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COVID-19: Farmers Count Losses As Commodities Perish For Lack of Buyers – Part 1

May 17, 2020 Omoniyi Osadare 0

Umar Kalo Vsla is a watermelon farmer in Damana community, Birnin Kebbi Local Government Area of Kebbi State. Since he ventured into watermelon cultivation five years ago, he has recorded good returns, selling with good […]

Business

Report: Nigerians Abroad Unlikely To Send Home ‘Much Money’ As COVID-19 Takes Toll On Income By Oluseyi Awojulugbe

May 15, 2020 Omoniyi Osadare 0

The COVID-19 pandemic has put Nigeria’s second-largest revenue source at risk, an analysis by SBM Intelligence has shown. Diaspora remittances from citizens living overseas have formed a major part of Nigeria’s forex earnings; even higher […]

Business

Investors Count Losses Over Wike’s Closure of Ports Despite FG’s Directive | TheCable

May 13, 2020 Omoniyi Osadare 0

Users of the Rivers and Onne Ports have raised the alarm over the loss of their investments and perishable consignments as a result of the arrest of port workers by the state COVID-19 task force […]

Business

1.8 Million American Households Cancel Cable TV Subscriptions

May 12, 2020 Omoniyi Osadare 0

Approximately 1.8 million American households cancelled cable TV subscriptions during the first quarter of 2020 according to a report by Variety. As Americans disconnect, TV providers are also feeling the pain. With the COVID-19 pandemic […]

Business

Pay Your Bills, Free Electricity Offer Not Yet Implemented – BEDC By Jethro Ibileke

May 12, 2020 Omoniyi Osadare 0

The Management of Benin Electricity Distribution Plc (BEDC), has urged electricity consumers in its franchise states to pay their bills, reiterating that the free electricity offer is yet to be implemented. This was contained in […]

Business

Farmer Writes Sanwo-Olu, Recommends Ways To Avert Post COVID-19 Food Crisis By Gbenga Akinfenwa

May 10, 2020 Omoniyi Osadare 0

To avert post COVID-19 food crisis in Lagos State, Governor Babajide Sanwo-Olu has been advised to embark on allocation of farmlands to real farmers, provide tractors to open up farmlands and establish a collection hub […]

Business

Food Production ‘Will Increase Through Home Gardens’ By Oluseyi Awojulugbe

May 3, 2020 Omoniyi Osadare 0

Olufemi Oladunni, the executive director of the Agricultural and Rural Management Training Institute (ARMTI), says the national food production would be increased if citizens cultivate home gardens. In a chat with journalists, Oladunni proffered solutions […]

Business

Farmers Demand Bailout Packages, Urge Buhari To Emulate Trump By Femi Ibirogba

April 27, 2020 Omoniyi Osadare 0

Nigerian farmers, analysts and agricultural scientists have called on the Federal Government to, as a matter of urgency, roll out a strategic plan to assist crop producers, poultry and livestock farmers as the United States […]

Business

COVID-19: Agro Commodity Export Sinks Amidst Slump Demand, Price Crash By Gbenga Akinfenwa

April 26, 2020 Omoniyi Osadare 0

This doesn’t appear to be the best of time for the agricultural produce export sector, going by the lockdown of economic activities across the world, especially Europe, as a result of the coronavirus pandemic. As […]

Business

Eko DisCo Asks Customers To Pay Bills, Says No Decision Yet On Two-Month Free Electricity | TheCable

April 23, 2020 Omoniyi Osadare 0

The Eko Electricity Distribution Company (EKEDC) says no decision has been reached on the proposed two months of free electricity for Nigerians. The electricity distribution companies (DisCos) had earlier said it was working to provide […]

Business

Lock Down: FG Release Guidelines For The Movement of Agricultural Produce By Joke Falaju

April 22, 2020 Omoniyi Osadare 0

In efforts to curtail food shortages and ensure 2020 crop production season is not hampered as a result of the lock down, the federal government, yesterday, unfolded new strategies to facilitate free movement of food […]

Business

Driving Sustainable Growth In Nigeria’s Agricultural Sector By Uka Eje

April 20, 2020 Omoniyi Osadare 0

Nigeria’s over-dependence on oil and its ability to stoke it into a fully-fledged industry over the past half-century clearly stemmed from its abundance. The potential of the agricultural industry is no longer in question – […]

Business

When Lockdown Hits Sports Betting, Viewing Centres | Punch

April 20, 2020 Omoniyi Osadare 0

In this report, EBENEZER BAJELA writes on the effect of the coronavirus lockdown on the sports betting and football viewing centres in Nigeria and how it has affected this sector At a food canteen in […]

Business

Nigeria Pegs Oil Output At 1.412m Barrels A Day: Sylva | PMNews

April 13, 2020 Omoniyi Osadare 0

Nigeria is set to peg its daily oil output at 1.412 Million barrels per day from the average 1.87mbd. The production cut will take effect from May-June 2019. Petroleum Minister, Timipre Marlin Sylva said Nigeria […]

Business

African Economies Hard Hit By Coronavirus Pandemic

April 13, 2020 Omoniyi Osadare 0

Sub-Saharan Africa has not been as badly hit by the coronavirus pandemic as some other parts of the world, but the economy is being pummelled. Here’s a look at the main issues. – Perfect storm […]

Business

‘So Many Side-Hustles Will Be Birthed Or Accelerated At This Time, And Some Will Take Over As Main Hustles’ By Tobi Awodipe

April 11, 2020 Omoniyi Osadare 0

Having worked in advertising for about a decade, tell us how brands can still remain relevant in these difficult times?Brands are actually living, breathing entities and so they can be relevant both by being authentic, […]

Business

DisCos: FG Will Pay For Proposed Two Months Free Electricity

April 11, 2020 Omoniyi Osadare 0

The electricity distribution companies (DisCos) say the proposed free electricity for Nigerians will be funded by the federal government. On Wednesday, the DisCos had said they were working to provide free electricity to all Nigerians […]

Business

Punch: Discos Offer Customers Two-Month Free Electricity

April 9, 2020 Omoniyi Osadare 0

Power distribution companies on Wednesday announced that they were in support of the proposal by the National Assembly and the Federal Executive arm of government that Nigerians should get two months of free electricity. Speaking […]

Banking

Polaris Bank Waives Loan Default Charge For Customers | TheCable

April 5, 2020 Omoniyi Osadare 0

Polaris Bank says charges would be waived for loan defaulters for three months. The bank said the waiver would be effective from March 1, 2020. The Central Bank of Nigeria empowers deposit money banks to […]

Banking

Fidelity, Stanbic IBTC Join Other Nigerian Banks In Limiting Dollar Spending | TheCable

April 3, 2020 Omoniyi Osadare 0

Fidelity Bank and Stanbic IBTC have joined counterparts, Zenith Bank and Guaranty Trust Bank (GTB), in lowering dollar spending limit on debit cards. Fidelity Bank told customers that it would impose a new limit of […]

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