Companies in the consumer goods segment of the Nigerian Exchange Ltd (NGX) paid a total of N603bn in taxes to the federal government. The Chief Executive Officer, NGX, Jude Chiemeka disclosed this during the fact behind the figures of PZ Cussons. Chiemeka revealed this in an appeal to the federal government to provide infrastructural support…
The Valentine celebration may have come and gone but the way it was celebrated remains fresh in our memories. For instance, an institute did a research on preparation for it and a report has been released. It is contained in a fresh SBM Intelligence report, which is titled “Love in the Air: How Nigerian Consumers…
Minister of State for Agriculture and Food Security (FMAFS) Aliyu Abdullahi, has called for a comprehensive reform of Nigeria’s cooperative sector. The s, he said, was necessary to harness its full potential and tap into the $19.6tn global cooperative market. He made this statement during a technical strategy session on the implementation of the Cooperative…
The Federal Government has appealed to the media to partner with it in promoting agriculture as a key driver of food security in the country. Dr. Marcus Ogunbiyi, Permanent Secretary, Federal Ministry of Agriculture and Food Security, made the appeal at a workshop in Abuja. According to him, this collaboration is crucial in mobilising Nigerians…
Less than two months after a major crude oil spill occurred at Bukuma in Degema Local Government Area of Rivers State, another spill has been recorded at Ogale in Eleme Local Government Area of the state. The spills have impacted communities, Rivers and farmlands in four out of the 23 local government areas of the…
The Federal Government of Nigeria has embarked on an ambitious plan to capture the data of 2 million farmers across the country within the next 3 months. This effort is led by the Minister of Agriculture and Food Security, Senator Abubakar Kyari, who signed a Memorandum of Understanding with the National Identity Management Commission (NIMC)…
The Statistician-General of the Federation, Prince Adeyemi Adeniran has said rebasing the country’s Gross Domestic Product (GDP) and Consumer Price Index (CPI) modules of compilation is not targeted to please the president or people within the corridors of power in Nigeria. Adeniran had announced that the GDP rebasing is a vital exercise that ensures economic…
The African Development Bank (AfDB), in partnership with the World Bank Group, pledged $40bn on Tuesday to achieve the “Mission 300” initiative. The Mission 300 initiative, projected for 2030, is a collaborative effort between the AfDB and the World Bank to address the global energy accessibility gap, where nearly 600 million people lack electricity. The…
The Nigeria Export Processing Zones Authority has unveiled its groundbreaking Automated E-Platform for the Free Trade Zone (FTZ) scheme, a development hailed as a significant step towards the digitalization and modernization of Nigeria’s economic zones. The platform is expected to revolutionize how the FTZ scheme operates, ensuring transparency, streamlining processes, and attracting more investments into…
Governor Peter Mbah has signed a Land Use Regulation (2025) Act as well as Executive Order No. 1, 2025, designating some areas in the state as urban areas. Speaking at a brief signing ceremony, he explained the provisions contained in the Executive Order, entitled “Enugu State Designation of Land as Urban Areas.” He disclosed that…
