The National Biosafety Management Agency (NBMA) has described as untrue, rumour of Genetically Modified (GM) mangoes, grape fruits, cassava and others in Nigerian markets, noting that the claim is completely false and an indication of […]
Access Bank Plc has issued a five-year fixed rate senior unsecured green bond to the tune of N15 billion making it the first corporate green bond to be issued in Africa. The bond offer, which […]
The sanctioning of the Diamond and Access bank merger by the Federal High Court Tuesday has signed off on the 29-year life of the latter. Trading on the shares of Diamond Bank, which was founded […]
Telecommunications operators are considering a review of call tariff in selected states in the country, investigations have revealed. The new tariff, according to findings, will reflect the cost of doing business in the affected states. […]
The Federal Inland Revenue Service (FIRS) says it has no plans to increase the rate of value added tax (VAT) from 5 percent to 50 percent. The tax administration agency was reacting to reports that […]
Postal service including the courier has been hailed as capable of delivering return on investment if well-structured and managed. However, there are divergent views on the issue of deregulating the sector to make it a […]
On May 29 or June 12, as the case may be, Muhammadu Buhari will officially be sworn in for a second term as a democratically elected president of the country. Head, Agro-Economy Desk, FEMI IBIROGBA, […]
Cultivation of hibiscus flower holds a lot of potentials for Nigeria as foreign exchange earner. Though it is one area of farming that has been neglected over the years, it has been discovered to hold […]
The Okomu Oil Palm Company is expected to keep profit stable for the 2018 operations despite an inability to grow sales revenue. The company achieved an 86% advance in after-tax profit in 2017 from a […]
News about Nigeria overtaking Egypt in rice production have been making the rounds and some political loyalists have been sharing the news with joy. Before now, Egypt was Africa’s largest rice producer, cultivating 445,000 hectares […]
FEMI IBIROGBA, Head, Agro-Economy Desk, writes on how farmers make millions of naira through space, water-efficient and crop-protective technologies of greenhouses. Inadequate farm irrigation facilities in Nigeria and dramatically changing climate as a result of […]
If, according to former President Olusegun Obasanjo, former Vice President Atiku Abubakar believed that money can buy everything and everything, the result of the presidential election has taught him otherwise. Given the ethnic nature of […]
The market capitalisation of the Nigerian Stock Exchange (NSE) shed N85 billion in what traders have attributed to profit taking in reaction to the results of the presidential poll. The market, which opened at N12.194 […]
As part of its corporate social responsibility, Leadway Assurance has donated a brand new fully accessorized Nissan patrol van to the Iponri Police Division of the Nigeria police force. The accessorised vehicle houses saterlite for […]
The National Insurance Commission (NAICOM) has granted GOXI Microinsurance Company Limited an operating license under the State Composite Micro-insurer category, in effortsto deepen insurance penetration and acceptance in the country. Among the requirements listed in […]
FBNInsurance Limited and FBN General Insurance Limited, have reached out to the Heritage Homes and the Down Syndrome Foundation, as part of companies appreciation activities to give back to the society across the country. In […]
Sesame seed is considered Nigeria’s second largest agro export earner, with the potential of generating billions of naira in foreign exchange yearly, if given the necessary attention it deserves.It is a cash crop with wide […]
Kimberly-Clark, manufacturers of Huggies diapers, says it will shut down operations at its Lagos factory in the second quarter of the year. In a statement released by the company, it said it would build a […]
WorldRemit, a digital money transfer service, has introduced “low-cost online money transfers” from South Africa to Nigeria. In a statement on Tuesday, the company said Nigerians living in South Africa can now send money to […]
The poor performance of the Nigerian economy may not be unconnected with the poor transport structure, which poses challenges to businesses and distribution of goods and services. Renowned Economist, Prof. Pat Utomi, made the assertion […]
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