How To Start Pure water business In Nigeria

Sachet and bottled water production is one profitable business opportunity in Nigeria that has high return on investment if well managed. More »

How to export Ginger from Nigeria and make huge profit

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 »

Generate Income producing Garri for export in Nigeria

To make extra income from Garri production business, you need to export your Garri to other countries in West Africa, Europe and America More »

Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish is one of the foodstuffs currently being exported from Nigeria to countries in Europe, America and Asian More »

How To Start Small Scale Poultry Farm in Nigeria (Feasibility studies)

The high demand for chicken meat and eggs has really proven that Poultry farming in Nigeria is indeed a very lucrative business More »

Instant Pounded Yam Production Business: Startup Requirement

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 »

How to Start a Profitable Cement Block Molding Industry in Nigeria.

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 »

Make millions of Naira through cashew export from Nigeria.

The export of cashew nuts and other agricultural commodities from Nigeria is fast becoming very lucrative these days; More »

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

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 »

How To Start Small Scale Livestock Feeds Production Business in Nigeria

Livestock feeds production is a very profitable business, the demand for animal feeds in Nigeria is high More »

Start A Profitable Laundry and Dry Cleaning Business in Nigeria

Laundry and Dry Cleaning is indeed a good business opportunity in Nigeria because it has a high return on investment. More »

Make Money From Collection and Supply of Scrap PET Plastic Bottles in Nigeria

Make money from Supply of Scrap PET Plastic Bottles In Nigeria More »


Category Archives: Business News

Huawei Invests N80million To Empower African Youth In ICT

Global information and communications technology, ICT, solutions provider, Huaweihas announced it would invest N80 million to empower young talents in the ICT industry.Huawei made the announcement at an event held in Abuja recently to mark this year’s Nelson Mandela International Day.

Out of this amount, N4 million will be provided to the Nelson Mandela Institute, NMI which will invest it in its affiliate, the African University of Science and Technology, AUST in Abuja as a scholarship for students who have been admitted.The remaining N76 million will be provided in form of Computer Training equipment.

NMI will then put it at the disposal of AUST on the basis of identified needs of the institution.Huawei will also provide access to its Abuja training center to AUST for the computer science students on the basis of proposals to be developed jointly by AUST computer science faculty and Huawei engineers.

Dencia Boast: “NAFDAC, you can’t arrest me”

Controversial Cameroonian/Nigerian singer and businesswoman — Dencia has recently come under fire after she has been hiding away with a massive b*tt which I still suspect surgery was behind. Sha, I am not talking about her bumbum today.

The National Agency for Food and Drug Administration and Control (NAFDAC) is looking to arrest Reprudencia Sonkey aka Dencia.

US Girl’s Samsung Galaxy S4 Cellphone Catches Fire Under Her Pillow

A Texas teen was woken up by her cellphone in the middle of the night and it wasn’t because she had set the alarm to go off by mistake.

Ariel Tolfree had a rude awakening after she placed her Samsung Galaxy S4 under her pillow before going to sleep. The 13-year-old’s “high-tech” phone caught fire and it was burnt to the point where it is barely recognizable.

Things could have been worse if she hadn’t smelled the phone burning.

“I didn’t think much of it, so I went back to sleep, and then I woke up again and it was more prominent,” Tolfree told KDFW.

The fire, which may have been caused by a replacement battery, singed Tolfree’s bedding and mattress, as well as her pillow.

Nigeria Senate Okays N322 Billion NDDC Budget

Abuja – A budget of N322.6 billion for the Niger Delta Development Commission, NDDC, has been passed by the Senate at its plenary meeting on Tuesday.

Chairman of the Senate Committee on Niger Delta, James Manager, presented the budget to the senate.

The budget breakdown contained money for personnel expenditure, overhead expenditure, capital expenditure, and projects expenditure.

The overhead expenditure initially allocated was N10.1 billion while the expenditure allocated by the committee and approved by the Senate was N9.9 billion.

The capital expenditure which was N2.2 billion was cut down to N1.9 billion while the project expenditure which was N295.5 billion was increased to NN295.6 billion.

Apapa Road Traffic Jam Poses Grave Security Risk – Navy

The endless gridlock that has grounded human and vehicular movement in Apapa area of Lagos State, pose grave security implications, Naval authorities in the state said yesterday.

Apapa Road Traffic JamThe Navy said it was based on that concern it introduced “Operation keep Apapa moving”, adding that the programme will be sustained until normal traffic movement is restored to the area.

Facebook’s Mark Zuckerberg Is Now 16th World Richest

Mark Zuckerberg is one of the youngest billionaire and owner of world renowned social network — Facebook.

Mark ZuckerbergApparently, he just added another 1 billion dollars to his name on Thursday.

First Bank Plc Partners PayPal to Expand E-Commerce Access in Nigeria

Once upon a time it was virtually impossible to buy goods online or pay for any service on the web if you were in Nigeria.

PayPal NigeriaAs Nigerians woke up to the development of e-commerce, various payment options began to emerge to make things easier but we still didn’t have one payment method for Nigerians accepted everywhere

Ports Congestion Contributing To Rising Freight Rate In Nigeria – MAN

Information reaching us has it that Manufacturers in the country have accused the Nigeria CustomS Service, NCS, of contributing to the continued congestion at the Ports through arbitrary increase of import duties.

Making the remark at the 7th Business Luncheon of the Manufacturing Association of Nigeria, MAN, Ogun State chapter, president of MAN, Dr. Kola Jamodu, said that the arbitrary increase in duties, as well as imposition of unnecessary taxation by government agencies has led to the accumulation of demurrage in the Ports.

He also kicked against the current single window environment and pre-assessment technique used by the Customs, arguing that they bring about delay in data generation and verification at the Ports.

Nigeria Earns N475bn from Crude Oil Export To India, Netherlands, Brazil in One Month

Nigeria Earns N475bn from Crude Oil Export To India, Netherlands, Brazil in One Month

Three countries – India, the Netherlands, and Brazil, spent $2.97 billion, about N475.08 billion in the purchase of crude oil from Nigeria in the month of February 2014, data released from the Nigerian National Petroleum Corporation, NNPC, has revealed.

Specifically, the three countries accounted for more than a third of Nigeria’s crude export in February, purchasing 26.75 million barrels of oil.

Specifically, India purchased 10.44 million barrels of crude oil from Nigeria in the month under review, followed by the Netherlands, with 9.385 million barrels, and Brazil 6.922 million barrels.

Using an average crude price of $111 per barrel, this translates to $2.97 billion for the month under review.

New Drivers’ Licence & Number Plate,FRSC To Begin Enforcement August 1

Lagos – The Federal Road Safety Commission (FRSC) on Tuesday said it would begin enforcement of the new drivers’ licence and number plate on Aug 1.

The Lagos State Sector Commander, Mr Chidi Nkwonta, said that the decision followed the new court judgment.

“This new judgment made it very clear that as from Aug. 1, FRSC should impound.

“So, Nigerians must discountenance that first misleading judgment and take this one because we are going to continue enforcement as from Aug. 1, 2014.

“We never asked anybody to stop (processing licences). Anybody who stopped ab initio stopped at his own peril.

“Neither did the court ask anybody to stop, that judgment never said anybody should stop.