Springfield Agro has inaugurated a $12 million (N18.7 billion) agrochemical plant in Sagamu, Ogun State, to combat pest infestations and enhance agricultural productivity in Nigeria. The facility aims to reduce dependence on imported agrochemicals while driving economic growth in the sector. Narain Chanrai, chairman of Kewalram Chanrai Group, announced during the plant’s commissioning on Wednesday […]
The European Union (EU) has reaffirmed its commitment to supporting Nigeria’s sustainable development, economic growth, and job creation. Speaking at his first press briefing since assuming office, EU Ambassador to Nigeria, Mignot, highlighted the EU’s role as Nigeria’s leading trade and investment partner, with total trade between both regions valued at €35 billion in 2023. […]
Economists and industry leaders have stressed the importance of prioritizing domestic economic growth, infrastructure development, and developmentto drive Nigeria’s sustainable growth in 2025. This call was made at the Meristem 2025 Economic Outlook event in Lagos, which brought together policymakers, industry leaders, and investors to discuss strategies for achieving economic stability. Tope Fasua, Special Adviser […]
The Delta State Ministry of Humanitarian Affairs, Community Support Services, and Girl Child Development has unveiled plans to equip young girls with essential skills in digital literacy, entrepreneurship, and business management. Commissioner Orode Uduaghan announced the initiative during a briefing with the Asaba Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ), emphasizing its goal […]
Over 21 cooperative societies of farmers and artisans in Osun State have received a financial boost of over ₦120 million, courtesy of the Agboluaje Kajola Foundation. The foundation, supported by a group of philanthropists, also commissioned solar-powered streetlights worth ₦100 million at Igbona Market in Osogbo, Ilare Ijesa, and Ilesa towns. Additionally, newly built lockup […]
The National Tomato Growers, Processors, and Marketers Association of Nigeria (NATPAN) has called on the Federal Government to intervene in reducing post-harvest losses in the tomato sector. Rabiu Zuntu, Chairman of NATPAN’s Kaduna State chapter, made this appeal on Tuesday in Lagos, emphasizing the critical need for government support to address challenges faced by smallholder […]
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 […]
As Nigeria’s population is projected to soar to 440 million by 2050, stakeholders in the food industry are emphasizing the urgent need for collaborative efforts to ensure food safety and sustainability. The Nigerian Institute of Food Science and Technology (NIFST), during its Annual National Conference in Kano, stressed the importance of prioritizing food safety to […]
Local tractor manufacturers in Nigeria have raised concerns over federal government policies they claim are undermining efforts to boost indigenous production. Despite a push to enhance the agricultural value chain and reduce reliance on imports, industry players argue that certain government actions are sabotaging these objectives. This tension is most evident in the country’s tractor […]
The National Information Technology Development Agency (NITDA), in collaboration with the Japan International Cooperation Agency (JICA), has launched the iHatch Cohort 4 programme to accelerate Nigeria’s startup growth. Running from October 2024 to January 2025, the initiative will support 185 startups and 37 innovation hubs nationwide through mentorship, training, and investment readiness. Hadiza Umar, NITDA’s […]
