Tuesday, 23 August 2011

FG earns N232,5bn from Cocoa Exportation

Source: The Punch Thursday March 31 2011
  • The Federal Government earned N232.5bn from the exportation of cocoa in the last 2 years
  • According to the Cobalt Inspection Services' Annual Reports in 2009, Nigeria earned $662,295,907, while in 2010, the country earned $882,812,813 from exportation of coca products
  • This accounted for about 38.5% of the non-oil export for the year 2010
Source: Nigeria Export Promotion Council

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Only 3,000 functioning PoS terminal in Nigeria

Source: Businessday Tuesday 23 August 2011
  • There are only 3,000 functioning Point of Sales terminals out of the 13,000 existing terminals in Nigeria.

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Monday, 22 August 2011

Jonathan sees Agriculture as Economic Booster

July 6, 2011
  • N1.3tr spent on Food Importation annually
  • Sectoral Analysis shows that on average  in the last 5 years, th agricultural sector contributed about 40% to the GDP and provided 60% of employment - Federal Ministry of Agriculture
  • The country spends N635.5 billion on wheat, N365.5 billion on rice, N217 billion on sugar and N96.9 billion on fish yearly

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Invitation for Expression of Interest for IT Transformation Consulting Services


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e-Commerce: Challenges, Prospects of Online Transactions in Nigeria

As at Jan 31, 2001
  • With over 30 million chip/PIN credit/debit cards in circulation nationwide
  • With over 10,000 ATMs nationwide
  • With over 15,000 PoS terminals deployed across Nigeria
  • The e-Payment Providers Association of Nigeria has said the payment card industry in the country is worth over N23.4tn, while monthly ATM transactions are N80bn and payments on PoS terminals, N1.4bn
  • Internet usage in Nigeria has grown from 3% in 2006 to 16% in 2009

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R. T. Briscoe (Nigeria) Plc - Statement of Unaudited Results for the Half Year Ended 30th June, 2011


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FTN Cocoa Processors Ltd - Unaudited Results for 3 Months ended 31th March 2011


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