Business

Dangote to launch own shipping fleet to boost maritime operation

Dangote to launch own shipping fleet to boost maritime operation

By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
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Stanbic IBTC: Nigeria ,China strengthen ties

Stanbic IBTC: Nigeria ,China strengthen ties

The strategic Relationship between Nigeria and China will be further strengthened as Mr. Jiang Jianqing, Chairman of Industrial and Commercial Bank of China (ICBC) Limited, visits the country.

Africa’s smallholder farmers to benefit from US$150b market for farm produce

Africa’s smallholder farmers to benefit from US$150b market for farm produce

Seven out of ten Africans earn their living by farming. According to researchers, the market for milk, meat, and staple food crops like maize, banana, sorghum, rice and millet within Africa is estimated at USD$150 billion a year—far exceeding Africa’s market for internationally traded cash crops like coffee, tea, and flowers. A year of record high food prices presents a unique challenge and opportunity for Africa. To benefit, African farmers must produce more food, but more importantly, they must have access to markets to sell their harvests at prices that benefit farmers and consumers.

Bank customers threaten litigation over missing fund

Bank customers threaten litigation over missing fund

A flurry of cases on “mysterious” disappearance of funds from bank accounts will soon be in the courts as bank customers insist on refunds for monies that were released by the banks without their authorisation NAN has reported
According to NAN’s report Bank customers have been complaining of unauthorised huge draw downs on their accounts in the last one year.