledge they have garnered during the one day intensive training.

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Business

TIME Names Moniepoint CTO Felix Ike Among 50 Global Executives of the Year

In its citation, TIME said Ike “has helped to establish the business as one of Africa’s leading financial platforms.

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TIME magazine has named Felix Ike, co-founder and Chief Technology Officer of Nigerian fintech Moniepoint, to its inaugural Executives of the Year: Tech and Data list.

Ike is the only executive representing an African company among the 50 leaders selected for the 2026 list.

The list, unveiled on Tuesday, September 22, recognises chief information officers, chief technology officers, chief data officers and chief product officers whose decisions are shaping how major organisations deploy technology and use data.

Moniepoint is also the only African company represented on the inaugural list.

Ike was named alongside executives from Netflix, CrowdStrike, Dell, Duolingo, AT&T, OpenAI, Anthropic, Shopify and Reddit, among others.

In its citation, TIME said Ike “has helped to establish the business as one of Africa’s leading financial platforms.

“The recognition follows Moniepoint’s inclusion in TIME’s 2025 list of the 100 Most Influential Companies, giving the Lagos-founded fintech another global distinction.

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Business

Naira Exchange Rates, Friday September 25

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Black Market Rates

₦1382DOLLAR (USD)

₦1855POUND (GBP)

₦1545EURO (EUR)

1000 DOLLAR (CAD)

₦70 RAND (ZAR)

370DIRHAM (AED)

190YUAN (CNY)

₦100G.CEDI (GHS)

₦2350 CFA F.(XOF)

₦2250 CFA F.(XAF)

₦850 AUSSIE (AUD)

Official CBN Exchange Rates

DOLLAR (USD)₦1328.67

POUND (GBP)₦1758.36

EURO (EUR)₦1511.63

SWISS FRANC (CHF)₦1605.45

JAPANESE YEN (JPN)₦8.38

CFA FRANC (XOF)₦2.31

WEST AFRICAN UNIT OF ACCOUNT (WAUA)₦1808.03

CHINESE YUAN (CNY)₦197.92

SAUDI RIYAL (SAR)₦353.86

SOUTH AFRICAN RAND (ZAR)₦81.09

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Djibouti, Ethiopia and Dangote to build $660 million petroleum pipeline

In Kenya, Dangote and the government are ⁠due to break ground on a new 700,000-barrel-per-day crude oil refinery in Lamu next week.

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Ethiopia, Djibouti and Nigerian billionaire Aliko Dangote plan to build a $660 million refined petroleum pipeline ‌that will connect Ethiopia and Djibouti, a spokesperson in Ethiopian Prime Minister Abiy Ahmed’s office said on Thursday.

The project will include a 120-km (75-mile) pipeline, as well as approximately 375,000 cubic metres of storage capacity ⁠at Damerjog in Djibouti and 800,000 cubic metres at Dewele in Ethiopia, the spokesperson told Reuters, adding it should become operational within 18 months.

Abiy said on his X account the project will be developed through a partnership between Ethiopian Investment Holdings and the Dangote Group, which separately is already building a $4 billion fertiliser pipeline ‌and ⁠power plant, and a polypropylene packaging facility, in Ethiopia.

The project aims to reduce logistics costs and delays along the Ethiopia-Djibouti transport corridor, Abiy said.

Developers say the infrastructure will strengthen ⁠energy security and improve supply chain resilience for the two countries, he said.

Abiy is on a visit to Djibouti and ⁠made the announcement alongside its president, Ismail Omar Guelleh, and Dangote.

In Kenya, Dangote and the government are ⁠due to break ground on a new 700,000-barrel-per-day crude oil refinery in Lamu next week.

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