Thursday 27th July 2017,
Hope for Nigeria

Browsing the "Business" Category

The Akwa Ibom State Toothpick and Pencil Factory

First Toothpick And Pencil Factory In Nigeria (Photos)

The Akwa Ibom State Toothpick and Pencil Factory is located along Km 2, Uyo-Etinan Road,Ekom Iman,Etinan LGA. See photos below:           [...]

June 5, 2017 Business
Made in Nigeria

Made in Nigeria: Man Built Mercedes G-Wagon

Made in Nigeria: Man Built Mercedes G-Wagon. See more photos…         [...]

March 31, 2017 Business
Adidas Yeezy Boost

See What He Got After Ordering Kanye’s Yeezy 350 Boost…lol (photos)

Someone ordered for one of his trainers, the Adidas Yeezy Boost, and what was delivered was something entirely different. The delivered footwear looked like something fashioned out of a blanket. Lol, this is a serious bad market for Kanye West. [...]

March 26, 2017 Business
Traders In Tears And Pains As Goods Worth Millions Destroyed As Rivers Govt. Demolishes Popular Port Harcourt Market

Traders In Tears And Pains As Goods Worth Millions Destroyed As Rivers Govt. Demolishes Popular Port Harcourt Market

Rivers Govt. Demolishes Popular Port Harcourt Market – Traders in Rivers said they had lost goods worth millions of naira following the demolition of the Rumuwoji temporary market in Port Harcourt. Mr Eddy Bright, President-General, Rivers State Traders Union, told [...]

March 20, 2017 Business
Mr. Nduka Udeh

‘Lack Of Coordination Killing Export Business In Nigeria

For government to get the export sector right, the exchange rate must be look into, this formed the opinion of the chief executive officer of Simplified Corporate Logistics (SCL), Mr. Nduka Udeh in an interview with OLUSHOLA BELLO. In this [...]

March 19, 2017 Business
Aliko Dangote Opens Coal Mine In Tanzania

Aliko Dangote Opens Coal Mine In Tanzania

Aliko Dangote Opens Coal Mine In Tanzania Aliko Dangote is now a coal miner as Tanzania has offered his Dangote Cement Company in the southeastern town of Mtwara, land to mine coal for its operations. Tanzania’s Ministry of Energy and [...]

March 13, 2017 Business
US To Invest $1b Into Nigeria’s Power Sector

US To Invest $1b Into Nigeria’s Power Sector

Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest about one billion dollars on the power sector in Nigeria, the programme’s coordinator, Mr Andrew Herscowitz said. Herscowitz announced this [...]

February 15, 2017 Business
Aliko Dangote

Dangote Aims 3,000 Jobs With Truck Assembly Plant

Aliko Dangote, Nigerian entrepreneur, aims to create 3,000 jobs with the establishment of a truck assembly plant in Ikeja, Lagos. The plant is the result of a partnership between the Dangote group and Sinotruck, a Chinese heavy-duty truck company. “The [...]

January 17, 2017 Business

BREAKING: KIA Automobile Leaves Nigeria, As Buhari Crashes The Economy.

Nigeria, the world third fastest growing economy in 2013/2014 was hit with another sad news today, as a leading automobile company, KIA Automobile Nigeria may announce their intention to pull out of Nigeria if  the bad economy climate created by Buhari out-dated and hostile [...]

December 9, 2016 Business, Economy, General, Government and politics
Nigerian Breweries Plc

Nigerian Breweries Plc: Investors Buck Slide in Share Price

It appears investors are no longer sure-footed on Nigerian Breweries Plc, NB, following conflicting signals from the last nine-month results, 9M’16. Though huge volumes of the stock are traded daily on the Nigerian Stock Exchange, NSE, the share price dynamics [...]

November 29, 2016 Business
foreign rice in Ebonyi State

FG Supports Ban On Foreign Rice In Ebonyi

ABAKALIKI—The Federal Government says it is in support of the ban on the sale of foreign rice in Ebonyi State. Governor David Umahi of Ebonyi State had banned the sale of imported rice in the state, saying that this was [...]

November 28, 2016 Business

BREAKING: Buhari To Jail Nigerians That Delay In Spending Their Dollars.

The failed Nigeria President, Muhammadu Buhari is re-introducing his 1984 foreign exchange policy, as his government is proposing an amendment to the Foreign-Exchange Act to enable the imprisonment of anyone who refuses to spend or holds their foreign currencies for [...]

November 21, 2016 Business, Government and politics
Asia Newson

Meet This Amazing 11-Year-Old CEO Who Is So Good, She Can “Sell Dust To A desert”!! [VIDEO]

At 11-years-old, Asia Newson has been running her business for more than half her life. She makes and sells candles under her company, Super Business Girl. Part of her mission is to inspire other young people to explore their talents. [...]

October 5, 2016 Business
Goodluck Jonathan hits big Money selling Fishes in Abuja (SEE PHOTOS)

Goodluck Jonathan hits big Money selling Fishes in Abuja (SEE PHOTOS)

Goodluck Jonathan hits big Money selling Fishes in Abuja – Former president Goodluck Jonathan has hit big money selling fishes at his farm in Abuja, Nigeria’s capital. Reports said that Jonathan’s fish farm, which he opened early in 2015, has [...]

September 23, 2016 Business
Nigerian Businesses To Shutdown Nationwide

Nigerian Businesses To Shutdown Nationwide, As Power Sector Set To Collapse Completely On Buhari….

Nigerian Businesses To Shutdown Nationwide: There are strong indications that many businesses across the country, might shutdown in the coming weeks, following an imminent collapse in the power sector, Post-Nigeria gathered. According to the Managing Director and Chief Executive ‎Officer, [...]

