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FECA trains 400 graduates on agric businesses

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The Federal College of Agriculture, Akure, Ondo State has begun training for over 400 unemployed graduates on various agricultural business in a bid to tackle and reduce the rate of unemployment in the country . The participant at the training were drawn from 16 states of the federation while the ...

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Film-makers reject dubbing of Chinese films into Yoruba, Hausa

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Top indigenous film-makers and actors that include Dele Odule, Jide Kosoko and Tunji Bamisigbin have opposed an alleged plan by a pay-TV provider, Star Times, to broadcast Chinese films dubbed into Yoruba and other indigenous languages. According to them, the development is capable of destroying the indigenous film industry. They ...

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Nigeria Discovers Crude Oil In Borno

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Nigeria has discovered huge crude oil concentration in Borno State, North East, raising the hope of the region joining the league of oil producers. Lagos state recently joined the league of crude oil producers. Some states in the league are Bayelsa, Rivers, Delta, Akwa Ibom. The Permanent Secretary, Ministry of ...

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CBN Issues Fresh Directive on MMM Amidst National Panic

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The apex bank in Nigeria has discouraged Nigerians from participating in the Russian Ponzi Scheme which has suffered hitches as the yuletide draws closer. The Central Bank of Nigeria (CBN) has once again cautioned the citizenry against investing in the ponzi scheme, Mavrodi Mundial Moneybox (MMM). The scheme operators stopped ...

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Outrage, as Nigerians bemoan ban on Tokunbo cars

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Smuggling and importation of fairly used automobiles (aka, Tokunbo) through Seme, a border town between Nigeria and the Republic of Benin is one of the most lucrative businesses that most citizens of both countries have been engaged in for many years. Although some commentators blame the nation’s porous land borers ...

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Sachet water price soars

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Sachet water that used to be for the common man in the street is now beyond his reach as the price has soared due to lack of foreign exchange to import machinery and other production materials. The difficulties in getting foreign exchange and the steep fall in the value of ...

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Our rice’ll be sold at N13,000/bag –Ambode

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The Lagos State Government has pledged to make rice available to residents at a reduced cost of N13, 000 per 50kg bag. The Lagos State Governor, Mr. Akinwunmi Ambode, disclosed this on Thursday during the 2016 Agricultural Summit organised by the Agricultural Sectoral Group of the Lagos Chamber of Commerce ...

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Rolls-Royce releases first SUV

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Luxury car maker, Rolls-Royce, has announced the production of its first sport utility vehicle, which will likely be the most expensive SUV in the world. This is coming about two years after the London-based automaker first hinted about its plan to build a vehicle that can conquer all terrains, which ...

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Naira exchanges at N485 per dollar

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The Naira appears helpless in the face of efforts by the CBN and stakeholders in the Forex market in fast -tracking its recovery. The Nigerian currency exchanged at N485 to a dollar at the parallel market on Wednesday in Lagos, while the Pound Sterling and the Euro traded at N600 ...

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Federal Government Bans Importation of Vehicles Through Land Borders

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The importation of vehicles into Nigeria through the land borders have been banned by the Buhari-led Federal Government. An official statement released on Monday by Wale Adeniyi, the spokesman of the Nigeria Customs Service (NCS), states that the President Muhammadu Buhari-led federal government has banned the importation of cars through ...

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Nigeria, Morocco to build gas pipeline link

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Nigeria and Morocco on Saturday resolved to jointly promote a gas pipeline that will connect the two countries and some other African countries. This was one of the agreement reached during the three-day visit of Moroccan King President Mohammed VI. The Minister of Foreign Affairs, Dr Geoffrey Onyema, disclosed this ...

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Second hand clothes’ dealers, buyers complain of high price

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As the Yuletide approaches, dealers in second-hand clothes are blaming the economic recession in the country for low patronage, the News Agency of Nigeria (NAN) reports. Some of the dealers told NAN in separate interviews that the economic situation was taking a toll on their businesses. Miss Adaeze Nwogo, who ...

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Sweden slaughters 200,000 hens on bird flu fears

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Sweden on Friday said 200,000 chickens were being slaughtered at a farm where bird flu has been detected, following a resurgence in the virus across Europe. Traces of the H5N8 virus were found at the Aniagra farm in Morarp, southwest Sweden, on Thursday. The discovery came after bird flu was ...

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Saudi Arabia warns Trump against banning Kingdom’s oil

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Saudi Arabia is cautioning President-elect Donald Trump against carrying out a threat to cut off American purchases of the kingdom’s oil. Trump made the threat earlier this year, saying that if elected he might halt imports of oil from Saudi Arabia and other Arab countries if they don’t commit ground ...

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