On the sidelines of the WEF in Abuja, the Vice Chairman of Dangote Group and Executive Head of the Nigeria Agribusiness Group, Alhaji Sani Dangote, spoke on the move by his company to partner with the Federal Ministry of Agriculture and Rural Development and donor agencies to produce high energy nutritious foods valued at $50 million, to check hunger and malnutrition among African children.

Customers of the top five banks gained N7.67 billion in 2013 through the reduction in Commission on Turnover (CoT) charges mandated by the Central Bank of Nigeria (CBN).

The decision of the Central Bank of Nigeria (CBN) to increase cash reserve ratio (CRR) on private sector deposits has proved ineffective in curbing excess liquidity in the interbank market.

Another factor that must be overcome is the fact that most entrepreneurs in the country reside within the city of Abuja. Business enterprise needs to be spread about the country rather than in just the city.

Nigeria’s online retailer, Konga.com made a transition recently from being just a retailer to a marketplace. The implication is that it is no longer only in the business of buying and selling, it now grants access to other businesses to trade using its platform. The firm said the transitio is landmark.