TAG: AGRICULTURE

Seasamum Seeds, now number 1 Agric Exports from Nigeria (2017 Q1)

Seasamum Seeds, now number 1 Agric Exports from Nigeria (2017 Q1)

Seasamum Seeds rose to the top of Nigeria’s Agricultural exports for the first quarter of 2017 according to data from the National Bureau of...


Another N600 million CBN grant on its way to farmers for rice and tomato production

Another N600 million CBN grant on its way to farmers for rice and tomato production

Farmers in Gombe state now have cause to cheer as the Central Bank of Nigeria (CBN) yesterday said it will disburse the sum of...


The U.S Consulate is using fish processing to improve livelihoods of Makoko youths

The U.S Consulate is using fish processing to improve livelihoods of Makoko youths

A truly golden...



#PMBMidterm: Bucket list of all the ‘economic achievements’ of the Buhari administration

#PMBMidterm: Bucket list of all the ‘economic achievements’ of the Buhari administration

The presidency yesterday, released its mid-term factscheet just in time for the May 29 Democracy day celebrations. The factsheet was organised into three categories, economy,...


FG includes additional loans in 2016-2018 external borrowing plan

FG includes additional loans in 2016-2018 external borrowing plan

The federal government has sought the approval of the National assembly to take additional loans under the 2016-2018 external borrowing plan. Acting president, Professor...


Nigeria remains in recession as nation records 5th consecutive negative quarterly GDP

Nigeria remains in recession as nation records 5th consecutive negative quarterly GDP

The National Bureau of Statistics has revealed that Nigeria recorded a 2017 first quarter GDP growth rate of -0.52%. This confirms that Nigeria is...


Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016

Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016

This is Nairametrics recap of some of the top company/industry stories that were in the news for the week ended May 20th 2017.  ...


Alert: Microsoft announces plans to deliver Cloud services from Datacentres in Africa

Alert: Microsoft announces plans to deliver Cloud services from Datacentres in Africa

Microsoft’s new investment will provide highly available, scalable, and secure cloud services across Africa with the option of data residency in South Africa (...


Full Excerpt of the Executive Order on Ease of Doing Business

Full Excerpt of the Executive Order on Ease of Doing Business

The Acting President of Nigeria, Professor Yemi Osinbajo on Thursday signed three executive orders which is expected to significantly change some of the ways government...


Dangote shuts down tomato factory. Again.

Dangote shuts down tomato factory. Again.

Nairametrics|Barely three months after resumption, Africa’s richest man Aliko Dangote has been forced to close it down again, due to a tomato pest invasion....


In secret, corporates come clean about their outlook for the economy

In secret, corporates come clean about their outlook for the economy

The recently concluded Renaissance Capital Annual Pan-African Conference aptly titled Stability is Returning, provided us with a unique insight into Nigeria’s economic outlook for...


Here is a bucket list of why local rice is now more expensive than foreign rice

Here is a bucket list of why local rice is now more expensive than foreign rice

One of the biggest policy thrust of the Buhari Administration is its push for the development of the agricultural sector, with focus on growing...


The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

Summary of the top business, economic and political news in Nigeria today.    Over $163.7m was spent to hire pre-shipment agents to monitor Nigeria’s...


Capital Importation into Nigeria by Sector  (2007 – 2016)

Capital Importation into Nigeria by Sector (2007 – 2016)

Nairametrics| Data from the Central Bank of Nigeria shows Nigeria attracted a total of $5.1 billion in capital importation for the fiscal year ended...


The Nigerian Economy Today 12/5/2017

The Nigerian Economy Today 12/5/2017

Summary of the top busniess, economic and political news in Nigera.   A team from the Enforcement Department of the Federal Inland Revenue Service...


These 8 firms have been closed for tax evasion; here are their names

These 8 firms have been closed for tax evasion; here are their names

Several millions...


The Nigerian Economy Today 11/5/2017

The Nigerian Economy Today 11/5/2017

Summary of the top buisness, economic and political news in Nigeria.   The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has...


The Nigerian Economy Today 10/5/2017

The Nigerian Economy Today 10/5/2017

Summary of the top business, economic and political news in Nigeria. The importation of sugar for local consumption would soon be a thing of...


Quick updates on Nigeria’s Sugar Master Plan

Quick updates on Nigeria’s Sugar Master Plan

Nairametrics|  The federal government is very keen on pursuing the National Sugar Master Plan and encouraging investors to key into the agricultural sector Minister...


The Nigerian Economy Today 9/5/2017

The Nigerian Economy Today 9/5/2017

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY Niger, Benin Republic pay $159.8m for power in...


Recession: Nigeria’s biggest companies cutback over N176 billion in investments in 2016

Recession: Nigeria’s biggest companies cutback over N176 billion in investments in 2016

Nairametrics| A compilation of top NSE 30, the leading index on the Nigerian Stock Exchange, reveal a whopping 26% cutback in cash spent on investments...


Nigeria: Time to change the old order of economic thinking around education

Nigeria: Time to change the old order of economic thinking around education

Nairametrics| 2017 is proving to be an interesting year for Nigeria. The headwind that seemingly cast the economy into the dark hole of the...


The Nigerian Economy Today 3/5/2017

The Nigerian Economy Today 3/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Forex: CBN bars 16 banks from SME window...


Crony Capitalism: Is Erisco Foods Overly Dependent On Government?

Crony Capitalism: Is Erisco Foods Overly Dependent On Government?

Nairametrics| The ban on import of tomato paste and increase in tariff for tomato concentrate has started yielding positive benefit as Erisco foods has...


Skepticism and 3 Other Reasons Food Prices are still on the Rise

Skepticism and 3 Other Reasons Food Prices are still on the Rise

Some possible...


The Nigerian Economy Today 13/4/2017

The Nigerian Economy Today 13/4/2017

Summary of the top business, economy and political news in Nigeria. NAIRAMETRICS BUSINESS & ECONOMY Official: Here Is How Much You Can Make For...


The Nigerian Economy Today 11/04/2017

The Nigerian Economy Today 11/04/2017

Summary of the top business, economy and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Nigeria, others to export 1.48m barrels of oil to...


Will CBN’s Latest Move Against The Black Market Work?

Will CBN’s Latest Move Against The Black Market Work?

Nairametrics| The Central Bank of Nigeria issued a press release on Monday confirming that on Friday 7th April 2017 it auctioned the sum of US$418...


Timeline: Forex Decisions Taken By The CBN Since February 2017 (Updated April 10 2017)

Timeline: Forex Decisions Taken By The CBN Since February 2017 (Updated April 10 2017)

Nairametrics| The reign of Godwin Emefiele as CBN Governor will perhaps go down in history as one of the most tumultuous and controversial ever....


What Nigerian Companies Were Up to Last Week By @Ugodre

What Nigerian Companies Were Up to Last Week By @Ugodre

Nairametrics| Roundup of Company News from Nigeria for the week ended April 8, 2017. 1. Access Bank is in the final year of its...