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Tracking Nigeria's Headline Business News Online

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Dangote’s $2bn Petrochemical Plant to deliver 77 Grades of Polypropylene

Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated…

Nigeria’s real GDP jumps by 5.01% y/y in Q2-21

The recently released Q2-21 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria recorded the third consecutive quarter of growth as the low base effect from the prior year magnified the impact of the sustained reopening of…

Fulani herdsmen force N379bn debt on CBN’s ABP as farmers desert farms

The Central bank of Nigeria recorded a shortfall of N378.5bn in loan repayment by beneficiaries under the Anchor Borrower’s programme (ABP) in six years, data obtained from the findings apex bank have shown. Between November 2015, when the ABP scheme…

We’re repositioning NPA for efficiency, safety, accountability- MD

The acting Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello Koko has assured that the management under his watch is working towards repositioning the nation’s seaports and the authority for greater efficiency, safety and accountability. The Managing Director,…

Environmental violation: NESREA seals 8 Industries in Lagos

The National Environmental Standards and Regulations Enforcement Agency (NESREA) Tuesday sealed no fewer than eight factories for environmental pollution offences in Lagos State. NESREA is an agency under the Federal Ministry of Environment saddled with responsibility of enforcing all environmental…

NITDA, SON team up to deepen IT standards in Nigeria

A new dawn for IT standards is set to emerge with the readiness for synergy and cooperation between the National Information Technology Development Agency (NITDA), and the Standard Organization of Nigeria, SON. This was disclosed by Director Generals of the…

CNN explores why Nigeria’s newest investors are turning to tech

In the latest episode of Marketplace Africa, CNN’s Larry Madowo takes a look at how financial technology companies in Nigeria are building their consumer base by helping budding investors buy into cryptocurrencies, stocks, and more. In recent years, young Nigerians…

Tourism & Technology Summit Africa 3rd Edition coming Virtually

After a relapse of the Tourism and Technology Summit Africa following the COVID-19 impact of 2020, the first of its kind two industry event is returning with a virtual edition as its third edition. The virtual summit, which is being…

Farmers seeks end to jumping food prices, herders’ attacks

As part of drive to end the looming food crises and bring down the current skyrocketing prices of food items, the All Farmers Association of Nigeria (AFAN) has called on the Federal Government to take urgent action ahead of the…

Call for African Youth to Support Act4Food Act4Change thickens

Celebrating World Youth Day, youth leaders across the world are delighted that UNITLIFE will join the Act4Food Act4Change campaign to raise awareness among the young populations about the need for youth to play a major role in food systems transformations….