Tag: nigeria

NIGERIA: monetary policy

The Gross Domestic Product (GDP) in Nigeria was worth 448.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Nigeria represents 0.37 percent of the world economy.   The Central Bank of Nigeria unexpectedly slashed its monetary policy rate by 100 bps […]

Understanding the business opportunities in the Nigerian maritime industry

1. What are the primary laws applicable to the maritime industry in Nigeria? The primary laws applicable to the maritime industry in Nigeria are: The Merchant Shipping Act 2007; the Coastal and Inland shipping (Cabotage) Act 2003; the National Inland Waterways Act, N47 Laws of the Federation of Nigeria (LFN) 2004; the Nigerian Maritime Administration […]

PADOAN – metal tanks

We are an italian company specialist in metal tanks for industrial vehicles and machineries. All of the operative and strategic areas are based on the Italian headquarter on the north-east of Italy. With an experience of more than 80 years, today we can count on a Group of 4 companies: Padoan Srl, the Italian HQ; […]

ASTRA – IVECO 8×8

The Astra 8×8 is the largest and most heavy duty off-road vehicle available in the Iveco product line-up.  It’s unashamedly purpose-built to be totally functional and practical while filling the most demanding off-road applications.  Featuring huge ground clearance, a full-time 8×8 system with lockable diffs on all axles and a choice of two powerful horsepower options, the Astra is a true workhorse and […]

Nigeria: Gas diversification

Nigeria’s chronic power shortages have been a defining feature of the country’s path to sustainable economic development. As an oil-producing net importer of petroleum products, this makes the lack of investment in Nigeria’s own domestic energy infrastructure even more stark – a trend which must be reversed. The gas sector offers a more environmentally friendly […]

RICE MILL, NIGERIA

Nigerian business mogul Cosmas Maduka, one of Nigeria’s most successful businessmen, has built a rice processing mill in Anambra, a state in Nigeria’s southeastern region, at a reported cost of $35 million. According to a report by ThisDay, the rice mill which was constructed by Coscharis Farms, a subsidiary of the Cosharis Group which Maduka […]

Climate change in Nigeria

Climate change is not just about distant lands and peoples; it involves not only our neighbours, but also invests us, our country and mortgages our future days. As long as the desert wind blows, bringing the pride of the sand riders on the great lagoon and the ocean will have the strength to push the […]

Africa Agriculture Agenda

The real resources in agriculture are young people and water   President Akinwumi Adesinat  of the African Development Bank delivered a clarion call this weekend to global investors, political leaders and the business community “to put capital at risk for the young people of Africa”. He added that it was time for African governments to begin […]

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