Business

Drug trafficking through ports threatens Nigeria’s trade reputation, economy — Report

By Providence Ayanfeoluwa Nigeria’s growing exposure to drug trafficking through its seaports is posing a serious threat to the country’s international trade reputation, economic competitiveness and investment prospects, the Sea Empowerment & Research Center (SEREC) has warned. In its July 2026 Policy Bulletin released yesterday, SEREC said the persistent use of Nigerian seaports as transit routes […]
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2015: Bulls’ll come back and act again

Shareholders are optimistic that bulls will return to the Nigerian capital market in 2015. Also, expectations are high given that for about seven years now, the insurance sector has not given dividend and bonuses but in this interview with investors’ forum, shareholders reveal that the insurance sector will give out dividend and more dividends will come from other companies.

Challenges of converting water hyacinth to fertiliser

Over the years, the littering of water hyacinth along the water ways in Lagos State has continued to pose a major challenge to several administrations in the state. The menace caused by this water weed has forced several residents, especially fishermen and transporters to abandon several waterways, even as a lot of damages have been done on the propellers of boats.

Aliko Dangote’s humble drive to the top

Alhaji Aliko Dangote is from a very wealthy family in Kano. He is related to the late Alhassan Dantata, who was reputed to be one of the wealthiest Hausa merchants in Kano as at the time of his demise in 1955. However, his wealth dwindled as it was shared among 18 children.

The falling price of Crude Oil, and the impact on developing economies like Nigeria

Approximately forty years after the OPEC stranglehold on western Economies, in what was to nations like Nigeria an “oil Boom”, a real threat has emerged that may forever loosen the grip of the paling Cartel. In what may be a historical payback for the 70s oil boom, Shale oil: an equally ‘clean’ alternative has driven global oil prices into a price ravine.

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