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 »
Make money from Supply of Scrap PET Plastic Bottles In Nigeria More »
Category Archives: Business News
Dear Friend, do you know almost all the billionaires in Nigeria became super rich as a result of their involvement in The Nigerian Oil and gas Industry valued at over $200 billion US dollars?
If don’t know this before, now you know and here is an opportunity to discover how Oil and gas moguls like Chief Mike Adenuga,Mrs.Folorunsho Alakija, Sanni Bello,Aliko Dangote,Chief Femi Otedola, Ifeanyi Ubah, Sir Emeka Offor, Tony Ezenna, Mohammed Indimi etc made their endless wealth.
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The Nigerian Export Import Bank (NEXIM) has offered N300 billion funding support to Nigerian exporters in 2014 as part of its commitment to boost credible non-oil exports in the years ahead.
A fully loaded truck in one of the inland dry ports in the sub-region, will be delayed, harassed for bribes by the numerous security agents along the regional transport corridor before it gets to its destination.
Managing Director/Chief Executive, NEXIM Bank, Mr. Roberts Orya disclosed this at the 2014 Nigeria Non-oil Export and Investment Development Conference organised by Business Journal in Lagos. He said that the bank has been working on deepening export-import trade and attracting foreign investments.
Dangote Farms Begins Hybrid Tomatoes Production in Kano.
A pilot hybrid tomatoes production project has been established in Kano state by Dangote farms for its tomatoes processing plants in the state.
Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, said on Monday that rice production in the country over the last three years has generated about N400billion to the Nigerian economy.
Adesina who stated this in Abuja at the Second Nigeria Rice Investment Forum, said Nigeria has currently attained 80 per cent self-sufficiency in paddy rice production as well as added seven million metric tonnes of paddy rice to the domestic food supply in 2013.
He maintained that with the establishment of 18 rice integrated mills across the country, that Nigeria would not only achieve self-sufficiency in rice production but also would become a net exporter of food.
When there was enough money, only those in government were enjoying it, but now everyone will have to pass through the stress. That is Nigeria’s style of leadership!
The measures which will see Nigerians paying more taxes, comes days after President Goodluck Jonathan formally announced his intention to contest the February 14 2015 presidential election.Okonjo-Iweala, in company with the Director-General, Budget Office of the Federation, Dr Bright Okogu; the Accountant-General of the Federation, Mr. Jonah Otunla; the Acting Chair, FIRS, Alhaji Kabir Mashi and other top officials, told the journalists that the nation would be experiencing a challenging time owing to the global fall in oil prices.The measures government is taking, according to her, are a reduction in public expenditures and international travels by public servants. She however, assured that the Jonathan Economic Management Team was “on top of the situation” to proffer measures that would help to ensure that the “common man” did not feel the impact of the oil price decline.
As part of the efforts to reduce expenditure, she said international travel within the public service would now be severely curtailed.
She said, “Every country that is well managed doesn’t just seat and allow a situation to happen to them. If they are well managed, they prepare the right set of policies to deal with the situation.
“Those days when we used to be like that in the ‘80s and 90s are over. In the ‘80s, when we had shocks, we didn’t take measures by ourselves to adjust. We waited for others to come and tell us how to adjust. But now we have competent teams and our job is not to sit and wait, but, to craft a set of policies and that will help us address these shocks.
“We are not talking about (cutting) salaries and benefits. We are talking of trainings and travels and these will be only for critical and essential items which will be pre-approved by the Head of Service and the Director-General of the Budget Office and then if someone invites you for overseas course, you can go provided they pay for your training and your stay and you have to furnish evidence that they are paying before you will be allowed.
“The purpose of this is to tell you what we are doing and this team is calm and will be effective and we are working with the monetary policy authorities and together we will manage the economy in a transparent manner so that people need not have any fear.”
Any hope of the unapproved Musical Copyright Society of Nigeria (MCSN) that it will be allowed to operate legally in Nigeria as a copyright Collective Management Organization (CMO) has been buried by the Federal High Court sitting in Lagos.
In a landmark ruling by Hon Justice O.E. Abang on October 24, 2014, the court threw out the case filed by MCSN in which it had sought an order of the Federal High Court restraining Copyright Society of Nigeria (COSON) from parading itself as Nigeria’s sole collective management organization for musical works and sound recordings.
The company that did this is wicked. The company is manufacturing reliable bullet proud and to prove their worth, they locked $3million inside this bullet proof glass and left it on the road for everybody to try their luck. If you break the glass, then all the money inside is yours. Guys tried, but no way.
One of the first things John Chen did after becoming chief executive of BlackBerry last year was confiscate his wife’s Samsung Galaxy.
“There were a couple of parties we went to and, when my wife brought out the Samsung, everyone kind of looked at me funny,” he says. “So eventually I said she needed to use a BlackBerry. ‘No, I like my Samsung’, she said, and I told her she was embarrassing me.”
Does she still use it in secret? “That, I wouldn’t know,” he quips. “There might be a lot of secrets I don’t know.”
Dr. Gloria Elemo,the Director-General, the Federal Institute of Industrial Research, Oshodi (FIIRO), has disclosed that the institute had designed and patented a plant for the mechanised production of garri, just as it had developed 25 cassava-based products through its research and development.
*Some varieties of the yellow cassava and their products being displayed.
*Some varieties of the yellow cassava and their products being displayed.
She said the institute is adding value to agricultural produce, using simple processing technologies that can be adopted by Micro, Small and Medium Scale Entrepreneurs for production of different convenient foods.