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Tuesday, December 5, 2023

Nigeria $22b yearly food imports bill unsustainable, says minister

Minister of State for Agriculture and Rural Development Heineken Lokpobiri has said Nigeria $22 billion food import bill is no longer sustainable. He spoke...

NEXIM Bank, AFREXIM Bank, Others Move to Revamp Cocoa Sector

In the bid to revive the ailing cocoa Industry in the country, the Afreximbank and the International Cocoa Organisation (ICCO) met with the Bank...

NIRSAL launches rail haulage for cattle, agric produce

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has initiated a scheme to move cattle from the northern part of the country...

Olam supports 10,000 cocoa farmers

Olam Nigeria, one of the world largest buyer of agro commodities, has trained 10,000 farmers and supported them with seedlings to replace the current...

Union Dicon Salt Takes Over $100m Alape Staple Crop Processing Zone

Barely a month after Union Dicon Salt Plc signed a Memorandum of Understanding (MOU) with the government of Ebonyi State for large scale production...

Nestle Sustain Commitment to Farmers with IFDC Partnership

As parts of efforts to boost agricultural business in Nigeria, Nestle Nigeria Plc has signed an agreement with the International Fertilizer Development Center (IFDC)...

Ogbeh: 1.6% of budget not enough for agriculture ministry

The Minister of Agriculture and Rural Development, Audu Ogbeh, has said its allocation of 1.6 per cent of the approved budget for his ministry...

SEC Initiative on Commodity Trading provides Enabling Environment to boost agriculture

In a bid to boost agriculture and promote commodity exchange in Nigeria, the Securities and Exchange Commission (SEC) is set to roll out various...

AFRACA commends Union Bank Role in Agricultural Financing

Stakeholders in the Agricultural Sector have commended Union Bank Plc for investing in rural agriculture and implementing most of the Federal Government policies on...

Nigeria spends $4.6b to import fruits concentrate yearly

Nigeria spends $4.6 billion yearly on the importation of fruit concentrates for juice production, even as natural fruits waste away, Minister of Agriculture and...

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Maida Promises Support for Meta on Undersea Cable Initiative

Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said the support of the Commission...

The Address Homes delivers another project, Ikoyi Crescent on Record time

In line with its tradition of providing regal and lavishly built luxury housing brands in its bid to bridge the gap in the housing...

Polaris Bank Enrols On PAPSS System

Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). The cross-border financial infrastructure empowers the Bank’s existing...