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Insecurity: Buhari To Launch Deep Blue Project On June 10

June 6, 2021 Omoniyi Osadare 0

President Muhammadu Buhari will launch the Deep Blue Project under the Integrated National Security and Waterways Protection, on June 10, in Lagos, a move that is meant to protect Nigeria’s waterways. This was disclosed by […]

Business

GOtv’s Broadcast Infrastructure Footprints By Olasupo Soyombo

June 1, 2021 Omoniyi Osadare 0

Ex-nihilo, a Latin adverb I first heard of in my religious studies class in my first year the university, has stayed with me. For those who do not know the meaning, let me quickly say […]

Business

Giving Cows Human Status

May 31, 2021 Omoniyi Osadare 0

It would amount to self-deceit for anybody to assume all is well in the country today. The atmosphere is tensed up leaving everybody in a worrisome state of perpetual fear. Fear of insecurity. Fear of […]

Business

Why Nigeria’s Food Products Can’t Compete Globally, By Minister By Sodiq Omolaoye

May 31, 2021 Omoniyi Osadare 0

Minister of Science and Technology, Ogbonnaya Onu, has said the low and inappropriate application of science, technology and innovation in agriculture in Nigeria is responsible for the inability of nation’s agricultural products to compete globally. […]

Business

Despite 20% Global Cassava Share, Low Yield Denies Farmers Bumper Harvest By Gbenga Akinfenwa

May 30, 2021 Omoniyi Osadare 0

Despite accounting for approximately 20 per cent of global cassava production, Nigeria’s cassava seed system is bedeviled with low yield of smallholder farmers, among other challenges. A partner at Sahel Consulting, Temitope Adegoroye, who disclosed […]

Business

Experts Harp On Local Content As FAO Celebrates International Tea Day

May 21, 2021 Omoniyi Osadare 0

By Femi Ibirogba May 21, tagged International Tea Day by the Food and Agricultural Organiosation (FAO), is an opportunity to celebrate the cultural heritage, health benefits and economic importance of tea. Green tea leaves have […]

Business

WorldRemit Reaffirms Commitment To CBN’s Naira 4 Dollar Scheme By Benjamin Alade

May 21, 2021 Omoniyi Osadare 0

Global cross-border payment company, WorldRemit, has said it would continue to reward customers who receive international money transfers through its partner banks in Nigeria. The promise is in line with the extension of the Central […]

Business

Nigerian Breweries Eyes 800MW Yearly Power Generation, 70% Renewable Energy Utility

May 21, 2021 Omoniyi Osadare 0

Nigerian Breweries Plc has unveiled plans to achieve over 70 per cent renewable energy usage by 2030, describing the move as part of its contribution to reducing carbon footprints from its production plants across the […]

Business

Dangote Is a ‘Beast’: An Encounter With Africa’s Most Under-Celebrated First Son By Sujibomi Ogundele

May 21, 2021 Omoniyi Osadare 0

“Suji my son, you must follow me somewhere, I want to blow your mind and quadruple your vision”. This was a message I got from my royal father, the Ooni of Ife, HRH Adeyeye Enitan […]

Business

NALDA Secures 103 Hectares To Establish Integrated Farm Estate In Ebonyi

May 20, 2021 Omoniyi Osadare 0

As part of efforts to boost food security and increase job creation, the National Agricultural Land Development Authority (NALDA) has secured 103 hectares of farmland for the establishment of integrated farm estate in Ebonyi State. […]

Banking

Access Bank Buys Mozambique’s African Banking Corporation — Fifth Acquisition In 4 Years By Aderemi Ojekunle

May 19, 2021 Omoniyi Osadare 0

Access Bank Plc, Nigeria’s biggest bank by customer base, has completed the acquisition of African Banking Corporation in Mozambique, backed by a London Stock Exchange-listed group, Atlas Mara Limited. This is the bank’s fifth acquisition […]

Business

Why Cement Prices Are Going Up — Dangote

May 18, 2021 Omoniyi Osadare 0

By Emeka Anaeto and Cynthia Alo Dangote Cement Plc may have stepped up its expansion programme in response to the recent developments in the cement market in Nigeria. The development may have also forced the […]

Business

Experts Suggest Way Forward As Food Inflation Bites Nigerians Harder By Femi Ibirogba

May 18, 2021 Omoniyi Osadare 0

Food and agricultural scientists, as well as stakeholders in the agro-industrial sectors have suggested construction of food storage facilities at every local government and state, as well as boosting farm mechanization to increase productivity per […]

Business

Nigeria’s Inflation Rate Slows To 18.12% In April — First Decline In 20 Months by Aderemi Ojekunle

May 17, 2021 Omoniyi Osadare 0

The consumer price index, which measures the rate of change in the price of goods and services, dropped to 18.12 percent in April from 18.17 in March. The last time it dropped was in 2019 […]

Business

N120b Petrol Subsidy To Double As CBN Adjusts Exchange Rate

May 17, 2021 Omoniyi Osadare 0

As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions to lock horns with the […]

Business

Low Income Earners Groan As Prices of Foodstuffs, Agro-Commodities Go Up By Gbenga Akinfenwa

May 16, 2021 Omoniyi Osadare 0

Chronic hunger and famine, arising from the rising cost of food crops and other agro commodities appear to be hitting many parts of the country. Indeed, Nigerians, especially the low-income earners and the vulnerable are […]

Business

WhatsApp To Force Users To Accept Changes To Terms of Service | Guardian (UK)

May 15, 2021 Omoniyi Osadare 0

On Saturday, WhatsApp will finally begin to force users to accept its controversial new terms of service, almost half a year after it first announced plans to do so. Despite an immediate backlash from users, […]

Business

Crypto Market Tumbles As Elon Musk’s Tesla Suspends Bitcoin Payment Option

May 13, 2021 Omoniyi Osadare 0

The cryptocurrency market plunged Thursday morning, after Elon Musk, chief executive officer of Tesla, announced that the electric carmaker has suspended bitcoin payment option. In March, Tesla had introduced bitcoin payment option for the company’s […]

Business

Expert Tasks African Leaders On Research, Innovative Methods To Process Nutritious Foods By Gbenga Akinfenwa

May 9, 2021 Omoniyi Osadare 0

African leaders have been advised to invest in research and development and to also encourage innovative ways to process nutritious foods through indigenous food products. The Chief Executive Officer of Wandieville Media, Yewande Kazeem, who […]

Business

Jeff Bezos Sells $2 Billion Worth of His Amazon Shares

May 6, 2021 Omoniyi Osadare 0

Amazon boss Jeff Bezos has sold nearly 2 billion dollars worth of his shares in the online retailer this week, filings from the US Securities and Exchange Commission showed on Wednesday. Bezos has sold Amazon […]

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