Category: Business
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BETTER LIVESTOCK, BETTER ECONOMY: FG PUSHES SUSTAINABLE ANIMAL SYSTEMS
Treat animals right, grow the economy—Nigeria’s livestock future may depend on it. Nigeria’s Minister of Livestock Development, Mukhtar Maiha, says adopting sustainable livestock systems and improving animal welfare is key to boosting food security and economic growth. Speaking at a conference hosted at Obafemi Awolowo University, the minister stressed that humane treatment of animals isn’t…
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LAGOS COURTS GLOBAL INVESTORS TO TRANSFORM AGRICULTURE
With a booming food market and rising demand, Lagos is calling on global partners to help unlock the real value in agriculture—beyond the farm. The Lagos State Government is pushing for stronger agro-investment partnerships to drive growth across the food value chain, saying the real opportunity lies after harvest—not just in production. Governor Babajide Sanwo-Olu,…
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COCOA CRISIS IN KOGI: FARMERS CRY OUT OVER PRICE CRASH
From boom to bust—Kogi cocoa farmers are struggling to stay afloat as prices tumble and losses mount. Cocoa farmers in Kogi State are raising alarm over a sharp drop in prices, urging government intervention to save their livelihoods and stabilise the sector. The state chairman of the All Farmers Association of Nigeria, Adobanyi Salihu, said…
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DANGOTE SOUNDS ALARM: GLOBAL OIL TENSIONS COULD HIT NIGERIA HARD
From fuel prices to daily survival, Africa’s richest man warns the Middle East crisis could ripple into every corner of Nigeria’s economy. Business mogul Aliko Dangote has warned that rising tensions in the Middle East could trigger serious economic shocks for Nigeria and other African countries. Speaking after meeting with Bola Ahmed Tinubu in Lagos,…
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FUEL CRISIS BITES: OVER 400 GAS STATIONS SHUT DOWN IN PHILIPPINES
Soaring fuel prices are forcing hundreds of gas stations to close, raising fears of shortages and market manipulation. The Philippine National Police says more than 400 gas stations across the country have shut down operations as fuel prices continue to surge. PNP spokesperson Randulf Tuano revealed that closures have jumped sharply from 273 on March…
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MIDEAST WAR SHOCKWAVES: GLOBAL ECONOMIC RECOVERY UNDER THREAT – SACCI WARNS
Rising conflict in the Middle East is rattling global markets and casting doubt on economic recovery plans worldwide. The South African Chamber of Commerce and Industry has warned that ongoing conflict in the Middle East is worsening instability in global financial markets and threatening economic recovery prospects in South Africa and beyond. In a statement,…
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NAMIBIA’S WESTAIR GROUP SLAPS FUEL SURCHARGE AS GLOBAL PRICES SPIKE
Rising global fuel costs and supply pressure are forcing airlines to adjust fares to stay afloat. Namibia’s Westair Group has introduced a fuel surcharge across its services, citing ongoing global fuel price volatility and supply disruptions affecting the aviation industry. In a statement, the company said geopolitical tensions, particularly the conflict in the Middle East,…
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CBN TARGETS LOWER PRICES: NEW PLAN TO TAME INFLATION TAKES SHAPE
Nigeria’s apex bank says it’s doubling down on a smarter, more transparent strategy to bring inflation under control. The Central Bank of Nigeria has reaffirmed its push toward a full inflation-targeting monetary policy, aimed at delivering long-term price stability and boosting investor confidence. Speaking at a policy session in Abuja, CBN Deputy Governor, Muhammad Abdullahi,…
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HEAT WAVE BOOSTS SALES: WATER HAWKERS CASH IN AT ENUGU TRADE FAIR
Scorching temperatures are turning sachet water into hot cake—and business is booming. Sachet water hawkers are smiling to the bank at the ongoing Enugu International Trade Fair in Enugu, as intense heat drives massive demand. A visit to the fairground shows buyers scrambling for water under the blazing sun, with prices now at N50 per…
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EDO IRS WARNS TAXPAYERS: FILE RETURNS BEFORE MARCH 31 OR FACE PENALTIES
Edo State revenue agency says tax compliance is compulsory as deadline approaches. The Edo State Internal Revenue Service (IRS) has urged residents to file their annual tax returns on or before March 31, warning that defaulters will face penalties. In a statement issued in Benin, Executive Chairman John Odior stressed that tax filing is a…
