Rubber Processing Firm To Expand Plantations In Edo

Rubber Processing Firm To Expand Plantations In Edo

The Rubber Estates Nigeria Limited (RENL) has disclosed plans to strengthen its partnership with the Edo State Government to establish a rubber processing factory, expand its out-grower scheme and facilitate the reactivation of dormant rubber plantations for Edo indigenes living in the diasporas. RENL, a subsidiary of Socfin,...
read more
Photo News

Photo News

L-R: Chief  Finance Officer, Presco Plc, Johnson Amandor;  Director, Presco Plc, HRH (Prince) Aiguobasinmwin O. Akenzua; Director Presco Plc, Chief (Dr.) Bassey E.O Edem,MFR, Managing Director, Presco Plc, Felix Nwabuko; Director, Presco Plc, Mr. Osa Osunde;...
read more
Nigeria Targets Production Of 2,000 Tractors Yearly

Nigeria Targets Production Of 2,000 Tractors Yearly

LOCAL production of 2,000 tractors yearly will boost food production, the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has said. It will also create jobs for farmers, especially women and youths and enhance food and nutrition security, he...
read more
Okomu Rewards 102 Workers With Furniture, Freezers, TVs, Generating Sets

Okomu Rewards 102 Workers With Furniture, Freezers, TVs, Generating Sets

One Hundred and Two (102) employees of Okomu Oil Palm Company PLC (OOPC) have received various items as rewards for their loyal services to the company. While congratulating the recipients, the Managing Director, Okomu Oil Palm Company Plc, Dr. Graham...
read more
NASENI Partners Ministry On Agro-Industrialization, Climate Change, Others

NASENI Partners Ministry On Agro-Industrialization, Climate Change, Others

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have commenced discussions on how to deploy existing technical competencies and other resources by the two institutions to improve...
read more
Fidelity Bank Signs $40m Cocoa Export Deal with AFREXIM Bank, JohnVents Industries

Fidelity Bank Signs $40m Cocoa Export Deal with AFREXIM Bank, JohnVents Industries

The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, 24 October 2023 as leading financial institution -Fidelity Bank Plc -hosted a broad range of businesses, regulators, ...
read more
At Okomu Oil, Edo Govt Reiterates Support For Investors, Ease Of Doing Business

At Okomu Oil, Edo Govt Reiterates Support For Investors, Ease Of Doing Business

The Edo State Government has assured private businesses and investors of its plans to remove all encumbrances associated with the ease of doing business in the State. The Edo State Commissioner for the Ministry of Business, Trade and Cooperatives, Hon....
read more
Presco’s Shareholders Get N8.6b Dividend For 2022

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...
read more
Nigeria Explains $2.5b Non-Oil Exports In Six Months

Nigeria Explains $2.5b Non-Oil Exports In Six Months

The Nigerian Export Promotion Council says the country generated $2.5 billion from January to June from non-oil exports. The Executive Director of the NEPC, Dr. Ezra Yakusak, revealed this at a one-day workshop for emerging exporters. At the event on...
read more
British Govt Harps On Regeneration Of Edo State’s Forest Resources

British Govt Harps On Regeneration Of Edo State’s Forest Resources

The British High Commissioner to Nigeria, Richard Montgomery has reinstated Britain’s commitment to support the Nigerian Government as part of efforts to preserve the forest and other natural resources for the benefit of future generation. Mr. Montgomer...
read more
Farmers Seek Improved Investment In Agriculture

Farmers Seek Improved Investment In Agriculture

AS economic situation bites harder on Nigerians, some farmers in Gombe have urged the state government to leverage the additional funds received from the Federation Account Allocation Committee (FAAC), to invest in the agriculture. They said such investment wa...
read more
Tinubu Declares State Of Emergency On Food Security

Tinubu Declares State Of Emergency On Food Security

President Bola Ahmed Tinubu, on Thursday, in Abuja, declared a state of emergency on food security. According to the President, all matters pertaining to food and water availability and affordability, as essential livelihood items, be included within the purvi...
read more
Adulteration: Palm Oil Farmers Seek Collaboration With FG

Adulteration: Palm Oil Farmers Seek Collaboration With FG

The National Palm Produce Association of Nigeria (NPPAN) has called on the Federal Government to collaborate in establishing palm oil markets aimed at combatting oil adulteration. In an interview with the News Agency of Nigeria (NAN) in Abuja, Mr Alphonsus...
read more
Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business ...
read more