Natural Resources in Nigeria

9 Major Barite Producing States in Nigeria

Apart from crude oil which constitutes over 90 per cent of its revenue, Nigeria is blessed with more than 40 natural resources that can be found in different parts of the country. What Are Natural Resources? Natural resources are resources that exist on earth without any action from mankind which can be put into use … Read more

100 for 100 PPP CBN Loan Application Process

100For100 PPP CBN Loan Application Portal

Companies that source at least 50 per cent of their raw materials locally, have the potential to contribute to Nigeria’s foreign exchange, and have export value potential among other requirements can apply for the 100 for 100 Policy on Production and Productivity (PPP). It is an initiative of the Central Bank of Nigeria (CBN) to … Read more

Ministers in Nigeria During Ibrahim Babangida Military Regime (1985-1993)

ministers_in_nigeria_during_ibrahim_babangida_military_regime

The excessive use of coercion and selective arrest of civilians during the regime of Major Gen. Muhammadu Buhari led to the downfall of his government. His Chief of Army, the ambitious Ibrahim Badamosi Babangida kicked Buhari and his deputy Maj.-Gen. Tunde Idiagbon out of office through a military coup.  Although IBB’s coup like every other … Read more

Top 10 Best African Countries For Investment According To Rand Merchant Bank

where_to_invest_in_africa_2021_best_investment_destination

Nigeria’s major competitive advantage in terms of investment is its population while other parameters are not favourable to a country that prides itself as Africa’s biggest economy. Over the years, its big economy which largely depends on oil revenue has failed to translate to an improved standard of living of its millions of people who … Read more

5 Ways 100 for 100 Policy Will Crash US Dollar Exchange Rate in Nigeria

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For close to three decades, Nigeria’s economy has depended largely on the importation of finished products, even some indigenous manufacturing companies import raw materials. To put a stop to an importation economy, the Central Bank of Nigeria (CBN) on October 25, 2021, launched the “100 for 100” Policy on Production and Productivity (PPP). The laudable … Read more

Full List of Banks in Nigeria

CRR Contributing Deposit Money Banks in Nigeria Certified By CBN

Commercial banks in Nigeria (Deposit Money Banks) operate under seven different categories of banking licences issued by the Central Bank of Nigeria (CBN). They are: Commercial banking licence with international authorization Commercial banking licence with national authorization Commercial banking licence with regional authorization Non-interest banking licence with national authorization Merchant banking licence with national authorization … Read more

8 Steps To Apply For Federal Government Homes on National Housing Programme Portal

Federal Government Homes on National Housing Programme Portal

From one-bedroom to 2-bedroom, and 3-bedroom apartments, interested Nigerians can now apply for homes on the National Housing Programme (NHP) portal which was made public on Friday, November 12, 2021, in Abuja, the Federal Capital Territory. Note: The featured image shows one of the apartments in Oyo state The core mandate of the NHP is … Read more