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Tag: Dailytrust
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How Okada riders changed rice farming in Lagos, Ogun
Categories: AgricultureContinue Reading: How Okada riders changed rice farming in Lagos, OgunRice farming in Magboro along the Lagos- Ibadan expressway in Ifo Local Government Area of Ogun State is now attracting people of various classes and business backgrounds, thereby boosting economic…
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50% IGR cut: Keyamo intervenes as aviation unions threaten protest
Categories: BusinessContinue Reading: 50% IGR cut: Keyamo intervenes as aviation unions threaten protestThe Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has intervened as the unions in the industry have declared a peaceful protest on Wednesday next week to demand an…
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Why FG’s dollar bond was oversubscribed by $400m – Experts
Categories: BusinessContinue Reading: Why FG’s dollar bond was oversubscribed by $400m – ExpertsExperts yesterday attributed the oversubscription recorded in the first dollar-denominated domestic bond to the attractive yields of the $500m bond just as they called for judicious utilisation of the proceeds…
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Maize price drops in Saminaka grain market
Categories: AgricultureContinue Reading: Maize price drops in Saminaka grain marketThe price of maize has dropped significantly at Saminaka grain market, in Kaduna State. Before now, a 100kg bag of maize cost N85,000 to N90,000 the market, but the price…
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POS operators lament electronic levy, may hike charges
Categories: BusinessContinue Reading: POS operators lament electronic levy, may hike chargesOperators of Point of Sale (POS) have criticised the implementation of the Electronic Money Transfer Levy (EMTL) on their transactions, saying it has affected their profit margin from the current…
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We can’t stabilise naira if smuggling continues – NSA
Categories: BusinessContinue Reading: We can’t stabilise naira if smuggling continues – NSAAs customs seize 500,000 litres of smuggled fuel worth N475m The National Security Adviser (NSA) Mal. Nuhu Ribadu has decried the rising trend of smuggling of petroleum products outside…
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FG imposes electronic levy on Opay, Moniepoint users, others
Categories: BusinessContinue Reading: FG imposes electronic levy on Opay, Moniepoint users, othersCustomers of financial technology (fintech) companies including Opay, Moniepoint and Kuda are grumbling over the implementation of the Electronic Money Transfer Levy (EMTL) on their transactions. The implementation which takes…
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FG imposes N50 transfer levy on transactions above N10,000 on Opay
Categories: BusinessContinue Reading: FG imposes N50 transfer levy on transactions above N10,000 on OpayThe federal government has imposed a one-time fee of N50 on electronic transfers exceeding N10,000 to personal and business accounts on Opay. In a notice to its customers on Saturday,…
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CBN sells $20,000 to BDCs at new rate as naira falls
Categories: BusinessContinue Reading: CBN sells $20,000 to BDCs at new rate as naira fallsThe Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureau De Change (BDCs) at the rate of N1,580 to a dollar. This is according…
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How sesame, melon farmers made fortunes in Taraba
Categories: AgricultureContinue Reading: How sesame, melon farmers made fortunes in TarabaSesame and melon farmers in Taraba State witnessed bumper harvest despite disruption in rainfall, which affected the growth of many crops. These two cash crops, it was learnt, were not…
