Naira gains against dollar

Naira gains marginally against dollar at parallel market The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The News Agency of Nigeria (NAN) reports that the naira had exchanged at N358.2 to the dollar on Tuesday. The Pound Sterling and the Euro closed […]

FG approves release of pod borer-resistant cowpea

FG approves release of pod borer-resistant cowpea By Ebere Agozie The Federal Government has approved for environmental release, the Pod Borer Resistant (PBR) Cowpea, popularly known as beans, developed by the Institute for Agricultural Research (IAR), Ahmadu Bello University, Zaria. The approval was given in a decision document issued by the National Biosafety Management Agency […]

Renmoney deploys customer software

Software Renmoney, one of Nigeria’s leading fintech companies, has deployed customer engagement software to set up an integrated support. Renmoney provides convenient loans, savings and fixed deposit products to Nigerians. Last year, Renmoney delivered over 95,000 loans to individuals and small businesses via its website, contact centre, agent network and branches. The interactions across multiple […]

U.S. Govt Shutdown: Rapper Cardi B blasts Trump

U.S. Rap superstar Cardi B Rap superstar Cardi B took to Instagram on Wednesday night to criticise U.S. President Donald Trump over the partial government shutdown describing it as the longest in the country’s history. Cardi B took aim at President Trump for “ordering” federal workers to go to work without pay. She quickly dismissed any comparison […]

Court Orders Heritage Bank To Forfeit Unclaimed N1.2bn Recovered By EFCC To FG

The Federal High Court in Lagos has ordered the final forfeiture of the sums of N1,250,000,000; $327,132.35, £167.85 and €157.91 recovered by the Economic and Financial Crimes Commission (EFCC) to the Federal Government. Justice Chuka Obiozor gave the order on Tuesday, following a suit filed by the EFCC against Heritage Bank Plc and Secure Electronics […]

Nigeria, India to sign bilateral air services agreement

Air India as Nigeria set to sign Bilateral Air Services Agreement with India By Temitope Ponle Nigeria and India are set to sign Bilateral Air Services Agreement (BASA) before the end of January that would enable direct flights between the two countries, the Indian High Commissioner to Nigeria, Mr Abhay Thakur has said. Thakur said […]

Adenuga closes gap with Dangote in Forbes billionaires ranking

Mike Adenuga: closes gap on Aliko Dangote in billionaires club Globacom Chairman Mike Adenuga Jnr, with interests in oil exploration and real estate has moved up, ranking next to Aliko Dangote as Africa’s second richest man. Forbes magazine said Adenuga’s net worth rose tremendously from $5.3 billion to $9.2 billion. He is now just $800million […]

Farmers research to increase shelf life of yam

Yam By Oluwafunke Ishola The Yam Farmers, Processors and Marketers Association of Nigeria, says it is working on a fertiliser research that will improve the shelf life of yam and boost food production. Prof. Simon Irtwange, the President of the association and Chairman, Technical Committee on Yam Export, made the disclosure in an interview with […]

Lack of planning, research hinder MSMEs growth – Don

Lack of planning, research hinder MSMEs growth – Don By Franca Ofili Prof. Beloved Onoh, Director, Entrepreneurship Development Centre, Eungu State University of Technology, says the problem of Micro, Small and Medium Enterprises (MSMEs) in Nigeria is the lack of planning and research. Onoh said this in Abuja at the 2018 Entrepreneurship and Leadership Development […]

Diamond bank partners Facebook to support young enterpreneurs

Diamond bank partners Facebook to support young Entrepreneurs Diamond bank Plc in collaboration with Facebook and Affrinolly is set to project Nigeria’s young entrepreneurs to the digital world. Addressing journalists, Area Manager, Ikeja branch of Diamond Bank Plz, Chigozie Onyecha, said that, Diamond bank believes in small and medium enterprises. He said that it was  […]