Business

By Thompson Yamput The Federal Government says its  priority is on massive food exportation against Nigeria’s dependence on food imports that cost fortunes, a Presidential aide disclosed. Mr Matthew Ajayi, Special Adviser to the President on Agriculture, made the remarks at a working visit to Geregu in Ajaokuta Local Government Area, Kogi, where government officials…

By Admin The Kano-Jigawa branch of the Manufacturers Association of Nigeria (MAN) has hailed the Dangote Refinery and Petrochemicals for its role in revitalizing struggling companies in Nigeria. According to the Association, the refinery’s intervention through the reduction of diesel prices and the steady availability of petroleum products has provided significant relief to manufacturers grappling…

By Admin The Nigeria Association of Small-Scale Industrialists (NASSI), Nasarawa State Chapter, is partnering with the Dangote Industries Limited(DIL) to drive fresh investment options in the State. With 68,000 hectares, the Dangote’s Nasarawa Sugar Company Limited (NSCL) in Tunga, is considered Nigeria’s biggest Backward Integration Policy (BIP) project in the sugar sector. Speaking to newsmen…

By Thompson Yamput Cash crunch has hit Lokoja, the Kogi capital, crippling most businesses and making life miserable for residents. The News Agency of Nigeria (NAN) correspondent, who monitored the development in the area, on Wednesday, reports that most banks were out of cash, leaving their customers stranded. At the First Bank and Access Bank,…

By Zainab Oyekan Some exhibitors at the ongoing Jos National Trade Fair, have decried the low patronage, attributing it to the Ramadan and Lenten fasts. Some of the exhibitors who spoke with the News Agency of Nigeria (NAN), in Jos on Friday, said they were hopeful that the fair would be extended. Vivian Ankamah, a…

By Dan Nandom The Tinubu Media Volunteers (TMV) has described the rise in Nigeria’s exports in the last year as yet another manifestation of the efficacy of the economic policies of the President Bola Tinubu administration. This, according to the group, is clear from the progressive rise in trade surplus between the fourth quarter of…

By Zainab Oyekan Dr Pam Wayas, Chairman, Plateau Internal Revenue Service, on Friday said the service generated N32.14 billion in 2024 and now had a target of N52 billion for 2025. Wayas, who disclosed this during a news conference on Friday in Jos, said that it was the first time the N30billion benchmark was crossed in…

By Ginika Okoye The Securities and Exchange Commission (SEC) says victims of Ponzi schemes in the country were mostly women. Dr Emomotimi Agama, Director-General, SEC, said this on Thursday in Abuja, at an event to mark the International Women’s Day (IWD) celebration organised by the commission. Agama said that there was therefore the need to…

By Martha Agas A customs and tax expert, Mr Okey Ibeke, says the duties of the Nigeria Customs Service (NCS) is not only limited to revenue collection but involves highly technical operations. Ibeke stated this on Thursday in Abuja, following a public hearing on tax reform bills organised by the Special Committee on Tax Reform…

By Dan Nandom The Democratic Front (TDF) has described the N100bn MOFI Real Estate Investment Fund as a creative initiative by the Tinubu administration to ensure affordable housing options for low-income individuals and families. In a statement signed by its Chairman Mallam Danjuma Muhammad and Secretary, Chief Wale Adedayo, TDF expressed its conviction that the…