Economy
natnuPreneur Farmers Enjoy 37.5% Profit Yearly on Investment—Adewole

By Modupe Gbadeyanka
Coordinator of natnudO Foods’ broiler out-grower scheme tagged ‘natnuPreneur,’ Mr Gbolade Adewole, has disclosed that farmers registered under the six- seven week broiler production scheme have consistently enjoyed between 7.5% and 15% profit on investment per cycle.
He noted that with a potential to conclude 5 cycles per year, efficient farmers stand to make between 37.5% and 75% profit per annum, making natnuPreneur “broiler out-grower” the most profitable poultry scheme in the country.
Mr Adewole made the revelation while addressing journalists at a press briefing on Tuesday, August 15, 2017 in Lagos.
He also disclosed that between October 2014 and July 2017, poultry farmers registered under the three year ‘pilot phase’ have reared over 4 million birds and the firm has off-taken birds to the value of over N4 billion.
Mr Adewole stated that the natnuPreneur initiative is not only in the business of providing a ready market for broiler farmers, but also in ensuring that they are consistently in business and that they make profits that can be sustained consistently over time.
“We treat our farmers’ farms as our own and invest a lot of time in ensuring their poultry businesses are run with global best practices as we run and manage ours, because we believe that our success is closely tied to the success of our farmers.
“Our vision is to create passionate, knowledgeable, and wealthy poultry farmers nationwide through sustained profitability.
“It is not enough to help farmers achieve profitability after just one cycle. We have heard of many out-grower schemes in the past where farmers make millions but couldn’t retain it afterwards. What we are most concerned about is that the profit our farmers make increases and is sustained. In other words, we make and retain broiler millionaires through frequent training on poultry management processes and continuous monitoring/supervision of farm activities,” he said.
He further emphasized, “We help our farmers understand the dynamics of poultry business through effective and regular training, monitoring and mentorship.
“We also help them increase efficiency of production by taking them through good management practices on how to manage their resources, using our Net profit calculator to understand the details of the economics of broiler production, and how to reduce mortality of birds.”
He further said that in their three years of operation, they have been able to increase the capacity of their farmers in terms of number of birds stocked, thereby making them grow profitably.
“natnuPreneur has a standard operating manual used in monitoring optimal farm management, such that, lapses in standard processes are quickly noticed and brought to the attention of the farmer.
“Aside from this, we pay weekly visits to farms to monitor their progress and offer business and technical advice when needed. These activities have helped to achieve the success level recorded by our farmers so far,” he added.
According to him, “these processes are what distinguish natnuPreneur from other broiler out-grower schemes the country has witnessed in the past.”
In terms of societal impact, Mr Adewole pointed out that natnuPreneur has created thousands of direct and indirect employment across the country.
“natnuPreneur has directly employed 150 graduates, working as extension officers (Farmer Satisfaction Representatives, in the Feed mill, hatchery and abattoir) and there are plans to recruit 60 more to manage the increase in capacity.
“Presently, the initiative indirectly influences the employment of over 5,000 people, who work at various levels with farmers and farmer cooperatives.
“There is a potential to have additional 1 Million people, directly working with natnuPreneur in different capacities, within the entire value chain (Feed Mill, Hatchery, Logistics and transportation, Chicken processing, Chicken distribution/sub distribution and our Retailers, called natnuPreneur Seller,” he said.
He further revealed that the scheme, which has engaged several small and medium scale broiler poultry farmers, is intended to help boost supply of high quality locally bred chicken for consumption across the country, making quality chicken available as well as affordable to all Nigerians.
Mr Adewole revealed that the credibility of the scheme, has over the years, earned them partnership with many commercial banks like Sterling bank, Heritage bank and Jaiz bank, as well as many microfinance banks in the country, while adding that the scheme has also attracted the Anchor Borrower programme of the Central Bank of Nigeria (CBN) where we have partnered with Bank of Agriculture (BOA), Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) and Bank of Industry (BOI).
“We have collaborated with these institutions and shared resources in the process. The learning, data gathered and analysed over this period has been used constantly to optimize our processes and improve our systems. This is then feedback into our systems and in house application developed specifically to monitor our performance,” he disclosed.
