CBN Policies Are Capable Of Destroying Government Efforts – Erisco Foods CEO

President/Chief Executive Officer of Erisco Foods Limited, Chief Eric Umeofia has commended the federal government over the recent policy, which placed a ban on the importation of Tomato pastes into the country, which he said has helped in improving local production sales by as much as 20 per cent. Speaking at a media parley in Lagos on Wednesday (October 4, 2017), Umeofia said if such policies are sustained over the years then the hope of industrialising Nigeria in line with determination to patronise Nigeria made products would be feasible. According…

Read More

Heritage Bank Restates Commitment To Deepen Agro-Business Funding

Heritage Bank Plc has reiterated its commitment to further deepen the drive to support agribusiness value chain in order to fast track food security and sufficiency in the country. Mr Ifie Sekibo, Managing Director/CEO who made this declaration, stated that in a bid to support food sufficiency, Heritage Bank would not relent in boosting the agric base of the nation and; making farming profitable to stakeholders and attractive to the youth. According to him, the bank would support the drive for cash crop commodities that would boost Nigeria’s foreign exchange…

Read More

Sad Day In London As 24-Story Apartment Building Is Consumed By Early Morning Inferno

It was not expected. People were asleep in the middle of the night early Wednesday (June 14, 2017) when a 24-story apartment building fully occupied with tenants was gutted by fire. Report from BBC has it (as at press time) that thirty people are in hospital and there are fears that more may be unaccounted for after a huge fire raged through the night at a west London tower block. It was so sad a situation with reported high fatalities where over 50 people were rushed to different neighbourhood hospitals…

Read More

Kogi State Isolates Casava Farm Over Killer Specie

The Kogi State Government has isolated cassava farms in Adavi Local Government Area for thorough examination to ascertain the origin of the killer cassava variety, which recently killed some livestock in the area. Mr James Ogunmola, Managing Director, Kogi State Agricultural Development Project (ADP), made this known at a stakeholders meeting in Lokoja on Friday. Ogunmola said that samples of the cassava variety had been taken to National Root Crops Research Institute (NRCRI), Umudike, Abia State, for laboratory analysis. He said that state government took proactive steps to stop further…

Read More

CBN Supports Investments In Agriculture

Sugarcain

The Governor, Central Bank Nigeria, Mr. Godwin Emefiele, recently restated the commitment of the apex bank towards leveraging agriculture as a pivot for the diversification of the economy. Mr. Emefiele’s statement came at the recent ground breaking at Garin Ciroma, Gagarawa Local Government, Jigawa State. CBN has been in the forefront of the campaign of the present administration to turn the attention of Nigerians to Agriculture. According to him, it was in this regard that the bank supported Jigawa State government and a Chinese company, Lee Group to establish a…

Read More

Six Reasons Snails Is Latest Health Superfood

Snails

Thanks to protein, iron and Omega-3, Snails are being touted as the new superfood. After all, sixty million Frenchmen cannot be wrong…If it is good enough for the French, it is good enough for us. A theory, which worked with croissants, fries and garlic, and now, it seems, snails, which are busy crawling their way onto a plate near you. But if you are one of the many diners who baulk at the idea of downing a plate of garden pests, think again. For snails have come out of their…

Read More