Business

ILO restates concern over FG’s failure to sign conventions

Following its failure to ratify some major international conventions bordering on domestic and migrant workers’ welfare, the International Labour Organisation (ILO) has once again reminded the Federal Government of Nigeria on the need to endorse the documents. This position was part of the highlights espoused recently during a training programme organised for journalists and civil […]

Business

Court cautions NLC members over leadership crisis

The National Industrial Court sitting in Owerri has ordered the Nigeria Labour Congress (NLC) to maintain the status quo ante over the current leadership crisis rocking the Abia chapter. According to the court’s ruling made available to newsmen in Umuahia on Wednesday, the presiding judge, Justice I.S. Galadima, ordered that Uchenna Obigwe remain in office […]

Business

Olam subsidiary to inseminate 100 cattle for milk production

Outspan Nigeria Limited (Outspan), a subsidiary of Olam International Limited (Olam), a leading agribusiness conglomerate, as part of a series of initiatives to boost local milk production in Nigeria, has flagged-off an artificial insemination programme for 100 dairy cattle in Dawakin Tofa Local Government Area (LGA), Kano state. This initiative, sponsored by Outspan, is being […]

Business

Food security: Expert calls for improved value-chain

A clarion call has been made to stakeholders and policy makers in the country’s agriculture value chain to enhance the sector through improved access to resources to make it more attractive to the youth as the subsistence approach does not hold much appeal for them. This was the submission of the Program Lead, Agriculture, Mastercard […]

Business

NCX seeks alliance to tackle rising food prices

Government agencies charged with managing the operations of Nigerian agro-commodity segment of the economy have been called upon to partner with Nigeria Commodity Exchange, NCX, in order to ameliorate the rising domestic food prices as well as general inflationary trends in the country. The Managing Director/CEO of the Exchange, Mrs. Zaheera Baba-Ari, made the appeal […]

Business

Firm to showcase Nigeria’s agrofood exhibition

Nigeria German trade show specialist fairtrade, Messe, is set to host the 6th edition of the agrofood & plastprintpack exhibition and conference in Nigeria. The trade exhibition, holding in Lagos next week, will welcome exhibitors and attendees from agriculture, food & beverage processing, ingredients and plastics & packaging sectors from 11 countries. According to data […]

Business

E-commerce: Nigerian startup raises $1.8m to SMEs digital deliveries

Nigeria startup tech, Sendbox, has announced the completion of a $1.8 million seed round from investors, including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments. With participation from Flexport and YC Combinator as part of its 2021 winter cohort, Sendbox’s total investment raised has now reached $2 million following a pre-seed round from Microtraction […]

Business

Ecobank employees to raise mental health awareness

Ecobank has said that this year’s “Ecobank Day” event, scheduled for Saturday, October 23, will focus on creating awareness on how to check mental health issues and stop the discrimination against victims of mental health. The lender said that arrangements have been made for staff, their families, customers and members of the community to engage […]

Business

AfDB unveils draft policy on multi-tranche financing

The African Development Bank Group (AfDB) has invited its stakeholders and the general public to provide feedback, inputs and comments on its draft Policy on Multi-Tranche Financing (MTF). A press release on its website said the bank’s management has developed the concept of a Multi-Tranche Financing approach to enhance the lender’s operational delivery modalities for […]

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Business

Equities extend gains with N236bn

The equities market, yesterday, sustained its positive outlook as the overall performance measures, NGX ASI and market capitalisation, rose further by 1.1 per cent. Market watchers attributed the development to sustained confidence as bargain hunters leverage undervalued stocks. Consequently, the All- Share Index rose by 454.4 basis points or 1.1 per cent to close at […]

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