Business

India-Nigeria trade hits $9bn as firms deepen local production

India-Nigeria trade hits $9bn as firms deepen local production

By Yinka Kolawole India-Nigeria bilateral trade rose by 26 per cent to about $9 billion in 2025–26, from $7.13 billion recorded in 2024–25, as economic ties between both countries deepen beyond oil and commodities into manufacturing, healthcare, energy, technology and job creation. The Indian High Commissioner to Nigeria, Abishek Singh, disclosed that more than 200 Indian […]
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‘Brands are created to satisfy an identified market’

‘Brands are created to satisfy an identified market’

Looking at Nigeria’s marketing environment, one can say without any equanimity that branding efforts by most organizations are not yet it for now. In this area, I want to categorize businesses in Nigeria in to two – the indigenous and multinational businesses. For the multinationals, one can say they are trying as they are marketing driven. They have supported their businesses with good branding efforts.

ITF trains 74,000 youths in technical, vocational Skills

ITF trains 74,000 youths in technical, vocational Skills

The Industrial Training Fund (ITF), has trained 74, 000 young Nigerians in different technical and vocational skills, said Director General, Mrs. Juliet Chukkas Onaeko. Speaking at a stakeholders’ engagement forum in Lagos, themed: “Zero Oil Policy and Economic Growth: The ITF Perspective,” Onaeko said that the training programme was ongoing. According to her “So far, 74, 000 young Nigerians have been trained in different technical and vocational trade areas. Some of the trainee secured employment immediately after completion of their training, while a large number of them have established businesses of their own and are doing well.”

Shoptomydoor, MasterCard offer free ocean shipping with 0.10.20 promo

Shoptomydoor, MasterCard offer free ocean shipping with 0.10.20 promo

Nigeria’s international online shop, Shoptomydoor.com and payment processor, MasterCard have entered into partnership to reward international shoppers through a free ocean shipping service. The promo will see MasterCard holders from all Nigerian banks enjoying an exclusive 12.5 per cent discount from Shoptomydoor.com for all purchases shipped through their platform from March till June 30th, 2015.

NIM inducts UBA senior executives

NIM inducts UBA senior executives

The Nigeria Institute of Management, NIM has inducted over 100 senior executives of United Bank for Africa into the membership of the institute as professional managers. At the induction at the UBA head office in Lagos, the Group Managing Director of UBA, Philip Oduoza while congratulating the inductees and commending NIM for the training, said the programme was a great opportunity for UBA as it will help the senior executives not only become professionals managers but also update their skills and knowledge.

Lafarge Distributors Win Cars, Cash Prizes  and  Gargets at Lafarge Customers’ Award

Lafarge Distributors Win Cars, Cash Prizes  and Gargets at Lafarge Customers’ Award

It was a reward of loyalty for many distributors of Lafarge Africa Plc who smiled home with valuable prizes including cars, cash and electronic gadgets at the 2014 Partners Award. The event, which held in Lagos saw Alhaji. Olasunkanmi Olaoshun of Temitope Enterprises emerge as the First National Winner and went home with a brand new Sport Utility Vehicle, while Engr. Basiru Atinsola, CEO, Oyinbashy Enterprises came second and smiled home with a Hyundai Sonata Executive Car.