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Lagos fresh food agro-hub generates N2.495 billion in first year Nexovant
The Lagos State Government has reported that the Mushin Fresh Food Agro-Hub generated N2.495 billion in transactions during its first year of operation, facilitated by 348 vendors. Ms. Abisola Olusanya, the State Commissioner for Agriculture and Food System, shared the figure in a statement issued to the News Agency of Nigeria (NAN) on Thursday. The […]
Jeff Bezos’s ex wife, MacKenzie Scott spends $2 billion on philanthropy in 2024 Nexovant
Billionaire philanthropist MacKenzie Scott announced on Wednesday that she has donated another $2 billion in 2024, bringing her total giving since 2019 to $19.2 billion. In a post on her “Yield Giving” website, Scott shared insights into her approach, revealing a shift toward investing in “mission-aligned ventures” to address systemic challenges like economic insecurity and […]
Taiwan’s Foxconn in talks with Renault over Nissan stake: report Nexovant
Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker Nissan, a report said Thursday, after the Japanese firm rebuffed its inquiries about an investment. The development comes after reports on Wednesday that Nissan and local rival Honda were in talks about a merger to help them […]
CBN’s N100,000 daily withdrawal limit sparks outcry from POS operators across Nigeria Nexovant
The Central Bank of Nigeria (CBN) has recently implemented a directive imposing a daily withdrawal limit of N100,000 for individuals, a policy aimed at fostering a cashless economy and curbing illicit financial activities. However, the directive has sparked a wave of reactions from Point-of-Sale (POS) operators across the country, many of whom see the policy […]
Dangote and PH refineries produce, but fuel imports still dominate Nexovant
Oil marketers have continued to import petrol into the country despite earlier agreement to patronise local refineries Documents obtained from the Nigerian Ports Authority revealed that petrol importation by marketers has persisted The data collected showed that imported petrol was docked at the Apapa Port, Tin Can Port and the Calabar Port Legit.ng journalist Victor […]
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