Business and Economy

Lindy’s Gems Foundation and Maggi are teaching basic cooking skills and how to make a balanced meal to 50 children from schools and less privileged homes in Lagos. The Mini culinary school experience at the Culinary Academy, Lagos is focusing on the fundamentals of cooking simple healthy nutritious meals. They …

As Nigeria reforms, restructures and strategizes towards pulling back the economy unto a path of inclusive and sustainable growth, it is useful to pay detailed attention to the sectors and subsectors. This is because while summary pictures succeed in showing the prevailing conditions, the secrets to the various pieces of …

Murtala Muhammed International Airport location for New Hilton Hotels & Resorts Property as Hilton doubles its presence in Africa Hilton (NYSE:HLT) (www.HiltonWorldwide.com) has announced the signing of a management agreement with Quality Inspection & Testing Services Limited to open a 350 guest-room and suite hotel at Lagos’ Murtala Muhammed International …

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has enhanced the fortunes of 13 children without limbs, with education grant totaling N12 million to ensure that the challenged children emerge future champions through sound education. This was a demonstration of the bank’s commitment to helping children and the …

Senate President, Dr. Abubakar Bukola Saraki Saturday said the Senate will support any proposal from the executive to increase the fund slated for the amnesty programme in the 2016 Appropriation Act. Saraki who was speaking to journalists at the Presidential Villa after the Change of Guards ceremony to mark the …

The Institute of Chartered Accountants of Nigeria (ICAN) on Friday renewed its support for the various economic policies of the administration of President Muhammadu Buhari, saying there is hope for Nigeria. President of ICAN, Deacon Titus Soetan, who led a delegation of the institute’s executives to the Minister of Finance, …

• World premiere for all-new Rio • Upgrades to the Soul range include design and technology enhancements • Kia launches powerful new 204 ps Soul SX • New exterior and interior design for Carens with new technologies The new Kia Rio has made its world debut in Paris at the …

Goddy Egene reckons that as Nigeria prepares to borrow and inject more funds into the economy in order to move out of recession, the Debt Management Office has the onerous task to ensure this succeeds It is now official that the Nigerian economy is in recession and the Federal Government …

Dennis Udoma, Uyo The Managing Director-Designate of the Niger Delta Development Commission (NDDC), Obong Nsima Ekere has joined eminent Nigerians to thank President Muhammadu Buhari for appointing Mr. Umana Okon Umana, as the Managing Director of the Oil and Gas Free Trade Zone Authority, describing it as meritorious. Ekere, in …

Dennis Udoma, Uyo The All Progressives Congress (APC) South-South, has commended President Muhammadu Buhari for appointing the former governorship candidate of the party in the just concluded general elections in Akwa Ibom, Obong Umana Okon Umana as Managing Director of Oil and Gas Free Trade Zone Authority. The news of …

By DAMILOLA JOLOMI The Director of Prime Innovation Institute of Technology (PIIT), Mr. Joseph Ebinum, has said that government must stop paying lip-service to professional skills training, insisting that the refusal to take such training seriously is responsible for where the country is presently, development-wise. He said this at the …

InfoWARE Limited has signed a Memorandum of Understanding, MOU, with GTI to deliver top of the line Trade Simulation Solution to run on the prestigious GTI Trading Floor for training purposes. InfoWARE is Nigeria’s foremost Independent Software Vendor (ISV). It is also one of the leaders in delivering Enterprise Resource …

Lagos State Governor, Mr. Akinwunmi Ambode on Monday said the State has all it takes to have as many world class Deep Sea Ports as possible, expressing the readiness of his administration to partner with investors to develop the maritime sector. Governor Ambode, who spoke at the Lagos House, Ikeja, …

Nestlé has been recognised as the leading food and beverage company in the Thomson Reuters Diversity and Inclusion Index (D&I), for its efforts in creating a diverse and inclusive workplace. The index ranked Nestlé 15th overall out of more than 4,000 publically traded companies worldwide. Companies were assessed in four …

The Minister of Budget and National Planning, Senator Udoma Udo Udoma has said that success in producing a good 2017 Budget will require strong collaboration between the Executive and the National Assembly. Senator Udoma who was speaking in Abuja on Monday at The Gallery Colloquium organized by Orderpaper.com on ‘Budget …

· Says steps are meant to correct the mistakes of yesterday and move the country from economic stagnation · If we want to make our economy work we must build roads that evacuate our ports and drive our energy for now, he says · Implementing reforms requires interfering with the …

Olutayo Isaac writes that the federal government’s decision to seek external help from international organisations is perhaps one of the best economic decisions the President Muhammadu Buhari-led government has taken in response to the country being in recession The federal government may not be left with too many options to …

The primary objective of government’s fiscal stimulus plan is not to sell off all major critical national assets but to source immediate funds to reflate the economy and implement capital projects in the 2016 budget, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has explained. Senator Udoma …

Minister of Transportation, Rt. Hon. Rotimi Chibuike Amaechi has charged members of the Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) to enthrone accountability and formulate broad policies aimed at achieving the set objectives of the Agency. The Hon. Minister said this while inaugurating the 11 member …

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday justified the decision of his administration to engage indigenous contractors for the construction of 114 inner roads simultaneously across the State, just as he disclosed that about N1trillion is needed yearly to address the deficit in road construction. Governor Ambode, who spoke …

Prime Innovation Institute of Technology (PIIT) will, Thursday, September 22, 2016, open a new ultra modern APTECH Center in Lekki, Lagos. The opening ceremony which will be graced by prospective students, parents and members of the community and other dignitaries, will also see some representatives of Aptech from India and …

Peter Schreyer is marking ten years of leading new car design for Kia, a period during which the Korean brand’s global sales have risen from around 1.1 million cars in 2005, to 3.05 million in 2015. Peter Schreyer has been the mastermind of Kia’s design revolution over the last decade, …

The Revenue Mobilization Allocation and Fiscal Commission has disagreed with Alhaji Aliko Dangote on the sale of Nigerian Liquefied Natural Gas (NLNG) and other Federation Assets he proposed during an interview with a cable Television, the CNBC Africa as a way of augmenting the current revenue shortfall as a result …

Participants at the recent Cabinet Retreat on the Budget, have endorsed the Federal Government’s programme of action for dealing with the recession, the effort to develop an economic emergency recovery bill to address the situation and the plan to bridge the existing funding gap. The retreat, organized by the Ministry …