Obi Blasts Nigerian Government’s $1bn Lagos Port Upgrade
Nigeria's infrastructure investment remains excessively concentrated in Lagos, often at the expense of other strategic ports such as Warri, Port Harcourt, Calabar, and Onne
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WTO Postpones Conference Over New COVID-19 Variant
The World Trade Organisation (WTO) has postponed a major conference scheduled for next week in Geneva, Switzerland. Ngozi Okonjo-Iweala, WTO director-general, made this known over the weekend. The conference, EU trade ministers’ consultations, was postponed indefinitely. This is coming as world leaders
Three rules for marketing in the post-pandemic era
JOHANNESBURG, South Africa, 26th November, 2021 -/African Media Agency(AMA)/- The COVID pandemic has changed the way businesses sell and market their products and services to customers, and there is likely no return to the old normal. Prior to the pandemic, enterprise marketing efforts
Farmers in Niari to benefit from Agri Resources cold storage facility
NIARI, Republic of the Congo, 26 November, 2021,-/African Media Agency (AMA)/- In the Republic of Congo, onion farmers in the province of Niari and its surrounding areas are set to reap the benefits from the cold storage facility project by Agri Resources Congo. The
CBN Awards N5m Loans To Graduates Under New Scheme
The Central Bank of Nigeria (CBN) has launched the Tertiary Institutions Entrepreneurship Scheme designed to tackle underemployment and unemployment in the country. CBN Governor Godwin Emefiele, at the launch in Abuja, on Thursday, November 25, presented loans ranging from N4.1m to N5m
Utomi Hints On How Businesses Can Survive Volatility of Nigerian Economy
A political economist and management expert, Prof. Pat Utomi, has urged brands to rethink their strategies and business models and work within regulatory frameworks in order to survive the volatility of the Nigerian economy. Utomi made this known at the second edition
Flour Mills, Honeywell’s Market Capitalisation Rises By 34%
Flour Mills of Nigeria Plc and Honeywell Flour Mills Plc have recorded a combined increase of N39bn (33.53 per cent) in their market capitalisation. This was contained in data released by the Nigerian Exchange Limited on Thursday. The two of Nigeria’s largest
Finance Minister Says Nigeria Losing N250bn Monthly To Fuel Subsidy
Zainab Ahmed, minister of finance, budget and national planning, has disclosed that the federal government can no longer sustain petrol subsidy payments which currently stand at about N250 billion monthly. Briefing journalists after the FEC meeting presided over by President Buhari on
No Court Order Restraining Acquisition – Flour Mills, Honeywell
Flour Mills Nigeria Plc and Honeywell have disclosed that the proposed acquisition of significant interest in HFMP by FMN is not in breach of any court order. FMN, in a statement obtained from the Nigerian Exchange Limited on Wednesday and signed by
BREAKING: FG Announces Date For Air Nigeria Official Take-off
The Minister of Aviation Senator Hadi Sirika has announced that Air Nigeria will take off by April 2022. Sirika disclosed this on Wednesday after the week’s Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari, at the Presidential Villa, Abuja.
Ecobank Sends Strong Warning To Flour Mills Over Honeywell Deal
Ecobank Nigeria Limited has sent a srong warning to Flour Mills of Nigeria Plc over the proposed acquisition of equity stake in Honeywell Flour Mills Plc. The bank alleged that Honeywell Group Limited, the parent firm, has not been paying up its
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