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Business News
Minister explains new strategy for increased cocoa output
THE Minister of Agriculture and Natural Resources, Akinwunmi Adeshina, said that the nation’s march towards economic diversification through agricultural rebirth would receive a new boost with the introduction of new entity in the cocoa...
Read more... Nigeria retires matured bonds, plans to curb rising local debt
THERE were indications that the nation’s rising debt profile may have raised serious concerns, as plans are now underway to reduce projected borrowing, while matured bonds are retired.Specifically, Nigeria retired matured bonds worth N75...
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Govt unfolds job creation agenda
IN what may be a step towards solving the lingering unemployment crisis identified in the country, the Federal Government has unfolded seven key sectors of the economy that could jumpstart and stimulate job opportunities.The government...
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LCCI tasks govt on protectionist policy
WORRIED by the increasing number of non-nationals, especially Asians, in the retail segment of the economy, the Lagos Chamber of Commerce and Industry (LCCI), has called on government to revisit its protectionist policy in order to protect...
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UBA’s shareholders approve 50 kobo dividend per share
SHAREHOLDERS of United Bank for Africa (UBA) Plc have commended the board and management for the Bank’s sterling performance and dividend payment to investors during the financial year ended December 31, 2012.
The shareholders, who approved the...
Read more... The shareholders, who approved the...
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Structural deficiency in Nigeria’s budgeting system assailing economic plans, says Alufohai
Agele Alufohai is the President of the Nigerian Institute of Quantity Surveyors who holds the belief that the competitiveness in Nigeria’s economic structure is currently being undermined by mediocrity and corruption. In this interview with... Add new comment Hits: 198
Infrastructure Bank leads $2bn funding for Lagos rail project
THE Infrastructure Bank Plc is to provide funds for the proposed $2 billion Lagos Red Line Rail Project that will commute two million passengers daily from Alagbado to Marina.
Hakeem Olopade, the bank’s executive director...
Read more... Hakeem Olopade, the bank’s executive director...
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Survey rates PHCN low in provision of electricity
FORTY-SIX per cent of respondents to a recent survey expressed their dissatisfaction on the present performance of Power Holding Company (PHCN) as regards provision of regular power supply in the country.
This has however confirmed the...
Read more... This has however confirmed the...
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‘Food Wastage, Price Increase Responsible For Climate Change’
THE United Nations Development Programme (UNDP) Country Resident Representative in Nigeria, Mr. Daouda Toure, has said that climate change in form of extreme weather events, floods, production shocks, population growth, increasing global...
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Govt Should Support Fast Food Industry, Urged Idogun
CHIEF Executive Officer of Pepperoni Foods Limited, a fast growing restaurant chain in the Niger Delta region, Mr. Eric Idogun, said the industry has the capacity to create millions of jobs for unemployed youths if operators are encouraged through...
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Expert Seeks Regulatory Framework To Combat Cyber Crime
TO combat the growing threat to technological development in Nigeria, an expert has canvassed an urgent development of national regulatory framework to secure the country’s cyber space. This is to protect the economy against cyber crime.
At a...
Read more... At a...
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Nigeria’s Future In The Balance As Shale Oil Rattles OPEC
THERE is, frequently, a debate on whether the world could, one day, find a replacement for sweat crude. What is, however, not disputable is that the discovery of streams of non-conventional fuel will have enormous impact on the demand for oil and... Add new comment Hits: 396
Work Place Culture: Difference Between The UK and Nigeria (2)
NEEDLESS to say, I did not wait around for that appointment and have never been back. If I had called up the hairdresser in England and she was running late, she would actually tell me so, thus, giving me the option to wait or reschedule...
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‘How Organisations Can Leverage Training To Boost Performance’
TO succeed in an unstable business environment like Nigeria, entrepreneurs have been advised to build sustainable work ethics, seek appropriate training and patiently nurture their dreams.The charge was made by American business trainer and life...
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‘Nigeria’s Paint Manufacturing Industry Beckons On Investors’
Ten years ago, the Managing Director of Raphgate Chemicals Nigeria Limited, Mr. Atere Raphael resigned from his teaching job to venture into paint manufacturing with just N28, 000 in his hand. Today, he is the proud owner of the Horse Paints...
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