Business

The naira, on Monday, continued its depreciation streak at the parallel section of the foreign exchange (FX) market. The local currency began the week at N1,225 per dollar — weakening by N55 or N4.70 percent compared to the N1,170 it traded last Thursday. Bureaux De Change (BDC) operators, popularly known...

By Obansa Ibrahim, Lokoja The permanent Secretary, Ministry of agriculture and Food Security, Dr. Ernest Umakhihe on Saturday Commissioned the Agribusiness Incubation Center located at Federal University Lokoja. The commissioning took place on Saturday during the 6th and 7th Convocation ceremony of the institution. The permanent secretary, said that Government...

The Lagos State Governor, Babajide Sanwo-Olu celebrated the World Food Day at the Police College Parade Ground, Ikeja, Lagos, on Monday. According to the Senior Special Adviser to the Governor on New Media, Jubril Gawat, Sanwo-Olu was the Special Guest of Honour at the Grand Finale of the Year 2023...

One of Africa’s leading Public Relations and Communications Consulting firms, Chain Reactions Africa has called on government and businesses in Nigeria to keep an eye on the rising wave of a new variant of populism amongst the youth as it could upend both government and businesses.   The rise of...

..as Engineer Sule performs groundbreaking for 250m UDS lithium processing factory The Federal Government has henceforth banned the exportation of raw solid minerals by mining companies out of the country. Minister of Solid Minerals Development, Dele Alake, disclosed this while speaking at the groundbreaking ceremony a Chinese N250m USD Ganfeng...

Governor Bassey Otu has given the commitment of his government to partner with the new UKaid-funded climate change programme in Nigeria, Propcom+. The programme is aimed at supporting agroforestry initiatives targeting at improving climate resilience and incomes of smallholder farmers in the state through new agroforestry and sustainable land use...

…Moves to track, and prosecute peddlers of falsehood Management of Dangote Cement Plc has denied reports, in some online platforms that it has embarked on sales promotion and has further adjusted its prices. In response to the misleading report, the Chief Branding and Communications Officer of the Dangote Group, Anthony...

By Ali Abare Unemployment has become a major problem bedeviling the lives of Nigerian youths, causing increased militancy, violent crimes, kidnappings, restiveness, and socially delinquent behaviour. Youth unemployment is devastating to both the individual and the society as a whole both psychologically and economically. The National Bureau of Statistics (NBS)...

Lagos State is set to experience a flurry of activities towards the end of the year that will stamp its authority as the choice tourist destination in December.  The Honourable Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka disclosed during the visit of a delegation from the organisers of...

By Eric Ojo African banks remain exposed to physical climate risks due to both sovereign and industry lending, according to a new report. The report which is entitled, “Financing in Africa Survey 2023″, is published by the European Investment Bank (EIB), a long-term lending institution of the European Union (EU),...