The Federal Ministry of Agriculture and Water Resources plans to auction about 1,000 tractors and implements purchased in 2007 at the cost of N6 billion, an investigation by the News Agency of Nigeria (NAN) has revealed. The investigation showed that the tractors were rotting away in six locations across the country including Moore Plantation, Ibadan and the Cotton and Agricultural Processor Ltd, Zaria.

The Commissioner for Insurance, MrFola Daniel, has urged insurance operators to comply with the National Insurance Commission (NAICOM) Policy and Operational Guidelines for 2010. Daniel said in Lagos on Wednesday that compliance was necessary because the guidelines would form part of the regulatory and supervisory tools for 2010.

By Angela Okisor The Cashew Nuts Association of Nigeria (CNAN) has urged the Federal Government to support its cashew regeneration plan to enhance quality production. The CNAN President, Mr Tunji Owoeye, made the plea in Lagos on Monday in an interview with the News Agency of NigeriaHe said the association was collaborating with cashew farmers […]

OA Lifestyle, in collaboration with Natural Wellness, recently held a one-day exhibition and wellness workshop to highlight some of the remedies available to help combat sleeplessness and stresses.

Afromedia Plc has announced a dividend of five kobo per share for its shareholders in its 2009 financial year.According to its audited financial report for the year ended, September 30, 2009, released to the Nigerian Stock Exchange (NSE), Tuesday, the dividend which is subject to shareholders’ approval at its forthcoming annual general, will be paid to shareholders whose names appear on its register on February 12, 2010.

OUR politicians do not expect us to take them serious. In their thinking, some bags of rice, or whatever inducement that would swing the impoverished voters to their direction would sustain democracy. They have succeeded so far because the people have been completely alienated from a process that is supposed to be about them.

Shareholders of quoted companies have criticised the proposed plan by the Securities and Exchange Commission (SEC) to revisit the recapitalisation of capital market operations which hitherto generated a lot of controversies among operators.

The Monetary Policy Committee (MPC) of the CBN is set to look into the challenges of Nigerian economy against developments in the international economic and financial environments for 2010.

ABUJA—A whopping N29.7billion proposed by the Presidency to implement the anticipatory Petroleum Industry Act, fund new gas projects, and sundry capital  projects, suffered a set back yesterday, as the House of Representatives Committee on Gas dismissed the estimates for the items as unrealistic and lacking in transparent details.

Bruised by a stinging rebuke from President Barack Obama, the top US intelligence chief has pledged to repair flaws in the security services to confront an evolving threat from terror groups. This is coming on the heels of Cuba’s formal protest over new US travel rules tightening security checks for airline passengers traveling from or […]

The Action Congress, AC, has expressed delight at the news that President Umaru Yar’Adua’s health has improved so much that he could talk on the phone with some key government officials and top lawmakers.

The ECOWAS has advised businesses in the sub-region to take advantage of the forthcoming “Nimaskar Africa 2010” exhibition to explore better business relationship with their Indian counterparts.

The Commissioner for Insurance, Mr Fola Daniel, has urged insurance operators to comply with the National Insurance Commission (NAICOM) Policy and Operational Guidelines for 2010. Daniel said in Lagos on Wednesday that compliance was necessary because the guidelines would form part of the regulatory and supervisory tools for 2010.According to him, the guidelines are also meant to sanitise the industry and rid it of unethical practices.

President Umaru Yar’Adua, has been out of the country for the past 46 days on medical treatment in Saudi Arabia. While away, the country seemed to have grinded to a halt, even though those in government will tell you that all is well. Against the clamour for Vice President Goodluck Jonathan to be sworn- in […]