ECONOMY

The Handwriting on the Wall: A Curious Case of Diversifying Nigeria’s Economy Now!

Moving with trends is a necessity in this fast paced global village we live in. In some parts of the world, libraries are being shut partly because of the obsolescence of print and then, the clamour to ‘go green’. The

Price of Business Registration With NIPC Slashed From N50,000 to N15,000

Business registration with the Nigerian Investment Promotion Commission (NIPC) has been slashed to N15,000 from N50,000 in a bid to encourage entrepreneurship, expansion and investments in Nigeria. The Minister for Trade and Investment, Olusegun Aganga, approved the new rate and

Forex brokerage firm, ForexTime, opens Nigeria office, starts operations

Forex brokerage firm, ForexTime Limited, has opened an office in Nigeria, and has commenced operations, the firm has announced. The firm will bring to Nigerians, its trading services — shares, commodities, indices, precious metals and foreign exchange — and will

National Competitiveness Council of Nigeria, Inaugurated; Posit Plans

Following the inauguration of the National Competitiveness Council of Nigeria (NCCN) at State House, yesterday, by President Goodluck Jonathan, its Chairman the Honourable Minister of Trade and Investment Olusegun Aganga, the Vice Chairman Tony O. Elumelu C.O.N, as well as

GE Signs Strategic Partnership Agreement With Dangote Group

The visit, last week, of General Electric’s CEO, Jeff Immelt, to Nigeria, that had him announce an energy investment deal, and a deal with Transcorp, also produced another, on infrastructural development, with Dangote Group. This will have both organizations collaborate

Cable Car Mass Transit, to Launch in Lagos, in 2015

The city of Lagos will get cable car mass transit, in 2015, according to an agreement, between the Lagos Government and a Nigerian cable car company, Ropeways Transport Limited. The cable car system, will be the first commercial one, in

Transcorp and GE Sign Partnership Agreement on Power and Infrastructure Development In Nigeria

Transnational Corporation of Nigeria Plc (Transcorp) and General Electric (GE), Wednesday, signed a framework agreement to collaborate in addressing the infrastructural needs of Nigeria, with emphasis on the power and transportation sectors. GE, a global leader in the design, manufacture,

Nigerian Energy Sector Aglow, as General Electric Invests $1 Billion

The Nigerian energy sector is aglow, after its potentials prompted General Electric to announce an investment of $1 billion – into it. The deal was signed — yesterday — in Abuja, when its Chairman, Jeff Immelt, visited. The Minister for

Ogun State Farmers Receive Training on Seed Production

The Agricultural Media Resource and Extension Centre (AMREC) of the Federal University of Agriculture, Abeokuta (FUNAAB) have partnered with the National Agricultural Seeds Council (NASC) to educate 150 farmers in Imala, Ogun State on the nuances of effective production of

Air Cargo Terminal to boost Farm Exports in Nigeria

By Kobe Eru Godwin Despite its decline from the 1970’s, agriculture remains the mainstay of the Nigerian economy. The sector is the largest contributor to the Nigerian economy, accounting for over 38% of the non-oil foreign exchange earnings, and employing

Nigeria: For 2012, $32 billion was Government Income, from Taxes

The Federal Inland Revenue Service (FIRS) has reported N5.007 trillion ($32 billion) as the Nigerian government revenue from taxes, in 2012. The figure grew by N379.4 billion ($2.4 billion) from the revenue received in 2011. The government reformed the tax

International Airport in Bauchi to Be Completed and Ready for Flights This Year

A N7.9 billion international airport, being developed in Bauchi State, will be completed this year, and will resume operation soon after. This will increase the number of international airports in Nigeria, and widen options for tourism to Bauchi State, according

World Economic Forum of 2013: Nigeria, others heedful of the Global Economy

The World Economic Forum (WEF) – annually held at Davos, Switzerland – held over the past few days and was concluded yesterday, as world leaders, business leaders, government officials and pundits – gathered, to look into the world economy, its

Heavy Rainfall in Southern Nigeria, Early, in 2013

Lagos and Ogun States, had their first rainfall this year, on Sunday, January 20, and afterwards. Then Calabar and several other cities in Southern Nigeria, experienced heavy rainfall too, introducing the year, with surprise of changing climate, after a precarious

Citizens’ Forum Holds in Imo, Governor Okorocha and Information Minister, Maku Attends

Towards good governance, and update on progress of development, the Federal Government has necessitated its presence at citizens’ forum to be held in states, from this year. The forum will give the government, a chance to inspect projects, ongoing and

Nigerian and South African Accountants Enters Professional Partnership

Nigerian and South African accountants, through the Association of National Accountants of Nigeria (ANAN) and the South African Institute of Professional Accountants (SAIPA), have signed an agreement on professional partnership. This, for accounting professionals of the two biggest economies in

Latest stories

ECONOMY

Featured Events

Discover upcoming events and opportunities across Nigeria.

More stories on

ECONOMY

Most Popular

Previous
Next
Previous
Next

Most Popular

Previous
Next