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FAO: World food prices rise in January

World food prices rose in January, buoyed by a rebound in dairy prices and stronger showings for vegetable oils and sugar, the United Nations food agency said on Thursday.
Africa's richest man Aliko Dangote

Aliko Dangote: We are placing Nigeria on global map of sugar producers

Alhaji Aliko Dangote, President, Dangote Group, says his investment in the sugar sector will place Nigeria on the global map of sugar producers while increasing employment and saving huge foreign exchange for the country.

Aliko Dangote feeds 30,000 IDPs in Zamfara

In yet another massive intervention, the Aliko Dangote Foundation Monday officially launched a major philanthropic programme in Zamfara State, doling out food items running into several millions of naira to support victims of insurgency.
National Emergency Management Agency NEMA

NEMA provides succour to over 2000 flood victims in Adamawa

The National Emergency Management Agency (NEMA) on Saturday presented relief materials to over 2,303 households affected by flood disaster last year in Adamawa.
Aliko Dangote, president of Dangote Group, says the conglomerate’s revenue base will hit $30 billion by 2020 — a feat he would have considered impossible 10 years ago.

Aliko Dangote maintains position as Africa’s richest man

Aliko Dangote, the President of Dangote Group, who was ranked Africa’s richest man in the 2019 Forbes Africa’s billionaires list, has remained consistently ahead of the pack for the eighth consecutive year, with a current net worth of $10.3 billion.
Omar al-Bashir

Sudan’s president Omar al-Bashir forms panel to probe protest violence

Sudan's President Omar al-Bashir ordered authorities Tuesday to set up a committee to investigate violence during anti-government protests, even as a range of political groups called for a "new regime" in the country.

Yuletide: Bauchi government distributes foodstuffs, clothes to 150 women groups

The Bauchi State Ministry for Women Affairs on Sunday began distribution of foodstuffs and clothes to 150 women groups in the spirit of the Christmas.

FAO: World food prices drop to two-year low in November

World food prices declined in November 2018 to their lowest level in over two years, led down by much weaker vegetable oil, dairy and cereal prices, the United Nations food agency said on Thursday.
cargo ship

36 ships conveying petrol, other goods expected at Lagos ports

The Nigerian Ports Authority (NPA) is expecting 36 ships to bring petroleum products, food items and other goods to Apapa and Tin-Can Island Ports in Lagos, from Dec. 6 to Dec. 29.
Aliko Dangote, president of Dangote Group, says the conglomerate’s revenue base will hit $30 billion by 2020 — a feat he would have considered impossible 10 years ago.

Aliko Dangote steps up investments in agriculture

The President of Dangote Group, Aliko Dangote, has said the current effort of the Federal Government at diversifying the economy to an agriculture-centered one remains the viable solution to creating a healthy economy.

Godwin Emefiele: Nigeria has achieved food imports reduction, saved $21 billion in 34 months

The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018.
George H.W. Bush

Week of solemn tributes for the late George Bush

Flags flew at half-staff across the United States on Saturday as Americans prepared for a week of solemn tributes to George H.W. Bush, in his home state of Texas and in the US Capitol, a day after the former president died aged 94.
At least 30 Nigerian soldiers have been killed in a gun battle with Boko Haram fighters who overran a military base in the country's northeast, according to military sources.

Nigerian troops dislodge Boko Haram from hideout

The Nigerian Army said its troops have dislodged Boko Haram insurgents from their hideout in Gamboru Ngala Local Government Area of Borno.

Flood: NEMA distributes relief materials to 172 households in Niger

The National Emergency Management Agency on Thursday distributed food items to about 172 households displaced by flood in Niger.
President Buhari presides over National Food Council Meeting in State House on 16th Nov 2018-4

Nigeria faults US report on rice importation

The Kebbi State Governor, Alhaji Atiku Bagudu, has faulted a report by the United States Department for Agriculture which suggests that the nation had imported rice to the tune of about three million tonnes, saying it was inconsistent with available facts.
People ride on a boat past A.P. Moeller-Maersk A/S branded shipping containers stacked at the Ladol free trade zone port in Lagos, Nigeria, on Tuesday, May 22, 2018. Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand its facilities and get more business from major production companies. Photographer: George Osodi/Bloomberg

Bribes, beatings and gridlock at ports choke Nigeria economy

The lines of aging blue, red and yellow trucks begin almost 6 miles (10 kilometers) from the gates of Nigeria’s main port of Apapa.

Nigeria crashes food importation by 60 percent

Nigeria has succeeded in reducing the importation of food items by 60 per cent from 2015 to date, the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, reported.

Dangote Group sets to unveil new products

Companies under the leading African Indigenous Conglomerate, Dangote Industries Limited, as part of its strategies to increase market share and deepen customers’ affection, will be unveiling their various new products at the on-going Lagos International Trade Fair.

Recent Stories

Elections: Police warn politicians to seek redress in court of law, refrain from violence

The Oyo State Police Command on Wednesday urged any aggrieved party or parties on any issue that may arise over the conduct of the forthcoming general elections to seek redress in a court of law.

NCAA urges telecoms operators to offset outstanding debts

The Nigerian Civil Aviation Authority (NCAA) Wednesday advised telecommunications operators, who are yet to remit their outstanding payments to the agency, to do so without further delay.
Super Eagles midfielder Ogenyi Onazi

Super Eagles’ Ogenyi Onazi set for early injury return

Onazi, 26, ruptured his Achilles tendon while in action for Trabzonspor in a Turkish League game against Rizespor in December 2018 and has since undergone surgery.

DMO: Investors bid N234 billion for N150 billion bonds offer

The Debt Management Office (DMO) says the Federal Government’s February bonds received over N234 billion from investors for the N150 billion that was offered.

Zambia opposition to report President Lungu’s ‘violence’ to ICC

Opposition parties in Zambia said Wednesday they would report President Edgar Lungu to the International Criminal Court in The Hague for alleged political violence against his rivals.