By Lucy Ogalue Stakeholders on the African continent have urged governments to transit into inclusive, low carbon and resource-efficient economies by tapping into home-grown innovative solutions for financing. A statement issued on the Economic Commission for Africa’s (ECA) website quoted the stakeholders as saying this at the ongoing 42nd meetingContinue Reading
Nestlé Nigeria PLC has declared a N547.1 billion sales increase for the 2023 financial year, translating to a 22.4 per cent increase of N100 billion compared to the corresponding period of 2022. Its operating profit also jumped by 41.2 per cent, reaching 122.7 billion; while Profit After Tax was negativelyContinue Reading
By Rukayat Moisemhe The Nigerian Institute of Management Chartered (NIM) has sought the partnership of the Nigerian Civil Aviation Authority (NCAA) on managerial excellence to enhance the aviation industry and the economy in general. President, NIM, Dr Christiana Atako, said this during a courtesy visit to the NCAA. Atako saidContinue Reading
By Rukayat Adeyemi The Nigerian Exchange Ltd. (NGX) and the Capital Market community on Tuesday paid tribute to the late former Chairman of the NGX Group, Mr Abimbola Ogunbanjo, and pledged to sustain his legacies. They made the pledge while expressing their grief on the passing of late OgunbanjoContinue Reading
By Nefishetu Yakubu No fewer than 350 public and private school teachers in Edo and Delta on Saturday graduated from Seplat JV Energy education empowerment programme in its host communities. The teachers were trained on Science, Technology, Engineering, Arts and Mathematics (STEAM) under the Seplat Teachers Empowerment Programme (STEP). TheContinue Reading
By Rukayat Moisemhe Some stakeholders have said that improving the ease of doing business in Nigeria would encourage entrepreneurship, attract international investment and promote sustainable development, thereby, unlocking the country’s economic potential. The stakeholders said this on Thursday in Lagos at the Nigerian-British Chamber of Commerce (NBCC) Inward Trade MissionContinue Reading
By Rukayat Adeyemi Sanlam General Insurance, on Wednesday, said it surpassed its 2023 revenue budget of N13.5 billion by 19 per cent and and achieved 41 per cent year-on-year growth of Gross Premium Written. Mr Bode Opadokun, Managing Director of the insurance company, disclosed this in an interview withContinue Reading
By Lucy Ogalue The Federal Government is intensifying efforts to formalise the activities of Small and Medium Enterprises (SMEs) to increase the country’s tax net, an official has said. The Registrar-General Corporate Affairs Commission (CAC), Hussaini Magaji stated this on Thursday while disclosing that over 2.5 million businesses had beenContinue Reading
By Constance Athekame The Minister of Power, Mr Adebayo Adelabu, says the Federal Government is committed to settling more than three trillion Naira debt it inherited in the power sector. Adelabu said this in Abuja on Wednesday when he briefed newsmen. “Today, we are owing the Power Generating Companies (GenCos)Continue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) and a firm known as Kudimata have agreed to collaborate to ensure economic sustainability and national development. The Registrar-General of CAC, Hussaini Magaji, said this when the Group Managing Director (GMD) of Kudimata, Kathleen Erhimu, visited him to present 30,000 youth businessesContinue Reading
