News - Business and Economy

Nigeria to invest billion of dollars in sugar

4 years ago /

Nigeria’s sugar industry is to receive investments amounting to 2.6 billion dollars following a significant increase in demand of the commodity in the country.

SMEDAN to increase partnership with UNIDO

4 years ago /

The federal government says it intends to harness opportunities that the United Nations Industrial Development Office, UNIDO is offering in supporting and developing small-scale entrepreneurs grow their ventures.

Arewa youths accuse northern governors of misappropriating SURE-P funds

4 years ago /

Arewa youth accuse northern governors of misappropriation of funds.

Nigeria and EU trade talks stalled, says Olusegun Aganga

4 years ago /

Nigerian Minister of Industry, Trade and Investment Olusegun Aganga says Nigeria failed to agree to open its economy to free trade with the European Union as some areas of the economic partnership agreement still needed to be agreed upon.

Top African artistes team up to support agriculture

4 years ago /

Africa’s biggest music stars on Monday in Lagos came out to support agriculture in the continent with the launch of a new campaign tagged ‘cocoa na chocolate’.

Power sector investment: Nigeria and China to improve electricity chain

4 years ago /

The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Abdulkadir Musa, says the relationship between Nigeria and China needs to be sustained, as both countries have been consistent in their bilateral and investment relationship.

Court declares Obasi Lawson as IPMAN national president

4 years ago /

Some members of the Independent Petroleum Marketers Association of Nigeria IPMAN have expressed joy over the recent court judgment in Port Harcourt which declared Obasi Lawson as the new national president of IPMAN.

Investing in Africa

4 years ago /

Nigerian Investment Promotion commission (NIPC) says it is currently working with the South African Industrial Development Corporation (IDC) to establish an African trade hub in Nigeria.

What is the real amount of money involved in the various tax incentives granted both foreign and local investors in Africa?

4 years ago /

This is the key question a coalition of Africa Civil Societies wants the various legislative arms of government in Africa to quickly address.

Government to create 10 million jobs in 2014

4 years ago /

The Federal Government has announced that ten million jobs will be created before the end of 2014, the coordinating minister of the economy and minister of finance Ngozi – Okonjo Iweala made this known today at the housing stakeholders meeting in Abuja.

Ogun state partners with Chinese firms

4 years ago /

Ogun state Governor Ibikunle Amosun has called on genuine investors to take advantage of the very friendly and enabling environment existing in the state to invest.

Renewable energy: Stakeholders share their views

4 years ago /

Nigeria’s Ministry of Power says the quest to achieve a proper mix of renewable energy as an alternative source of energy would be adequately harnessed if the private sector supports the efforts of government.

Agriculture: Experts calls on the federal government to implement the 'Maputo Declaration'

4 years ago /

Nigeria has continuously failed to meet her commitment since 2003, when she joined other countries to sign an agreement in Maputo, Mozambique, to allocate 10% of her annual budget for agriculture.

Shoprite opens in Kano as it records massive turnout of customers in its first day

4 years ago /

Shoprite a household name in shopping mall business has formally opened its Kano branch on Thursday amidst tight security.

'Do Agric, it pays' campaign: Experts encourage youths to return to farming

4 years ago /

Popular Nigerian singer and song writer, Dapo Oyebanjo, popularly known as D’banj has urged Nigerian youths to embrace agriculture so as to create wealth for themselves.

NCC pays a courtesy visit to Governor Mimiko

4 years ago /

The Nigerian Communications Commission (NCC) has described provision of telecommunication services across the length and breadth of the country as a tremendous life changing achievement.

Department of Weight and Measure of the Federal Ministry of Trade and Investment seals up eight ATM machines in Abuja

4 years ago /

Eight Automated Teller Machines have been sealed up in Abuja, the Nigerian capital for being operated illegally by four commercial banks.

Nigeria Economic Summit: More investment to be made in education sector

4 years ago /

The 20th annual Nigeria economic summit opened Tuesday in Abuja with education taking the centre stage.

Information: Experts say proper management is key to sustainable growth

4 years ago /

Proper information management has been identified as key to sustainable democracy, national and economic development in the twenty first century.

Boost for railway sector as new rail cars are commissioned

4 years ago /

The federal government has received six new air-conditioned coaches and six rail cars other wise known as Diesel Multiple Unit (DMU) at the Apapa port complex Lagos.