Determined to increase cotton production and revive textile industry in the country, Ogun State has commenced cultivation of cotton on 4,500 hectares of land and entered into a partnership with the Central Bank of Nigeria (CBN) and Prime Anchor. In a statement by the Chief Press Secretary to the Ogun State governor, Kunle Somorin, on…
Day: June 8, 2021
Nigerian Navy Launches New Warship
The Nigerian Navy (NN) has today launched a new Landing Ship Tank (LST) at Damen Shipyard, Sharjah, United Arab Emirates. The construction of the ship began about 2 years ago and when commissioned, will replace the first set of LSTs of the NN, NNS AMBE and NNS OFIOM which have been decommissioned. The introduction of…
Ogun To Revoke Title Hold On Abandoned Lands
The Ogun State Government says it will revoke title hold on all abandoned land spaces used as illegal dumpsites across the State for security reasons. In a statement signed by the Special Adviser to the Governor on Environment and Chief Executive Officer of the Ogun State Waste Management Authority, OGWAMA, Mr Ola Oresanya, the state…
UBA, DEG Sign $50m Term Loan to Support Small Businesses in Nigeria
Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility with a tenor…
Lagos Screens Intending Christian Pilgrims To Jordan
The Lagos State Christian Pilgrims Welfare Board (LSCPWB) has held the second phase of its statutory administrative and medical screening programme for intending pilgrims to the Kingdom of Jordan. Addressing the intending pilgrims at the Chapel of Christ, Alausa, Ikeja, on Monday, the Permanent Secretary, Ministry of Home Affairs, Mrs. Adebunmi Elizabeth Adekanye stated that…
SMW Fashion Beats Record, Hit Massive Sales in First Month
The management of SMW Fashion has announced that the fashion label has received over twenty-five thousand (25,000) orders of its various merchandises in its first month of business commencement in Nigeria. According to the Chief Executive Officer of the brand, Mr. Philip Ikezahu, he said the requests for their products have been overwhelming and it’s…