ECONOMY

Fadama Development Project 3 Receives $200 Million From World Bank

The Fadama Development Project has been supporting Nigeria’s farmers by helping to empower communities and strengthen agriculture development in states throughout the country. With the additional funding of $200 million approved by the World Bank for the National Fadama Devel­opment

Atlantic Shrimpers Limited Donates Vehicle to the Department of Fisheries

Atlantic Shrimpers Limited recently donated a vehicle to the Department of Fisheries as part of logistics support to facilitate the execution of its duties across the state. The Managing Director, Atlantic Shrimpers, Kamlesh Kabra, who presented the vehicle in Lagos

Federal Government Kicks Off Horticulture Training in Six Schools

With the objective to drive the economic empowerment of youths through agricultural entrepreneurship, the Federal Government – via the platform of the National Schools Agricultural Programme (NSAP), which was set up in October 2014 – has flagged off another workshop

Y-Farm Project to Establish 10,000 Youth Led Agric Businesses in Nigeria by 2020

A group of enterprising farmers called the Fresh and Young Brains Development Initiative recently declared their intent to establish 10,000 youth led agric businesses in the country by 2020. This was stated at the first National Youth Agricultural Festival which

Cleanup Nigeria Project Presents ‘Clean Up Ketu’

The Cleanup Nigeria Project is the brainchild of two Non-Governmental Organisations dedicated to environmental hygiene, Passion House and Recycle Points. In accordance with the Seventh Millennium Development Goal, the initiative seeks to ensure environmental sustainability in Nigeria through local waste

Nigeria Targets $2 Billion From Cashew Export

In an effort to pursue the diversification agenda being driven by the Nigerian Export Promotion Council (NEPC), the Nigerian government says it is set to intensify efforts to diversify the country’s economic base to non oil ventures by collaborating with

20 Nigerian Women Emerge Winners at African Women in Agriculture Research and Development Award

‎Twenty Nigerian women out of 70 have emerged winners of the 2015 African Women in Agriculture Research and Development, AWARD. A total of 1,109 applicants applied to participate in the two-year career-development program for top women agricultural scientists. Eleven countries

Arik Air to Resume Flights To Cotonou, Douala January 19

Front-line Nigerian airline, Arik Air, has announced it will resume flight services to Cotonou, Benin Republic and Douala, Cameroon from Monday, January 19, 2015. Flight services between Lagos, Nigeria and Cotonou/Douala were suspended last year in the wake of the

”Entrepreneurship Involves a Quantum Leap in Value Creation” – Prof. Pat Utomi

Many young Nigerians are finding a path to success as entrepreneurs despite the tough business environment they face in Nigeria. Many are active in various creative industries like fashion, technology, media, entertainment, hospitality, etc, while others trade in commodities. For

The Tony Elumelu Foundation Launches The Elumelu Nigeria Empowerment Fund

The preceding month has been such a great one for the Tony Elumelu Foundation. The Elumelu Nigeria Empowerment Fund, a non-profit organisation managed by the foundation, was launched recently. This is in addition to celebrating four years of impressive philanthropic

Dangote Lagos Refinery To Start Operations In 2018

The proposed Dangote oil refinery situated in Ibeju-Lekki, Lagos is expected to be functional by the first half of 2018, an official with the company has disclosed. According to the Dangote Industries’ operations director for petroleum refining, Mr. George Nicolaides,

Rice Production Generates N400b To Nigeria’s Economy

Rice production has generated about N400 billion to the Nigerian economy in the last 3 years, a top Nigerian government official has stated. Speaking at the second Nigeria Rice Investment Forum in Abuja on Monday, Nigeria’s Minister of Agriculture and

Nigeria Today: Top Ten News Stories You Shouldn’t Miss

  1. The Federal Government claimed on Thursday that for the first time in Nigeria’s history, it was able to generate 4,600 megawatts of electricity. Before Thursday’s announcement, the country’s highest peak generated power was recorded on December 23, 2012

Nigeria Today: Top Ten News Stories You Shouldn’t Miss

1.Governor Babatunde Raji Fashola says Lagos State has the capacity to combat any infectious disease, including the Ebola Virus Disease, should it rear its ugly head again. The governor therefore told foreigners willing to visit or invest in the country

British Airways Adds Push Notification Feature to iPhone App

To create greater ease and more convenient travelling for passengers, British Airways is adding a ‘push notification’ feature to its iPhone app, which will inform passengers at Heathrow T3 and T5 when their gate is open and when their aircraft

Airtel Nigeria Partners With Grameen Foundation, VAS2nets to Launch Mobile Health Services

Leading communications services provider, Airtel Nigeria, has partnered with Grameen Foundation and VAS2nets Technologies Ltd to unveil two pertinent mobile health services tagged Mobile Midwife and Dial-a-Doctor. These services were developed in an effort to reduce infant and maternal

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