Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria

FG gives 11 reasons, claims economy on way out of recession

The Presidency on Tuesday announced that the nation’s economy which is currently in recession has started gradual recovery and growth. Details obtained from the 23rd newsletter published by the Presidency Office of Digital Engagement, and posted on the official website…

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ICT

NiRA inks deal to boost IPv6 in the country

The Nigeria Internet Registration Agency (NiRA) has sealed a memorandum of understanding (MoU) with the African Network Information Centre (AFRINIC) and its Academy in Kenya, to develop and certify skills in Internet number resources management to grow IPv6 in Nigeria….

$300m loan scheme coming for young farmer, says CBN

Another vista by the federal government to deepen uptake of farming business across the country has been launched. Coming as the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), it will establish a 300 million dollar agribusiness loan project…

Finally, Angola overtakes Nigeria as Africa’s top oil producer

The impacts of repeated vandalism of oil installations in the Niger Delta by militants over the years have started emerging. Apart from the sustained drop in production output, Nigeria has again lost its Africa’s top oil producer status to Angola…

Nigeria heating up as NLC, TUC protest economic hardship, new minimum wage

Analysts have started placing the spate of protests since Monday this week to Thursday; side-by-side with Arab uprising that swept across African Arab nations few years ago which led to the ouster or imprisonment of some presidents. On Monday, youths…