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Business and Economy

“95 per cent of states can’t pay N30, 000 minimum wage”-Gov. Umahi; Challenges Governors to speak out

Abakaliki, Nov.7, 2018 Gov David Umahi of Ebonyi on Wednesday in Abakaliki, declared that 95 per cent of states in the country cannot pay the proposed N30, 000 minimum wage to workers. Umahi, who is the Chairman of the South East Governors Forum, said this while inaugurating a 36-member fact-finding …

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Kachikwu to lead NCDMB, Amnesty Coordinator, industry operators to Bonny to parley on Nigerian Content in NLNG Train-7

The Niger Delta Youths Coalition for Peace and Progress (NDYCPP) on Tuesday said the group is collaborating with oil industry leadership to ensure the participation of youths in the NLNG Train-7. Mr Chris Jumbo, Chairman, NDYCPP Organising Committee said in Yenagoa that arrangements have been concluded to hold a forum …

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FG supports increased indigenous participation in maritime business

The Federal Government is determined to promote and increase indigenous participation in the shipping business in Nigeria, the Minister of Budget and National Planning, Senator Udoma Udo Udoma told the Nigerian Fleet Implementation Committee on Thursday, in Abuja. The Minister who gave the indication while receiving the Committee members in …

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Dakuku: Maritime, catalyst for Nigeria’s industrialisation    Stakeholders commend NIMASA’s leadership role in Africa

 For Nigeria to effectively move away from an oil-dependent economy and industrialise, it must develop the blue economy. This was the position of the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside and other top players in the maritime industry, at the 2018 World Maritime …

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NIMASA boss calls for prompt approach to ECOWAS regional maritime security

By Uchenna Eletuo Lagos, Oct. 3, 2018 Dr Dakuku Peterside, the Director-General  of the Nigeria Maritime Administration and Safety Agency (NIMASA), said on Wednesday that prompt action against regional maritime insecurity was key to the growth of the regional economies. Peterside said this at the opening ceremony of the Economic …

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Three things you did not know about Nescafé in Central & West Africa

For over 250 years, Coffee has evolved to become part of many cultures, livelihoods, and economies around the world. According to a study by the International Coffee Organization (ICO), coffee accounts for the primary source of income for more than 10 million households in 25 African coffee-growing countries. The study further estimates …

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