He concluded that the natnuPreneur scheme is set to reposition poultry out-grower service in Nigeria by supporting the establishment of new broiler farms and expanding existing ones in the nooks and crannies of the country.
While also addressing newsmen, Deacon Toromade Francis, General Manager, Policy and Strategy, Amo Group and Mr Oloruntoba Emmanuel, General Manager, Amo Byng, a member company of Amo Group called on governments at all levels to be more proactive in curbing the menace of smuggling chicken products into the country and also support the local production of maize and soya, adding that if this is done, the initiative will be able to create more employment opportunities, absorb over 10 million people and add significantly to the overall GDP of the nation.
Sharing their experiences, two long term natnuPreneur farmers, Dr Robinson of Kadapo farms in Kwara State and Mrs Tomori of Honey Dew farms, Oyo State, made highly complementary comments and confirmed the claim made by the AMO FARM’s team.
Economy
CAC Gives Six-Week Ultimatum to Unregistered Businesses

By Adedapo Adesanya
The Corporate Affairs Commission (CAC) has given all unregistered businesses in Nigeria to register within six weeks or risk jail term.
In a statement on Tuesday titled Public Notice: Carrying on Business in Nigeria Under an Unregistered Name or Acronym, the agency threatened to prosecute those who fail to register their businesses within the stipulated period.
The commission informed the general public that it is a criminal offence under Section 863 of the Companies and Allied Matters Act, 2020, to carry on business in the country as a company, limited liability partnership, limited partnership, or under a business name without registration.
It is also an offence to operate under a name (or acronym) other than the one registered under the Act, it warned, emphasising that Section 729 of the Act requires every registered company to display its registered name and registration number at every business location.
“In addition, the company is required to state its registered name and registration number on all its official publications, including letterheads, signage, marketing, and publicity materials,” the statement added.
The CAC stressed that non-compliance with business registration requirements may result in prosecution and a conviction that carries a penalty of up to two years’ imprisonment.
“In particular, the general public should note the provisions of Section 862 (1) of the Act, which state that any person who, in any document required under the Act (including the aforementioned official publications of a company), knowingly makes a false statement in any material respect commits an offence and is liable on conviction to imprisonment for a term of two years, in addition to a daily fine imposed on the company for every day the offence continues,” it stated.
The CAC stressed that all companies, limited liability partnerships, limited partnerships, and business name proprietors must comply with the provisions of the Act within six weeks of this notice, adding that failure to comply will result in enforcement actions, including prosecution.
Economy
FrieslandCampina, Three Others Lift NASD Bourse by 0.41%

By Adedapo Adesanya
Securities of four companies on the NASD Over-the-Counter (OTC) Securities Exchange lifted the platform by 0.41 per cent on Monday, April 28.
FrieslandCampina Wamco Nigeria Plc increased its price by N2.78 during the trading day to N38.15 per share from N35.37 per share, Lagos Building Investment Company (LBIC) Plc added 28 Kobo to its previous value of N2.80 per unit to close at N3.08 per unit, Geo-Fluids Plc gained 18 Kobo to settle at N1.98 per share versus N1.80 per share, and UBN Property Plc rose by 10 Kobo to N2.20 per unit compared with last Friday’s N2.10 per unit.
However, the price of Mass Telecom Innovation Plc was marginally down yesterday by 1 Kobo to 40 Kobo per share from 41 Kobo per share.
At the close of trades, the market capitalisation of the platform increased by N7.83 billion to N1.922 trillion from N1.914 trillion and the NASD Unlisted Security Index (NSI) grew by 13.36 points o 3,282.42 points from 3,269.06 points.
There was a 99.9 per cent slump in the volume of securities traded during the session to 692,885 units from 3.7 billion units, there was also a decline of 99.98 per cent in the value of transactions to N22.6 million from N9.5 billion, and but the number of deals went up by 90 per cent to 38 deals from 20 deals.
