Business & Economy - Page 86

The Federal Ministry of Agriculture and Food Security (FMAFS), has advised cocoa farmers to shun unethical practices in cocoa production in order to avoid losses. The Minister of Agriculture and Food Security, Abubakar Kyari, who gave the advice in Ibadan yesterday (Monday,

By RUKAYAT ADEYEMI The equity market began the week on a bearish note, reversing prior session gains with a loss of N62 billion. The decline was primarily driven by losses in Oando Plc, United Bank for Africa (UBA), Access Corporation, United Capital

Babatunde Olofin, managing director, Moniepoint Microfinance Bank, on Sunday warned Nigerians against falling victims to fraudsters who request account numbers for end-of-year rewards. Babatunde Olofin, managing director, Moniepoint Microfinance Bank, Olofin gave the advice in a telephone interview with the News Agency of

United Bank for Africa (UBA) Group has concluded plans to kickstart operations with a branch in Saudi Arabia and expand its presence across other African subsidiaries in 2025, according to Oliver Alawuba, group managing director and chief executive officer of the group.

By RUKAYAT ADEYEMI An economist, Mr Johnson Chukwu, has urged the Central Bank of Nigeria (CBN) to leverage existing infrastructure and Bank Verification Numbers (BVN) to address delays in verifying bank transactions. Chukwu, the Chief Executive Officer of Cowry Asset Management Ltd.,

With barely two weeks until Christmas and the subsequent new year celebrations, getting cash in Kaduna, Kano and Katsina States has now become an extremely herculean task. The News Agency of Nigeria (NAN) reports that the results have bemoaned the obnoxious

The Managing Director of Cross River Tourism Bureau, Mr Ojoi Ekpenyong, said the state’s entertainment center known as Marina Resort has attracted investment of N8 billion in the last seven months. Speaking in an interview with the News Agency of Nigeria (NAN)

Anti-corruption crusaders under the aegis of the National Anti-Corruption Crusader (NACC), an anti-graft group, have urged Nigerian National Petroleum Company Ltd. (NNPCL) to silence its doubters by providing evidence of exporting Low-Sulphur Straight-Run fuel oil (LSSR) from Port Harcourt. The group’s

The Vice-President, Sen. Kashim Shettima has urged Nigerian Deposit Money Banks (DMBs) to ensure seamless availability of Naira notes to the banking public. Represented by Tope Fasua, Special Adviser on Economic Affairs, Office of the Vice-President, Shettima made the call yesterday (Friday,

From IKECHUKWU NNADI, Nsukka Eha Ndiagu is a sleepy town in Nsukka Local Government Area of Enugu State. An otherwise oil-producing community, it is sleepy because, incredulously, 57 years after crude oil and gas were discovered in commercial quantities in the town,