Kuteyi, Spectra CEO, seeks government partnership to train SMEs in food processing
BY ONOME AMUGE Durodola Kuteyi, the managing director and chief executive officer of Spectra Industries Limited, an indigenous food
FCMB, Mastercard to support 100,000 MSMEs
BY ONOME AMUGE First City Monument Bank (FCMB) and Mastercard Foundation have joined forces to provide subsidised loans to 100,000
Rising dollar drags gold to 4th consecutive weekly loss
BY ONOME AMUGE Gold prices continued to trade in the red, registering the fourth straight weekly decline amid a spike in the U.S.
Copper slips to multi-month lows as economic slowdown hurts demand
BY ONOME AMUGE Copper wallowed in negative territory despite seeing little gains at the closing session of the week, following a more
Sugar heads lower amid lowered output in Brazil
BY ONOME AMUGE Raw sugar futures plunged at the closing session of the Intercontinental Exchange (ICE), pressured by a rising dollar,
Iron ore in biggest weekly fall on China’s lingering Covid restriction
BY ONOME AMUGE Iron ore stumbled to its biggest weekly decline since mid-February as China’s lingering Covid restrictions amid reports
Nigeria tech enthusiasts can exploit $150bn drone market
BY ONOME AMUGE The global market of Unmanned Aerial Vehicle (UAV), commonly known as drones, has continued to experience exponential
FAO says 40m Nigerians engage in fuelwood collection, charcoal production
BY ONOME AMUGE A large number of livelihoods in sub-Saharan African countries are sustained by the fuelwood and charcoal economies, a
21 Nigerian firms make FT 2022 Africa’s fastest growing ranking
BY ONOME AMUGE Twenty-one companies based in Nigeria, Africa’s largest economy by gross domestic product (GDP) and its most populous,
EU-Nigeria trade volume hits €28.7bn in 2021, says envoy
BY ONOME AMUGE The trade volume between Nigeria and the European Union (EU) rose above 25 percent year-on-year to reach €28.7 billion