business

Don’t obstruct NAFDAC officials during inspection, business owners, industrialists told

November 24, 2023 Chuks Nweze 0

South-east Director of the National Agency for Food and Drug Administration and Control (NAFDAC), Mr. Martins Iluyomade, has urged manufacturers, shop owners of foods, cosmetics, drugs and medical devices not to obstruct NAFDAC officials during inspections. Iluyomade gave the warning during the South-east zone stakeholders’ engagement forum on Thursday in Enugu. He said that the Food and Drug Act gave Read More

C & I Leasing to leverage technology for operational efficiency, business acquisition

November 21, 2023 Amaka Ifeakandu 0

C & I Leasing Plc said it will continue to leverage technology to improve operational efficiency and business acquisition for enhanced growth and development. The Chairman of the company, Dr Samuel Onyishi, disclosed this in Lagos while addressing shareholders at the company’s 32nd Annual General Meeting (AGM) in Lagos for the financial year ended Dec. 31, 2022. Onyishi said the Read More

Family businesses contributes nearly $200bn to Nigeria’s GDP annually – Oduwole

November 6, 2023 Segun Odunewu 0

Special Advisor to President Bola Tinubu on Presidential Enabling Business Environment Council (PEBEC) and Investment, Dr. Jumoke Oduwole, has revealed that family businesses contribute nearly $200 billion to the country’s GDP annually. Dr. Oduwole who disclosed this while speaking as guest speaker at the 2023 Family Business sponsored by FirstBank, PwC, CEIBS and others in Lagos further said that 39.7 Read More

Business forum: Julius Berger transiting into a conglomerate – Richter

October 28, 2023 Agi Onda 0

The 2023 edition of the Julius Berger Group Investors Forum held recently via zoom with stakeholders and shareholders satisfied with the growth trajectory of the leading engineering construction company. Providing participants with an update on business performance, strategy and operations in the 2023, as well as the outlook for the business of the company, Managing Director of the giant company, Read More

Conducive business environment panacea to youth migration – Elumelu

October 20, 2023 Benjamin Umuteme 0

The Founder/Chairman, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has said that a conducive business environment is the panacea to Africa’s youth migration. Elumelu, who said this at a dinner held for visiting European Union (EU) Commissioner for International Partnerships, Ms Jutta Urpilainen, in Abuja, added that youth migration can only stop when the continent’s leaders develop an economy where Read More

My focus is to empower youths, pioneer change for Africa -Entrepreneur, Dominic Joshua

October 18, 2023 Suleiman Idris 0

A dynamic figure in the realms of business, philanthropy, and politics, Dr. Dominic Joshua has said he is on a mission to redefine impact in Africa and the global community.  He said with his unwavering determination, he specializes in navigates challenges, turning them into opportunities to make a profound difference. “Every endeavour I undertake is a step towards transforming lives Read More

UBA business series: Experts emphasise discipline, consistency for wealth mgt

October 17, 2023 Blessing Anaro 0

Financial experts have advised Small and Medium Scale Enterprises (SMEs) owners and operators on essential tips that will help them create and manage their wealth successfully especially in the tough economy and business climate. Speaking during the United Bank for Africa (UBA) Business Series hybrid event at the bank’s Head office in Lagos on Thursday, the financial experts and entrepreneurs Read More

Is the internet a location for business growth at this time?

October 11, 2023 Timi Olubiyi 0

Businesses in Africa, large, small, and micro, continue to bear the brunt of inflation, high energy costs (diesel and electricity), and, more broadly, global economic turbulence, particularly the crisis in Ukraine and Russia which has snowballed into a slew of challenges that increasingly threaten the survival of many enterprises across all sectors on the continent. Attention to businesses, particularly small Read More

Enugu: Mbah assures investors of de-risked business environment, high RoI

October 4, 2023 Benjamin Umuteme 0

Enugu state Governor Dr. Peter Mbah has assured investors of his administration’s commitment to de-risk the business environment in the State in order to ensure high return on investments (ROI). Mbah, who gave the assurance when the management team of Globus Bank Plc. led by the Managing Director (MD)/Chief Executive Officer (CEO), Elias Igbinakenzua, who paid him a courtesy visit Read More

FG to Indian investors: Nigeria offers best returns on investments, lauds India’s $14bn business plan

September 7, 2023 Abdullahi M. Gulloma 0

President Bola Ahmed Tinubu has lauded Indian investors for significant investment pledges amounting to nearly $14 billion committed during the Nigeria-India Presidential Roundtable and Conference in New Delhi, India. Speaking at bthe event Wednesday, Tinubu said: “We are ready to give you the best returns for investment possible, there’s nowhere else like our country. Nigeria offers the best returns for Read More

Keypoints at NBA-SBL 17th annual business conference

September 4, 2023 Adewale Kupoluyi 0

The Nigerian Bar Association Section on Business Law (NBA-SBL) recently had its 17th Annual International Business Law Conference with a lot of lessons. The Chair of the Conference Planning Committee (CPC) and Treasurer of the Section’s Council, Ayoyinka Olajide-Awosedo, said the event, which was held with the theme, “The Nigeria Business Landscape: Priorities of Law, Policy and Regulation”, was aimed Read More

CEO-chairman duality in business: A task for SME regulators

August 25, 2023 Timi Olubiyi 0

The board of directors plays an important role in businesses by being responsible for making strategic decisions essential to the development of companies and it’s headed by a president or chairman. While the day-to-day activities of the organisation are run by the managing director or the chief executive officer (CEO). Family CEO duality or CEO duality in the context of Read More

