The Federal University of Agriculture, Abeokuta, FUNAAB, has developed what it called first improved indigenous chicken breed called the ‘FUNAAB Alpha.’ The Vice-chancellor of the institution, Prof. Kolawole Salako, disclosed this on Tuesday while briefing journalists about the breakthrough and the presentation of certificate of ‘FUNAAB Alpha’ by the National Centre for Genetics Resources and […]
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How past Nigerian leaders, including a military dictator, Ibrahim Babangida, former President Olusegun Obasanjo and former President Goodluck Jonathan, among others, spent the humongous oil revenues that accrued to the country especially since 1990 is baffling to the Federal Government, according to the Vice President, Prof Yemi Osinbajo. Within the period, at least $982.8 billion […]
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As part of efforts at boosting the tree crop sub sector of the agricultural value chain, the Ondo State Government has established another Cocoa Plantation at Ijugbere in Owo Local Government Area. The project to be on two thousand hectares of land of which 35 hectares have been planted with improved cocoa seedlings, also has […]
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The horrendous unemployment crisis in Nigeria could only be solved with the change of the current perception of skills acquisition as a preserve for the never-do-wells, the poor and the wretched in our society. If Nigerians successfully change the perception of about technical skills, the problem of unemployment and other development issues would have been […]
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• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.Market capitalisation rose […]
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Trading activities on the Nigerian Stock Exchange (NSE) sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day. The crucial market indices appreciated further with 0.63 per cent growth, following gains by some blue chips. Specifically, the market capitalisation inched N81 billion or 0.63 per cent to […]
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Agricultural, manufacturing and the sectors considered as growth and employment stimulating, can now borrow long term as much as N10 billion at consolidated nine per cent interest rate under new guidelines issued by the Central Bank of Nigeria. The new credit policy called Guidelines for Accessing Real Sector Support Facility (RSSF) through CRR and Corporate […]
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The 3rd Annual Maritime Conference holding in Lagos has unveiled that Nigeria controls 70 per cent of the economies of West and Central Africa. The conference with the theme, “ Port Costs and Ports Charges: A Recurring Decimal under Port Reform Regime”, was held in honour of Dr. Taiwo Afolabi, Group Executive and Vice Chairman, […]
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The Nigerian Stock Exchange (NSE) recorded the first gain for the week with the market capitalisation increasing by N236 billion on Friday. Newsmen report that the market capitalisation inched N236 billion of 1.87 per cent to close at N12.874 trillion against N12.638 trillion achieved on Thursday. Also, the All-Share Index rose by 649.57 points or […]
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The Naira gained 40k against the dollar at the end of Friday trading, exchanging at N359.6 stronger than N360 traded on Thursday. The Pound Sterling and the Euro closed at N469 and N413 respectively. At the Bureau De Change window, the Naira exchanged at N360 to the dollar, while the Pound Sterling and the Euro […]
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