Category: Agric & Commodity News

CBN Restates Commitment to Economic Diversification

The Governor, Central Bank Nigeria, Godwin Emefiele, has restated the commitment of the Bank towards leveraging agriculture as a pivot for the diversification of the economy.   Emefiele stated this at the ground breaking ceremony of white refined sugar factory for Great Northern Agribusiness Limited on Sunday, 3oth April, 2017 at Garin Ciroma, Gagarawa Local…

Dangote Enters Agreement with Nasarawa on Sugar refinery

Advertisement The Nigeria’s planned of becoming self-sufficient in sugar production is coming to fruition, with the signing of a Memorandum of Understanding (MoU), between Dangote Sugar Group, and the Nasarawa state Government The signing ceremony of the deed of acquisition, lease and development agreement, took place at the National Sugar Development Council, Sugar House, Abuja,…

Livestock Feeds Rakes 658.08 percent Net Profit; value N17,648 m from N2,328m in 90 days 2017

… Issuing rights issue of 1000 000 000 units ordinary shares of 50kobo each at N0.75 per share Advertsiement The management of Livestock plc has released unaudited financial statements ended march31, 2017 which showed Profit after tax of N17, 648million in 2017 compare with N2, 328million in 2016, accounts N15320million representing 658.08 percent. The Board…

Speaker Dogara urges Nigerians to invest in agriculture

Speaker of the House of Representatives, Hon Yakubu Dogara, has urged entrepreneurs in Nigeria to invest resources in mechanised farming in Nigeria. Dogara explained that mechanised farming will generate revenue for the country and bring the needed foreign exchange to move the economy forward. Speaking when he visited Integrated Dairies Limited in Vom, Plateau State,…