The World   Food summit of 1996 defined food security as existing “When all people at all times have access to sufficient, safe, nutritious food to maintain a healthy and active life”. Commonly, the concept of food security...

A Federal permanent secretary, two directors and three other officials have been remanded in prison custody after they were charged yesterday with criminal breach of trust in respect of N32.8 billion pension funds between 2009 and 2011....

Risk Management Division, Bank of Industry, Mr. Kola Adewole has disclosed that over 99% of the N 200 billion intervention fund set aside for manufacturers in the country had been disbursed. The CBN set aside the money...

The Africa Finance Corporation, Nigeria’s leading development financial institution, has invested the sum of $50 Million in Athi River Mining (ARM). ARM is the second largest cement manufacturer in Kenya by way of production quantity. The company...

Stanbic IBTC released its audited results today reporting a 21% drop in profits and a 10 kobo dividend. This is definitely not what its shareholders had in mind, however 2011 was all in all, a difficult economic...

The Ondo State Government has indicated that it is committed to building a 50 Megawatt power plant in Ore town in order to boost the industrialization of the state as well as to add to the National...

The Nigeria Police and the Federal Road Safety Corps proceeded on a war path on Wednesday over the legality or otherwise of the production of the new number plates and driver’s licence. At the second day of...

New vehicle imports into Nigeria in January and February rose marginally compared to the same period last year, as dealers stuck with old inventory held back from placing new orders, CAR dealers said on Wednesday. Vehicle sales...

The Federal Executive Council has awarded a N 1.327 billion two-year contract for the implementation of a system called e-Wallet meant for farmers in the country. The e-Wallet system is a more efficient way of getting agricultural...

The Senate has condemned the exorbitant and arbitrary charges British air carriers place on Nigerian passengers who purchase premium airline tickets for travel to and from London. First class return tickets cost as much as N 1.6...