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...

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 and 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...

Lenovo Q1’16 revenue declines to $10.1bn on FX impacts


Lenovo Group has released its results for the first fiscal quarter (Q1) ended June 30, 2016 with revenue at $10.1 billion, representing 6 percent decrease year-over-year (yoy). More...


Investors dump shares of Nigerian banks after FX trade suspension

Investors sold shares in Nigerian banks on Wednesday, a day after the central bank suspended nine lenders from foreign exchange transactions for failing to remit money owed to More...

Zimbabwe abolishes 8,000 jobs in agriculture ministry to cut wages

Zimbabwe’s government plans to abolish about half the jobs in the agriculture department, a government official said on Wednesday, as President Robert Mugabe’s administration 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,...

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 More...

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..

GTBank Plc: Increased other income drives earnings growth amid regulatory headwinds

Success they say is the precious truth. That is the story of Guaranty Trust Bank Plc (GTBank), the largest lender by..

Enugu ready for business – First cargo plane lands

Ethiopian Airline

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

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..

Clearing cargo on flexible exchange rate renders Form M invalid- says Nicole Jonathan

Nicole Jonathan is the president of Shippers Association of Lagos State. In this interview, he highlighted the impact of the current..

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,..