Singaporean firm to invest $100 mn in A/Ibom agric projects

A Singaporean firm has entered into an agreement with the Akwa Ibom State government  for the establishment of a rice farm  and a More...


Nigeria’s diversification hinges on agro credit, high capacity machinery

If Nigeria is to diversify its economy away from oil in the face of dwindling oil revenue occasioned by the continuous fall in the More...


How to establish a Garri processing factory

The importance of food to human beings need not be over flogged.  Food is to human being as fuel is to engines.  No human being More...


Nigeria must revive palm oil, tomato to aid diversification, FX

Nigeria will need to revive agricultural commodities of comparative advantage to steer diversification and bring in foreign exchange. More...

Tobacco Farmers

Ogun approves N5bn CBN loan for farmers

 Active farmers and players in Agriculture and Agribusiness in Ogun state are on the verge of securing credit facilities to bolster More...


Vegefresh chairman says green alternative to spur bank lending to agric sector

Vegefresh Company Limited, an indigenous group of companies with varying interests along the entire agricultural network and allied More...


Green alternative to spur lending to agric sector 15% in 4 years

If properly implemented, the Green Alternative Agriculture Promotion Policy will spur total bank lending to the agriculture sector More...


Farmers canvass innovation, capacity as rice, wheat production rises

Nigerian farmers want increased innovation and capacity building in the face of rising productivity in wheat and rice production attributed More...

LIRS seals Protea Hotel over failure to remit N11m tax proceeds

Protea Hotel-Kuramo Waters

The Lagos State Internal Revenue Service (LIRS) has sealed Protea Hotel, close to Kuramo Waters, over alleged failure to remit N11.07 million personal income taxes deducted from More...

Glencore steps up debt reduction plan


Mining company Glencore has set a new target to cut net debt to between $16.5bn and $17.5bn (£12.5bn-£13.5bn) this year. In March, the aim was to cut debt to between $17bn More...

First Bank appoints new CFO


The management of First Bank of Nigeria Limited has approved the appointment of Patrick Iyamabo as the Chief Financial Officer (CFO) subject to the approval of the Central Bank More...


Vandalism: NNPC, NSCDC pledge grater cooperation

The Nigerian National Petroleum Corporation (NNPC), and the Nigerian Security and Civil Defense Corps (NSCDC), have pledge to collaborate to halt activities of pipeline vandals More...

Nigeria’s first on-grid solar plant commissioned in Abuja

Babatunde Fashola, the minister of power, works and housing, on Monday commissioned Nigeria’s first ever on-grid solar powered project located at the Federal Capital Territory More...

FG sees media’s role critical in curbing militancy, insurgency


Federal Government says the role of the media is critical in the fight against militancy, insurgency and rising threat to More...

Jumia redefines Nigerians’ online shopping experience


Jumia, Nigeria’s no 1 online retailer is poised to consolidate on its achievements with innovative concepts that More...

agbaje_new Nigerian economy since 1999: Myths, lies and data

  The average oil price in 1999 when President Olusegun Obasanjo returned as Nigeria’s civilian president...

Emeka Osuji The nature of safety nets that work

Microfinance institutions around the world are familiar with the impact of disasters, both natural and man-made,...

Ogho-Okiti Are portfolio flows bad?

In a rather expository and detailed interview in the Guardian two days ago, the Vice President,...

NSE All-Share Index gains 0.25%

Nigerian-Stock-Exchange 2

Closing at 27,880.46, the All-Share Index increased by 0.25% against 27,607.68 the previous day. The market More...

NPF Microfinance Bank gets approval for 11 new branches

The Central Bank of Nigeria (CBN) has approved the request of the management of the NPF Microfinance Bank for establishment of..

NSE All-Share Index gains 0.01%

At the close of market today the NSE All-Share index stood at N27,810.28 on account of a 0.01% drop while market..

Investment driven economic model is the way out for Nigeria- Emir of Kano

Sanusi Lamido

Sanusi Muhammadu, Emir of Kano has charged the Federal Government to shift the nation`s economy from commodity More...

Enugu ready for business – First cargo plane lands

Tuesday marked the first landing of a cargo plane in Enugu. The Ethiopian Airline Boeing 757 cargo plane was greeted by Ifeanyi..

Economic downturn: Ports and Cargo diversifies into vehicle import service

Determined to cushion the effects of economic downturn currently eating deep into the revenue profile as well as the bottom-line of..

Samsung Galaxy Note7 outsells supply

Samsung Electronics has had to delay the launch of its new premium smartphone Galaxy Note7 in some markets with production unable..

The 10 richest countries in the world 2016

The following table ranks the top 10 countries in the world by “total individual wealth” held (as of June 2016). “Total..

SM Jury mentors entrepreneurs on innovative skills

Entrepreneurs from all walks of life recently gathered for the 3rd edition of the SM Jury, held at the ICTEL Expo,..