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HOW TO GROW ONIONS PROFITABLY IN SOUTHERN NIGERIA

Introduction Onion is usually costly in Nigeria during the dry season because it is only grown in the North. Planting in the South according to Southern seasons, you will be able to supply to the market at the times onions are usually scarce and costly. This makes planting onions in southern Nigeria profitable. If you […]

BLACK SEA GRAIN INITIATIVE HELPS STABILIZE GLOBAL FOOD MARKETS

The UN-brokered Black Sea Grain Initiative is reintegrating much-needed grains into global markets and contributing to bringing down prices of basic staples across the world. The agreement was signed in Istanbul by the Russian Federation, Türkiye, Ukraine, and the United Nations on 22 July 2022 to help stabilize spiraling food prices worldwide and prevent a […]

Nigeria’s 56% Agricultural land is not in use

“Nigeria’s 56% of Agricultural land is not in use” The Federal Government said on Thursday that a lot of opportunities abound in the agricultural sector as over 56 percent of available agricultural land was still not in use. The Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar, stated this in Jos on Thursday while […]

HOW SMEs CAN TAP EXPORT OPPORTUNITIES

An expert has advised small- and medium-scale enterprises to leverage Nigeria’s economic opportunities by exporting their products. Speaking at a one-day seminar on Wednesday held in Abeokuta, organized by the Nigerian Export Promotion Council, NEPC, in conjunction with the Ogun State Chamber of Commerce Industry Mines, the Managing Director /CEO of XPT Logistics International Limited, […]

HOW DIGITAL CONNECTIVITY FACILITATES INCLUSIVE GLOBAL TRADE

How digital connectivity facilitates inclusive global trade A new report shows how UNCTAD’s customs automation program, ASYCUDA, helps developing nations increase customs revenues while reducing the time and cost of a trade.   UNCTAD has released a new compendium featuring the experiences of 22 countries participating in its Automated System for Customs Data (ASYCUDA) program. […]

AFREXIM Bank to collaborate with NEXIM

AFREXIM Bank to collaborate with NEXIM African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund that will provide early project preparation financing and technical support services to public and private sector entities operating in Nigeria’s trade sector. Under the terms […]

CBN BANK RATES

12/9/2022 US DOLLAR 435.5 12/9/2022 POUNDS 508.6 12/9/2022 EURO 442.82 13/09/2022 US DOLLAR 427.6 13/09/2022 POUNDS 500.68 13/09/2022 EURO 434.02 14/09/2022 US DOLLAR 428.07 14/09/2022 POUNDS 494.4 14/09/2022 EURO 428.29 16/09/2022 US DOLLAR 428.61 16/09/2022 POUNDS 487.47 16/09/2022 EURO 427.08 19/09/2022 US DOLLARS 435.5 19/09/2022 POUNDS 495.25 19/09/2022 EURO 434.42 20/09/2022 US DOLLLARS 429.18 20/09/2022 […]