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
Ex-Actors Guild of Nigeria President, Segun Arinze and wife Julie has welcomed a baby girl. Cute..Actor Segun Arinze’s Wife Gives Him A Baby Girl
Amber Rose Steps Out In A Funny Outfit
Amber Rose is now a rough girl and she’s getting worse. This is what she wore to the VMAs.
Airtel Inigeria Introduces N200 Monthly Data Bundles for Social Media Platforms
Lagos – In line with its key objective of becoming Nigeria’s number one mobile Internet Company, leading communications services provider, Airtel Nigeria, has introduced affordable Internet bundles that will empower telecoms consumers to connect with friends, family members and business associates on key social media platforms.
According to Airtel, the special Internet bundle package, which is tagged WTFB, acronym for WhatsApp, Twitter, Facebook and BBM, will provide consumers total access to Facebook, Twitter, WhatsApp and BBM, enabling them to share their stories and joyous moments as well as connecting them to loved ones and business associates.
Glo Boosts Cashless Policy with Glo Xchange Launch
Globacom, Nigeria’s national telecommunications carrier is boosting cashless policy and financial inclusion with the launch of Glo Xchange, a Mobile Money Agent Network that is aimed at accelerating mobile money revolution and financial inclusion in the country.
Glo Xchange was launched by Globacom in partnership with three licensed mobile money operators, FirstMonie, Ecobank and Stanbic IBTC in Lagos on Thursday.
The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, in a statement he personally signed on the launch of the platform, said the initiative marks the beginning of the deeper collaboration between the financial industry and the telecommunications sector.
He congratulated Globacom for launching the first mobile money Super Agent Network in Nigeria, saying it is a win-win situation for all stakeholders.
“How Fraud Plagues Online Business in Nigeria’
Co-Founder of Nigeria’s online letting agency, Tolet.com.ng, Mr. Suleiman Balogun has said that online related fraud that has come to be associated with Nigeria over time, has continued to threaten the growth of online business in the country. Tolet.com.ng, an online letting agency based in Lagos, helps people find apartment houses to rent.
Balogun said this has led to continued mistrust and scepticism about online business among the people thereby slowing the growth of the sector. “The Yahoo Yahoo stigma is still bedevilling the online industry in Nigeria. For us as a business, trying to ward off the toga of fraud associated with anything online has been a great challenge.
For instance you have people, especially older citizens who are persuaded to embrace our services but who still exhibit lots of scepticisms.
The Board of United Bank for Africa Plc, UBA, yesterday named Mr. Tony O. Elumelu, CON, as Chairman to succeed Ambassador Joe Keshi. Mr. Elumelu until this new appointment is Chairman/CEO of Heirs Holdings, the pan-African proprietary investment company, founded by him in 2010.
Elumelu retired as Group Managing Director/CEO of UBA in 2010, following the introduction by the Central Bank of Nigeria of 10-year tenure limits for bank CEOs.
See The Hidden Facts About Bottled Water below.
How much do you know about the bottled water you drink? Not nearly enough, I guess? But a new data emanating from the Environmental Working Group (EWG), a research and advocacy group in the USA has labeled some bottled water overseas un-drinkable, Nigeria inclusive.
In another development, a recent statistics by World Health Organisation (WHO) showed that about 4,000 children die daily from water-borne diseases for lack of pure potable water, a result, which averages at 166 children per hour, and three children every other minute.
Abuja – The Minister of Interior, Abba Moro, on Friday said the Federal Government planned to recruit 5,000 officers into the Nigeria Immigration Service (NIS) over the next five years.
Moro said this in Abuja at the 2014 Comptroller-General’s annual conference and stakeholder’s forum in commemoration of the 50th anniversary of the service.
The two-day conference organised by the service is themed: “Effective Border Control Systems and Procedures for National Security”.
He said recruitment was aimed at enabling the service to increase the number of officers manning the country’s 4,400 square kilometer borders.
“The fact that we have fewer than 23,000 immigration officers manning our very long stretch of border means there is need to add more men into the service.
Former President Olusegun Obasanjo on Friday registered for the National Identity Card (NIC) and kept the information about his next of kin away from the prying eyes reporters who were bent on capturing his personal data.
The former president said this would prevent undue “publicity on the matter.”
Britain’s Department for International Development (DfID) and the Wellcome Trust on Thursday in London launched a 6.5 million pounds appeal fund for research on combating the Ebola virus.
Justine Greening, International Development Secretary, challenged experts worldwide to come forward urgently with research proposals leading to more effective ways of managing the current outbreak.
He said Ebola outbreak was the worst on record, and controlling the future outbreak of the deadly virus had become imperative.
“We are launching an emergency call for research to strengthen what we know about Ebola and how it spreads”, he said.
Jeremy Farrar, Wellcome Trust’s Director said the Ebola epidemic in West Africa demands an urgent response before it ravaged the region.