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The sustainable food security trap

The sustainable food security trap

By Dele Sobowale One of the paradoxes of economics is threatening to create a food crisis later during the year. Last year January, escalating food prices dragged headline inflation towards 35 per cent. A 50 kilogram bag of rice was going for N80- 100,000 – depending on location. Governor Bago of Niger State was contemplating placing embargo […]

FG hails bold step of Mo’Afrique’s unveiling of garment factory

FG hails bold step of Mo’Afrique’s unveiling of garment factory

.brighter future for Nigerian garment, clothing industry – Olawale .says Nigeria spends $6b annually on imported clothing By Gabriel Ewepu ABUJA – THE Federal Government, yesterday, hailed the bold step by one of Africa’s leading garment companies, Mo’Afrique’s commissioning of state-of-art garment factory in Abuja. Speaking with journalists, the Minister of Industry, Trade and Investment, […]

UBA assets hit N33trn, sustain growth momentum into Q1’26

UBA assets hit N33trn, sustain growth momentum into Q1’26

By Babajide Komolafe United Bank for Africa Plc (UBA) has sustained its growth trajectory, with total assets crossing the N33 trillion mark and maintaining momentum into the first quarter of 2026, following strong growth in earnings in Full Year 2025 and Q1’26. The bank’s unaudited results for the first quarter ended March 31, 2026, showed that total […]

Banking, Industrial Goods drive stock market as investors gain N5.5trn 

Banking, Industrial Goods drive stock market as investors gain N5.5trn 

Peter Egwuatu  The stock market extended its bullish run for the fourth consecutive week, supported by sustained investor interest in Banking and Industrial Goods stocks. Trading last week o the Nigerian Exchange Limited, NGX showed that market participants digested the first wave of the first quarter, Q1’26  earnings reports across the Consumer Goods, Cement, and Hospitality […]