Heifer International’s sponsored agritech storage solution, ColdHubs, has launched its solar-powered facility for smallholder farmers and sellers of perishable farm produce at the ABAT CBD Market in Ibeju-Lekki.
The agritech company made this know during the launch on Tuesday in Lagos which was witnessed by farmers, traders and government officials.
The Country Director of Heifer…
The clearing agent has challenged shipping company Grimaldi’s plan to charge 25,000 naira for issuing a personal identification number.
Agents say that the increase in commissions of companies for the exchange of PIN-codes will have a negative impact on importers.
PIN…
Dangote Industries Limited announced that it has signed a contract with China Sinoma International Engineering to build a 6 million tonne/year cement plant in Itori, Ogun State.
According to a statement from the company, the agreement was signed by Aliko Dangote, chairman of…
The stock market started the new month with a fourth straight gain as the market reached 142 billion naira on Wednesday at the bottom of the Nigerian stock exchange.
The Jeonju Index closed at 53,499.68 points, up 261.01 points and 0.49% from the previous trading day.
Thus, investors acquired a value of 142 billion naira as the market capitalization increased to 29 trillion.
The rally was fueled…
Nigerian state oil company Gas Marketing Limited opened a gas distribution office in Ikeja, Lagos on Monday.
Built by Tilt Energy Limited, the facility includes multiple offices, including conference rooms, reception areas, waiting rooms, and a truck loading station to…
According to KUDA, customers' money is safe in case of problems with the application.
February 1, 2023
Neo bank, Kuda, has allayed the fears of its customers who have been unable to access their money since Tuesday owing to glitches on its app.
The bank said the customers’ money was safe and it was working on fixing the issue with the app, adding that customers would be…
International Credit Ratings Agency Downgrades Credit Ratings of 9 Nigerian Banks.
February 1, 2023
An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks following its downward review of Nigeria’s rating last week.
The downgraded banks include: Access Bank Plc, Zenith Bank Plc, First Bank of Nigeria Limited, United Bank for Africa Plc, Guaranty Trust Bank Limited, Union Bank of Nigeria plc, Fidelity Bank Plc, First City Monument Bank Limited, and…
The National Cotton Association of Nigeria (NACOTAN) has called on NEXIM Bank to ensure cotton grower’s benefit from the bank’s financial intervention.
NACOTHAN made the call in a communiqué signed by the Chairman, Conference Organising Committee, Felix Egbamuno in…
The federal government has approved the registration of the Nigerian Transport Workers Union as a union based on an application.
This statement is contained in a letter provided to AATWN by the Federal Department of Labor and Employment, Department of Trade Union Services…
President Muhammadu Buhari approved the appointment of Mr. Olusegun Awolowo has been appointed Secretary of the African Continental Free Trade Association (AfCFTA) National Action Committee for a four-year term starting December 19, 2022. This endorsement has been granted to media and public relations, Femi Adesina.
As Secretary, Mr. Awolowo is expected to provide advice to the AfCFTA National…