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FG attracts N896bn private investment to agric sector (Punch, Sep. 16 2014)

FG attracts N896bn private investment to agric sector (Punch, Sep. 16 2014)

The Federal Government on Monday said that in the last four years, it had attracted total investments of about $5.6bn (N896bn) from private investors to the agriculture sector. The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, said this in Abuja at the inauguration of the Agricultural Transformation Agenda Policy Working Group. He said […]

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12 banks earn N1.4tn in six months (Punch, Sep. 8, 2014)

12 banks earn N1.4tn in six months (Punch, Sep. 8, 2014)

Nigerian banks recorded an increase in earnings for the first half of this year, but their profits were affected by a variety of factors, OYETUNJI ABIOYE writes Twelve banks recorded gross earnings of N1.4tn during the first six months of this year, according to information obtained from the Nigerian Stock Exchange and the banks’ websites. […]

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Ebola, Boko Haram and E-commerce; An Unlikely Partnership. (Ventures, Sep. 3rd, 2014)

Ebola, Boko Haram and E-commerce; An Unlikely Partnership. (Ventures, Sep. 3rd, 2014)

VENTURES AFRICA – That the Boko Haram insurgency and Ebola outbreak in Nigeria should be associated with whatsoever positive benefit will be considered preposterous in many quarters, including mine. But that in fact is the case with Nigeria’s E-commerce industry which is experiencing significant growth as more people try to avoid public places and shop […]

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Nigeria’s Power Generation Hits 2-Year High, And Climbing.

Nigeria’s Power Generation Hits 2-Year High, And Climbing.

Nigeria’s electricity generation is enjoying a steady climb reaching a year high of 4,044 megawatts (MW). Industry experts are even expecting higher numbers in the coming months as on account of improved gas supply to generation stations and the rise in the water level at the various hydro power stations typical of the rainy season. […]

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Hotel Spurt seen in Lagos (II) (Business Day)

Hotel Spurt seen in Lagos (II) (Business Day)

Entry of international hotel operators increases hotel valuations while lowering revenue metrics Lagos has emerged a clear favourite among international hotel operators in the race for frontier markets. Hotel rooms in Lagos tripled between 2003 and 2013 rising from 2,994 to 9,567 according to data published by the W Hospitality Group.   As one of […]

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Interview with the COO on Enterprise Africa News (August 4, 2014)

Interview with the COO on Enterprise Africa News (August 4, 2014)

JENNIFER IJEOMA ANOYIKA is a middle-class, British-born Nigerian of Igbo parents in the Eastern part of the country. Equipped with sound academic trainings and attainments in Britain, Anoyika also studied German language in Germany before returning to Nigeria in 2008. In this insightful interaction with Enterprise Africa, the Chief Operating Officer (COO), of the Nigerian-German […]

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Food sub-sector dominates Nigeria’s $3bn non-oil exports (Business Day, August 18, 2014)

Food sub-sector dominates Nigeria’s $3bn non-oil exports (Business Day, August 18, 2014)

The food and allied products sub-sector dominated the $2.97 billion Nigeria’s non-oil exports in 2013, BusinessDay research has shown. “Cocoa and cocoa preparations have continued to dominate the top 10 products exported from Nigeria to different parts of the world,” said the Nigerian Export Promotion Council (NEPC), headed by Olusegun Awolowo, in a recent release […]

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Five Sectors On The Rise In Africa (Ventures Africa August 4, 2014)

Five Sectors On The Rise In Africa (Ventures Africa August 4, 2014)

  VENTURES AFRICA – For many Westerners, a word-association response to the word “Africa” would probably not elicit much in the way of economic sectors, especially given the widespread unrest and pandemic disease that so dominate media reports about the continent. Africa, however, is a very large continent, with a broad spectrum of cultures and […]

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