The Federal Government yesterday, declared that Nigeria will become Africa’s largest cocoa producer and exporter soon. This was disclosed by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, …
Business
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BusinessNews
Nigeria to rebound from recession and grow at one percent pace
by Isaac Abimbade 3 minutes readGlobal economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy …
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The President, Association of Bureau De Change Operators, Alhaji Aminu Gwadabe, says the Central Bank of Nigeria has told its members that it does not intend to devalue the naira. …
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Business
Beware of Bitcoin, Swisscoin, others – SEC tells Nigerians
by Arinze Agoby Arinze Ago 2 minutes readThe Securities and Exchange Commission, SEC, on Thursday said its attention had been drawn to radio advertisements and other modes of solicitations of the public to invest in cryptocurrencies such …
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The Standard Organisation of Nigeria (SON), the statutory body that is vested with the responsibility of standardising and regulating the quality of all products in Nigeria, has debunked the claims …
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BusinessInternationalNews
Fuel Imports Will Reduce by 60% In 2018 – Kachikwu
by Online Source 4 minutes readThe Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the reforms embarked upon by the government are targeted at cutting petroleum products’ importation by at least …
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BusinessNewsPolitics
N5bn Paris Loan Refund: Kwara expends N3.2bn on Politicians – Investigation
by Online Source 2 minutes readThe Governor Abdulfatah Ahmed-led administration in Kwara State may have embarked on alleged spending spree, following its receipt of the N5billion Paris loan refund according to The Point The …
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Business
RIFAN to produce 180,000 tonnes of rice from Bayelsa
by Arinze Agoby Arinze Ago 2 minutes readThe Rice Farmers Association of Nigeria (RIFAN), Bayelsa chapter on Saturday, said it would produce no fewer than 180, 000 tonnes of rice from Ayamasa and Ofoni communities in the …
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BrandsBusinessNews
Coca-Cola sued for misleading people over health risks of soft drinks
by Arinze Agoby Arinze Ago 2 minutes readCoca-Cola Co and the American Beverage Association trade group were sued on Wednesday for allegedly misleading consumers about the health risk of consuming sugary beverages. The case was filed in …
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BrandsBusiness
Why we set up Anchor Borrowers Scheme – CBN
by Arinze Agoby Arinze Ago 2 minutes readThe Central Bank of Nigeria (CBN), yesterday, said the objective of the Anchor Borrowers Programme (ABP) was to create an economic linkage between smallholders and reputable large scale processors with …

