The Bureau of Public Enterprises, BPE, has clarified that bank guarantees submitted by preferred bidders on the companies they are buying would be returned to them upon the payment of 25 per cent of the purchase price.

THE Cabotage Vessel Financing Fund,CVFF, of the Nigerian Maritime Administration and Safety Agency, NIMASA, has hit a total of $169 million, equivalent of N25.4 billion, as at September 2012.

A strategic consideration in the transformation of the cocoa sector involving the use of improved genetic stocks (newly released CRINc1 – 8, WACRI 11 Hybrids & F3-Amazon) and phased replacement of old unproductive stocks with new high yielding stocks got a boost last week at Owena, near Akure in Ondo State.

First Academy foundation school in order to develop the First Bank workforce has said it would combine the tenets of corporate training with the intellectual discipline and rigour that underpin academic learning.

Food security in Africa will remain elusive with isolated successes, fuelling a sense of false optimism in an otherwise dismal situation unless decisive actions are taken to assist small-scale farmers to grow more and more valuable crops, according to the Director General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga.