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Government

FEC Greenlights Major Agricultural Equipment Procurement to Address Nigeria’s Food Crisis

In a significant move to tackle Nigeria‘s escalating food security crisis, the Federal Executive Council (FEC) has approved a major procurement plan involving 2,000 tractors, 4,000 disc ploughs, and 1,200 tractor trailers. This decision is part of the National Agricultural Mechanization Programme (NAMP), aimed at enhancing the country’s agricultural productivity and mitigating the effects of […]

Business

Shoprite Announces Closure of Abuja Branch Amid Economic Challenges

In a decision reflecting the tough economic climate, Shoprite has confirmed the closure of its Abuja branch located in Novare Wuse Central Mall by June 30, 2024. The announcement, made by CEO Dr. Folakemi Fadahunsi, cites the store’s financial situation and the challenging business environment as reasons for this strategic move aimed at long-term growth. […]

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