The announcement represents a major development in Nigeria’s agribusiness sector, potentially setting the stage for increased agricultural productivity and processing capabilities in the country’s food production industry.
Nigerias External Reserves Rise 8.2% to $43.32bn in Annual Growth
Nigeria’s Foreign Reserves Hit $43.32 Billion, Marking Significant Year-on-Year Growth Nigeria’s international reserves reached a notable milestone of $43.32 billion as of November 6, 2025, representing an 8.2 percent increase…
CBN’s Treasury Bill Operations Reach N11.43 Trillion in 2025 as Part of Economic Stabilization Efforts
CBN’s Treasury Bill Operations Reach N11.43 Trillion in 2025 as Part of Economic Stabilization Efforts The Central Bank of Nigeria (CBN) has significantly expanded its monetary operations, successfully mopping up…
Nigeria Launches Digital Payment System with Historic Transaction
Nigeria Launches Revolutionary Digital Payment Platform with Successful First Transaction Nigeria’s financial technology sector marked a historic moment as the first live transaction was successfully processed through the National Payment…
Abia: Mass Defection as 100+ PDP Members Switch to APC in Obingwa
PDP Suffers Major Blow as Over 100 Members Switch to APC in Abia State In a significant political shift, more than 100 members of the Peoples Democratic Party (PDP) have…
Nigerias Power DisCos Deploy Over 70,000 New Meters in August
Nigeria Records Progress in Electricity Metering as DisCos Add Over 70,000 New Meters In a significant development for Nigeria’s power sector, electricity distribution companies (DisCos) successfully deployed 70,888 new meters…
Lagos PDP EXCO Pledges Full Support to Damaguns Leadership
Lagos PDP Leadership Affirms Support for National Chairman Damagun The Lagos State chapter of the Peoples Democratic Party (PDP) has officially declared its unwavering support for the party’s National Chairman,…
Nigerian Bank Set to Close Multiple Branches Starting January 2026
Standard Chartered Nigeria Announces Major Branch Closures Amid Digital Transformation Standard Chartered Bank Nigeria Limited has revealed plans for significant branch closures nationwide, scheduled to take effect from January 15,…
Air Traffic Controllers Face Trump Warning Over Mass Sick Leave
Air Traffic Crisis Deepens as Trump Clashes with Controllers Amid Shutdown President Donald Trump and air traffic controllers engaged in a heated exchange Monday as the ongoing government shutdown continues…