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Equities trading activities on the floor of the Nigerian Stock Exchange (NSE) finished the 10 months of the year on the positive trajectory with a record of N3.448 trillion. Also, investors gained N44 billion from their investments in stocks for the month of October. Market players, while being optimistic, have described the market performance as […]
Flour Mills of Nigeria plans to sell shares via a rights issue to cut debt as it registers a N70 billion ($223 million) bond programme to refinance short-term loans, the firm said on Wednesday. Several Nigerian companies have tapped capital markets this year to shore up their balance sheets after a currency crisis in 2015 […]
The Executive Vice Chairman of the Brass Fertilizer and Petrochemical Company Limited, Chief Ben Okoye, wednesday said the N$3.6 billion fertilizer plant project is expected to generate 15,000 jobs during the construction phase and 5,000 permanent employment opportunities, when completed. Okoye spoke while receiving the Certificate of Occupancy (C of O) for the land allocated […]
Tilapia, commonly known as engege is one of the oldest types of fish in Uganda. It is affordable, with each costing between Shs5,000 and Shs10,000 and can be cooked and enjoyed in different ways. Moreen Arinda loves cooking tilapia and when she cannot cook it herself, she eats it at her favourite restaurant in Kampala. […]
Uganda and Kenya are among eight African countries that will pilot a savannah cultivation programme that seeks to double agricultural production. The pilot phase of the programme dubbed “Transformation of the African Savannah Initiative” begins in November and targets some two million hectares of savannah. The programme will initially be rolled out in Ghana before […]
The Yobe Government on Tuesday appealed to the Federal Ministry of Agriculture to develop 5,000 hectares of land it received from the state to establish the proposed grazing reserve. Dr Mustapha Gaidam, the Manager of Yobe Pilot Development Programme, made the call in an interview in Damaturu. He said that Yobe Government donated 5,000 hectares […]
Niger State Governor, Alhaji Abubakar Sani Bello, has said that his administration will declare 2018 as the year of “Agricultural Revolution” in the state. Bello said the declaration is aimed at repositioning the economic base of the state, increase its internally generated revenue, create job opportunities for youths and drastically reduce state dependence on the […]
U.S. farmers have overwhelmed state governments with thousands of complaints about crop damage linked to new versions of weed killers, threatening future sales by manufacturers Monsanto Co (N:) and BASF SE (DE:). Monsanto is banking on weed killers using a chemical known as dicamba – and seeds engineered to resist it – to dominate soybean […]
Russia will start exporting beef, other meat, poultry, dairy products and eggs to Saudi Arabia after the food safety ministries of the two countries sign an agreement on Wednesday. “Deliveries of Russian products can begin as soon as exporters are included in the phytosanitary service of the Kingdom, which will be completed within a few […]
Many people living near the farms of the Philippi Horticultural Area depend on them for cheap or free vegetables. It is Saturday morning on St Thomas Street in Lavender Hill. Two barefoot children are fighting on the road while a man, apparently drunk, sways past. Then out of an open garage, Ralph Bouwers appears. He […]
The Federal Executive Council (FEC) on Wednesday approved N40.2 billion for the resuscitation and completion of Kontagora/Auna Dam and Irrigation project in Niger as well as N226 million for pests control along 11 frontline states. The Ministers of Water Resources and Agriculture, Suleiman Adamu and Audu Ogbeh, respectively, said these were part of the Council’s […]
As the government continues to woo young people into agriculture, stakeholders in the sector has unveiled the ‘National Youth Manifesto on Agriculture for Nigeria’ to further boost confidence in food production and processing in the sector. The launch of the document was done at the 2nd National Youth Agric Festival on agribusiness in Abuja, where […]
Society for the Promotion of Human Rights, an NGO has urged the Federal Government to provide farm inputs and rural infrastructure to encourage farmers in the rural areas to boost their production. The President of the organisation Mr Williams Osaze, made the call in an interview with newsmen on Monday in Abuja. Osaze also advised […]
President of Oyigbo Farmers’ Cooperative Union, Mr. Christian Duru has identified poor sales as a major challenge facing local farmers. Duru who spoke to newsmen on the side lines of the World Food Day celebration disclosed that there is enough food production, but for poor sales resulting from influx of food items from neighbouring states. […]
Alhaji Jamilu Ibrahim, the Chairman of Rice Farmers in Daura, Katsina State, has urged the Federal Government not to lift the ban on the importation of rice. Ibrahim told NAN after a meeting of Local Rice Farmers of Daura on Monday that there was the need for the government to maintain its stand on rice […]