By TINA TOLUTOPE THE Lagos State Government on Sunday hosted the fifth edition of its annual Food Festival, reinforcing its commitment to strengthening the agricultural value chain and supporting stakeholders across the food ecosystem. The event, organised by the Ministry of Agriculture and Food Systems, held at Muri Okunola Park, Victoria Island, attracted food vendors, […]
By HALIMA TAKWAS NIGERIA is targeting an estimated ₦160 billion in wheat output during the 2025/2026 dry season as part of renewed efforts to boost food sovereignty and cut reliance on imports. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, disclosed this during the launch of the subsidised agricultural […]
By FIDELUS ZWANSON NIGERIA enters the Yuletide season with unusual contradictions. Food prices are declining, inflation is slowing and markets are well stocked—yet traders complain of poor sales and families still count every naira. It is a season of cautious optimism shadowed by economic reality. Last year’s Christmas was defined by […]
By SANI BATURE NIGERIA’S poultry sector is under renewed strain as broiler day-old chick (DOC) prices fall below ₦450, a steep and sustained decline that has unsettled farmers ahead of the Christmas and New Year sales peak. While seasonal price drops are common, stakeholders say this year’s slump is deeper, driven by weak […]
By NINI NDUONOFIT-AKOH THE Niger Delta Micro Small Medium Enterprise (NDMSME) initiative has awarded ₦3 million in business grants to three young entrepreneurs in Bayelsa State during its fifth edition themed “Enhancing the Role of MSMEs as Drivers for Sustainable Growth and Innovation.” The beneficiaries — Ochuko Richard (Dear Consultant), Blessing Asokomeh (Tak Hair Academy), […]
By SANI BATURE THE Federal Government has announced plans to intensify youth agripreneurship initiatives as part of efforts to transform Nigeria’s food systems and boost food security. Minister of Agriculture and Food Security, Sen. Abubakar Kyari, disclosed this at a youth agripreneurs workshop in Abuja, organised by the LIFE-ND Project. Kyari noted that young Nigerians […]
By TINA TOLUTOPE TOMATO farmers in Nigeria are projecting an increased supply of the produce ahead of Christmas and New Year celebrations, which is expected to push prices lower. The prediction was made by Mr. Rabiu Zuntu, Chairman of the Tomatoes Growers and Processors Association of Nigeria, in an interview on Monday in […]
By OBIOMA TORI ECONOMIC stakeholders in Abuja have raised alarm over delays in the preparation and presentation of Nigeria’s 2026 budget, describing the current budgeting system as inconsistent and fiscally disruptive. As 2025 draws to a close, the Federal Government has yet to submit the 2026 Appropriation Bill to the National Assembly, […]
By SANI BATURE THE Corporate Affairs Commission (CAC) has announced a crackdown on unregistered Point of Sale (POS) operators across Nigeria, effective 1 January 2026. The move comes after a rise in POS operators functioning without proper registration, violating CAMA 2020 and CBN Agent Banking Regulations. In a statement on Saturday, CAC warned that all […]
By FIDELUS ZWANSON IN a major policy shift, the Central Bank of Nigeria (CBN) has lifted all cash deposit limits and increased weekly withdrawal thresholds for individuals and businesses, effective 1st January 2026. The move aims to ease liquidity constraints, reduce transaction delays, and restore confidence among cash-dependent consumers and businesses. Under the new rules, […]