When the market closed for the trading session, Impresit Bakolori Plc remained the most traded stock by volume on a year-to-date basis with 533.9 million units worth N520.9 million, Geo-Fluids Plc occupied the second spot with 259.3 million units valued at N440.9 million, and the third spot was taken by Okitipupa Plc with 153.6 million units sold for N4.9 billion.
Okitipupa Plc remained the most traded stock by value on a year-to-date basis with 153.6 million valued at N4.9 billion, followed by FrieslandCampina Wamco Nigeria Plc with 16.2 million units sold for N620.6 million, and Impresit Bakolori Plc with 533.9 million units worth N520.9 million.
Economy
In Record Time: Octa Broker on How Speed Inspires Trust

In online trading, speed is king. Below, the experts at Octa, a regulated and trusted broker since 2011, break down the aspects of trading where speed matters most and offer an accessible way to accelerate your trading progress.
The modern world revolves around speed and solutions that solve problems faster than their predecessors. Speed advantage determines success in many industries and areas of life: information delivery, financial transactions, manufacturing, sports, and many more. This is especially true about all things digital, particularly online trading, where delays are considered a serious red flag by the modern consumer.
Why modern trading is all about speed
For modern traders, the broker’s ability to provide efficient order execution, fast withdrawals, and timely customer service are the key requirements for building trust. Without speed, a broker can hardly expect to establish long-term client relationships. Moreover, in the financial sector, speed comes in many forms.
The e-brokerage industry entirely depends on high-speed data feeds and information transfers executed with millisecond precision. Retail traders who operate from their desktops or mobile devices find navigating the markets proportionately easier if they are fast enough where and when it counts.
In online trading, especially in scalping or intraday trading with lesser timeframes, a breakout, reversal, or reaction to a news release can happen in seconds. Delayed order execution, a stuttering trading platform, or suspended reaction due to incomplete information can easily turn a low-risk, high-probability trade into a risky venture with an uncertain outcome.
Where in trading speed makes the most difference
Traders emphasise the importance of strategy, but it is the execution that often separates a positive outcome from a negative one. Choosing the right price movement direction is useless unless you do it on time. Fast execution means less slippage, better prices, tighter spreads, and more control over your risks.
Another speed-related factor that determines a positive trading experience and is, therefore, highly valued by traders is withdrawal speed. Octa broker’s recent survey shows that the ability to withdraw their funds without hiccups is one of the main reasons traders choose one broker over another.
Octa broker uses its global reach to establish close cooperation with various payment providers and systems. This way, Octa offers some of the fastest withdrawals on the market while avoiding any hidden charges. All the broker’s fees are reflected in its terms and conditions and can be reviewed in advance.
CFDs: a perfect instrument for modern-day trading
Contracts for difference, or CFDs, are well-known for speed and flexibility. With CFDs, you’re not buying an asset or a futures contract with delivery obligations—you’re trading price movement, and that makes the entire transaction faster and more direct.
CFDs allow you to profit from upward and downward market movements without restrictions. You don’t have to waste time waiting for a market surge or borrowing from an exchange if you are going short, as is often the case with crypto trading. This flexibility is especially advantageous in fast-moving markets, where direction can reverse in seconds.
Another advantage of CFDs is tight spreads and direct market access, which means the prices you see are among the best available in the market. On top of that, your trades are executed without interference. This eliminates delays and improves your chances of getting filled at or near your intended price.
Last but not least, CFDs provide multiple leverage options, which, if used wisely, can significantly increase your potential, albeit at the cost of increased exposure. Leverage allows traders to capitalise on short bursts of volatility instead of waiting for a major directional move to turn a profit.
Conclusion
Modern trading is driven by speed, efficiency, and transparency. Brokers build trust by allowing traders to operate efficiently in a high-frequency environment and act on volatility without delay. By ensuring fast withdrawals and a transparent, clearly communicated fee structure, brokers facilitate a seamless trading journey for their clients, contributing to their success in a vibrant environment where speed reigns supreme.
Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Since its foundation, Octa has won more than 100 awards, including the ‘Most Reliable Broker Global 2024’ award from Global Forex Awards and the ‘Best Mobile Trading Platform 2024’ award from Global Brand Magazine.
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