Nigeria has a land area of 923,768 km² with its administrative headquarters in Abuja while Lagos state remains its commercial capital since the capital was moved from the most populated state to Abuja on December 12, 1991. With the 36 states and the FCT sharing the 923,768 km² landmass, the land area of each of … Read more
Nigeria houses 36 federating states that are also interwoven by boundaries. No state lives in isolation, they are interconnected with one other. The inter-connectivity of the states which make Nigeria as one plays a significant role in the promotion of local trade and business. In one of our guides, we shared with you 15 states … Read more
There are about 364 approved international border points in Nigeria. 71.62% of land borders in Nigeria are located in the North-East and North-West, according to Nigeria’s Former Chief of Defence Staff Gen. Lucky Irabor. Takeaways: This article explores Nigerian states that share international border points with other countries. With a landmass of 923,768 km², Nigeria shares … Read more
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 … 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” … 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 … 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, … Read more
In April 2020, the Court of Appeal of Nigeria introduced an alternative e-payment for filling of a Court process because of the pandemic The Acting President of the court Justice Monica Dongban-Mensem stated Court of Appeal REMITA was designed to reduce contact between court officials and legal practitioners filing the appeal during and post COVID-19 era. … Read more
Dr Ezra Yakusak will replace Mr Segun Awolowo as the Chief Executive Officer (CEO) of the Nigerian Export Promotion Council (NEPC). Segun Awolowo, the grandson of the late sage Chief Obafemi Awolowo, was first appointed by the administration of former President Goodluck Jonathan in November 2013. And he was reappointed for a second term as … Read more
Since the Federal government through the Nigeria Export Promotion Council (NEPC) announced its determination to scale up revenue from non-oil exports, the number of exporters in Nigeria has dramatically increased. Most of them can be found in the international Business to Business (B2B) marketplace. Nigeria’s major non-oil exports that could yield billions of US Dollars … 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 … 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 … Read more
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 … Read more
Since Gulder Ultimate Search or GUS took off in 2004, the show, which has been described as the most “uncensored” show ever has produced several winners. Odudu Otu is the reigning champion of season 12 which came to an end on December 25, 2021, after finding the Chest which houses the secret of the proverbial … Read more
In September, we all looked forward to the launching of eNaira, Central Bank Digital Currency (CBDC) by Nigeria’s apex, but a few hours to the D-day, the CBN rescinded his decision about the launch. While everyone was eager about how the eNaira would help their businesses, the CBN didn’t give a reason for the postponement. … Read more