Nigeria can generate N151bn from onion farming annually – Group

The Onion Producers and Marketers Association of Nigeria (OPMAN) said that the country could generate about $420 million (about N151 billion) annually from onion cultivation. OPMAN’s...

CBN issues revised guidelines for registration of currency distributors, processors; cash in transit management

By Omoh Gabriel The Central Bank of Nigeria has released a new guide line for companies operating in Nigeria to register for cash in transit operation...

Create jobs to absorb growing population AfDB urges FG

African Development Bank (AfDB) has urged the federal government of Nigeria and other members of Africa Union to make conscious efforts at job creation to absorb...

99m Nigerians live in poverty – FG

Minister of Humanitarian Affairs, Disaster Management and Social Development SADIYA Farouq, has said that the federal government is determined to lift the over 90 million Nigerians...

NEITI says solid mineral sector contributed N52.75bn revenue in 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) said that the solid minerals sector contributed N52.75 billion to federation revenue in 2017. NEITI in its latest report...

Photo news of Nigeria rice brands

LG introduces new dualcool premium air conditioner in Nigeria

LG Electronics has unveiled its new DUALCOOL Premium Floor Standing Air Conditioner into the Nigeria market. The product is first of its kind to be introduced...

UAE has potential to double exports to Africa–Dubai Chamber

The Dubai Chamber of Commerce has said that analysis, based on recent data from the International Trade Center (ITC), relies on an economic model using supply and demand data, along with...

Nigeria judicial reforms of contract enforcement earn it a place in top 10 Doing Business 2020 reformers—WB

Details of World Bank doing business 2020 has shown that Nigeria was rated one of the top 10 reformer global as a result of Nigeria making...

Moderate expansion in manufacturing in October, PMI index shows—CBN

The purchasing manager index, a survey conducted by the Central Bank of Nigeria Statistics Department has indicated that production level, new orders, supplier delivery time, employment...

Seven mining, metals companies partner on responsible sourcing with WEF

World Economic Forum has said that seven leading mining and metals companies have partnered with it to experiment, design and deploy blockchain solutions that will accelerate...

FCMB Wins Excellence Award in Customer Experience as Adam Nuru Emerges CEO of the Year

 First City Monument Bank (FCMB) Limited’s giant strides and impressive performance in service delivery and customer satisfaction in the Nigerian banking industry, have again been recognised....

Kennedy Uzoka is 2019 BusinessDay’s Bank CEO

Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc Mr. Kennedy Uzoka, has won the ‘BusinessDay’s Bank CEO’ of the year 2019 award. Uzoka...

Nigeria border closure hits hard in Niger Republic

Along with Benin, Niger, which shares a 1,500-kilometre (900-mile) border with Nigeria, has been badly hit by the closure of Nigeria’s border. A long line of...

NDIC to adopt cost-effective bank failure resolution method

The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of its drive to adopt cost effective method of bank failure resolution to protect depositors. The 2018...