Business

In Western Africa, agriculture accounts for an estimated 40% of combined GDP and employs up to 70% of the available working population. Agricultural commodities are the second largest export from the region to the European Union, although most goods are traded without any local value addition. This represents a significant failure to produce high-value products […]

Entrepreneurial activities are on the rise in Nigeria. This is mainly as a result of the lack of jobs that plague many Nigerians including university graduates. A study carried out by Gallup showed that 67 percent of Nigerians are willing to start their own businesses. Furthermore, 80 percent of those interviewed believed that their businesses

The Nigerian National Petroleum Corporation (NNPC) announced in October last year that the much-anticipated Okpai Power Plant in Delta State, the largest gas-power initiative in the African continent, is on the verge of becoming operational. The two phases of the project that would together generate 1,000 MW of electricity on completion is being implemented under

Women have generally been looked upon with contempt for centuries with various strictures inflicted upon them reducing their status to the mercy of men. They have been confined to hearth and home. But now the perspective of the society has changed and a general thinking to work for the emancipation and empowerment of women is

It is the duty and responsibility of the government and different policy makers to provide such an environment and conditions which are conducive for the youth entrepreneurial activities. Different policy initiatives encourage and motivate young people to come up with new ideas and start their own youth enterprises. This will first reduce the incidence of

JOB CREATION STRATEGIES The U.S. needs 25 million barrels of oil daily, and pumps about 8 million of those barrels domestically. The U.S. oil and gas industry provides employment directly or indirectly to 9.6 million Americans. By proportion, since Nigeria pumps 2.8 million barrels of oil daily, we should have 2.8 million Nigerians employed in

• Marginalization: The notion appears to have gained ground that the youth resort to restiveness because of their perceived marginalisation by the ‘selfish’ elders in the scheme of things in the communities. In order to get their share of the benefits accruing to the society they resort to taking on their elders headlong, culminating in

A teenager is person between the ages of 13 and 19, who also can be called an adolescent. They are called teenagers because their age number ends in “teen”. Someone aged 18 or 19 is also considered a young adult. All over the world, there are approximately 1 billion teenagers. In Nigeria, statistics reveal that

Mark Zuckerberg is the co-founder of Facebook who started it in 2004 along with his classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes when they were studying at Harvard University. There are more than 400 million users internationally. His personal wealth is estimated to be around $13.5 billion in 2011. Black Aaron Ross: founder of

Definition or Explanation: The Microloan Program was developed by the SBA in 1992 to increase the availability of very small loans to small-business borrowers. It achieved permanent status in 1997. The program uses nonprofit intermediaries to make loans to new and existing borrowers, and since 1992 has accounted for more than 12,500 loans totaling more