Trading

Grassroot Agricultural Cooperative Society on Friday, signed a Memorandum of Understanding (MoU) with  Mbeng Adio Mushroom Farms Global LCC, Deleware, USA , for enhanced mushroom production and marketing.   Mr Victor Olusan, the President of the society, speaking on the sideline of the ceremony in Abuja, described the MoU as groundbreaking for the off taking […]

The Federal Inland Revenue Service (FIRS) has announced that it is proposing the introduction of Road Infrastructure Tax in Nigeria. The new tax is to help fix the roads across the country and ensure that the informal sector is brought into the tax net with contribution to building a modern society. The disclosure was made […]

According to data obtained from the Central Bank of Nigeria, it says Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark. The CBN data showed that the reserves rose to $40.76bn on October 20 from $36.78bn as of the end of September. The reserves, which had maintained a growth trajectory in […]

The Kwara State Government has announced plans to sponsor three winners of “Kwara Pitch Competition” to the Intra-Africa Trade Fair 2021 scheduled for Durban, South Africa in November. IAFA is a platform to reach an integrated African market and it is the most critical point of convergence for investors and individuals wanting to do business […]

The Managing Director and Chief Executive Officer of the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Mr Aliyu Abduhameed has advised participants at the Guild of Editor’s Conference to have an alternative economic livelihood. He gave the advice while delivering a lecture on the topic; “Accessing Capital for Alternative Career Development for Editors,” at […]

The Ambassador of Japan to Nigeria, Mr Matsunaga Kazuyoshi, says the total trade volume between Nigeria, the economic powerhouse in Africa, and Japan is  one billion dollars per year. Kazuyoshi stated this via a recorded video, on Monday, at the inauguration ceremony of a two- week anti-piracy first  course organised by the Martin Luther Agwai […]

The Nigeria government is targeting a 5% GDP growth, 21 million jobs and the lifting of 35 million people out of poverty in the National Development Plan 2021-2025. The draft of the plan was presented to Friday’s virtual meeting of the National Economic Council presided over by Vice President Yemi Osinbajo. Minister of State for […]

Underwriters under the auspices of the African Insurance Organisation (AIO) have urged African insurers to drive insurance growth and deepen penetration using technology, with focus on artificial intelligence.   The call is contained in a 10-point communique issued on Monday by Mrs Ebelechukwu Nwachukwu, the Chairman,  Local Organising Committee of AIO at the end of […]

The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged award of a coastal shipping contract to a foreign company.   Rep. Legor Idagbor, the Chairman, House Committee on Nigerian Content Development and Monitoring, issued the summons on Wednesday, in Abuja, during an investigative […]

The Edo State Government has alerted residents to the activities of fraudsters selling fake hard copy admission forms into Edo State College of Nursing Sciences.   Permanent Secretary, Edo State Ministry of Health, Dr. Osamwonyi Irowa, said there are no physical forms for admissions into the College, noting that all forms must be obtained from […]