Business News

Why Agriculture remains our only panacea to economic recovery- Aregbesola

Wasiu Popoola Nigeria’s enduring economic recovery will only materialize only when the country revitalizes her investments in agriculture and make it a venture that attracts the bulk of the most productive segment of the population.

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Stock market capitalisation trading positive, increases by N17 b

By Abimbola Fashakin, Lagos Activities on the Nigerian Stock Exchange (NSE), on Thursday sustained a positive posture with the market capitalisation increasing by N17 billion.

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Dry season farming: FG distributes rice seeds to Lagos farmers

By Olaolu Oladipo, Lagos The Federal Ministry of Agriculture and Rural Development on Thursday said it had begun distributing rice seeds to farmers in Lagos State for dry season farming.

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BRT operator to increase fares in February over rising costs

By Joshua Olalekan, Lagos One of the operator of the Lagos State Bus Rapid Transit (BRT) scheme, Primero Transport Services, has  announced plans to increase its fares on all routes in February.

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Dana Air partners Imo to float Imo Air

By Abimbola Fashakin, Lagos Dana Air says it has entered into a partnership with the Imo Government to launch Imo Air to be operated by the airline.

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Osinbajo launches MSMEs clinics, booklet to boost local businesses

By Kemi Adelani, Abuja Vice President Yemi Osinbajo has inaugurated the National MSMEs Clinics and Booklet to find lasting solutions to the problems militating against the speedy growth of Micro, Small and Medium Enterprises (MSME) in the country.

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FG begin talks with GE over railway projects concession

By Abimbola Fashakin, Abuja The Federal Government is in talks with the management of General Electric (GE) Company over the planned concession of railway projects in the country.

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Textile workers picket Ikeja Electric, lament threat to 5,000 jobs

By Joshua Olalekan, Lagos Members of the National Union of Textile Tailoring and Garment Workers of Nigeria (NUTTGWN) on Tuesday picket the Ikeja Electricity Plc over threat to 5,000 jobs due to disconnection of two textile companies.

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Federal Mortgage Bank signs $2b MoU with Shelter Afrique, REDAN

By Abimbola Fashakin, Lagos The Federal Mortgage Bank of Nigeria (FMBN) has signed a $2billion tripartite Memorandum of Understanding with Shelter Afrique, and Real Estate Developers Association of Nigeria (REDAN).

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Lagos Assembly to partner road transport union to boost tourism

By Olaolu Oladipo, Lagos Lagos State House of Assembly has promised to partner with the state branch of Road Transport Employers’ of Nigeria, RTEAN with the hope to boost tourism development ahead of Lagos at 50 celebration.

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