as operators grapple with COVID-19 fallouts Unilever, Cadbury, Meyer, others suffer loss amid weak spending Stop trend to avert job loss, social unrest, experts tell FG Capital market operators have expressed worry that the prolonged coronavirus pandemic and attendant Foreign Exchange (Forex) illiquidity may cause investors to lose their dividends this year. The pandemic and […]
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Expert predicts 50% unemployment rate rise Manufacturers lament looted warehouses Expect longer recession, economist warns Nigeria’s employment rate has continued to contract across manufacturing and non-manufacturing sectors as confidence in the economy continues to wane. The figures have become increasingly gloomy, pointing to recession, which economists say can be deeper than the 2016 experience.The Purchasing […]
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Cost of living reaches all-time high Inflation rate escalates, defies economic principles Protest may enhance accountability, improve investment outlook Nigeria’s economy, following weeks of youth protests, faces more economic risks in areas of unemployment, capital flight, and cost of living. Tension continues to build across the country as protests against bad governance and police brutality […]
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Access Bank has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths as well as micro, small and medium-sized businesses. The bank disclosed this through its official LinkedIn page. It said the move was to support businesses following the crippling COVID-19 lockdown as well as the looting […]
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By Olamide Francis The theme of this year’s World Food Day – “Grow, nourish, sustain together. Our actions are our future.” – is a wake-up call to all and sundry especially African nations and more importantly, sub-Saharan nations. It reiterates the common advisory proverb of “If you fail to plan, you’re planning to fail.” With […]
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The National President of the Poultry Association of Nigeria (PAN), Ibrahim Mam, has urged poultry farmers in the country not to be discouraged by the situation facing the business in the country. The president, who was represented by the National Vice-President, Southwest of the association, and Ekiti State Commissioner for Agriculture and Food Security, Prince Olabode Adetoyi, […]
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Chief Executive Officer, Titan Multibusiness Investment Limited (Parent company of Titan Farms that processes Titan Rice), Gbenga Eyiolawi, speaks with Omolara Akintoye on how agro business has thrived despite the COVID-19 pandemic, the risks involved in the business and how government can assist agro farmers. Excerpts: What has changed about Agro business with COVID-19 ? […]
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Lagos State Governor, Sanwo-Olu Lagos highest with 33.4% Jigawa, Yobe, Niger, Taraba lead laggards FAAC allocation constitutes 65% of total revenues of states States with least IGRs gets smallest bank loans Bank credit distribution by states hits N18.90tr Three out of the 36 states of the country– Lagos, Rivers and Delta – and the Federal […]
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Students who wish to study Agricultural Sciences related courses at Landmark University, Omu Aran, Kwara State, would henceforth undergo their studies free of tuition. Chancellor of of the institution, Dr David Oyedepo, has reportedly removed tuition for Agricultural Sciences in the university. It was learnt that “Dr Oyedepo has introduced an added incentive to students […]
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By Banji Ayoola The future of Ondo State’s economy lies in the Southern Senatorial District of the state, Governor Oluwarotimi Akeredolu, has declared. He made this declaration at the ground-breaking ceremony of the Alape Garden City in Ilaje Local Government area of the state, a location of less than one hour to Lekki, Lagos state. […]
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