Presco Plc, Nigeria’s leading palm oil producer, is set to raise ₦100 billion in the first tranche of its ₦150 billion bond issuance programme. This marks the largest corporate bond issuance in Nigeria’s palm oil sector, with a seven-year tenure and a competitive yield range of 23.25% to 23.75%. The company, rated Aa by Agusto […]
The Minister of Innovation, Science, and Technology, Uche Nnaji, has inaugurated the AI Academy in Abuja, an initiative designed to empower Nigerians with essential artificial intelligence (AI) skills. Launched in collaboration with the Commonwealth Secretariat and Intel Corporation, the program offers free online courses to students, youths, and civil servants nationwide. During the launch, Nnaji […]
Amid a surge in Human Metapneumovirus (HMPV) cases in China and rising infections across the UK, France, and Germany, the Nigeria Centre for Disease Control and Prevention (NCDC) has urged hospitals nationwide to strengthen their Infection Prevention and Control (IPC) measures. The directive includes setting up dedicated isolation rooms to promptly manage suspected cases and […]
The Albinism Association of Nigeria (AAN) has issued an urgent call for support from all tiers of government and the public to assist 40 of its members battling various stages of skin cancer. This appeal comes after the association reported the loss of 16 members to the disease in 2024. In a heartfelt New Year […]
Stakeholders in Nigeria’s cocoa production sector are calling on the Federal Government to enhance support for the industry by transforming the National Cocoa Management Committee (NCMC) into a full-fledged board. They also seek funding for the National Task Force on European Union Deforestation Regulation (EUDR) and subsidized agricultural inputs for farmers to boost cocoa productivity […]
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public alert warning Nigerians and healthcare providers about counterfeit Phesgo 600mg/600mg/10ml cancer treatment. The drug, marked with batch number C5290S20, was flagged after a complaint from a doctor at Lagos University Teaching Hospital (LUTH-NSIA). The counterfeit product was identified due to […]
Nutrition and child health experts have identified early breastfeeding within the first 30 minutes of birth as one of the most cost-effective interventions to combat stunting in children under five in Nigeria. Exclusive breastfeeding for six months, followed by continued breastfeeding until age two, has been shown to significantly improve child nutrition and reduce stunting […]
The Onion Producers, Processors, and Marketers Association of Nigeria (OPMAN) has attributed the sharp rise in onion prices to flooding, climate change, and poor seed quality. According to the Association’s national president, Aliyu Isah, these challenges have significantly reduced production, causing scarcity and price hikes. From the fourth quarter of 2024, onion prices skyrocketed, with […]
Polaris Bank, in partnership with key stakeholders, has reinforced its dedication to addressing Nigeria’s out-of-school children crisis. Since 2020, the Bank’s intervention programs have provided education opportunities to over 16,000 students, ensuring they have the resources to learn, thrive, and build better futures. With a focus on empowering the girl child, the initiative also adopts […]
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Chinyere Almona, has praised the federal government’s establishment of the National Credit Guarantee Company (NCGC), calling it a crucial move to improve credit access for women, youth, and small-scale enterprises. In her New Year address, Almona highlighted the potential of an effectively implemented credit […]
