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Economy + March 2019

CBN Partners 11 States On Palm Oil Production

The Central Bank of Nigeria (CBN) has begun partnership initiatives with 11 palm oil producing states with a view to reviving the sector. The apex bank said this move was in line with federal government’s resolve to return Nigeria as...
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NB Pioneers First Solar Powered Brewery

Nigerian Breweries (NB) and CrossBoundary Energy yesterday signed Heineken’s first solar project in Africa. The project is the first of its kind for Nigeria – a fully-financed solar Power Purchase Agreement for a major Nigerian business customer. CrossBoundary Energy will...
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Firm Unveils co-working Space for Entrepreneurs

NIKOY Nigeria Limited has inaugurated two new subsidiaries including a co-working space for budding entrepreneurs. The Chairman, NIKOY Nigeria Limited, Mr Olawale Oyedele, said at the inauguration of Work Hive Co-Work and Ace Wash N Dry Laundromat, on Saturday that...
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Nigeria, India to Expand N4.31trn Trade Ties

Nigeria and India are working on ways to enhance the N4.31 trillion ($12 billion) annual bilateral trade between them in a way that would focus on investment. This was disclosed by the Minister of Industry, Trade and Investment, Dr. Okechukwu...
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CAC Registers 73,000 Companies in Three Months

The Corporate Affairs Commission (CAC) has so far registered no less than 73,000 companies within three months under its cost-friendly Business Incentive Strategy (BIS) rolled out in October last year, Acting Registrar-General of the commission, Lady Azuka Azinge has said....
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