Since the oil was first discovered in 1956 in Oloibiri, the present-day Bayelsa State, Nigeria has made several billions of US dollars from the sales of oil. Since then Nigeria has become Africa’s number one producer of oil and number six on the global ranking. In 2018, Nigeria made $32.63 billion in revenue from the sales […]
League of 11 Oil-Producing States In Nigeria (UPDATED) Read More »
There are hundreds of investment opportunities in Nigeria, but one of the challenges is insecurity, from the North to South, West to the East, even the Federal Capital Territory, the seat of power, the government can’t adequately assure maximum security. As such, as a foreign investor or a potential investor, you should “shine your eyes”
12 Most Dangerous Highways in Nigeria Investors Should Tread With Caution Read More »
The six geopolitical zones in Nigeria are North East, North West, North Central (also known as Middle Belt), South East (comprises of majorly Igbo-speaking people of the defunct Biafra Republic ), South-South (also known as Niger Delta region), and the South West (majorly the Yoruba-speaking people). Creation of Nigeria’s six geopolitical zones The idea for the creation of Nigeria’s
6 Geopolitical Zones in Nigeria and Their States Read More »
The military regime of Gen Olusegun Obasanjo in 1976 approved the establishment of the Nigerian Export Promotion Council (NEPC) through Decree No. 26 of 1976 which has now become an Act. Obasanjo’s regime at the time said Nigeria needed to build a viable economy that can be sustained through agricultural products aside from crude oil,
Nigeria’s economy is wallowing in internal and external debts worth trillions of Naira, while the executive and the lawmaking arms are plundering the revenue, yet they are desperately in searching of means of paying off the debts and means of funding country’s 2022 budget. But a member of the House of Representatives at the National
With free entry into 192 countries, Japanese and Singaporean passports are the best passports in the world while Germany and South Korea take the second spot out of 116 in the world. The latest outcome of research by a London-based global citizenship and residence advisory firm Henley & Partners (H&P) has revealed. Most of the
Top 20 Most Powerful Passports in 2021 According to Henley & Partners Ranking Read More »
From being a private equity lawyer to a philanthropist without borders, Efe Ukala isn’t a woman you would find dolling out cash to anyone that comes her way. Rather, she travels across Africa with her team at ImpactHER to discover and identify women who have sound business ideas, support them morally, emotionally, technically, psychologically, and
Changing your Place of Primary Assignment (PPA) in the ongoing deployment process of the N-Power programme is possible if you carefully follow the process. CAUTION: Applying for redeployment is tricky, we urge you to first find out if there are vacancies in the new Place of Primary Assignment (PPA) you wish to move to. If
Applying for N-Power Redeployment in 10 Easy Steps Read More »
Somalia, Eritrea, Libya, South Sudan, and the Central African Republic are the top five worst African countries to do business, according to the World Bank. And those who have been following political development in these countries may not be surprised considering the fact that the crisis is peculiar to at least four of them. In
Worst African Countries To Do Business Read More »
With 1,380,614,641 people, making it the second most populated continent, Africa remains an investment destination for foreign investors who want to tap into the market strength of the continent. While the collective headcounts of Africa are significant, each of the countries has several measures in place in order to encourage Foreign Direct Investment (FDI). Interestingly, investors
20 Best Countries to Do Business in Africa Read More »
The best of Business news, in your inbox.