September 21, 2016 Business
A former Special Adviser in Eket Local Government, Chief Joseph Edoho has advised the youths of Akwa Ibom State to desist from working with dubious and jobless white men who take advantage of them while working to paint the state in bad light and making quick money from the state.

“Don’t Partner With Dubious White Men” – Politician Advises Akwa Ibom Youths

 while working to paint the state in bad light and making quick money from the state. He gave the advice while chatting with news men in his office in Uyo. “It’s high time our youths look for something meaningful to [...]

September 14, 2016 Business
The Next Titan Show

MTN Next Business Titans Reality TV Show Debuts

MTN Business Next Titans has made its debut on national and terrestrial television stations. Aired, for the first time, weekend, the television reality show takes into account the current drive for entrepreneurship, among the over one million Nigerian youth population, [...]

September 5, 2016 Business
First Nation Suspends Operations

Another Airline, First Nation Suspends Operations

First Nation Suspends Operations: Another domestic carrier, First Nation Airlines, has suspended its operations, the Nigerian Civil Aviation Authority has said.       This is coming in less than 24 hours after Aero Contractors Airlines, Nigeria’s second-largest commercial carrier [...]

September 2, 2016 Business
Governor Ikpeazu Woos British Investors

Abia: Governor Ikpeazu Woos British Investors To ‘SME Capital Of Nigeria’

Governor Ikpeazu Woos British Investors – Okezie Ikpeazu, governor of Abia State, has restated his government’s commitment to provide enabling environment for trade and commerce to thrive in the state.     Governor Ikpeazu who was speaking when he paid [...]

September 1, 2016 Business

Buhari Concludes Plan To Sell NLNG, Stake In JVCs To Arab Businessmen From UAE

At his wits end over how to raise money and keep the Nigerian economy from collapsing completely, President Muhammadu Buhari is about concluding plans to sell off prized national assets to investors form the Middle East. Nigerian Times learnt from [...]

August 30, 2016 Business
Bottled Water is Unhygienically Produced in Nigeria

How Bottled Water is Unhygienically Produced in Nigeria Surfaces

Bottled Water is Unhygienically Produced in Nigeria – Nigerians have been taken aback with a recent discovery of a quack ‘pure water' factory where bottle water has been produced manually under unhygienic conditions.       This video of a [...]

August 30, 2016 Business

End Of Business For Vanguard As IPOB Begins Mass Boycott Of Its Newspaper In South East, South South

End Of Business For Vanguard As IPOB Begins Mass Boycott Of Its Newspaper According to an eyewitness: “While on a commercial bus in Port Harcourt this morning heard from the car radio the DP. Director of Radio Biafra an FM stereo very [...]

August 29, 2016 Business
Another SA Company Exits Nigeria Over ‘Hostile Environment’

Another SA Company Exits Nigeria Over ‘Hostile Environment’

SA Company Exits Nigeria – Sun International, with 49 percent stake in Federal Palace Hotel, says it is leaving Nigeria, owing to “challenging economic conditions and regulatory dispute”. The hospitality and gaming company, which becomes the fourth major South African company [...]

August 24, 2016 Business
AG Leventis

AG Leventis Set To Raise Fresh Fund, Engages Foreign Investors

  There are indications that AG Leventis Plc will soon raise fresh capital to boost its business and turn around its dwindling performance occasioned by the economic meltdown.   The Executive Vice Chairman/ Chief Executive Officer AG Leventis, Michael Economakis [...]

August 22, 2016 Business
Skye Bank Downfal

The Untold Story Of The Skye Bank Downfall [MUST READ]

Skye Bank Downfall -Last week, the Central Bank of Nigeria (CBN) confirmed our worst fears when it stepped in and sacked the board of directors of Skye Bank Plc, a tier 2 bank, but systemically important enough to cause a contagion [...]

July 14, 2016 Business, Economy
Saudi Blackwater mercenaries

FG Paid $258m For Saudi Blackwater Mercenaries To Face N/Delta Militants

A Staff in The Royal Embassy of The Kingdom of Saudi Arabia in Nigeria has confirmed that the government of Nigeria and Saudi authorities have concluded plans to deploy Saudi Blackwater mercenaries to the Niger Delta region to tackle militants [...]

July 7, 2016 Business, Economy
Buhari’s Economic Policy

Buhari’s Economic Policy Made Me Lose ₦50 Billion – Dangote

Buhari’s Economic Policy  – In May this year, President Buhari refused any argument supporting devaluation of the naira. This policy affected many companies, including Dangote group.     At a meeting with members of the Council of Retired Federal Permanent [...]

June 29, 2016 Business, Economy
Alhaji Sa’ad Abubakar III

There Is No Food In Nigeria, Open The Borders For Rice Importation – Sultan Begs Customs

The Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has appealed to the Nigeria Customs Service, NCS, to consider the plight of Nigerians and open the borders to allow for the importation of food.     Speaking in his palace in [...]

June 15, 2016 Business, Economy

Nigeria Has Largest Number Of Enslaved People In Sub-Saharan Africa

subsahara – Nigeria has more enslaved people than any country in Sub-Saharan Africa, the Global Slavery Index 2016, released on Tuesday, has revealed.     The survey, conducted in 167 countries across the world by anti-modern slavery organisation, Walk Free [...]

June 1, 2016 Business, Economy
Kayode Fayemi

Invest In Nigeria And Enjoy Buhari’s Goodwill, Fayemi Tells British MPs

Kayode Fayemi, minister of mining and solid minerals, has called on British lawmakers and investors to come invest in Nigeria and enjoy the goodwill of President Muhammadu Buhari, which he said Nigeria is currently enjoying.     Addressing British parliamentarians [...]

May 21, 2016 Business, Economy