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Yam Export: Nigerian Farmers Begin Registration

August 3, 2017 Omoniyi Osadare 0

Yam Farmers, Processors and Marketers Association of Nigeria says it has commenced the registration of its members in the 36 states of the federation to facilitate the yam export programme. Simon Irtwange, the Acting President […]

Business

Skye Bank Amala and Other Stories from Ibadan, By ‘Tope Oriola

August 3, 2017 Omoniyi Osadare 0

You can’t lay claims to having visited the University of Ibadan or its environs without trying Skye Bank amala. Skye Bank amala may well become a UNESCO cultural heritage site: The diversity of the faithful […]

Business

Osinbajo Orders 24 Hours Power Supply For Ariaria Market Aba

August 1, 2017 Omoniyi Osadare 0

Nigeria’s Acting President Yemi Osinbajo has directed the Federal Ministry of Power, Works and Housing to intervene and ensure that the Ariaria International Market in Aba, Abia States, enjoys 24 hours supply of electric power. […]

Business

Adeosun: More Than Half of Nigeria’s VAT Comes From Lagos

August 1, 2017 Omoniyi Osadare 0

Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone. Speaking at the parley between the federal government and progressive governors forum (PGF) in Abuja […]

Business

Bill Gates Surpassed By Jeff Bezos As World’s Richest Man

July 28, 2017 Omoniyi Osadare 1

Microsoft founder Bill Gates has lost his position as the world’s richest man to Amazon chief executive officer Jeff Bezos. According to Forbes, Bezos’ net worth was estimated at $90.6 billion as at Thursday morning […]

Business

Coca-Cola Launches Revamped Coke Zero As Earnings Drop

July 27, 2017 Omoniyi Osadare 0

Coca-Cola announced plans Wednesday to launch a revamped “Coke Zero” in the United States as it expands offerings of low-sugar and non-carbonated beverages amid flagging demand for sweet sodas. The soda, “Coke-Cola Zero Sugar,” which […]

Business

Nigeria May Stay Longer In Recession, Says Emefiele By Mayowa Tijani

July 26, 2017 Omoniyi Osadare 0

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) says the country may stay longer in recession if bold bold policies are not activated to support the current fragile growth. Speaking after the monetary […]

Business

Emefiele: How Nigeria Missed The Opportunity of Being A Great Economy | TheCable

July 23, 2017 Omoniyi Osadare 0

Godwin Emefiele, governor of Central Bank of Nigeria (CBN), on Saturday said Nigeria missed the opportunity of being a great economy when it saw oil and abandoned agriculture. Speaking while delivering a lecture at the […]

Business

Innoson Motors Begins Export of 400 Made-in-Nigerian Vehicles To Mali

July 22, 2017 Omoniyi Osadare 0

Nigerian motor manufacturing company, Innoson Motors, is set to export made-in-Nigerian cars to Mali. The Charge‘d Affair of Nigera in Mali, Yara Abdulsalam, says an indigenous motor manufacturing company, , has signed an MoU with […]

Business

With N1.7trn In 6 Months, FIRS Records Significant Increase In 2017 Revenue | TheCable

July 20, 2017 Omoniyi Osadare 0

The Federal Inland Revenue Service (FIRS) says it collected a total of N1.782 trillion as tax revenue between January and July 2017. This is even as it has projected a total of N1.8 trillion value […]

Business

Dangote And The Arewa Youths By SOC Okenwa

July 16, 2017 Omoniyi Osadare 0

Alhaji Aliko Dangote, Chairman of Dangote Group, is the African richest man and one of the richest in the world. The business mogul made his money through dint of harwork (or so we had thought […]

Business

NB Launches Zobo-Flavoured Alcoholic Drink

July 14, 2017 Omoniyi Osadare 0

The Nigerian Breweries Plc has introduced its first zobo-flavoured alcoholic drink, Ace Desire, to the Nigerian market. The Marketing Director, Nigerian Breweries Plc, Mr. Franco Maria Maggi, described the new product as a sophisticated blend […]

Business

No More $100! You Can Now Spend $1,000 On GTB Naira Cards

July 12, 2017 Omoniyi Osadare 0

Guarranty Trust Bank (GTB) says its customers can now spend as much as $1,000 for international transactions on naira cards. Prior to the upward review, Nigerians could only spend a maximum of $100 per month […]

Business

Before We Begin Yam Export | Punch

July 11, 2017 Omoniyi Osadare 0

These are curious times certainly; times wherein regular and irregular occurrences confound us to the extent that as they happen as quickly as they do, one is left with the feeling of loss. The consequence […]

Business

Cadbury Nigeria: Operating Pressure Persists By Mike ‘Uzor

July 10, 2017 Omoniyi Osadare 0

The operating pressure that saw Cadbury Nigeria back in the red in 2016 is persisting in the current year. Cost of sales rose two and half times as fast as sales revenue, which caused gross […]

Business

HURRAY! Price of Cement ‘Will Crash Soon’ | TheCable

July 6, 2017 Omoniyi Osadare 1

Major manufacturers of cement in the country say they are working “very hard” to reduce the price of cement. lsamad Rabiu, chairman of BUA Cement, made this known to state house correspondents after meeting with […]

Business

Should Nigeria Export Yam? Greg Odogwu

July 6, 2017 Omoniyi Osadare 1

There is no denying the fact that Nigeria faces a major challenge of lack of continuity in governance. Once a new government comes in, it dumps most of the previous administration’s initiatives, and crafts new […]

Business

Transforming Africa’s Trade Based On Logistics By Ade Adefeko

July 4, 2017 Omoniyi Osadare 0

The title of this piece is partly derived from the theme of the recently held Annual General Meeting of the Afrexim Bank held in one of my favorite destination spots, Kigali, Rwanda, and from Efe […]

Business

UPDATE: Etisalat Nigeria To Restructure Management, Board As Chairman Hakeem Bello-Osagie Resigns | PremiumTimes

June 30, 2017 Omoniyi Osadare 0

The embattled mobile telephone operator, Etisalat Nigeria Limited, said on Friday it would move swiftly to set a new management and appoint a new board, in the wake of the resignation of its incumbent Chairman, […]

Business

Hakeem Belo-Osagie Steps Down As Chairman Etisalat Nigeria

June 30, 2017 Omoniyi Osadare 0

Hakeem Belo-Osagie, the chairman of Etisalat Nigeria, has resigned his appointment after the restructuring of the telecommunication company. The resignation is effective immediately. According to Etisalat, Belo-Osagie had planned to leave immediately the banks made […]

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