A statement from the CBN reveal that the figure, which is for 2012, indicates an increase of 85 per cent over the two per cent growth of the agricultural sector share of banks’ credit five years ago. Also, data obtained recently from the Bankers Committee show that between July and November last year, the country’s lenders issued over N6 billion in credit guarantees to farmers.

The Federal Government has been urged to give more license to independent fuel marketers in the aviation industry to allow them import JET A1 otherwise known as aviation fuel as a fast remedy to the problem of scarcity of the products before it gets out of hand.

The Managing Director/Chief Executive Officer of the Bank of Agriculture (BOA) Limited, Dr. Mohammed Santuraki during the recently held Agriculture council meeting in Abeokuta took time out to talk on agriculture lending in the country, mechanization and why the bank remains the choice lending house for smallholder farmers in the country.

Recently, a report by Global Audit on Tobacco Survey (GATS) indicated that incidence of tobacco use in Nigeria is low, a report that may not go down well with the civil society groups that campaigned against tobacco smoking, advertisement and production.

It has been proved over and over again that Small and Medium Enterprises (SMEs) are the way to go if a nation wants to grow its economy. The reason is that SMEs are known to create more jobs than governments and with job creation, crime rate is reduced as more people and gainfully employed. With this at the back of their mind, MTN Nigeria, through its MTN Next Business Titan, a proudly Nigerian Entrepreneurial Reality TV Show for young Nigerian Entrepreneurs, sought to empower entrepreneurs who will create the much needed jobs for the teeming youths of Nigeria and help grow the nation’s economy.

Nigerian Air Force, NAF, has re affirmed its commitment to continue to work with the Nigerian Airspace Management Agency, NAMA to ensure that the security of the nation’s airspace is not compromised.

To enhance productivity, Bio-nergy Limited, a Biomass electricity solutions company has said that it will make power available for micro entrepreneurs, as an alternative power solution.

Resourcery Plc, a systems integrating company and its networking partners, Cisco have advised to oil and gas executives to embrace videon solutions to improve their operations. This advise was given at a one-day business seminar or business executives in the Oil and Gas sector.

By Princewill Ekwujuru Chief  Executive Officer of EXP Nigeria and organiser of the Africa Experiential Marketing Summit (AEMS), Wole Olagundoye has charged agencies in experiential marketing business and others to continually challenge conservative clients to embrace new thinking in the profession rather than  being scared of doing anything beyond traditional realms. Olagundoye, who spoke  recently […]

Manufacturers Association of Nigeria, MAN Ikeja branch, has expressed concern over numerous charges their members are made to pay to secure the Bank of Industry, BoI, loans, calling for immediate review and possible reduction.

…Says Jonathan needs inclusive growth to tackle poverty, create jobs …
Ndubisi Ifeanyi Nwokoma is Professor of Economics and Head of the Department of Economics, University of Lagos. He is a Fellow, Chartered Institute of Stockbrokers. Until recently, he worked at the United Nations Economic Commission for Africa, Addis Ababa , Ethiopia, as Chief of Financing, Industry and Investment in the Economic Development and NEPAD Division on a Leave of Absence from the University between 2010 and 2012. He also worked with Nigerian Stock Exchange, Lagos as the Special Assistant to the Director General/Chief Executive Officer.

Studies show that when women are supported and empowered, all of society benefits. Their families are healtheir, more children go to school, agricultural productivity improves and incomes increase.

A blockade on exports of liquefied natural gas (LNG) from Nigeria has been lifted following a partial resolution of a tax dispute between the gas firm and the maritime agency, the company said Friday.

AN Ibadan businessman, Mr Adisa Onifade has petitioned the National Assembly to launch a probe into the killings of 25 Ibadan traders earlier this month allegedly by members of the Boko Haram sect.

– Leading Telecommunications Service Provider, Airtel Nigeria has gone into a partnership with First Bank Nigeria Plc to offer Firstmonie Talkmore; the all-new, revolutionary mobile payment solution, to the public.