New e-Commerce platform, iChota, to maximise customers’ profit, save cost

August 12, 2023 Bode Olagoke 0

A newly debuted free-to-use e-commerce platform, iChota app, has the potential to ensure maximum profitability and cost savings for sellers and buyers. Launched by iChota LLC in Los Angeles, USA recently, the app enables users to carry out transactions without the expensive fees that most other platforms typically charge. The iChota LLC representative, Brendan Oluoha, in a statement, said the Read More

AccessCorp receives Karlsruhe Award for outstanding business sustainability

August 3, 2023 Amaka Ifeakandu 0

Access Holdings Plc has been honoured with the prestigious Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time. The award which was presented at the Global Sustainable Finance Conference (GSFC) organised by the European Organisation for Sustainable Development (EOSD) in partnership with the city of Karlsruhe, Germany, underscores the sustainability commitment demonstrated in the way Access Holdings Read More

FG set to improve ease of doing business, attract investments

July 29, 2023 Kehinde Osasona 0

The Federal Government has restated its commitment to foster an environment that empowers entrepreneurs, nurtures innovation and attract investments. The move aimed at significantly improving ease of doing business is contained in the Executive Order No 1 of 18th May 2017. As required, Ministries, Departments and Agencies of Government MDAs are expected to publish the services they provide, as well Read More

New EOs’ll improve Nigeria’s ease of doing business – Uwaleke

July 6, 2023 Benjamin Umuteme 0

Professor of Finance and the Capital Market at the Nasarawa State University, Uche Uwaleke, has reacted to Executive Orders (Eos) signed by President Bola Ahmed Tinubu on Thursday, saying it would improve Nigeria’s business environment. Uwaleke also said the President’s action would improve Nigeria’s ease of Doing Business ranking. Analysts say it would help moderate rising inflation in the country. Read More

Top car tracking companies revolutionizing fleet management in Nigeria

July 2, 2023 Bode Olagoke 0

In recent years, the demand for vehicle tracking and fleet management solutions has been on the rise in Nigeria. With the increasing concern over car theft and the need for optimized fleet performance, several indigenous telematics companies have emerged to offer cutting-edge services. In this article, we highlight the top car-tracking companies in Nigeria that are reshaping the way businesses Read More

Revealed! How Dangote is using business to unite Nigerians

June 26, 2023 David Agba 0

Africa’s top philanthropist Aliko Dangote walked off yet another royal accolades for his business acumen and efforts to bring all Nigerians together. This endorsement came from a Monarch in Kogi State, HRH the Baalo of Oyo, Oba Solomon Obahawu during the Foundation Laying Ceremony for the construction of a secondary school and the debut of a newly dug borehole by Read More

Keystone Bank employees empower female entrepreneurs across Nigeria

June 13, 2023 Bode Olagoke 0

In furtherance of its commitment to tackling unemployment and encouraging  entrepreneurs in Nigeria, employees of Keystone Bank Limited recently donated grinding machines to over 600 women across the country and a cash token of N5,000 each. The bank employees also trained the women on financial literacy and bookkeeping to enable them take control of their financial future. According to the Read More

Dry fish trader recounts lucrative business

May 9, 2023 Admin III 0

In recent times, dry fish traders in the federal capital territory (FCT) have never had it as good as many Nigerians now resort to eating less meat. For Grace Nwanfor, a dry fish trader at Kubwa modern market, the business is lucrative; Adeola Akinbobola, writes. Fish farming in the country received a boost since the federal government announced agriculture as Read More

Wema Bank launches upgraded ALAT for Business Digital Banking

May 9, 2023 Segun Odunewu 0

Wema Bank has launched the upgraded version of its corporate digital banking application, ALAT for Business 2.0. The launch which took place recently during the bank’s Digital Week activities themed “Changing The Digital Dynamics In Nigeria” in celebration of the bank’s anniversary. During the virtual event, Samuel Robson, the Product Owner, expressed his excitement to announce the launch of the Read More

IAEA, FAO set for climate change tolerant seed varieties

April 17, 2023 John Oba 0

The International Atomic Energy Agency (IAEA) and Food and Agriculture Organization of the United Nations (FAO), has commenced the process of exposing seeds to a complex mixture of cosmic radiation and harsh space conditions. This according to the report could lead to the growth of new plant varieties that can withstand the effects of climate change and help fight global Read More

Shining stars of Nigerian Jewellery: Top 5 Jewellers redefining craftsmanship

April 3, 2023 Bode Olagoke 0

Nigeria, known for its rich cultural heritage and diverse artistic expressions, is also home to a thriving jewellery industry. In recent years, a new generation of talented and innovative jewellers has emerged, making their mark in the Nigerian market and beyond. These individuals have showcased their creative skills and contributed to the growth and recognition of Nigerian jewellery globally. Among Read More

Pharmacist recounts huge financial turnover from smoothie drink business

March 21, 2023 Admin III 0

The founder of Boomsky Smoothies, Mrs Olubunmi Otufowora, explains how she started business from her kitchen with one blender, but now has an asset worth over N5 million and about N7 million turnover. ADEOLA AKINBOBOLA reports. Mrs Otufowora explained that pregnancy hormones pushed her into the smoothie business in Nigeria about 10 years ago. The business woman who is also Read More

How used bags’ traders make high sales from business

March 14, 2023 Admin III 0

Some years back used bags were often associated with the very poor, but at the moment, it is a different story as even the well-to-do also patronize them as these vendors makes high sales from the business . ADEOLA AKINBOBOLA writes. The current economic situation in the country has driven Nigerians across the country to patronise fairly used bags even Read More