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The Nigerian Biosafety Management Agency (NBMA) has approved the commercial release of genetically modified, pest-resistant cowpea to farmers in the country. This followed more than two decades of research, field trials, and risk assessment by multiple organizations. This places the country on the path to becoming the first country ever to cultivate biotech cowpea. This development […]

By Franklin Ocheneyi Sona Group of Industries has requested the Nigerian government to ban the importation of sorghum, barley and biscuits into the country. The group said that unless the government takes this bold step the local industries will be endangered due to unhealthy competition. Mr.Ajai Musaddi the Group Managing Director of the group, made […]

By Franklin Ocheneyi I believe in the next five to ten years, our industrial landscape will change as many manufacturers will no longer import raw materials but get their raw materials locally. What is the level of compliance to Executive Order on the patronage of locally made goods? We have submitted implementation plans to the […]

By Gilbert Ekugbe The Bank of Industry, BOI, has challenged women entrepreneurs in the country to take advantages of its funding windows to improve their businesses and create more employment. The General Manager, BOI, Joseph Babatunde made the call during the bank’s gender business group customers’ forum held in Lagos. He noted that there are […]

By Gibert Ekugbe The Development Bank of Nigeria (DBN) has adopted the KFW Development Bank of Germany’s model of financing the Small and Medium enterprises sector, SMEs. The Managing Director, DBN, Mr. Tony Okpanachi, disclosed this when he received a delegation of the KFW Development Bank of Germany, in Abuja. Okpanachi said that his team […]

By Gilbert Ekugbe Standards Organisation of Nigeria, SON, says it has ‎slashed the cost of testing and certification of Liquefied Petroleum Gas (LPG) manufacturing plants and outlets by 50 percent. This followed the inauguration of an Ad-hoc committee by the Standards body, comprising of SON officials and stakeholders in the oil and gas industry to […]