Business

DANGOTE CALLS ON FG TO BAN TOTAL TOMATO IMPORTATION

The Managing Director, Dangote Tomato Processing plant in Kadawa, Kano State, Abdulkarim Kaita, has called on the Federal government to put a total ban on the importation of tomato paste into the country. He made the call while flagging off the distribution of tomato seedlings to 5,000 farmers under the …

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IKOYI PRISON JAIL-BREAK ATTEMPT DISTRUPTED.

The intervention of the men of the Nigerian Police and Army has foiled an attempted jailbreak at the Ikoyi Correctional Centre Lagos. The authorities of the correctional centre on noticing unusual movements by the inmates followed by smoke and fire coming from a section of the prison quickly called on …

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FG ASSURES ADEQUATE FUNDING FOR SIWES.

The Federal Ministry of Industry, Trade and Investment said it will work with relevant arms of government to ensure adequate funding of the Students’ Industrial Work Experience Scheme (SIWES) for its effective management. Mr Adeniyi Adebayo, the Minister of Industry, Trade and Investment, gave the assurance on Tuesday in Abuja …

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ANGRY PROTESTERS ALLEGEDLY SET ABLAZE TVC HEADQUARTERS

The reports came on the heels of yesterday shooting at End SARS protesters in Lekki Tollgate by the men of the Nigerian Military, An order which the state governor, Babajide Sanwolu has said it’s beyond his control. which people who claim anonymous sid the order is from Bola Amade Tinubu. …

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EMERGING ECONOMIES SHOULD PRIORITIES SME’S DEVELOPMENT.

Poverty and economic inequality are the greatest challenges of the 21st Century and the surest route to dealing with these issues are by the government. Government and its parastatals especially those of emerging economies, taking steps to grow and develop Small and Medium Enterprises (SMEs) is of utmost importance. Experts …

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RENO CALLS OUT TINUBU OVER SILENCE ON # ENDSARS

popular social media activist, Reno Omokri, has called out National Leader of the APC, Asiwaju Bola Ahmed Tinubu, over his silence on ‘End SARS’ protests. The author and lawyer took to his Twitter page to call out the National Leader. “Dear Bola @AsiwajuTinubu This was you in 2014. You were …

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FRIESLAND CAMPINA’S DAIRY CENTER LAUDED.

THE Federal Government has commended dairy giant FrieslandCampina WAMCO Nigeria Plc for expanding the frontiers of dairy development in Nigeria through the launch of the Centre for Nigerian Dutch Dairy Development (CNDDD). The initiative – CNDDD – will focus on improving dairy productivity and sustainability throughout the entire dairy value …

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BANKS MORTGAGE LOANS HIT N77.61BN

Banks gave out N77.61bn mortgage loans in three years, according to the latest figures obtained from the National Bureau of Statistics. The NBS stated in its selected banking sector report for the second quarter that N19.83bn, N32.09bn and N26.68bn were giving out in 2017, 2018 and 2019, respectively. According to …

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EFFECT OF TEXTILE MILLS COLLAPSE

The Nigeria fashion industry, with its creativity in the use of fabrics to produce alluring styles, is merely standing on one leg. Past governments, through their unstable policies, succeeded in diminishing efforts of enterprising designers, including Frank Oshodi, Zizi Cardow, Lanre Da Silva, Lisa Folawiyo, Deola Sagoe, among others, who, …

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STOCK MARKET LOSES N1BILLION AS BLUE-CHIPS STOCKS DECLINE,

Following price losses suffered by some blue-chip companies, transactions on the Nigerian Stock Exchange (NSE) declined marginally yesterday with the all-share index (ASI) depreciating marginally by 0.007 percent. It closed at 28,344.04 as against the 28,344.33 it opened with. The market capitalization also fell by N1 billion. Reacting to market …

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