Tag Archives: Business

The Federal Government has been challenged to provide a window of special funding for airline operators in the country. The Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo, made the call in Abuja on Thursday while speaking at a retreat organised by the company to mark its two-year operation in the Nigerian aviation industry. Okonkwo explained that the call for ...

As the cost of cooking gas is getting higher and the difficulty in achieving optimum penetration of liquified petroleum gas in Nigeria, expert has lent his voice on the development. Speaking during an interview with with Arise TV,  Omono Okonkowo, a Natural Gas Analyst,  spoke on the matter. She cited factors such as lack of sufficient investment in distribution and ...

Chairman Centre for Nigerian Dutch Dairy Development (CNDDD) has said that for a strong sustainable dairy sector to emerge, Nigerua needs to develop  local expertise and strengthen relevant institutions, Ben Langat said this during a webinar titled: “Harnessing the great unpolished diamond of Africa”, He also called on more partners to support its plan in ensuring a sustainable national dairy ...

Nigeria is losing multi-million dollars in the exports of cashew due to bad roads,  gridlock on Oshodi/Apapa Expressway and poor price at the international market. Last year, the National Cashew Association of Nigeria (NCAN) projected to export between 120,000 and 123,000 metric tons of cashew nuts. In 2019, the tonnes of cashew nuts that were exported was 120,000 metric tons ...

The Katsina State Government spent N4.3 billion to boost agricultural activities in 2017, Governor Aminu Masari said, on Monday, in Katsina the state capital. Masari told newsmen that 30,000 tonnes of fertilisers worth N4.08 billion were procured within the period, while N126 million was used to transport and distribute the commodity to the farmers. He said that N72.8 million went ...

The National Information Technology Development Agency (NITDA) has raised the alarm over potential cyber-attacks targeting banking, health and other systems, power and transportation systems, as well as other critical national infrastructure in the country. A statement signed by the agency and made available to journalists said its Computer Emergency Readiness and Response Team (CERRT), in conjunction with other industry stakeholders, ...

A financial research firm in Nigeria, FSDH, on Monday, predicted an unprecedented business profit and consumer income growth in the country this year than in the last three years. FSDH said in a report in Lagos that its analysis of the recent data from the Central Bank of Nigeria (CBN) on business and consumer expectations confirmed the position. It said ...

Ohanaeze-Ndigbo Youth Council (OYC) has called on Ndigbo to relocate their business headquarters to Igbo land and make South-East the economic hub of Nigeria. It lamented that most Igbo youths have lost their investments estimated at over N63 trillion in the North through the various fire incidence that gutted their shops, as well as the demolition exercises that was ordered ...

The Consumer Protection Council (CPC) has urged business owners to prioritise consumer protection as the pre-eminent factor in protecting brand, businesses, building confidence and corporate growth. Babatunde Irukera, Director General of CPC, in a statement by the Director, Public Relations of the council, Abiodun Obimuyiwa, said customer satisfaction was the most vital pillar to loyalty and trust. Irukera said this ...

Discussants at the All Africa Music Award (AFRIMA) 2017, on Friday unanimously called for digitisation of music produced in the African continent, to ensure global competitiveness. The discussants, who made the call at the Music Business Roundtable of the 2017 AFRIMA in Lagos, said that Africa should not be tardy with digitisation of its music brands. The event had as ...