Lagos Empowers Farmers to Boost Food Supply

By Adedapo Adesanya The Nigerian Naira weakened further by 8.3 per cent or N67.28 on the American Dollar at the Nigeria Autonomous Foreign Exchange Market (NAFEM) on Tuesday, as investors intensified their demand for the greenback ahead of the festive season rush. Amid a squeeze in the supply of the foreign currency to the market, the value of the local currency closed at N881.88/$1 yesterday compared with the preceding session’s N814.60/$1. Though the supply of FX into the official market improved by 17.9 per cent or $18.00 million to $118.06 million from $100.06 million quoted on Monday, it was not

Welcome to the fascinating world of cryptocurrency wallets, where technology is always developing and innovating. Blockchain technology and cryptocurrencies have revolutionized how we see and utilize money over the last ten years. Cryptocurrency wallets have been crucial in this transition, giving consumers the means to safely access, control, and use their digital assets. Let’s explore the exciting developments and trends that are predicted to completely alter the landscape of crypto wallets as we look to the future. Key Takeaways The environment of cryptocurrency wallets is changing quickly as a result of new trends and technologies. Future crypto wallets will prioritize

In furtherance of my sacred duties and obligations as President of the Federal Republic of Nigeria, it is my honour to be here today to present my administration’s 2024 Budget Proposal to this Joint Session of the 10th National Assembly. This moment is especially profound and significant to me because it is my first annual budgetary presentation to the National Assembly. Distinguished Senators and Honourable Members of the National Assembly, I commend your swift consideration and passage of the 2023 Supplementary Appropriation Bills and the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper. Your prompt action underscores your devotion

By Adedapo Adesanya The Minister of Solid Minerals Development, Mr Dele Alake, has assured foreign investors of low production costs as they consider investing in the country’s mining sector. Speaking at the Mines and Money Conference in London, Mr Alake said President Bola Tinubu has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors. “The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations,” the Minister said, according to a statement by his aide, Mr Kehinde Bamigbetan. “Recently, recognizing the evolving global landscape and

Proprietary trading firms, often called prop firms, are businesses that give money to traders. In such a way they can trade things like stocks, Forex, futures, and options. If you really like trading and want to work in the fast world of financial markets, prop trading can be an exciting option. Traders Union (TU) experts have provided a comprehensive article. They explained about prop trading jobs and salary. Finding the best jobs in proprietary trading TU’s analysts consider that the best prop trading jobs depend on your skills and experience. Prop trading firms look for traders with a strong trading

By Adedapo Adesanya Italian football side, SSC Napoli, have confirmed the signing of Nigerian striker, Victor Osimhen, from French outfit, Lille, on a five-year contract. The deal, worth €50 million fee + bonuses, was announced on Friday, July 31, 2020, making him the most expensive African player of all time. Victor Osimhen was signed as a replacement in Lille following the move of Nicolas Pépé to Arsenal in a £72 million deal. They signed Victor Osimhen for £12m to replace him. Now, they have sold him to Napoli in the €50 deal after scoring 18 times in 38 appearances for

By Adeniyi Ogunfowoke With the trending economic situation, many businesses have failed. Regardless, many of the causes of business failure can be prevented. These causes shared by Jumia Travel, the leading online travel agency will help you put together a plan to make sure your business is around for decades. Lack of experience Lack of experience is one of the causes of business failure. If you are inexperienced or your management is made up of novices, then your business is likely to fail. When starting a new business, it is advised you get the services of people experienced in that field.

By Modupe Gbadeyanka One of the top lenders in Nigeria, Zenith Bank Plc, has expressed its intention to issue about $500 million Eurobond in the second tranche of the $1 billion Global Medium Term Note programme it launched in 2014. In the first tranche of the exercise, the financial institution’s $500 million Eurobond was oversubscribed by investors mainly from Nigeria, the United States, the United Kingdom and the European Union. In a notice to the Nigerian Stock Exchange (NSE) on Thursday, Zenith Bank explained that it, “Intends to utilize the net proceeds of the Second Tranche Notes for its general

By Dipo Olowookere The local equity market tripped on Tuesday by 0.96 percent, thanks to activities of profit takers on the floor of the Nigerian Stock Exchange (NSE). The market was quiet as investors carefully watched wish stock to cash in on as a result of price appreciation at the equity market in the last few days. This led to the stock market posting a loss of N124 billion at the close business today, with the major market indices pointing south. The All-Share Index (ASI) depreciated by 358.87 points to settle at 36,953.41 points, while the market capitalisation declined by

By Adedapo Adesanya Okomu Oil Palm Company Plc has revealed plans to revamp the agricultural industry in Edo State through a collaborative arrangement with the local communities and indigenous farmers to boost job creation and production in the state. In a statement signed by Christian Mariare, the company’s Secretary, it was disclosed that the firm was planning to cultivate over 5,000 hectares of oil palm in the state. This effort is in line with the foresight of the Edo State Investment Promotion Office (ESIPO), which seeks to improve agricultural techniques for cultivation and production of the resource in the state.

By Adedapo Adesanya The Kano Electricity Distribution Company (KEDCO) has noted that investment in network expansion remains steadfast and non-negotiable across its franchise distribution states. This was made known by the Managing Director/Chief Executive Officer (CEO) of the company, Mr Jamil Isyaku Gwamna. He restated KEDCO’s commitment to continue investing in its network to improve service delivery to its numerous customers in its three covered states. According to Mr Gwamna, Kano Electric prioritizes the satisfaction of its numerous customers and as a result, it has been working hard to ensure that they are serviced properly. The energy distribution company’s chief

Rafael Nadal will be facing Stefanos Tsitsipas in the Masters 1000 event finals. The current world number one marched into the finals after a tough match with world number six, Karen Khachanov on Saturday night. While everyone is excited about Nadal playing in the finals, Greek teenager Tsitsipas will be on the lookout.  We know that if you love betting on your favorite sports matches, you are already on 1xbet trying to bet on the game. So, how would it be like? Would Tsitsipas be able to make a difference and face up to Nadal in the final? While it