Nigeria's minister of agriculture, Adewumi Desina, has announced a new initiative by the federal Government aimed at encouraging about 700,000 young people to go into commercial farming.
Mr Desina announced the plan - "Youth in Agriculture” – during a foundation day lecture at the Federal University of Technology...

Nigerian President Goodluck Jonathan is on a two-day state visit to South Africa for talks with his counterpart Jacob Zuma. It is his first since 2009 and is aimed at boosting trade and strengthening the political ties between the two leading African economies, whose historic relationship has been one of resentment and...

First Bank of Nigeria has taken over Ghana’s International Commercial Bank (ICB) according to reports. The deal went through in January but it is not known how much the acquisition cost First Bank, which, two years ago, was rated the most valuable Nigerian bank and the best retail bank last...

Nigerian businessman, Aliko Dangote, Africa’s richest man, has told news agencies he is going to build an oil refinery capable of producing 400,000 barrels of oil a day – doubling Nigeria’s output capacity of 445,000 – with the aim of meeting future demand as the country’s population continues to...