Wednesday, January 10, 2018

Sterling Bank Nigeria To Host Non-Interest Banking Forum

Sterling Bank Nigeria plc will be organising a one-day public lecture on non-interest banking with theme: “Reducing Poverty and unemployment through Non-Interest Banking”. The event, which holds on January 15th, in Kano is in line with the lender’s  continuous bid to sensitize the public about non-interest banking, The event which is slated for the.
It is also part of the bank’s commitment to deepen the awareness and public enlightenment of alternative finance or non-interest banking in Nigeria.

See The Dangers of Using Somebody Else’s Debit, Credit Card

Credit and debit cards are handy tools for payment. They can be used online or in person, and it’s easy to use somebody else’s card. In fact, cards often get passed around, stolen, or otherwise used in ways that weren’t intended, according to www.thebalance.com.
 But credit cards are printed with an authorised cardholder’s name. If anybody else uses the card, the card user or cardholder faces serious problems.

Tuesday, January 9, 2018

Nigeria External Reserves Hit Four-year High at $40.4bn – CBN

The nation’s external reserves have hit a new level of $40.4bn, the Central Bank of Nigeria has stated.
The last time the foreign reserves hit the $40bn mark was January 2014, about five months before the crash in global oil prices. The foreign exchange reserves had reached a low of $23.6bn in October 2016.

Tuesday, September 15, 2015

Dried Hibiscus Flower Export From Nigeria


There are more than 300 species of hibiscus Flower found worldwide but in Nigeria, the red Hibiscus Flower is very common.

 Hibiscus Flower plant is grown more by Farmers in the northern part of Nigeria and it is usually harvested from late-December/early-January.
When dried, the red Hibiscus Flower (Zobo Leaves) is used to produce a popular heath drink/tea called Zobo In Nigeria.
 
In these days of low pricing of the Nigerian Crude oil in the international market, exporting the dried Hibiscus Flower has become a very lucrative export business that can bring in more Dollar flow into country.

Groundnut Oil Production Business in Nigeria



The high demand for groundnut oil nationwide and the short fall in supply due to the ban on the importation of the product by the federal government of Nigeria has thus make Groundnut oil production business very lucrative.
Groundnut seeds, the major raw material needed for producing groundnut oil are widely grown in throughout Nigeria especially in North.