NewsXtra

Go back to the farms, Aregbesola urges graduates

Share This: Senator Rauf Aregbesola of Osun have charged college graduates to dump their certificates and backtrack to farms, encouraging them to consider farming to be feasible contrasting option to clerical employment. The governor said the call was fundamental because of the danger of unemployment among Nigerian adolescents. Aregbesola gave the charge while conveying a discourse at the sixth Convocation Ceremony of Fountain University, Osogbo, including that the present monetary circumstance has indicated Nigerians the need to encourage agriculture as the main contrasting option to unrefined petroleum. He clarified that there was no part of life that could manage without agriculture, saying ...

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MTN Nigeria indicates interest in 2017 stock market listing

Share This: A new Reuters report says that MTN may soon list on the Nigerian Stock Exchange market in 2017. Speaking at a business conference, NSE CEO Oscar Onyema said the “pressure on MTN has never been higher to list,” adding the company was working with officials to confirm the details, the news outlet reported. At the moment, MTN is Nigeria’s largest telecoms operator, but faced numerous issues with the country’s authorities during the past two years, leading to revelations directors were discussing quitting the market if the “endless hostilities” it faced continued. The company voiced its interest to list its Nigerian business in June 2017, following an ...

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Nigeria: Stock exchange Investors Suffer N604bn Loss In 2016

Share This: Stock market analysts have uncovered that the instability around Forex trade (FX) accessibility and the nation’s financially related approaches combined with some intense financial plans in 2016 accumulated to bring about an enormous loss of N604 billion by speculators in the Nigeria’s capital market. The local experts likewise uncovered that the Nigerian stock market has suffered comparable misfortune in the most recent three years. It would be reviewed that the Nigerian stock exchange finished the year 2016 in a misfortune position, that left speculators with a consolidated loss of N604 billion. In outline, the All Share Index (ASI) ...

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How Nigeria can conquer economic recession – Kalu

Nigeria

Share This: Previous Abia State senator, Dr Orji Uzor Kalu, has prompted President Muhammad Buhari to lobby for assets, including funds from the International Monetary Fund(IMF) and infuse same into the economy to empower Nigeria to leave its current financial crisis. Such funds could be diverted into gigantic infrastructure infrastructural ventures. As he said, most Nigerians are artisans, who could get to be part players in the nation’s economy, if the Federal Government could give careful consideration to farming another non-oil areas. Once the artisans are dynamic, the economy will be dynamic.” he said. He stated that cash spent on ...

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New facts emerge about inflation in Nigeria

Share This: Increment in costs of meat, bread, fish, vegetable and different items has constrained Nigerian inflation rate at 18.55 percent, the National Bureau of Statistics, NBS, has said. The NBS Friday, said the Consumer Price Index, CPI, which is utilized to quantify swelling, expanded by 18.55 percent (year-on-year) in December 2016, 0.07 percent focuses higher from the rate recorded in November (18.48 percent). Figures from the report demonstrate that Composite Food Index ascended by 17.39 percent in December 2016. The ascent in the record was brought about by increments in costs of meat, bread and oats, oil and fats, angle, ...

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Nigeria: A baby factory found in Borno State

Share This: A baby factory where children were being sold was discovered in Borno State earlier this week. The Commissioner for Justice, Mr Kakashehu Lawal, stated this at a press conference in Maiduguri. He said that four women alongside the principal suspect were arrested for taking part in the baby factory crime. He said that the “trend is a notorious fact which occurred in Galadima area in the state capital.’’ “After the restoration of relative peace in state capital and its environs, a lot of anti-social activities started to emerge ranging from drug addiction, lawlessness and prostitution. “On Sept. 12, 2016, ...

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Confession: Nigerians are suffering – Buhari’s Administration

Nigerians

Share This: The Nigerian Government has expressed that numerous less favored Nigerians are starving. Minister of Agriculture and Rural Development, Chief Audu Ogbeh expressed at the re-introduction of an Inter-Ministerial Agriculture/Nutrition Working Group (IANWG) in Abuja. He said a great many people frequently devour sugars and less of protein, in this manner influencing their wellness, particularly under-five age group children. Ogbeh bemoaned that a few children less than five years old needed access to drain, meat, chicken and other fundamental proteins, which had brought about hindered development and different types of afflictions. The minister emphasised that Nigerians must eat appropriately and ...

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Heritage Bank a darling to Nigerian farmers and youths

Share This: Heritage Bank’s drives in the agric sector can now be viewed as expansion of the solid bolster it has given to MSMEs in particular as it focuses on key divisions crucial for national financial development like data correspondence innovation (ICT), inventive industry and obviously, farming. It was in acknowledgment of the bank’s reputation on this score that clearly effected its determination by the CBN as its pilot partner for the execution of the N3billion Youth Innovative Entrepreneurship Development Program (YIEDP). The programme is gone for making manageable riches and work in the nation with concentration on trustworthy employment ...

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‘No going back on strike’ NUPENG

Share This: …Commends FG’s arrangement to stop petroleum items import by 2018 The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says there is no doing a reversal on its arranged cautioning strike planned to begin on Wednesday. The South-West Zonal Chairman of the union, Alhaji Tokunbo Korodo, told the News Agency of Nigeria (NAN) in Lagos that NUPENG had assembled its individuals for the strike. He said that the union was resolved to progress with the arranged cautioning strike, which would start from January 11 to 13.”The cautioning strike see had been given since the National Executive Council (NEC) ...

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NYPF empowers 35 young vibrant entrepreneurs in Nigeria

Share This: The Nigerian Young Professionals Forum (NYPF) has enabled 35 entrepreneurs through the Young Entrepreneurs and Students Grant Scheme (YESGrant). Propelled in March 2016, YESGrant concentrated on the horticultural area, imaginative industry and the data and correspondence innovation (ICT) part. As indicated by NYPF, a great many individuals connected for the concede supported by Heritage Bank. Fortunate recipients were compensated at a service, which held at Four Points Hotel by Sheraton in Victoria Island, Lagos. Moses Siasia, executive of the discussion, said the possibility of the allow was conceived out of the need to help youthful Nigerians manufacture organizations ...

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