Category: Business

Companies in Lagos

There are so many companies in Lagos. Few of them and their services are provided below A DIFFERENT WORLD LTD (BALLOON) Departmental Stores (Clothing, Shoes, Toys, Games, Gift Items, Books), Babycare and Expectant-Mothers Items A & P FOODS LTD Manufacturers of Biscuits and Confectionery A GROUP PROPERTIES LTD Real Estate Development & Management· Estate Agents […]

Fixed Deposit Rates in Nigeria

Fixed deposit is a lump sum deposited with a bank for a varying period, in exchange for interest. You will need to have an existing account with the bank of your choice, and then you deposit the sum you want to fix into this account. You will then need to inform your bank of your intention […]

Interest Rate in Nigeria

In Nigeria, interest rate decisions are taken by The Central Bank of Nigeria, which is the institution set up for that particular purpose. The official interest rate is also termed as the Monetary Policy Rate (MPR). The central bank of Nigeria holds its benchmark interest rate steady at 14 percent at its November 2016 meeting. […]

How Much is iPad 4 in Nigeria?

There are many tablets being made today in Nigeria, but iPad 4 is undoubtedly one of the best. In fact, some are adjudging it as the best you can ever come by in Nigeria today. It comes with top quality features that makes it stand a head taller than several other brands and makes of […]

Consumer Price in Nigeria

The recent economic downturn in Nigeria is affecting virtually everything. These days, consumer goods have increased in price. A recent report actually has it that consumer price has risen by up to 92%. It is however unfortunate that salary and incomes do not increase at that same rate. This rate is the highest ever recorded […]

Unemployment Rate in Nigeria: Detailed Statistics

Nigeria’s unemployment rate had been on a consistent rise and in recent times, it rose for the seventh straight month to the highest it had been in recent years. The Nigerian employment rate was at 13.9 percent in the third quarter of 2016. The data for the 4th quarter of the year is yet to […]

Inflation Rate in Nigeria: Historical Trends

It seem like efforts to bring Nigerian inflation rate to a single digit are proven to be in vain, despite numerous promises made by the Central bank to achieve that within a particular period. At the beginning of last year CBN promised that by 2012 it will be able to bring inflation rate to a […]

Tax Rate in Nigeria: Historical Trends

Tax in Nigeria can be divided into corporate tax and personal income tax. The corporate tax is the tax imposed on companies and other organizations by the government and they are paid on annual basis. The personal income tax, on the other hand, is the tax imposed by the government on private individuals. Corporate income […]

50 Business Ideas in Nigeria with Low Capital

Check below for 50 business ideas you can start with low capital. Agricultural Sector The following are the areas of employment in the agriculture sector You can set up a small poultry farm Snail farming is also profitable What about Rabbit rearing and export? It has proved to be profitable too. You can also prepare […]

Crude Oil in Nigeria: Discovery, Developments & Projections

The petroleum industry in Nigeria is the largest all over the African continent. As of 2014, Nigeria’s petroleum industry contributes about 14% to its economy. Therefore, though the petroleum sector is important, it remains, in fact a small part of the country’s overall diversified economy The Crude oil found in Nigerian is mostly from the […]

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