The 2020 pandemic opened the eyes of dependent countries to hundreds of business opportunities in their backyard. Abia, one of the South-Eastern states is a sign that there are hundreds of untapped investments in the state. For instance, foreign investors trooped into the state after the 2020 COVID-19 pandemic, making it the third most destination […]
30 Business Opportunities in Abia State for Foreign Investors Read More »
Nigerian passport is one of the worst passports, ranking alongside Ethiopia, the two most populous African countries. The two most populated African countries are ranked 103 with 43 visa-free scores out of 116 in the world. The ranking, according to Henley & Partners, travel by investment and residence advisory firm, was based on the most
Top 20 Worst Passport In 2021 According to Henley & Partners Ranking Read More »
In 2020, Nigeria spent around $56.61 billion USD on imports while in the same year under review, products exported from Nigeria to international markets were around $34.54 billion USD. In economics and trade, that’s a trade imbalance or trade deficit of around $22.07USD, the data obtained from the National Bureau of Statistics (NBS) put the Naira value at
25 Best Marketplace To Find Foreign Buyers For Export Products Read More »
In 2018, a Nigerian woman was diagnosed with cancer, chemotherapy became a financial burden. Instead of being dejected by the disease which has killed millions of people globally, Victoria Okpanachi refused to submit her dream to cancer. She embarked on research on how to fight the growth of cancer organically. And her efforts paid off.
How Cancer Patient Victoria Okpanachi Uses Natural Spices To Suppress Cancer Read More »
There are more than 20 Nigerian non-oil products foreign buyers are searching for in the international market, you can tap from this goldmine if only you can find the right channel and know which products sell most in your target market. The point is: that Nigeria’s economic dependence on crude oil export is an indication
Top 11 Non-Oil Products in Nigeria Read More »
The latest announcement by the tech giant, Google, to invest $1 billion USD to support digital transformation in Nigeria, South Africa, and other African countries will particularly impact business activities on the continent. The US-based company said the investment would take a period of five-year and it’s aimed at reducing internet prices and increasing internet
2 Ways Google’s $1bn Internet Investment Will Help Entrepreneurs In Africa To Save Cost Read More »
The pressure on naira at the parallel market isn’t over as one USD was traded at N575 Wednesday, October 6, 2021 in locations like Allen, Opebi, Isale-Eko, and other parts of Nigeria’s commercial city At Challenge, Ibadan, Oyo State capital, the black market rate was between N575-N570/$1, depending on your negotiation power. On Binance peer-to-peer
US Dollar Goes For NGN575 At Black Market Rate Today October 6, 2021 Read More »
What is an estacode? An estacode is a payment allowance paid to an official of the government to cover their travel expenses and trips outside Nigeria, including lodging and feeding. Estacode Per Night For Government Officials As of December 3, 2023, the Federal Government’s agency that determines remuneration packages of political office holders in Nigeria, the Revenue Mobilization Allocation and
Estacode Per Night For Government Officials in Nigeria Read More »
Summary: Located in the Horn of Africa, Ethiopia is the second largest market in Africa and has enough resources to drive Foreign Direct Investment (FDI). The country’s huge investment in infrastructural development in the last 10 years is showing positive result while its rich soil is favourable to agriculture produce. As juicy as the country’s resources
20 Signals Foreigners Must Watch Out Before Investing In Ethiopia Read More »
When Nigeria adopted the Naira as its currency on January 1, 1973, the US Dollar was just 68 kobo to a Naira (less than one naira). However, today, 1 USD is worth N1,300 on NAFEM after the Central Bank of Nigeria stopped ‘subsidizing’ the value of the Nigerian currency. Here is the timeline of the
History of Official Exchange Rate in Nigeria From Gowon Regime to Present Read More »
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