Kwara rice farmers commends Gov AbdulRazaq’s irrigation empowerment
The farmers who are beneficiaries of the Kwara State Government Agricultural Inputs and Irrigation Equipment Empowerment Scheme have commended Governor AbdulRahman AbdulRazaq for improving the skills of local farmers and…
FG expresses concern over expatriate quota policy abuse
The Federal Government has expressed concerns over the ongoing abuse of the expatriate quota policy by both local and foreign companies. According to The Punch, the Federal Government stated that…
Stockfish importers complain about currency ban on products
The Premier Stockfish Importers Association of Nigeria asserts that given the ongoing prohibition on stockfish from accessing foreign exchange, the future of the stockfish industry is likely to remain bleak.…
FG to pause fuel subsidy removal
The National Economic Council announced in Abuja on Thursday that it has reached an agreement not to remove the petrol subsidy planned in June 2023. According to The Punch, this…
Mastercard profit falls as expenses increase
The multinational financial service provider, Mastercard experienced a decline in profit during the first quarter due to increased personnel costs, despite a surge in customer transaction volumes. Mastercard’s profit dropped…
PHOTOS: Osinbajo attends 5th business environment awards
The Vice President, Yemi Osinbajo, SAN attended the 5th Presidential Enabling Business Environment Council Awards as the special guest of honour and keynote speaker. The award ceremony held at…
NGX Group becomes first to bag EDGE certification
By Christian George The Nigerian Exchange Group Plc, better known as NGX has reportedly bagged Economic Dividends for Gender Equality certification. NGX has now become the first exchange…
FG reaffirms commitment to rubber tyre industry
By Christian George The Federal Government has restated its commitment to revive the rubber industry in Nigeria. This was made known by the Permanent Secretary of the Federal Ministry…
Samsung electronics’ profit hits lowest in 14 years
The global electronic giant, Samsung recorded its lowest quarterly profits in 14 years, citing slow consumer spending on electronics and an oversupply of microchips worldwide that affected its core memory…
NAHCO pre-tax profit rose by 315% in one year
Nigerian Aviation Handling Company Plc has announced that its pre-tax profit increased by 315.1 per cent in 2022 due to strong sales income and increased efficiency across the business. In…
Naira scarcity crippled Nigeria economy – UN
The United Nations has revealed that the Nigerian economy has been crippled by the shortage of naira in recent times especially the informal sector. This was revealed in its ‘Trade…
Nigerian institute invests in renewable energy training
The National Power Training Institute of Nigeria has announced that it has made investments in the renewable energy sector by providing extensive training to create an efficient workforce for the…