In a bid to reduce foreign exchange spending on food importation through enhanced funding for agriculture, the Central Bank of Nigeria (CBN) has approved funding for additional rice mills in the country. Meanwhile the Minister of Agriculture, Chief Audu Ogbeh has said that the federal government may soon stop importation of rice into the country given the increased rice production across the country facilitated by the CBN backed Anchor Borrowers’ Programme (ABP).

SIMBA Group has embarked on capacity building for women tricycle drivers in Ibadan, Oyo state.

TROPICAL Wood Exporters Association of Nigerian (TWEAN) in partnership with thirteen state governments has commenced moves to regenerate the nation’s forests.

THE Organised Private Sector (OPS) has said creation of enabling environment for businesses to thrive remains the only solution to recession in Nigeria.

A RECESSION is when the economy declines significantly for at least six months. That means there’s a drop in the following five economic indicators: real GDP, Income, Employment, Manufacturing, and retail sales. People often say a recession is when the GDP growth rate is negative for two consecutive quarters or more.

THE Central Bank of Nigeria, CBN, in collaboration with Nigeria Education Research and Development Council, NERDC has concluded plans to introduce financial education into basic and senior secondary education curricula in Nigeria.

FMDQ OTC Securities Exchange Plc has announced its readiness to commence listing of Short-Term Bonds , STBs, in the Nigerian fixed income market following regulatory approval from the Securities and Exchange Commission, SEC.

Heavy losses recorded by two consumers goods companies – Cadbury Nigeria Plc and GlaxoSmithKline, GSK Plc – last week resulted in N91 billion decline in investors’ wealth on the Nigerian Stock Exchange, NSE.

AGAINST the backdrop of the huge housing deficit Nigeria is faced with, a Lagos-based real estate development company, Sage Homes, has flagged off a housing project known as The Palms Resort & Residences, a luxurious, resort-cum- residential upmarket development located in the Lekki Free Trade Zone area of Lagos State.

The management of Lekki Gardens Estate Limited, one of Nigeria’s foremost real estate firms, has assured its teeming clients and stakeholders that their investment is safe and appreciating in value in spite of the current economic downturn, just as the firm has disclosed that it has repositioned to ensure timely delivery of quality and affordable housing in the country.

Parc du Cap, a prestigious project on the French Riviera by the Caudwell Collection, will be unveiled to potential investors in Lagos this Wednesday at The Wheatbaker Hotel, Victoria Island.

FBN Insurance Limited and FBN General Insurance Limited have highlighted some array of products to meet the diverse insurance needs of the general public.

Federal Government has commenced the pilot phase of the National Housing Programme (NHP) with the sum of N35 billion, as part of efforts to boost the supply of affordable housing units across the country.

Mutual benefits Assurance Plc is strategically focusing on developing innovative customer-centric products, increasing market share and concentration on core insurance business.