Subsidy debt rises to N314bn as FG dithers


The total fuel subsidy debt owed by Nigeria to importers of petroleum products has swelled to N314 billion as President Muhammadu Buhari hesitates on its removal, oil and gas sources tell BusinessDay. “Not More...

by PATRICK ATUANYA | Published 4 hours ago

Green collar jobs – solution to youth unemployment

Desire for white collar (office) jobs and unwillingness to look elsewhere has left many young energetic well-educated Nigerians jobless More...


FG, FUNAAB empower women farmers on aquaculture, entrepreneurship

The Federal University of Agriculture, Abeokuta (FUNAAB) has partnered the Federal Ministry of Agriculture and Rural Development (FMARD) More...


Middle-belt communal instability thwarting robust agric output

Decades of long violent conflict in the middle belt region of the country, between farmers and herdsmen is thwarting the country’s More...

TREMEC Agricultural Drivetrain Products

Nigeria agric imports drops by N74 billion in Q2 2015

Nigeria’s agricultural imports declined by 11 percent from N738 billion imported in Q1 to N664 billion in Q2 2015, according to the More...


Lagos seeks partnership to grow agriculture

Governor of Lagos State Akinwunmi Ambode says the state is looking at partnership in agro business in what aims at increasing production More...


Investing in fish feeds (pellets) production

Fish feeds constitute more than 70percent of the input in fish farming.  It is therefore an important input.  Every effort must be More...


Youths, the untapped agric resources in Nigeria, say experts

To tap into the riches of the unfolding diversified economy through agriculture, experts in the agricultural sector have urged the More...


RMRDC partners Chinese firm on sorghum production

The Raw Materials Research and Development Council (RMRDC) on Tuesday said the Federal Government would partner a Chinese firm to grow More...

Warri refinery remains shut as crude deliveries continue


Nigeria’s Warri refinery has not yet reopened after last week’s temporary closure because crude oil is still being loaded into the plant, a spokesman for its operator More...

ArcelorMittal SA steel mills to close as industry crisis bites


Arcelormittal South Africa (SA) on Monday became the latest casualty of plunging steel prices and slowing demand, saying it would mothball two operations and review the viability More...

World’s top oil trader Vitol sees price stuck at $40-$60 to 2016


Oil prices will remain at $40 to $60 a barrel into 2016 as rising crude supplies overwhelm demand, according to the world’s largest independent oil trader. The oil-production More...


ICPC probes4 ex-governors

The Independent Corrupt Practices and other Offences Commission (ICPC) has commenced investigations of four former governors following petitions of corruption  against them. The More...

Reps begin probe of N700bn capital projects for 2015 on Thursday

Permanent secretaries of major federal ministries are expected to report at the National Assembly on Thursday, to defend the implementation of the N700.78 billion component of More...

NB consumers excited about new beer launch


Makurdi-Consumers in Benue State and its environs have applauded the newly re-launched More Lager Beer, brewed by Nigerian More...

Dominant brands risk losing market share on lack of new thinking, says Needscope CEO


As Nigeria’s $510 billion economy, the biggest in Africa with population of about 170 milllin continues to attract More...

steve_ayorinde Abobaku…and the northernisation of a federal republic

With his 100 days in office almost here, President Muhammadu Buhari is expectedly drawing critical appraisals...

agbaje_new Investing in Nigeria’s poor (2)

There is no conflict between economic reforms to improve investment climate and enhance business competitiveness, deregulate...

Mazi_Sam_Ohuabunwa Time to declare a state of emergency on our economy

I am troubled by the latest economic performance indices being reported for our country. The price...

CBN says Nigeria needs N9.6trn to bridge MSME funding


Central Bank of Nigeria’s (CBN) assistant director, Development Fund Department, Jonathan Tobin, said N9.6 More...

Expectations high as Heritage Bank concludes merger deals

Expectations are high as Heritage Bank leverages on the approvals of its acquisition of Enterprise Bank by both the Central Bank..

Naira gains N1.42k at interbank, slides at BDC, parallel markets

The naira on Tuesday gained N1.42k or 0.71 percent against the dollar at the interbank foreign exchange market as demand pressure..

Sovereign Wealth Funds can ease Africa risks, AfDB says


African nations, stung by plunging commodity prices, should set up more sovereign wealth funds to help withstand More...

Nigeria 2015 GDP growth revised lower than rate of population expansion

Investment Bank Renaissance Capital has revised down its 2015 growth forecast for Nigeria to 2.8 percent. The new growth estimates 2..

Sentiments favour bargain hunting as opportunity beckons on value stocks

The opinions of most equity analysts about Nigerian stocks seem to tilt in favour of bargain activities as most stock buyers..

5 important money questions to ask

naira-notes Valentine’s Day is often a time to reflect on your relationship, and consider the next step. If your relationship is heading..

Poor knowledge of ICT among N/Assembly members may impede operation of E-legislature – senator

The Senate Leader, Ali Ndume, has expressed worry that the low ICT literacy level among members of the National Assembly may..

Corporate Strategy – The Role of the Board

Corporate strategy is the overall scope and direction of an organization and the way in which its business operations work together..

“Access Bank committed to supporting financing needs of SMEs”

Management of Access Bank plc, one of the leading commercial banks in Nigeria, has reiterated its commitment towards promoting efficient, effective..