Nigeria explores ways to boost trade with Brazil
Businessam Staff
September 19, 2017
Emmanuel Ibru, the President of the Nigeria-Brazil Chamber of Commerce and Industry announced Tuesday that the chamber was exploring ways to increase trade between Nigerian and Brazilian businessmen. In an interview with News Agency of Nigeria (NAN) in Lagos, Ibru made the announcement, saying that the two countries had a lot to gain through increased […]
More investment returns are abound in Nigeria, Onyeama tells US investors
Businessam StaffSeptember 19, 2017
Geoffrey Onyeama, Nigeria’s minister of foreign affairs, said investors from the United States will get a higher return on investment from the country than anywhere else in the world. According to NAN’s report, the minister made this statement while speaking at the Nigeria-US Business and Investment Forum in New York alongside Okechukwu Enelamah, minister of […]
RMAFC calls for exploration of resources in agric, tourism, solid minerals
Businessam StaffSeptember 15, 2017
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has urged all states and local governments to show a serious commitment to providing enabling environment to exploit potential in tourism, agriculture, and solid minerals. The commission made the call in a communiqué signed by Ken Kayama, Chairman, Fiscal Efficiency, and Budget Committee of the commission according […]
Nigeria’s Kano state expresses interest to partner Lagos on economic development
Businessam StaffSeptember 15, 2017
Gov. Abdullahi Ganduje of Kano state has expressed the readiness of his administration to partner with Lagos state to develop a synergy on the economy for the development of the two states. Ganduje gave the assurance when a team of economic experts from Lagos led by the state Commissioner for Economic planning and Budget, Akinyemi […]
Nigerian bakers call on FG to intervene in high cost of baking materials
Businessam StaffSeptember 15, 2017
The Master Bakers and Confectionery Association of Nigeria in Osun has called on the Federal Government to urgently intervene in prices of baking materials, as the high cost was ‘killing’ the bakery business. AbdulGaniyu Onaopepo, the Chairman of the association made the call in an interview with the News Agency of Nigeria (NAN) in Osogbo Friday. […]
Nigerians should embrace agriculture for economy growth, Brazil’s Figueiredo says
Businessam StaffSeptember 12, 2017
Amb. Maria Figueiredo, the Consul-General of Brazil in Lagos Tuesday urged Nigeria to emulate Brazil in the development of her agriculture, to help it completely get out of the recession. Figueredo, according to NAN, gave the advice in Lagos at a Breakfast Meeting to announce the forthcoming Nigerian Association of Chambers of Commerce and Industry […]
Osinbajo urges all tiers of gov’t to adhere to fiscal discipline, enhance revenue generation
Businessam StaffSeptember 11, 2017
Yemi Osinbajo, the Nigeria’s Vice President, has urged the three tiers of government to ensure adherence to fiscal discipline, enhance revenue generation, and rational allocation, according to NAN. He also called on them to be conscious of the efficient use of resources for Nigeria to achieve sustainable growth. Osinbajo gave the advice at the opening […]
Forex rate, real reason commodities prices still high amid improved economy, MAN chief says
Businessam StaffSeptember 8, 2017
Frank Jacob, an industrialist, and president of Manufacturers Association of Nigeria (MAN) said Friday that the prices of domestic commodities still remain high because the naira-dollar exchange rate is still high. Jacob told the News Agency of Nigeria (NAN) in Lagos that manufacturers are still burdened by the high cost of importation, as the current exchange rate […]
Nigeria’s gov’t supports foreign investors on nickel project to realize economic diversification plan
Businessam StaffSeptember 7, 2017
Nigeria Federal Government has declared support for the success of nickel project and other investors in the mining sector, in the bid to actualise its economic diversification plan. Kayode Fayemi, the Minister of Mines and Steel Development, said in a statement signed by Olayinka Oyebode, the minister’s Special Assistant on Media in Australia Thursday. Oyebode quoted […]
Experts task Nigeria’s FG on strengthening monetary, fiscal policies
Businessam StaffSeptember 6, 2017
Financial experts Wednesday advised the Federal Government to strengthen the current monetary and fiscal policies which exited the country out of economic recession. The experts gave the advice in separate interviews with the News Agency of Nigeria (NAN) in Lagos while reacting to the second quarter report of National Bureau of Statistics (NBS) which indicated […]