Tuesday, September 11, 2018

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    Challenges of the premium bread brand in Nigeria

Challenges of the premium bread brand in Nigeria

BY JEREMIAH AGADAAs many sectors and industries within the Nigerian economy are slowly picking up pace after a turbulent era of recession, the bread sector, specifically the premium bread subsector has remained comatose. This baffling reality has continued to baffled economists and stakeholders who feel the reverse should have been the case considering that the bread industry is very active [...]

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    ‘We’ll be part of your success story’ — Osinbajo hosts Nigerian winners of Silicon Valley contest

‘We’ll be part of your success story’ — Osinbajo hosts Nigerian winners of Silicon Valley contest

Vice President Yemi Osinbajo says the federal government will support the “FD-Detector,” a mobile application (app) developed by five Nigerian girls.In August, the five girls from Anambra state clinched the number one spot at the World Technovation Challenge in Silicon Valley, San Francisco, US, for their work on the app.The app was designed to tackle the challenge of fake pharmaceutical [...]

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    VIDEO: Protesters storm Nigeria’s high commission in London for Leah Sharibu

VIDEO: Protesters storm Nigeria’s high commission in London for Leah Sharibu

Some protesters recently stormed Nigeria’s high commission in London to demand that government speed up its effort to rescue Leah Sharibu, the only Christian among 119 students abducted from Government Girls Secondary School Dapchi, Yobe state, in February.All the girls who were captured were released after a month, except five who reportedly died in detention, but Sharibu was held back [...]

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    TRENDING VIDEO: Nigeria will export marijuana if I become president, says Sowore

TRENDING VIDEO: Nigeria will export marijuana if I become president, says Sowore

Omoyele Sowore, publisher of Sahara Reporters, says Nigeria will export marijuana if he gets elected as president of the country.The presidential aspirant for the 2019 election said this while speaking at an event organised by Centre for Social Justice on Wednesday.He said people are making billions from the plant while Nigeria is lagging behind."We have to start taking care of [...]

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    God told me to do comedy, says Yvonne Orji, Nigerian-born star of ‘Insecure’

God told me to do comedy, says Yvonne Orji, Nigerian-born star of ‘Insecure’

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    Kunle’s Kembe to hit the runway at African Fashion Week Nigeria

Kunle’s Kembe to hit the runway at African Fashion Week Nigeria

Kunle Afolayan, ‘October 1’ director, will showcase a collection from his Kunle’s Kembe line at the Africa Fashion Week Nigeria (AFWN). [...]

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    Nigeria qualify for 2019 ITTF Team World Cup

Nigeria qualify for 2019 ITTF Team World Cup

Nigeria on Wednesday secured their place in the 2019 World Team Cup championship in Japan.The Nigerian team beat Egypt 3-1 to emerge as men's team event winner at the ITTF African Championships in Mauritius.The trio of Segun Toriola, Aruna Quadri and Bode Abiodun fought well to record a convincing win against the Egyptians.But it was not same story for the [...]

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    US-based Nigerian parents arrested after son dies during fasting

US-based Nigerian parents arrested after son dies during fasting

Kehinde Omosebi and Titilayo, his wife, have been arrested by the Reedsburg police department in Wisconsin, US, following the death of their 15-year old son.Ayanfe, their teenage son, was found dead in the family house and another child, an 11-year old was hospitalised following what the father described as a week-long religious fast.According to Wisconsin State Journal, the 49-year old [...]

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    This is how NOT to choose Nigeria’s next president

This is how NOT to choose Nigeria’s next president

The race to 2019 began in 2015, but the last lap of this marathon started in 2018, with the scheming and plotting getting thicker and thicker by every passing day. Everyone wants to be president!Muhammadu Buhari, Bukola Saraki, Atiku Abubakar, Jonah Jang, Rabiu Kwankwanso, David Mark, Aminu Tambuwal, Donald Duke, Remi Sonaiya, Kingsley Moghalu, Omoyele Sowore, Fela Durotoye... by now, [...]

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    How poor power supply is hindering growth of Nigerian SMEs

How poor power supply is hindering growth of Nigerian SMEs

BY JONATHAN EMMANUELAccess to power expands the number and variety of business and job opportunities available. Electricity means that small businesses, such as barbers hairdressing salons, laundromats, welders etc, rely on energy to function. Energy also leads to the creation of new markets, businesses and job openings, which provide more opportunities for individuals to earn an income and lift them, [...]

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    Nigeria’s future billionaires will be technology innovators, says Osinbajo

Nigeria’s future billionaires will be technology innovators, says Osinbajo

Vice-President Yemi Osinbajo says future billionaires from Nigeria will be those with knowledge in technology, computer and technical skills.Osinbajo said this on Tuesday at the northern regional finals of Student Innovation Challenge (SIC) held at Bayero University, Kano (BUK).SIC is an initiative of the federal government in collaboration with the private sector. It offers a platform for identifying and supporting [...]

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    Nigerian-born photographer, Olaleye, makes Portrait Of Britain shortlist

Nigerian-born photographer, Olaleye, makes Portrait Of Britain shortlist

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    Buratai: Boko Haram no longer in control of any territory in Nigeria

Buratai: Boko Haram no longer in control of any territory in Nigeria

Tukur Buratai, chief of army staff, says the Boko Haram sect is no longer in control of any territory in the country.He said this on Tuesday during the graduation of 55 soldiers from Advance Water Markship Training in Jaji, Kaduna state.He said the insurgents have suffered high degradation since 2015 till date.He added that the 55 soldiers would be included [...]

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    Buhari: Under me, Nigeria has benefitted projects worth over $5bn from China

Buhari: Under me, Nigeria has benefitted projects worth over $5bn from China

Nigeria's partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of projects valued at over $5 billion in the last three years of the current administration.President Muhammadu Buhari disclosed this on Tuesday in Beijing, capital of China, at the FOCAC round table meeting, attended by African leaders and Chinese President Xi Jinping.The president said [...]

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    Nigeria demands $2bn ‘tax arrears’ from under-pressure MTN

Nigeria demands $2bn ‘tax arrears’ from under-pressure MTN

Abubakar Malami, attorney-general of the federation, has written to MTN Nigeria  demanding a payment of $2 billion in tax arrears, TheCable understands.The arrears cover import duties, VAT and withholding taxes on foreign imports/payments, according to the AGF.This is coming barely a week after the Central Bank of Nigeria (CBN) demanded a refund of $8.1 billion it sold to the telecoms [...]

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    Nigeria’s oil output at risk as ex-workers continue blockade of Mobil’s Qua Iboe terminal

Nigeria’s oil output at risk as ex-workers continue blockade of Mobil’s Qua Iboe terminal

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Exchange Rates

September 10, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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