Category Archives: Nigeria News

Nigeria News

Digital Economy to Create over 3m Jobs, as Nigeria, Others Discuss Road Map in Geneva

Nigerian Minister of Industry, Trade and Investment Dr. Okechukwu Enelamah and Sec. Gen of United Nations Conference on Trade and Development (UNCTAD), Dr. Mukhisa Kituyi at the e-Commerce week in Geneva

It has emerged that financial services within Nigeria’s digital economy could add US$88 billion and create over 3 million new jobs over the next 10 years.

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UN reaffirms commitment to supporting Nigeria in addressing economic recession and North-East Crisis

The Resident and Humanitarian Coordinator of the United Nations in Nigeria, Mr Edward Kallon, has reaffirmed his commitment and that of the United Nations system in Nigeria towards supporting the country’s efforts aimed at addressing current challenges such as the current economic recession and responding to the ongoing humanitarian crisis in the North-East. “I am also aware of the numerous challenges in the middle-belt and in the south of the country”, Mr Kallon acknowledged during his one-week mission (10 – 14 April 2017) to Lagos State where he engaged Lagos State government, the private sector, the media and a few Federal Government parastatals. He further committed to supporting the government in implementing the recently launched Economic Recovery and Growth Plan (ERGP).

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Dangote will be the largest exporter of rice in 5 years to come

Akinwumi Adesina, president of the African Development Bank (AfDB), says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021

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Rex Tillerson, ExxonMobil and Africa: What to expect

Otavio Veras, Research Associate of the NTU-SBF Centre for African Studies

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African migrants reportedly being sold in ‘slave markets’ in Libya, UN agency warns

The International Organization for Migration (IOM) is sounding the alarm today after its staff in Niger and Libya documented over the past weekend shocking testimonies of trafficking victims from several African nations, including Nigeria, Ghana and the Gambia

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Analyses and recommendations for the structural transformation of West African countries

Among the 21 reports presented, four are from West Africa: Cabo Verde, the Gambia, Ghana and Nigeria

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Economically sustainable seed businesses to transform cassava production in Nigeria

L-R: Lawrence Kent, Senior Program Officer, Bill & Melinda Gates Foundation; Hemant Nitturkar, Program Director of BASICS; Folusho Olaniyan, Chief Executive Officer of Contact Consulting Nigeria; Alfred Dixon, IITA Director for Development and Delivery; and Graham Thiele, Director of the CGIAR Research Program on Roots, Tubers and Bananas, during the annual meeting of BASICS in IITA Ibadan

Seed sector professionals have said that businesses selling improved varieties and high quality cassava stems for cultivation could help African farmers significantly raise their productivity. This will mean more Naira from the same land, inputs and effort. The benefits of this raised productivity will be enjoyed by all the stakeholders across the value chain in a sustainable way.

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Business Pivotal to Addressing Structural Inefficiencies in the Continent

Currently intra-Africa trade stands at a mere 12% compared with about 40% in North America and about 60% in Western Europe

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Africa’s oil and gas industry set to meet at the 16th Africa Independents Forum in May

The 16th Africa Independents Forum, a key event on the international oil and gas calendar, will get underway in London on the 24th and 25th of May.

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South Africa to strengthen investment relation with Ghana and Nigeria.

South Africa will be strengthening its investment relation with Ghana and Nigeria as the country’s department of trade and industry recognizes Ghana and Nigeria as strategic partners within the West Africa region. In this regards, the dti will send a business delegation on a Trade and Investment Mission to Accra, Ghana and Lagos, Nigeria from 20-25 March 2017 with the objective to identify and create export markets for South African value-added products and services while creating business partnerships between business communities of the respective countries. Sectors to be focused on by the mission includes Agro- Processing; Electro-technical; Infrastructure, Mining and Capital Equipment.

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VDMA to hold 2017 agrofood & plastprintpack in Nigeria

From the 28 to 30 March, 2017, Fairtrade will be holding the 2017 agrofood & plastprintpack in Nigeria. “This year more than one hundred exhibitors from 19 countries are represented, making it a record participation”, says Leonie Ganser, project manager at fairtrade. “It is the first ever exhibition filling both halls of the Lagos Landmark Centre.”

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