Mrs. Angela Obi is a holder of National Certificate in Education, NCE, with which she taught for 25 years. Born in Lagos State where she attended primary and secondary schools at the Agege area of the state, she practiced farming on the side during the period of her public work life. A vegetable farmer, Obi…
Presco Plc has acquired 10,000 hectares of plantation assets across the Nsadop and Boki estates in Cross River State, in a move to significantly expand its production footprint and reinforce its leadership position in Nigeria’s palm oil industry. Announcing the transaction in a notice to NGX seen by the company described it as a major…
The Federal Government has given the green light for the development of the Bakassi Deep Seaport, a strategic project expected to strengthen Nigeria’s blue economy and maritime sector. The Minister of Marine and Blue Economy, Adegboyega Oyetola, presented the project’s certificate of compliance to the Governor of Cross River State, Senator Bassey Otu, signaling a…
The Minister of State for Industry, Senator John Owan Enoh, has commenced a series of strategic inspections of sugar projects across the country. These strategic visits which began with the Lafiagi Sugar Company (LASUCO) in Kwara State, are in line with President Bola Tinubu’s directive to concerned officials for the acceleration of Nigeria’s attainment of…
Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, signalling a sustained moderation in price pressures and reinforcing expectations that recent monetary tightening and foreign exchange reforms by the Central Bank of Nigeria (CBN) are beginning to yield results. The figure represents a 1.6 percentage-point drop from the 16.05 per cent recorded…
The Sokoto State Government has inaugurated a modern onion cold-storage facility as part of an effort to boost the state’s agricultural economy. The project, developed in partnership with the Ministry of Finance Incorporated, is designed to reduce post-harvest losses, increase storage capacity and enhance profitability for thousands of onion farmers in the region. Governor Ahmed…
Celebrations during the Christmas season promise to be pocket friendly. This is because food items and condiments may not be as expensive as they were last year. This assurance came from the Tomatoes Growers and Processors Association of Nigeria. The association predicted an increased supply of the produce ahead of Christmas and New Year celebrations….
The National Agency for Food and Drug Administration and Control (NAFDAC) has secured full membership of the International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use (ICH) NAFDAC described this as a major leap in the nation’s regulatory advancement. NAFDAC was formally admitted as a full member during the ICH Assembly meeting…
Nigeria’s economy sustained its recovery momentum in the third quarter of 2025, recording a real Gross Domestic Product (GDP) growth of 3.98 per cent, according to the latest policy brief by the Centre for the Promotion of Private Enterprise (CPPE). Although slightly below the 4.3 per cent posted in the second quarter, the think tank…
The Manufacturers Association of Nigeria (MAN), Nigerian Employers Consultative Association (NECA) and the Federal Ministry of France, have kicked against a proposed increase in excise duty on sugar sweetened products. Stakeholders at a public hearing at the Senate wing on Thursday, took divergent positions on moves to increase duty on carbonated Sugar Sweetened Beverages (SSB)…
