Oil prices were steady on Friday, torn between hopes the United States and China could soon settle their trade disputes and new data raising fresh concerns over China’s economic slowdown. International Brent…
Zonal Data Assistants at World Health Organization
Job Description World Health Organization (WHO) is the directing and coordinating authority for health within the United Nations system. It is responsible for providing leadership on global health matters, shaping the health…
ExxonMobil: General Counsel Recruitment
Job Description Mobil Producing Nigeria Unlimited (MPN) is a subsidiary of Exxon Mobil Corporation with a long and established history of operations in Nigeria. The company’s oil & gas production activities constitute…
NIGERIA TO BECOME SECOND LARGEST RICE IMPORTER BEHIND CHINA IN 2019 – USDA REPORT
Nigeria’s rice imports are set to hit 3.4 million metric tons high next year, a 13% increase that will see the country become the world’s second-largest rice importer behind China, according to…
BELARUS PLANS INVESTMENT IN NIGERIA’S AUTO INDUSTRY
The government of the Republic of Belarus has said it will invest in Nigeria, especially in the automotive industry, having seen the development of the country’s economy. The Ambassador of Belarus to…
OIL PRICES CRASH TO 1-YEAR LOWS – OIR
Oil prices crash to a one-year low. Oil prices plunged by more than 4 percent on Monday, and the selloff continued in early trading on Tuesday, pushing WTI down below $48 per barrel….
NIGERIA RECORDS A DEFICIT BALANCE OF PAYMENT IN Q3-18
The Central Bank of Nigeria (CBN) recently released a summary note on the country’s Balance Of Payment (BOP) for Q3-18. The result showed that the Nigerian economy recorded an unfavorable BOP as…
NIGERIA’S Q3-18 JOB REPORT: UNEMPLOYMENT RATE WORSENS.
Earlier, the National Bureau of Statistics (NBS) published its long-awaited quarterly unemployment and underemployment report for Q4-17 to Q3-18. According to the report, the unemployment rate in Nigeria jumped from 18.8% in…
THE RISK NOT TAKEN, THE CHANCE NOT GIVEN OR SEEN
You read about what makes a great man with great mind, so let’s talk about the end product of great mind thinking towards making a decision, taking risk of the opportunity recognized…
ACCESS BANK ACQUIRES DIAMOND BANK
Access Bank has finally acquired Diamond Bank, and the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN), according to…
NIGERIA’S NOV-18 HEADLINE INFLATION RATE INCHES HIGHER TO 11.28% Y/Y
The National Bureau of Statistics (NBS) today released Nigeria’s inflation report for the month of Nov-18. Much in line with the Bloomberg consensus estimate, the headline inflation rate rose marginally to 11.28%…
Nigeria’ Inflation Rate Rises To 11.28% In November – NBS
Nigeria’s consumer price index (CPI), otherwise referred to as the inflation rate for goods and services, rose to 11.28 percent in November, the National Bureau of Statistic (NBS) has said. This is…
Intra-Africa Trade Fair Seals $27b Deals
About $27 billion deals were signed at the weekend during the ongoing first Intra-African Trade Fair (IATF) in Cairo, Egypt. The figures recorded so far in the IATF Deals Processing Centre far…
Nigerian States To Access World Bank’s $750mn Grant – Official
The federal government says the 36 state governments and the Federal Capital Territory (FCT) will soon access World Bank’s $750 million grant. The Minister of Finance, Zainab Ahmed, disclosed this at the…
Cosmetics Business In Nigeria
Today is all about Starting a cosmetic business in Nigeria. I know you love cosmetics. Those powders, nail paints, you know that eyes pencil and many more. Have it ever comes to…
FG leases out 50,000 hectares of RBDA lands to commercial farmers
The Federal Government (FG) has leased out 50,000 hectares of the River Basin Development Authorities (RBDAs) to commercial farmers to boost agricultural production. It said the decision became imperative because most of…
Buhari empowers constituents with aquaculture training, fish post harvest technology
SENATOR representing Oyo North Senatorial District in the upper chamber of the National Assembly, Senator Fatai Buhari, has facilitated an empowerment programme in the form of value chain capacity building on aquaculture…
TEF opens application for 5th entrepreneurship programme
The Tony Elumelu Foundation says it will begin accepting applications for the fifth cycle of its entrepreneurship programme from January 1, 2018. A statement from the Foundation said 1,000 selected applicants will…
12 social enterprises share $2m Google Impact Challenge prize
Google has announced winners of the maiden edition of its Google Impact Challenge in Nigeria, where 12 non-profits and social enterprises shared $2m in grant funding. Four winners received $250 000 each,…
Inflation rate to trend toward 13% in 2019
FSDH Merchant Bank has projected inflation rate of 13 percent for 2019 fiscal year citing implementation of the new minimum wage, upward review of electricity tariff and likely removal of fuel subsidy…