Seyi Makinde inaugurates project monitoring committee for RAAMP in Oyo

Today, Gov. Seyi Makinde inaugurated the project monitoring committee for Rural Access and Agricultural Marketing Project (RAAMP) in Oyo State. The Rural Access and Agricultural Marketing Project (RAAMP) is a Federal Government-sponsored project under the World Bank and other donor agencies with payment of 12 percent counterpart fund project worth by interested state to cater for the construction and rehabilitation of up to 1,000 kilometres … Continue reading Seyi Makinde inaugurates project monitoring committee for RAAMP in Oyo

Union Bank shareholders approve 25k dividend

Shareholders of Union Bank of Nigeria (UBN) Plc have approved the Group’s 2019 annual accounts as well as the recommended dividend of twenty-five (25) Kobo per N0.50 ordinary share during the Bank’s first-ever virtual Annual General Meeting (AGM) which held yesterday in Lagos. Addressing shareholders during the AGM, the Bank highlighted some of its key achievements in 2019, including – the launch of alpher, the … Continue reading Union Bank shareholders approve 25k dividend

Oyo State Government sign Agribusiness Development Agency Bill into law.

Gov. Seyi Makinde has signed the Oyo State Agribusiness Development Agency (OYSADA) Bill into law. The signing of the bill into law took place at the Government House, Agodi, Ibadan. In his address shortly after signing the bill into law, the Governor made it known that Agribusiness is one of the cardinal programmes of the current administration, and signing of the Agency bill into law … Continue reading Oyo State Government sign Agribusiness Development Agency Bill into law.

Lagos to Hold Makeshift Food Markets in Schools on Thursday

The Lagos State Government has announced that the Easter edition of the emergency neighbourhood food markets comes up next Thursday. The State Commissioner for Agriculture, Prince Gbolahan Lawal, who disclosed this today, noted that the neighbourhood food markets will be open in 27 of the selected public schools within 14 Local Government Areas of the State. He explained that that the neighbourhood food markets were … Continue reading Lagos to Hold Makeshift Food Markets in Schools on Thursday

Lagos Sets up Temporary Food Markets in Schools

Sequel to the directive of Governor Babajide Sanwo-Olu, on Tuesday, that some school grounds be used as temporary markets as part of measures to curb the spread of Coronavirus (COVID-19), the Ministry of Agriculture has set up sites for food and agricultural produce in selected schools across Local Governments in the State. The Commissioner for Agriculture, Prince Gbolahan Lawal disclosed this development, noting that the … Continue reading Lagos Sets up Temporary Food Markets in Schools

CBN technically devalues Naira to N380.20 to a Dollar

The COVID-19 pandemic, which led to a sharp slump in crude oil prices globally, has forced the Central Bank of Nigeria (CBN) to technically devalue the Naira exchange rate on the Investors and Exporters’ (I&E) window from the N366.7 to N380.20 to a dollar. Currently, the crude oil price has crashed to less than $30 per barrel.   Sources at the apex bank made the … Continue reading CBN technically devalues Naira to N380.20 to a Dollar

South East is the hub of small and medium enterprises in Nigeira – NDIC

The Nigeria Deposit Insurance Corporation (NDIC), yesterday, praised the sheer industry and enterprise of people of the South East, particularly, Aba, in Abia State, for providing the country the hub for Small and Medium Enterprises (SMEs) development. Managing Director of NDIC, Alhaji Umaru Ibrahim, said it was in the region that one would see abundant proof of how the development of cottage industries and SMEs could … Continue reading South East is the hub of small and medium enterprises in Nigeira – NDIC

Bank, oil & gas stocks drag market N72bn lower

Banking and oil and gas stocks have further dragged the market lower, shedding N72bn as the market capitalisation of equities dropped to N12.930tn on Wednesday. The market capitalisation of equities, which increased to N13.049tn on Monday, dropped to N12.975tn on Tuesday, and N12.930tn on Wednesday, bringing the total losses recorded in three days to N119bn. Analysts at Afrinvest Securities Limited said the bearish outcome on … Continue reading Bank, oil & gas stocks drag market N72bn lower

Reciprocate our ease of doing business for South African companies,Buhari tells South African Govt

President Muhammadu Buhari Thursday in Pretoria, South Africa, called on the South African government to open up its economy for more Nigerian businesses while guaranteeing their safety, stressing the need for reciprocity in promoting trade and investments between both countries. Speaking at the inaugural meeting of the 9th Bi-National Commission at the seat of government, Union Building, President Buhari said South African companies had enjoyed … Continue reading Reciprocate our ease of doing business for South African companies,Buhari tells South African Govt

Xenophobia: Sanwo-olu assures business owners of safety

…Visits Attacked Malls In Ajah, Surulere Lagos State Governor, Mr. Babajide Sanwo-Olu on Saturday described the State as a safe haven for business and investments, noting that the recent attacks on malls in the wake of xenophobic reprisals by some hoodlums is reprehensible and condemnable. The Governor who visited the attacked malls in Ajah and Surulere areas of the State assured business owners of safety … Continue reading Xenophobia: Sanwo-olu assures business owners of safety