A.R.N. Foods
25 Feb
A.R.N Foods Limited, a leading agricultural commodities trading firm in Nigeria, has announced the successful completion of its Series 1 Commercial Paper (CP) Issuance, raising ₦3.86 billion under its ₦5.00 billion Programme. In a statement made available on Tuesday, the company said the issuance surpassed the initially planned ₦3.5 billion due to strong investors’ demand.…
30 Jan
A.R.N. Foods Limited, Nigeria’s fastest-growing agricultural commodities trading firm, continues to demonstrate its commitment to food security and consumer satisfaction amidst the country’s economic challenges. With Nigeria’s inflation rate rising to 34.80 percent in December 2024 and food prices nearing 40%, the company is stepping up its efforts to provide high-quality products and maintain high…
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The third Federal Executive Council (FEC) meeting for the year on Monday approved N733 billion to facilitate various road projects aimed at upgrading the country’s road networks and bridges. Minister of Works, David Umahi, disclosed this while briefing newsmen about the projects approved as part of the government’s strategy to enhance connectivity and economic growth…
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The Speaker of the Economic Community of West African States’ Parliament (ECOWAS Parliament), Memounatou Ibrahim, has reaffirmed the bloc’s commitment to economic integration among member states. She spoke on Monday at the opening of the first Extraordinary Session and seminar of the Parliament for the year 2025 in Lagos State. With the theme, ‘ECOWAS @…
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The Federal Government has set aside N500 million to empower women interested in leather goods and footwear manufacturing. The Minister of Women Affairs, Hajia Imaan Sulaiman-Ibrahim, who spoke on Monday, said the decision was part of deliberations at the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu. Giving clarity to the policy,…
7 mins ago
The Federal High Court in Abuja on Monday, adjourned the suit filed by the Federal Inland Revenue Services (FIRS) against Binance Holdings Ltd, demanding 79.5 billion US dollars over economic losses allegedly caused by its operations in Nigeria, until April 7. The matter, which was on number 9 on the cause list, could not proceed…
12 mins ago
A Kogi State High Court sitting in Lokoja has granted the request by Muhammad Gambo, the second runner-up in the Kogi State congress of the Peoples Democratic Party (PDP) held on August 31, 2024, to be joined in the suit. The court has equally accepted a notice of appeal filed by Gambo in the suit…
17 mins ago
Kano State House of Assembly has constituted a seven-man committee to investigate the recent demolition of over 500 shops at Rano market in Rano Local Government Area. The decision followed a motion of Urgent Public Importance raised by the member representing Rano Constituency, Ibrahim Muhammad (NNPP-Rano) who expressed concerns over the demolition’s impact on local…
19 mins ago
Operatives of the Imo State Police Command, led by the Commissioner of Police, Aboki Danjuma, on Monday stormed an area in Irete, Owerri West Local Council, suspected to be the den of bandits where they keep their victims. Four suspected kidnappers were promptly arrested. In a statement issued at about 7 p.m. by the command's…
27 mins ago
Mr. Oluyemisi Adeaga, President of the Nigerian Red Cross Society, has emphasised the urgent need for Nigeria to explore local funding sources for humanitarian aid, Adeaga made this statement in Abuja during the official induction of Olori Temitope Enitan-Ogunwusi, wife of the Ooni of Ife, as a brand ambassador for the Nigerian Red Cross Society.…
29 mins ago
The Human Rights Writers Association of Nigeria (HURIWA) has strongly criticised the Supreme Court's recent judgment on the Rivers State political crisis, describing it as a "miscarriage of justice" and a clear contradiction of established legal precedents. In a statement issued by Comrade Emmanuel Onwubiko, National Coordinator of HURIWA, the association expressed dismay over…
34 mins ago
Youths of Ugu Ward in Orhionmwon Local Government Area of Edo State on Monday lampooned the Minister of Regional Development, Abubakar Momoh, for allegedly commissioning a non-existent road project purportedly constructed in their community. Expressing their grievances through a protest march to the Nigeria Union of Journalists (NUJ) Edo State secretariat, a group under the…