Business

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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Cooperative Societies Nurture More Entrepreneurs 

Raymond Ozoji, Awka Federal Cooperative College Oji River Enugu State was the venue of a three-day capacity building workshop for members of farmers’ cooperatives in Anambra state. The three-day brainstorming cum technical session was designed to seek improved means of enhancing farmers’ cooperatives in terms of finance, administration, membership, business and a host of others. Emphasis was on the need ...

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‘Under Siege’, Oil Industry Mulls Raising Returns And PR Game

When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics – climate change and pressure from investors. The conclusion of the discussions was worrying for those present – pressure is rising and the industry is losing a battle not to ...

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Boeing’s Flying Car Lifts Off In Race To Revolutionize Urban Travel

Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world’s largest planemaker bids to revolutionize urban transportation and parcel delivery services. Boeing is competing with arch-rival Airbus SE and numerous other firms to introduce small self-flying vehicles capable of vertical takeoff and landing. ...

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Africa CEO Forum: Jim Ovia, Awosika, Other Business Leaders To Discuss African Economic Integration

The 7th edition of the largest international meeting of Africa’s private sector will be held on March 25 and 26 in Kigali, Rwanda. Leading decision-makers from industry, finance and politics, will come from more than 70 countries to discuss regional integration along with other key topics for the development of Africa’s businesses. At a time when intra-continental trade remains too ...

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Why Nigeria should first support rice farmers before it cuts off imports

Rapid urbanisation is one of the reasons that Nigeria’s demand for rice is so high. Jeremy Weate/Flickr, CC BY-ND Rahman Akintayo Sanusi, Federal University of Agriculture, Abeokuta Nigeria spends an average of US $22 billion (₦7.92trn) each year on food imports. Its major food imports include wheat, sugar and fish. Another big import, rice, accounts for about US$1.65 billion, or ...

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