Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2017

Industry

NIRSAL to disburse N60b loans to farmers, another $300m facility on youths from AfDB

Federal Government is currently speeding up quick access to funding to farmers and youths as part of new moves to drive economy diversification. The facility expansion scheme is to effect access to loans to over 3.8 million farmers by between…

Industry

Rullion Capacity Builders gets approval for vocational trade test centre

Emerging non-governmental organization focusing on empowering women and youths in skills acquisition and entrepreneurship, Rullion Capacity Builders (RCB), has been granted national accreditation by the federal Ministry of Labour and productivity as a trade testing centre for vocational training. Explaining…

S/East loses out in new railway projects as FG insists on completion of contracts before 2019

Leaders of though and youths in South East have vowed to push endlessly for the approval of a railway contract in the zone. They had long proposed the Onitsha-Aba railway scheme to grow economic and social activities considering the sole…

Why Sen. Uzodinma has no link with 30 rice containers seized by Customs

More facts have emerged showing that Senator Hope Uzodinma, the Chairman Senate Committee on Customs, Excise and Tariff, has no link with the 30 containers of rice seized by the Nigeria Customs Service. Uzodinma had on Tuesday, denied having any…

Expert reveals why MSMEs are not growing well in Nigeria

The Managing Director of Wholistic Business Solution Limited, Mrs. Lanre Oniyitan has opened on why several startups collapse less than two years of takeoff. In an interview during a sensitization programme organized by Bank of Industry (BoI) in Ogun State,…

Photo News

Unveiled LNSC to complement Police, other security agencies jobs at community level—Ambode

Chairman, Board of Lagos Neighbourhood Safety Corps (LNSC), Deputy Inspector-General of Police, Israel Ajao (rtd) (left); Lagos State Deputy Governor, Oluranti Adebule; the governor, Akinwunmi Ambode; Speaker, House of Assembly, Mudashiru Obasa and Commissioner for Special Duties & Inter-Governmental Relations,…

Banking/Investments

CBN report indicates dropping propensity to save in banks as recession bites harder

Latest Depository Corporation Survey (DCS) for the month of February 2017 recently published by the Central Bank of Nigeria (CBN) has shown sharp drop in current accounts deposits, an indication that commercial banks are experiencing lull in volume of deposits…

Messi loses highest football earner to Real Madrid’s Ronaldo

Real Madrid’s Portuguese striker Christiano Ronaldo was the best paid footballer in 2016-17, with 87.5 million euros ($95.3m) in earnings, ahead of his Argentinian rival at Barcelona, Lionel Messi (76.5m), according to figures to appear in Tuesday’s edition of France…