Business

More African entrepreneurs to benefit from TEF

As the Tony Elumelu Foundation celebrates its ten years of impact, the philanthropic organization says it has enhanced its flagship entrepreneurship programme to benefit more entrepreneurs across Africa.

TEF, in statement, noted that there were currently 9,631 beneficiaries of its entrepreneurs [...]

Sat, 01 February 2020


Food, agriculture in Africa rises to $1trillion by 2030

President of the African Development Bank, AfDB, Dr. Akinwumi Adesina, has projected the rise of the size of food and agriculture in Africa to $1 trillion by 2030.

Adesina spoke in Abeokuta, Ogun state, where he was awarded a Doctorate of Science degree by the Federal University of Agriculture, [...]

Sat, 01 February 2020


NNPC, PETAN pledge partnership in oil, gas

The Nigerian National Petroleum Corporation, NNPC, and the Petroleum Technology Association of Nigeria, PETAN, have pledged to combine efforts and bolster production activities in the nation’s oil and gas sector.

NNPC, PETAN made the commitment in Abuja on Thursday during a meeting betwee [...]

Sun, 26 January 2020


FG to establish agro-allied industry nationwide

The Federal Government says it has concluded plans to establish an Agro-allied industry in each senatorial district in the country as part of effort to sustain food security and economic growth.

Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum disclosed this during a me [...]

Sun, 26 January 2020


NPSC generates N44.4bn revenue in 2018

The Nigerian Pipelines and Storage Company, NPSC, says it generated N44.4 billion in the 2018 financial year, representing a 26 per cent point performance increase over its 2017 performance.

NPSC is a downstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, incorporated on Ju [...]

Sun, 26 January 2020


Katagum decries low participation of women in procurement

The Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum, has decried the low participation of women in public procurement despite Nigeria being a signatory to several conventions on the inclusion of women.

Katagum made the complaint at a gender-based dialogue in Abuja on p [...]

Sun, 26 January 2020


Nigeria unveils investment guide at UK-AIS

The Nigerian Investment Promotion Commission, NIPC, in partnership with the UK Department for International Development, DFID, have published a Nigeria Investment Guide to afford investors relevant information on opportunities in the country.

The investment guide, which was launched at the UK A [...]

Sun, 26 January 2020


CBN cautions FG over rising public debt

The Central Bank of Nigeria, CBN, has cautioned the Federal Government over rising public debt, warning that the country’s borrowing was increasing faster than both domestic and external revenue.

CBN Governor, Godwin Emefile, who issued the warning at a briefing, shortly after the 271st m [...]

Sun, 26 January 2020


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