Oil tops $50/bbl but Nigeria not at the party

Oil-rally

Brent oil climbed above 50 $/bbl this morning for the first time in nearly seven months, boosted after US government figures showed a sharper-than-expected drawdown in crude stocks last week. However, More...

by editor | Published 7 hours ago
cassava flour

FG sets 4-year target to end huge import bill on agric products

Federal Government says the huge import bill incurred from the importation of agriculture products, particularly rice, will come to More...

Cassava-Farm

Union Dicon completes purchase of 2,000ha Cassava farm

The huge potential of the cassava value chain has been further keyed into by Union Dicon plc with the company signing a share subscription More...

palm oil production

Imo to generate N40bn from palm oil, rubber

The Imo State Government on Wednesday said it would generate over N40 billion annually from rubber and palm oil plantations it established More...

agric-products

PIND plans to partner Cross River in boosting agriculture

Dara Akala,  Program Director of the Foundation for Partnerships initiative in the Niger Delta (PIND) has revealed plans to partner More...

TREMEC Agricultural Drivetrain Products

Agric extension services: From too few to none at all

 Nigerian small scale farmers lag behind because of their inability to access extension services writes Josephine Okojie. Despite More...

Dangote-flour

Dangote flour re-opens Kano plant to save 3000 jobs  

As part of its restructuring process for greater market share, Dangote Flour Mills has reopened its plant in Kano with plans to grow More...

livestock

MTN launches livestock tracking solution

In a bid to address the problem of cattle grazing and the judicious use of land across the country, MTN Nigeria has launched the MTN More...

nafdac

NAFDAC to enforce new policy on imported food registration

The National Agency for Food and Drug Administration Control (NAFDAC) is set to start enforcing a new policy on the registration of More...

sujimoto

Coca-Cola restructures, Nigeria to serve as regional hub

Coca-Cola-Ice

The Coca-Cola Company has  announced a new streamlined international structure to better align its operating units against its global bottling footprint and to promote and develop More...

African leaders at AfDB meeting want increased nutrition investments

osinbajo-adesina

Key African leaders at the African Development Bank (AfDB) Annual Meeting, in partnership with the Global Panel on Agriculture and Food Systems for Nutrition, outlined a vision More...

Cluttons foresees further rent fall

Rent

Cluttons Nigeria, a real estate services provider, says that for a combination of factors there may be a further drop in prime office rent, as the market will be expecting about More...

Akinwunmi-Ambode

Ambode outshines others in CGPI ranking

Lagos, Africa’s 7th largest economy and its Governor, Akinwunmi Ambode outperformed others in the 2016’s CIAPS Governors Performance Index (CPGI), finishing strong at top More...

Dana Airline  flights grounded as pilots go on nationwide strike

The flights of Dana airlines this morning were grounded over late payment of compensation tokens as promised by the management when salaries were delayed as a result of aviation More...

Union Bank’s rebrand reflects new proposition

Union Bank

Union Bank’s new brand identity, which was unveiled October 2015, has won two gold awards at the Transform Awards MENA More...

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

Communication

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

GREGORY KRONSTEN In favour of an elastic band (for the fuel price)

The authorities have made a bold step with the new pricing regime for premium motor spirit...

Christopher Akor Obasanjo’s confession and the lessons of history

When Olusegun Obasanjo described General Mohammadu Buhari, in his memoires – My Watch – as not...

Olugbenga The chronicles of confusion

I grew up hearing that patience is a virtue, but events over the last 12 months...

Nigeria bond yields fall as traders buy debt after FX shift

Bonds

Yields on Nigeria’s government bond fell across maturities on Wednesday as traders bought debt to cover More...

Nigerian stocks near 5-month high after central bank FX shift

Nigerian stocks soared to near a 5-month high on Wednesday with banks leading the charge, driven by hopes that a more..

Nigeria forwards surge as stocks rise on expected Naira adjustment

Naira forward rates soared to a record and U.S.-traded Nigerian stocks gained as traders increased bets that the central bank will..

United Capital sells 50 per cent holding in United Metropolitan Life

Oluwatoyin Sanni, CEO, UBA Capital Group

South African life insurer MMI Holdings has acquired full ownership of United Metropolitan Nigeria Life Insurance More...

Government revenues fall in April on low oil prices – Adeosun

Nigeria’s distributable revenues to the three tiers of government fell in April to N281.5 billion ($1.42 billion), down N18.25 billion from..

Nigerian banks submit dollar bids at 197, eyes FX shift

Nigeria’s central bank told commercial lenders to fund their naira accounts and submit bids for dollars on Thursday at 197, traders..
MTN

MTN utilises N34bn 700MHz spectrum licence

MTN Nigeria has concluded plans to play in Nigeria’s cable TV market using its 700MHz frequency licence acquired from the Nigerian..
PHOTO/DOC./PRO. PHOTO/APR. 10/IDRIS.
L-R:COMMISSIONER FOR HEALTH LAGOS STATE, DR. JIDE IDRIS; CHAIRMAN, LAGOS STATE MEDICAL ADVISORY COMMITTEE, DR. ORE FALOMO; AND CHAIRMAN, EDENFIELD HEALTH FOUNDATION, MR. ITUAH IGHODALO, DURING THE PRESS CONFERENCE ON EKO FREE HEALTH MISSION, IN LAGOS... ON TUESDAY.
PHOTO: SEGUN BAKARE

Non-oil exports 6% contribution pushes CBN to float N550bn stimulation fund

The dismal performance of the non-oil export has pushed Nigeria’s central bank to float N550 billion export funds to spike the..
female-entrepreneurs

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..
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