Nigeria produces 2m metric tonnes of onions annually ― Agric Minister

Producers canvass for increased production to meet local demand Nigeria produces about two million metric tonnes of Onions annually, the Minister of Agriculture and Rural Development, Mr Muhammad Abubakar, has told the 4th Regional Onion annual conference and general meeting holding in Kano. The event was organised by Regional observatory on Onions for West and […]

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Mastercard Foundation to create 10 million jobs for youths

Mastercard Foundation has reaffirmed its commitment to addressing unemployment in Nigeria by providing access to dignified and fulfilling jobs for 30 million young people under its Young Africa Works strategy, 10 million of which will come from Nigeria. This was disclosed by the Country Head, Mastercard Foundation Nigeria, Chidinma Lawanson, during a panel session themed, […]

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MultiChoice rejects tax tribunal’s ruling on $342m payment

MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has rejected Tuesday’s ruling of the Tax Appeal Tribunal (TAT), which dismissed its appeal against the $342million Value Added Tax (VAT) bill slapped on it by the Federal Inland Revenue Service (FIRS). The company, which made its position known in a statement yesterday, also stated […]

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FBN Holdings affirms Hassan-Odukale as single largest shareholder

FBN Holdings Plc has affirmed that Mr. Tunde Hassan-Odukale holds the single largest equity stake in the group. He is followed by Mr. Femi Otedola. In a regulatory filing yesterday at the Nigerian Exchange (NGX), FBN Holdings (FBNH) stated that its current shareholders’ structure show two shareholders with “material” or significant or substantial shareholdings of […]

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Oyo to integrate farmers into development plan

Oyo State Government has reassured smallholder farmers of improved support and integration into the development plan of the state, in accordance with the four points agenda of the Governor Seyi Makinde led administration. This, the Government said, would spur productivity and enhance the quality of food consumed by the people in the state. Commissioner for […]

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CBN floats N500m grant for undergraduate, graduate entrepreneurs

CBN Governor Godwin Emefiele The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote entrepreneurship and reduce unemployment. It disclosed this on Wednesday in a report, titled ‘Guidelines for the implementation of tertiary institutions entrepreneurship scheme’. “Five top Nigerian polytechnics and universities with the best entrepreneurial pitches/ideas […]

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World Food Day: Oyo recommits to food sufficiency

Oyo State Government has reiterated its commitment to support Farmers and youths in the state, in a bid to achieve food sustenance and sufficiency. This was contained in a statement by the Commissioner for Agriculture and Rural Development, Hon Adeniyi Adebisi, to commemorate the World Food Day today. The statement was signed by the Commissioner […]

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Mysp Pharma to increase pharmaceutical drugs distribution in Nigeria

The management of Mysp Pharmaceutical Nigeria Ltd (Mysp Pharma) is strongly devoted to catapulting the company into a prime player in the pharmaceutical sector in terms of quality and distribution. In order to achieve this, the company has activated a restructuring process to ensure that its products reach all parts of the country. As part […]

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Nigeria at 61: Access Bank to reward 14 customers with N1m each

Access Bank Plc is set to reward 14 customers with N1 million each in the DiamondXtra Independence Splash to commemorate Nigeria’s 61st Independence Anniversary. Mr Victor Etuokwu the bank’s Executive Director, Retail Banking, made this known in a statement made available to the newsmen in Lagos on Monday. “The DiamondXtra Independence Splash draw which is […]

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Exchange rate: FG to ‘shut down’ popular Aboki FX website

The Federal Government on Friday declared that it will shut down the operations of Aboki FX, a website providing currency exchange information, which it described as an illegal and criminal platform. The Governor of the Central Bank of Nigeria, Godwin Emefiele, who disclosed this while fielding questions after the Monetary policy committee’s two-day meeting in […]

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