Naira And Dollar 150X150 1

Equity investors lose N348bn as naira appreciates to N1,436/$

The stock exchange market yesterday shrank as investors’ equity portfolio value declined by N348 billion amidst continued selling pressures. Analysts say Investors’ sentiment has been negative, with profit-taking activities seen in some stocks that recently posted positive price movement. Weak bargain hunting in banking names keeps the Nigerian market tight, with some corrections seen in

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Abubakar Kyari

‘Nigeria must shift to modern farming systems’

Minister of Agriculture and Food Security, Abubakar Kyari, has said Nigeria must transition from traditional to modern farming systems to realise its full agricultural potential and secure stability. Kyari spoke in Kaduna at the 47th meeting of National Council on Agriculture and Food Security yesterday, with the theme: “Food Sovereignty and Food Security: An Era

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Northern conference recommends non-tax revenue diversification

The Northern Revenue Conference has ended in Kano with stakeholders recommending diversification of revenue sources to agriculture, solid minerals, exports, tourism and manufacturing. The conference, with the theme: “Readiness, Reforms and Digital transformation,” had 19 Northern state Internal Revenue services in attendance. Rising from the two-day conference, stakeholders also recommended establishment of non-tax revenue departments

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Rotary Peace

Club, Fed Govt initate moves to promote community peace

Rotary Action Group for Peace (RAGFP) has said it is partnering the Presidency, through Office of National Security Adviser to promote peace nationwide. It said it will implement the National Community Violence Reduction Programme (NCVRP) — an initiative to reduce violence and strengthen peacebuilding efforts. RAGFP is the civil society arm of Rotary International, which

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Kingsley Amafibe

Activists urge Service chiefs to collaborate with local security

Convener of Peace Achiever International Conference and Awards and Founder of Davdan Peace and Advocacy Foundation,   Kingsley Amafibe, has urged the Service chiefs to work with local security agencies and community structures to strengthen peace and stability.  In a statement in Abuja, Amafibe congratulated the defence leadership team, describing their appointment as “opportunity to reset

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Napps

Proprietors get new leaders, renew pledge to deliver more value

International Association of Private Schools’ Proprietors and Proprietresses held its 2025 National Conference at Frontliner School, Akowonjo, Lagos State. Guest speakers, including broadcast icon, Dr. Ambrose Somide, Mr. Joshua Falade, Dr. Ronke Soyombo of TRCN, Mr. Oreofe Ogundairo; Obadimeji Taiwo, spoke on enriching topics to further quality educational delivery in our schools. Related News The

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Rotary expands $5m maternal, child health project

Rotary Foundation has reaffirmed its commitment to improving maternal and child health through the Together for Healthy Families in Nigeria programme. Chair of Rotary Foundation, Holger Knaack, described the programme as one of its most impactful initiatives in Africa. He spoke after a session with Rotary action group for Reproductive, Maternal and Child Health (Rotary-RMCH)

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Caverton

Company grows gross profit by 16 per cent to 10.9b

Marine, aviation, and logistics services provider to oil and gas companies, Caverton Offshore Support Group Plc, has announced its unaudited results for third quarter ended September 30, showing operational improvement and strong recovery  despite a difficult business environment. The figures showed gross profit rose by 16 per cent to N10.9 billion compared to N9.4 billion

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Cashew

Kogi targets 150,000 metric tonnes of cashew in 2027

Kogi State has announced plans to achieve 150,000 metric tonnes of cashew production by 2027, as part of Governor Usman Ododo’s agricultural transformation agenda through Kogi State Commodity Exchange Export Promotion and Marketing Development Agency (KOCEPA). Speaking in Abuja, Chief Consultant of KOCEPA, Dr. Jude Osilama, said the initiative would revolutionise cashew production and improve

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Nigeria, Indonesia to grow US$4.7bn bilateral trade

The city of Jakarta once again played host to a landmark event in economic diplomacy as the Nigerian–Indonesian Chamber of Commerce and Industry (NICCI) convened the fourth edition of the Nigerian–Indonesian Investment and Trade Forum (NIITF 2025). Delivering his Presidential Address, Mr. Ishmael Balogun, President of NICCI,  expressed gratitude and a clear vision for the

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