The demand for Ginger in the international market has gone up significantly because the root is now being used as raw material in manufacturing process. More »
To make extra income from Garri production business, you need to export your Garri to other countries in West Africa, Europe and America More »
The high demand for chicken meat and eggs has really proven that Poultry farming in Nigeria is indeed a very lucrative business More »
Indeed you can become a millionaire through Poundo Yam production business in Nigeria. You can make up to N500, 000/month producing and selling Instant pounded Yam powder More »
Are you thinking of starting a profitable business of your own in Nigeria? If yes then I will want you to consider setting up a cement block molding industry in the country More »
The export of cashew nuts and other agricultural commodities from Nigeria is fast becoming very lucrative these days; More »
Discover how to make 100percent profits when you invest just N80, 000 in exporting Bitter kola from Nigeria to Europe, America and Asia countries More »
Livestock feeds production is a very profitable business, the demand for animal feeds in Nigeria is high More »
Laundry and Dry Cleaning is indeed a good business opportunity in Nigeria because it has a high return on investment. More »
Category Archives: Business News
Ibadan – FEDERAL Government of had released over 1 million cocoa seedlings to 400, 000 farmers of the cash crop across the cocoa geo-ecological zones in the country to boost the production and export of the commodity.
This was disclosed by the Permanent Secretary of the Ministry, Mrs. Ibukun Odusote, represented by Director, Engineering and Mechanisation Department, Engr. Mudasiru Akeju, at high level cocoa stakeholders GES implementation meeting held recently at Cocoa Research Institute of Nigeria, CRIN, Ibadan, Oyo State.
Abuja – The Joint Admissions and Matriculation Board, JAMB, on Tuesday, 9 September, 2014,commenced the sale of 2015 JAMB application form that will usher in the full implementation of computer based test, CBT, in the 2015 universal tertiary matriculation examination, UTME.
The registrar of JAMB, Professor Dibu Ojerinde, in a press release said candidates are expected to start purchasing their forms from Monday, Septembers 15th to Thursday, 15th January, 2015.
Below are steps prospective 2015 JAMB/UTME candidates can use in purchasing form for online application.
How To Register/Apply for JAMB UTME 2015 exams Online
Candidates are to obtain their application forms at designated banks after which they are to proceed to any approved CBT centres and register for the examination at a regulated fee. There are about 300 centres all over the country and staff of the centres have been trained for this purpose.
The Bank of Industry (BOI) has blacklisted 24 companies which allegedly failed to repay loans granted to them.
The Managing Director of the bank, Mr Rasheed Olaoluwa, announced this on Friday in Lagos during induction of 10 customers into its hall of fame.
Olaoluwa alleged that the blacklisted companies were also involved in shady deals.
He said that BOI decided to “name and shame the bad customers’’ to help Nigerian banks to identify business people with no respect for integrity and purpose.
He alleged that the 24 companies cloned and falsified documents and diverted loans to non-profitable ventures.
The Western Marine Command of the Nigeria Customs Service (NCS) said on Thursday that it has impounded rice, cooking oil and poultry products valued at N20.4 million.
The command’s Acting Controller, Mr Johnson Gabriel, told newsmen in Lagos that the seizures were made in two separate operations by his men.
He said on Oct. 15 at the Badagry axis of Lagos State, officers impounded 70 cartons of poultry products, 11 bags of rice and eight kegs of cooking oil, all valued at N567, 982.
Gabriel said the second anti-smuggling operation took place at the Yekeme area of the state on Oct. 18 with the seizure of 2,200 bags of rice valued at N19. 89 million.
“The command made these seizures in two different operations around Badagry and Yekeme area of Lagos State and the calculations showed a duty paid value of over N20 million.
A man $exually assaulted a female passenger in the toilet of a Japan Airlines flight, barricading the door as the victim’s mother and flight attendants tried to rescue her, US authorities say.
The woman was returning home to Japan with her mother after a four-day holiday when she went to use the bathroom nearly two hours into Saturday’s flight.
The man forced his way into the lavatory and attacked her, but she was able to push the emergency button while trying to fight him off, according to an FBI affidavit.
He allegedly blocked the lavatory door as the woman’s mother, flight crew and other passengers tried to rescue her.
They had to remove screws from the door’s hinges to open it, said an FBI affidavit.
Lagos State is set to join the league of oil producing states in the country come next year as the joint venture partners on the Aje Field offshore Lagos have taken the final investment decision on the exploration of the field.
A group led by Yinka Folawiyo Petroleum Company Limited took the FID to develop the first phase of the Aje shallow water oil field for $220m.
Mrs. Adejoke Adefulire, the Lagos State Deputy Governor, has commended leading telecoms operator, Airtel Nigeria, for its far reaching social empowerment initiatives in the state.
Mrs. Adefulire gave the commendation during a courtesy visit to the headquarters of Airtel Nigeria at Banana Island, Lagos on Tuesday where she was received by the Managing Director and Chief Executive Officer of the Telco, Mr. Segun Ogunsanya, in his office.
Information reaching us at Naijabizcom.com has it that a Twenty three year old man, Ondavey weize, a graduate of the Federal University of Agriculture in Makurdi, Benue state has revealed how he swapped the ATM cards of several people with invalid cards with which he used in withdrawing large sums of money from their account.
Weize who has over sixty ATM cards in his possession said he came into Calabar, the Cross River State capital two weeks ago from Abuja and has succeeded in swapping the ATM cards of many people and withdrawn money from their account with which he spends lavishly in hotels and night clubs.
Abuja – Information reaching us has it that Some Electricity Consumers in the Federal Capital Territory (FCT) on Thursday called for the scrapping of the monthly N750 fixed charge being charged by electricity distribution companies.
The consumers told the News Agency of Nigeria (NAN) that it would amount to exploitation if the companies continued to retain the charge when services were not delivered.
A businessman, Mr Chukwuemka Echem, who described the charge as mere exploitation of electricity consumers in the country, said it should be abolished.
He said that it was out of place for consumers to pay the monthly fixed charge after paying the monthly bill.
“Why the N750 fixed charge when consumers will have to pay their monthly bills?”
Lagos – Mr. Osita Chidoka, the Minister of Aviation, has said the Nigerian Aviation Handling Company Plc (nahco aviance) would collaborate with the federal government on its agro – based export programme.
Speaking when the Board of the company, led by its Chairman, Mallam Suleiman Yahyah paid him a courtesy call in his Abuja office, Chidoka said, with the capacity and efficiency of the cargo handling company, government could be rest assured that the expected agricultural output would be well taken care of in terms of export capabilities.
Promising to contact his counterpart in the Agriculture and Rural Development, Dr. Akinwunmi Adesina, to see how the ministry and nahco could work together, Chidoka pledged to bring the two parties together to facilitate a partnership that would work well for the development of the country’s economy.
Chidoka said there was much to be done to improve the cargo industry in Nigeria and commended nahco aviance for innovation and efficient delivery of handling services.