Business

What Buhari has to do to take Nigeria’s economy to the next level

Nigerians celebrate the announcement of Muhammadu Buhari’s victory. But can he deliver jobs this time round? EPA/Stringer Stephen Onyeiwu, Allegheny College One of the main reasons newly-elected Nigerian president Muhammadu Buhari had been widely expected to lose his bid for a second term was the poor state of the country’s economy. Under his presidency, Nigeria’s unemployment rate more than doubled, ...

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I Didn’t Resign, My Tenure Expires In June, Says Emefiele

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims in some quarters that he had been asked to proceed on terminal leave. There had been speculations that President Muhammadu Buhari had asked the apex bank boss to proceed on terminal leave. The leave according to some online media was to last for three months ...

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Poll Results: Stock Market Investors Lose N170bn In Two Days

The nation’s stock market recorded sustained losses totalling N170bn in two days, following the announcement of the results of the presidential election. Investors lost N84.4bn on Tuesday and N85.6bn on Wednesday, erasing the gains recorded in previous sessions before the elections. The market recorded early gains on Wednesday but dropped below the 32,473.82 basis points, which the market closed with ...

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Traditional CV Is Dying As Employers Leverage New Technology To Find Ideal Candidates

In the next three years, top HR executives and employers have asserted that the biggest impact on recruitment will be Technology Augmenting the Hiring Process. In other words, how technology will make the hiring process more effective through easier filtering and more accurate matching. This discovery, along with other invaluable insights into the evolution of the job market has been pioneered ...

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Dangote, Imouhkuede Launch Africa Business Coalition For Health

… receive endorsement from African Heads of State An ambitious platform designed to bring together business leaders in Africa to collaborate with heads of government and other stakeholders to tackle basic health challenges in Africa has been launched in Addis Ababa, Ethiopia with assurances from government to collaborate for a healthier Africans. The platform, African Business Coalition for Health (ABC ...

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PENGASSAN Moves To Strengthen Industrial Relations 

Raymond Ozoji, Awka The Port Harcourt zone of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has held a two-day conference geared towards strengthening and improving industrial relations. At the conference, PENGASSAN concurred that industrial disharmony and strike actions were not the most veritable options in the pursuance of better working conditions for members. Rather the survival ...

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Lafarge Africa Rewards Distributors, Pledges Support For Their Business Growth

In a bid to celebrate high performers and support the business growth of its trade partners, leading cement manufacturer and building solutions provider, Lafarge Africa, has rewarded its performing trade partners for excellent performance in the year 2018. The Customer Appreciation Awards which held in three cities including Gombe, Ibadan, and Enugu, celebrated customers who distribute Lafarge Africa’s range of ...

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Updated: Ambode Presents N852.316bn Budget

Earmarks 54% for capital expenditure, 46% for recurrent Targets N775.2bn IGR, to complete major ongoing projects As Lagos Speaker says he has nothing against governor Lagos State Governor, Mr Akinwunmi Ambode, on Tuesday presented the year 2019 budget proposal of N852.316billion to the House of Assembly, with a pledge that it had been carefully prepared to be all-encompassing and dedicated ...

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Bomb Threat: Passengers Hail Air Peace Crew

Passengers on Wednesday commended the crew of Air Peace Flight P4 7121 for prioritising their safety and returning to the Nnamdi Azikiwe International Airport, Abuja after receiving information that there was an explosive on board the aircraft. A statement issued by the Corporate Communications Manager of the carrier, Mr. Chris Iwarah confirmed the incident, saying the operating crew acted professionally ...

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Investment In Refinery, Petrochemicals Is Driven By Innovation, Efficiency, Says Dangote

The ongoing investment in refining, petrochemicals, fertilizer and gas is driven by the desire to bring innovation and efficiency into all aspects of Nigeria’s oil and gas sector, the President/Chief Executive, Aliko Dangote has said. Dangote, who made this disclosure yesterday at the ongoing Nigeria International Petroleum Summit in Abuja, said the company was committed to the concept of energy ...

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