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Read  #SwitchOn – Switch the way you pay Bills One of the most enduring images from my childhood is a Saturday afternoon in 1996. I opened the boot of my dad’s Peugeot 504 GR and found bags of raw cash. For an inquisitive and precocious six year-old searching for his pencil case, this was an eye-popping discovery, one which my irritated dad did not see the funny side of. Perhaps it was one of those childhood memory flashes which made me grow up with the enduring misconception that my (comfortable) family was “rich”. In fact, as I much later found out, dad was handling a real estate transaction as a middleman and the seller wanted his money on Monday. The buyer had paid in N3,000,000 by cheque the previous Monday and after the arduous waiting period of three working days, it would take another three working days after the weekend for the seller to get it if my dad carried out a bank transfer or used a cheque. He was left with no option than to go to the bank with the oldest, shabbi

By Clara Nwachukwu Nigeria’s daily crude oil production has been boosted by additional 65,000 barrels per day, bpd, as Esso Exploration and Production Nigeria Limited, a subsidiary of ExxonMobil Corporation, yesterday announced first oil from its Erha North Phase 2 project. Nigeria currently produces about 2,000,000bpd, of which ExxonMobil, which became the leading producer some years ago, contributes about 30 percent of production. This percentage has edged even higher with these additional barrels. Notwithstanding the crash in oil prices, the additional barrels are cheery news, as there had not been additional production in the country for a while now and existing production was hampered by crude theft, thus reducing total output. Kachikwu Confirming the start-up of production from the facility, ExxonMobil also said in a statement yesterday that the new volumes now ramps up total production in Erha North field to approximately 90,000bpd. ExxonMobil project The statemen

By Yinka Kolawole, with agency report Agriculture is the mainstay of the Nigerian economy, with agricultural produce abounding in every state of the federation, but with limited capacity for processing and preservation, resulting in huge losses and wastages. This prompted the Bank of Industry (BoI) to establish the Cottage Agro-Processing (CAP) Fund to support the establishment of cottage agro-processing plants to produce food products and raw materials for industries within and outside the Staple Crop Processing Zones (SCPZs) across the country. Transaction structure The Fund ensures that anticipated risks are dimensioned and mitigated by its transaction structure. It enhances goodwill by supporting agricultural production and rural development and create employment. Objective: Mr. Rasheed Olaoluwa, Managing Director of BoI, said at the launching of the N5 billion CAP Fund in September 2014, that the bank plans to finance about 1,000 projects under this fund. “It is targe

By Ikechukwu Nnochiri ABUJA—Independent National Electoral Commission, INEC, yesterday, said only 293, 072 voters were electronically accredited for the governorship election in Rivers State on April 11, 2015. The Commission made the disclosure at the resumed hearing on the petition before the Rivers State Governorship Election Petition Tribunal sitting in Abuja, by the All Progressives Congress, APC, and its governorship candidate in the state, Dr. Dakuku Peterside. Testifying as the PW-49, an Assistant Director in the ICT Department of INEC in Abuja, Mrs.  Abimbola Oladunjoye, told the tribunal that the figure represented the total number of electorate captured by the Card Reader Machines used for the poll. Oladunjoye, who is in charge of the Commission’s database, however, admitted that some electorate in the state could have been accredited manually, especially in areas where the Card Reader Machines failed. She told the Justice Mohammed Ambrosa-led tribunal that infor

By  Chris Cillizza It's debate day ! Fifteen (of the 16) Republican candidates will be at the Ronald Reagan presidential library in Simi Valley, Calif., for back-to-back debates starting tonight on CNN at 6 p.m. Eastern time. The first debate — think of it like a JV basketball game — will feature the four candidates running worst in polls. The main debate will have 11 candidates on stage after  CNN adjusted its rules  to ensure that Carly Fiorina, who is moving up in the polls, made the cut. With  so  many candidates, it's hard to know where to look at any given moment or to figure out who's doing well — and who isn't. That's where I come in! Below, using our  handy-dandy social cards , is what each candidate needs to do in tonight's debates. (The candidates are listed in alphabetical order by last name.) Enjoy! Read More:  http://www.washingtonpost.com/news/the-fix/wp/2015/09/16/what-each-of-the-15-republican-candidates-needs-to-do-in-the-cnn-debate-in

On The Fix, we have profiled each of the the three moderators of Wednesday night's GOP debate on CNN. Below, we are combining all three for your linking and reading pleasure. Because we're all about service! Jake Tapper: A tough-but-fair reputation This undated image from video provided by CNN shows Jake Tapper on the set of his show "The Lead with Jake Tapper."  (CNN via AP) Last year, Jake Tapper, 46 and a  married father of two , told  Bon Appetit magazine  that Warren G's " Regulate " is his personal theme song. Expect Tapper to bring the essence of that deceptively melodious song — about, well, being in control of various things — to tonight's CNN debate. Tapper is one of those Washington, D.C.-based journalists with a title that can't be contained to a business card. Perhaps best known as the host of CNN's Sunday morning public affairs talk show "State of the Union," and his weeknight show, "The Lead with Jake T

Simi Valley, California (CNN) Everyone has their own pre-game routine, and that's no different for the Republican presidential hopefuls squaring off at Wednesday's CNN debate. For Sen. Rand Paul, that meant going shooting -- shooting the tax code, to be exact. "Well, it's better than sitting around all day and thinking of what crazy questions I'm going to be asked," Paul said as he was switching rifles at an outdoor gun range here. Paul fired holes into a stack of eight, paper-filled boxes, representing 70,000 pages of the U.S. tax code. Crunching beneath his feet were hundreds of shells that lay scattered about the ground from his rounds and those of previous shooters. "Go get 'em tonight, senator," one supporter shouted. Blasting away the tax code wasn't   too far of a stretch for the Republican presidential candidate from Kentucky. In July, he chopped up the tax code with a chainsaw to promote his tax plan. RELATED: 7 thing

Republican presidential candidate Donald Trump speaks during a campaign rally aboard the USS Iowa on Tuesday in Los Angeles. (Justin Sullivan/Getty Images) By  David A. Fahrenthold   September 16 at 6:15 PM     The second evening of Republican presidential debates has begun, with an early undercard match featuring four low-performing candidates who are all desperate to make up ground. [ Live updates: The second round of presidential debates ] Louisiana Gov. Bobby Jindal, Sen. Lindsey O. Graham (S.C.), former senator Rick Santorum (Pa.) and former New York governor George Pataki are each in desperate straits: They just made the 1-percent-polling cut, and this may be their last chance to make a good impression on a national audience. The good news: The last undercard debate in August showed it can be done. Former tech executive Carly Fiorina ran away with the first debate, showing a sharp wit and a broad command of issues. Tonight, she will be onstage with 10 other candidates

Simi Valley, California (CNN) Donald Trump will play the lead role in the second Republican presidential debate tonight -- but his rivals are jockeying to steal his spotlight. As the GOP's frontrunner, Trump will once again take center stage at CNN's debate at the Ronald Reagan Presidential Library. With Reagan's Air Force One as the backdrop, Trump will be flanked by retired neurosurgeon Ben Carson and former Florida Gov. Jeb Bush, who has been increasingly eager to take on the combative businessman. Meanwhile, one newcomer to the prime-time debate -- Carly Fiorina -- seems poised and ready to take on Trump directly. With the Iowa caucuses less than five months away and pressure mounting for the middle-tier candidates, the CNN debate offers an opening for candidates to deliver a presidential performance -- and avoid getting lost in the Donald Trump show. But a misstep could damage their presidential prospects. Here are seven things to watch in tonight's deba