Asoko Sector Brief – Nigeria Agri-Finance Q2 2016

With agriculture representing more than one-third of Nigeria’s GDP on an annual basis and accounting for more than half of total More...


Olam expands operations to reduce agro-import bill‎

Meeting Nigeria’s food security needs and providing an increased export balance has been identified as a core value, which has More...


El-Rufai declares state of emergency on tomatoes

Ahead of May 29 democracy day, Kaduna State government has declared a state of emergency on tomatoes due to the Tomato Blight (Tuta More...

tomato paste on the plate with tomatoes

Reps probe illegal importation of tomato paste via porous borders

House of Representatives on Wednesday resolved to investigate the alleged importation of fake, substandard and cancer-causing tomato More...


North-West leaders partner AfDB on agric development strategies

Leaders of Nigeria’s North-West region invited the African Development Bank (AfDB) to review the agricultural development strategy More...


Poultry contributes 25% to Nigeria’s GDP – PAN President

The Poultry Association of Nigeria (PAN) says the poultry sub-sector is contributing 25 per cent to the nation’s Gross Domestic Products More...


Consumers switch to pastes as prices of tomatoes skyrocket

Fresh tomato consumers are gradually switching to pastes on account of a ravaging disease known as ‘Tuta Absoluta’, which has forced More...


‘Nigeria spends $480m annually on ethanol importation’

Audu Ogbeh, Minister of Agriculture and Rural Development, has said that the country spends $480 million (N96 billion) annually in More...


GTBank redeems $500,000,000 Eurobond


Guaranty Trust Bank plc  has redeemed the outstanding portion of the $500,000,000.00 Eurobond Notes due May 19, 2016. In February 2016, the bank successfully issued a Cash Tender More...

Megamound reviews projects size, products offering as market slows


Authorities of Megamound Investment Nigeria Limited have said that they have scaled down the size of projects they are known for as a response to the slowdown in the economy More...

Lubcon strikes manufacturing deal with Japanese firm


JX NIPPON, one of the biggest oil and gas companies in Japan has appointed Lubcon to blend its Yamalube brand on its behalf for the Yamaha Motorcycles and outboard motors being More...


Buhari seeks collaboration on maritime security in Gulf of Guinea

President Muhammadu Buhari on Tuesday called for greater international collaboration between the Nigerian Navy and other stakeholders in tackling maritime security challenges in More...

Buhari appoints Babandede,  Ja’afaru, CGs of Immigration, Prisons

President Muhammadu Buhari has approved the appointments of Mohammed Babandede and Ahmed Ja’afaru, as the Controllers-General (CGs) of the Nigeria Immigration Service More...

Stakeholders see communication as key to state-society bond, nation building


Denigration of Nigeria abroad, an unfortunate conduct various stakeholders believe is engineered and contrived from home, More...

Organizations that don’t embrace trend may disappear, says Tnsrms CEO


Adeola Tejumola is the CEO West, East and Central Africa Kantar Consumer Insight, putting under this purview probably More...

Mazi_Sam_Ohuabunwa Deregulation of the downstream sector: Matters arising 

The federal government surprised most Nigerians last week, with the sudden deregulation of the downstream petroleum...

MA_Johnson Oil: A wealth provider, not wealth creator

Oil is a blessing to most nations. But the blessing that flows from oil is mismanaged...

Rafiq Raji Recession likely, devalue naira now.

It is no longer news that the Nigerian economy contracted by almost half of a percent...

Analysts place a BUY rating on UBA stocks amid economic turbulence


Analysts have unanimously placed a BUY rating on the stock of United Bank for Africa Plc (UBA), the lender with More...

Improved mobile payment spurs Fortis Microfinance to growth

A secure, scalable mobile payment platform for both online and proximity transactions have spurred Fortis Microfinance Bank Plc to growth amid economic..

FINCA launches Nigeria’s first microfinance agency banking

FINCA Micrifinance Bank Nigeria has launched what would come off as Nigeria’s first successful agency banking model at the microfinance level...

Nigeria FX reserves down 2.7 percent as markets eye rate decision


Nigeria’s forex reserves fell 2.7 percent to $26.56 billion by May 20 from a month earlier, central bank More...

SEC moves to raise voting powers of retail investors

Securities and Exchange Commission (SEC) will soon announce some fresh rules that should guide the conduct of Annual General Meetings (AGMs),..

Minister reels out plans to tackle MRO, forex remittance, other aviation challenges 

As aviation stakeholders and experts meet in Abuja to discuss aviation and other critical issues, Hadi Sirika, aviation minister, has listed..

MainOne clinches 3rd wholesale provider award, discusses broadband outlook at West African telecoms event

MainOne, West Africa’s premier connectivity and data center solutions company, has for the third time, received the Telecoms Wholesale Provider of..

Understanding Artificial Intelligence

Residents of Pittsburgh, Pennsylvania, are witnessing the new dawn of intelligence, driverless cars released on their streets by Uber, a ride..

We develop capacity of entrepreneurs before making credit available- BoI

The Bank of Industry (BoI) says it first develops the capacity of operators of micro, small and medium enterprises (MSMEs) before..