Category: Business
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SALLAH: DUTSE RESIDENTS STRUGGLE AS RAM PRICES SURGE AHEAD OF EID-EL-KABIR
Residents of Dutse in Jigawa State are expressing concern over the rising cost of rams and other sacrificial animals ahead of the Eid-el-Kabir celebration. Market checks indicate that livestock prices have increased by over 300% compared to previous seasons. A large ram reportedly sells for about N500,000, while a well-bred bull goes for around N1…
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OVER 3,000 DELEGATES SET FOR AFDB MEETINGS IN CONGO AS AFRICA FACES $400BN FINANCING GAP
The African Development Bank (AfDB) says more than 3,000 delegates will gather in Brazzaville, Republic of Congo, for its 2026 Annual Meetings. The meeting, scheduled for May 25 to 29, will focus on addressing Africa’s widening development financing gap, estimated at $400 billion annually. Key discussions will cover infrastructure, energy, food security, climate adaptation and…
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MIYETTI ALLAH SEEKS FG LOAN SUPPORT FOR BUTCHERS TO REDUCE BEEF PRICES
The Miyetti-Allah Fulaku Yeso Yeso Development Association (MAFYDA) has appealed to the Federal Government to provide loan support for butchers nationwide to help reduce the rising cost of beef. The association said many butchers are unable to buy cows directly from livestock farmers because of limited funds, forcing them to depend on middlemen who resell…
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CHINA, NIGERIA STRENGTHEN CULTURAL DIPLOMACY THROUGH TEA, SILK ROAD HERITAGE EVENT
China and Nigeria have deepened cultural diplomacy through a heritage-focused event held in Abuja, showcasing traditional arts, music, and tea culture. The 2026 “Tea for Harmony Yaji Cultural Salon” featured performances such as tea ceremonies, guqin music, incense rituals, ceramic art, and tea tasting sessions. The event was organised by the Chinese Embassy in Nigeria…
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NASARAWA GOVT URGES ROADSIDE TRADERS TO RELOCATE TO MUHAMMADU BUHARI INTERNATIONAL MARKET
The Nasarawa State Government has urged roadside traders along the Mararaba/Karu axis to relocate their businesses to the Muhammadu Buhari International Market. Officials said the directive is part of ongoing efforts to decongest traffic and improve order around the flyover construction in the area. Authorities also warned that roadside trading and obstruction of access roads…
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COCONUT PROCESSING NOW AMONG NIGERIA’S MOST PROFITABLE AGRO-BUSINESSES — EX-LASCODA BOSS
A former Managing Director of the Lagos State Coconut Development Authority (LASCODA), Mr Dapo Olakulehin, says coconut processing has become one of Nigeria’s most profitable agro-processing businesses. Speaking in Lagos, Olakulehin said growing awareness of the health benefits of coconut products has continued to increase demand across the country. He noted that the coconut value…
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AFAN CALLS FOR REVIVAL OF NIGERI’S COCOA SECTOR TO BOOST ECONOMY
AFAN has called for urgent efforts to revive Nigeria’s cocoa sector and restore its contribution to the country’s economy. Speaking in Lagos, the association said cocoa was once one of Nigeria’s leading cash crops but has lost its former prominence despite strong global demand. AFAN urged government support for farmers and renewed investment in cocoa…
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CUSTOMS BOSS PUSHES FOR WIDER USE OF AI TO STRENGTHEN NIGERIA’S ECONOMY
The Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi, has urged Nigeria to embrace disruptive technologies and artificial intelligence to improve governance, trade administration and revenue generation across the country. Adeniyi made the call while delivering the keynote address at the 4th Biennial International Conference organised by the Faculty of Communication and Information Sciences…
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NIGERIAN CELEBRITIES AND DESIGNERS DRIVE GLOBAL RISE OF AFRO-FASHION
Nigerian celebrities and designers are playing a growing role in pushing Afro-fashion onto the global stage, with African-inspired styles gaining wider international recognition. From Adire and Aso-Oke to Ankara and Akwete, designers are blending traditional fabrics with modern luxury to create bold fashion statements seen at red carpets, music tours and global events. Stars like…
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NSDC SAYS NIGERIA’S SUGAR SECTOR COULD CREATE ABOUT 1 MILLION JOBS
The National Sugar Development Council (NSDC) says Nigeria’s sugar sector has the potential to generate about one million jobs if fully developed. The Executive Secretary/CEO of NSDC, Mr Kamar Bakrin, made this known during a strategic meeting with the Nigeria Customs Service in Abuja. He said the sector could create both direct and indirect jobs,…
