July 6, 2020

CBN & GBfoods Complete N20bn Tomato Processing Factory

GBfoods, a culinary product manufacturing, in partnership with the Central Bank of Nigeria (CBN), Kebbi State Government and the Emirate of Yauri, recently built a N20 billion Tomato processing factory, in Kebbi State. The factory which is said to be the second largest in Nigeria and the only fully backward integrated plant in ECOWAS – […]

July 4, 2020

350,000 Poultry Farmers Out of Business in Ogun as A Result of Covid 19

In Abeokuta Nigeria, No fewer than 350,000 poultry farmers have been forced out of business in Ogun State from the effects of the coronavirus pandemic, the State Chairman of the Poultry Association of Nigeria (PAN), Mrs Isioma Blessing Alawode, has disclosed. Addressing newsmen yesterday in Abeokuta on the plight of the poultry farmers, Alawode raised […]

July 3, 2020

FG Distributes Seed,Fertilizers & Others To Farmers In Kogi State

The Federal Government of Nigeria has distributed 38,142 kilogrammes of improved cashew seeds to Kogi farmers, to mitigate the effects of the COVID-19 pandemic. Sabo Nanono, the Minister of Agriculture and Rural Development, made this known at the roll-out of inputs to farmers in Lokoja on Thursday. The programme was organised by the Ministry of […]

July 2, 2020

Opay Shuts Down Other Business Arms To Focus Mainly On Fintech

Opay announced this afternoon that it would be shutting down some of its business units (for now) to focus only on financial technology services. A press statement they released, said they primarily blamed the development on the COVID-19 pandemic, as well as a recent regulation by the Lagos State Government which banned commercial motorcycles across […]

July 2, 2020

Nigerian Fintech Startups May Soon Need Regulatory Approval To Launch New Products

The Central Bank of Nigeria (CBN) has released a new framework for regulatory sandbox operations in Nigeria which seeks to provide regulatory oversight for fintech innovation. The sandbox is a formal process for firms to conduct live tests of new innovative products, services, delivery channels, or business models. This will be done in a controlled […]

July 2, 2020

Expert Urges SMEs to Embrace Digital Marketing

A Digital Marketing Consultant,Mr Efe Igbinovia has called on operators of Small and Medium Enterprises (SMEs) to embrace digital marketing to get more patronage, following effects of COVID-19 pandemic lockdown. He said that the owners of SMEs should increase their social media presence given the fact that there was a surge in social media during […]

July 1, 2020

CAC certificate now to be issued with TIN to Business owners

With the interest of doing Business Initiatives with ease, the Corporate Affairs Commission (CAC) will now work with the Federal Inland Revenue Service (FIRS) to issue Tax Identification Numbers (TIN) along with the Certificate of Incorporation. This will save companies and small business owners the troubles of applying separately to the FIRS for their Tax […]

July 1, 2020

Google offers grant-based initiative to support Nigerian non profit organizations

Keeping up with its tradition of providing springboard for start-ups and budding organisations with social economic impact, global search engine, Google, has launched a platform to help not-for-profit organisations, NPO scale their objectives past awareness and financial hurdles. Tagged Google for Nonprofits initiative, the tech giant aims to use the platform to empower qualified not-for-profit […]

June 30, 2020

How FG plans to support Women-owned MSMEs to recover from the pandemic

The Federal Government of Nigeria is set to roll out palliatives to assist women-owned medium and small businesses (MSME’s) recover from the impact of the pandemic. This was disclosed by the Minister of Women Affairs, Mrs Pauline Tallen, in Abuja during the virtual E-launch of the National Survey on the impact of COVID-19 on women-owned […]

June 30, 2020

MSME130 farmers to receive seed funding of N100,000 each

The National Information Technology Development Agency has kick-started a job and wealth creation programme where 130 farmers will each receive seed funding of N100,000. The programme will be supervised by the Federal Ministry of Communication and Digital Economy. According to a statement from the agency, the National Adopted Village for Smart Agriculture (NAVSA) programme is […]

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