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Business and Economy

I never expected this VIP treatment – Mrs. Iwara, 2nd winner of Konga Travel Rolls Royce promo,  Receives special gift, lounge access

‘‘For me to be selected as the rightful winner of this Rolls Royce promo, God will replenish whatsoever Konga Travel has lavished on me. My feet are blessed and as I have stepped into that Rolls Royce, the company will be glorified by God. The kind of treatment I received …

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NNPC, JV partners disburse $360m for Ogoni Clean-up

By Edith Ike-Eboh Abuja, Feb. 17, 2020 The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners have disbursed 360 million dollars toward the Ogoniland Clean-Up project as recommended by the United Nations Environment Programme (UNEP). The Joint Venture (JV) Partners are Shell Petroleum Development Company (SPDC), Total Exploration …

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Transporters Day: Nestlé Nigeria meets with top logistics companies

By Emmanuel Afonne Abuja, Feb. 15, 2020 Nestlé Nigeria PLC says it will continuously drive product availability in the marketplace with speed to ensure it remained at the forefront of supporting the growth of the Nigerian economy through its local sourcing and supplier development initiatives. Mrs Victoria Uwadoka, Corporate Communications …

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UNGA President canvasses inclusive agric policies to end hunger

By Harrison Arubu United Nations, Feb. 12, 2020 President of the United Nations General Assembly, Amb. Tijani Muhammad-Bande, on Wednesday called for inclusive agricultural policies to boost the fight against poverty and hunger. He made the call during an interactive dialogue on “Targeting Hunger: South-South and Triangular Cooperation for Transforming …

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Denise Williams, Eme Essien, Isabel Neto, Jackie Ugowe, others discuss digital economy for Nigeria  

A World Bank-backed panel discussion on “Nigeria’s digital transformation journey: what will it take?” will be holding on Wednesday, February 12, 2020 from 10.30 am to 12 pm ET MC 4-800. All are expected to join the high-level conversation on twitter at #NigeriaOnTheMove. The discussion will feature Denise Williams, President …

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Tony Elumelu Foundation disburses first tranche of $5m partnership commitment from African Development Bank • AfDB joins TEF Programme catalysing entrepreneurship across Africa

Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5 million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. $2.5m was released with the remainder expected to be disbursed to …

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Konga reacts to inclusion as only e-commerce brand in global top 20 brands to watch in 2020

The Management of e-commerce giant, Konga, has underlined its determination to continually take the lead in elevating standards, improving customer satisfaction and deepening the growth of the Nigerian e-commerce sector. Making the assertion was Co-Chief Executive Officer, Konga Group, Nick Imudia. Equally important, Imudia was reacting to the recent inclusion …

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Dangote Farms commissions tomatoes nursery to provide seedlings for farmers

In a bid to make Nigeria self-sufficient in tomato production, Dangote Tomatoes Processing Limited, owned by the younger brother of Africa’s richest man, Sani Dangote, has unveiled a N2.8 billion greenhouse nursery in Kano to supply the best quality tomato seedlings to Nigerian farmers. Speaking on the project, Sani Dangote said the …

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Zenith Bank empowers Nigerian  SMES, partners Facebook on SME digital workshop 

  Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the ‘Zenith Bank SME Digital Workshop’ to provide free digital training for business owners. The initiative, which is being organized in partnership with social media …

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NDDC’s Acting MD dares NASS, insists on budget implementation

The Acting Managing Director of the Niger Delta Development Commission (NDDC), Dr. Joi Nunieh has ordered the Directorate of Planning, Research and Statistics to treat budgetary implementation requests (Recurrent and Capital) from the various Directorates, Departments, Units and State Offices for the year 2020. “The Directorate of Planning, Research and …

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SERAP asks court to order Buhari, Osinbajo, 36 governors to publish their assets

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court, Abuja to order President Muhammadu Buhari, Vice-President Professor Yemi Osinbajo, 36 state governors and their deputies to “make public details of their assets, specifically property and income, contained in their asset declaration forms submitted to the …

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Lagos-Ibadan railway: Amaechi mounts pressure on contractors   …CCECC promises doubled effort

Four days after the last inspection tour of the Lagos-Ibadan Railway Project, where the Hon. Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi expressed displeasure over the slow pace of work in which he mounted pressure  on the contractors (CCECC) to speed up the level of work, the Minister  has …

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Ship owners to benefit from $200 million Cabotage Fund, says Amaechi    … As Dakuku chairs Committee

Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi has announced that Ship owners will now benefit directly from the Two hundred million dollars Cabotage Vessel Financing Fund (CVFF). A committee chaired by the Director General, Nigerian Institute of Maritime Safety and Administration NIMASA, Dr. Dakuku Adol Peterside has also been …

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