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Gloo.ng unveils plan to capture online grocery market

Gloo.ng unveils plan to capture online grocery market

Chief Executive Officer of Gloo.ng, Dr Olumide Olusanya has said that he aims to capture at least 5 percent of Nigeria’s online grocery market in the next five years and to cover the whole of Lagos by September 2014.
Gloo.ng is an online grocery store.

Niger Republic to handle IRS plane crash investigation

Niger Republic to handle IRS plane crash investigation

Acting Director General of the Nigerian Civil Aviation Authority, NCAA, Engr. Benedict Adeyileka has revealed that the investigations into the IRS plane crash will be handled by the civil aviation authority of Niger Republic.

Capital importation peaks at N3.42 trn in 2013, says NBS

Capital importation peaks at N3.42 trn in 2013, says NBS

The National Bureau of Statistics (NBS) has said that Nigeria’s capital importation stood at 21.3 billion dollar (N3.42 trillion) in 2013. The figure is higher compared to the 11.2 billion dollar (N1.80 trillion) and 5.7 billion dollar (N917.70 trillion) recorded in 2008 and 2009, respectively.

2015:  Oshimili South PDP endorses  Delta  Speaker for 2nd term

2015: Oshimili South PDP endorses Delta Speaker for 2nd term

The Peoples Democratic Party, PDP, in Oshimili South Constituency of Delta State, weekend, endorsed the Speaker of Delta State House of Assembly, Mr. Peter Onwusanya, to contest the 2015 state House of Assembly election for a second tenure

NBCC sees £20bn trade between Nigeria, Britain

NBCC sees £20bn trade between Nigeria, Britain

The Nigerian British Chamber of Commerce, NBCC,has said that it expects trade between Nigeria and Britain to hit £20 billion within the next five years.The Nigerian British Chamber of Commerce, NBCC,has said that it expects trade between Nigeria and Britain to hit £20 billion within the next five years.

Discovery Air takes delivery of second aircraft

Discovery Air takes delivery of second aircraft

Discovery Air has taken delivery of another aircraft, B737-300. The aircraft which landed in Lagos from England at the weekend brings the number of aircrafts in its operations to two.

Tax implication of mergers and acquisitions

Tax implication of mergers and acquisitions

Merger is defined as “any amalgamation of the undertakings or any part of the undertakings or interest of two or more companies or the undertakings or part of the undertakings of one or more companies and one or more bodies corporate”. Simply put, a merger is a combination or integration of existing companies to form a single company

Expert advocates localising solutions to drive e-commerce

Expert advocates localising solutions to drive e-commerce

Afaedor made the call while speaking at this year’s edition of the Mobile West Africa conference held in Lagos.
Speaking on what is driving development in e-commerce and retail in Nigeria and on whether African version of Amazon can emerge from Nigeria, he explained that the key to success is to start from a customer and that it is not so much about the model than about good solutions that will serve a customer’s needs.

PENGASSAN threatens  strike  over  IPPS

PENGASSAN threatens strike over IPPS

PETROLEUM and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, weekend, threatened a nationwide strike should the Federal Government stop salaries of its members in government agencies over government’s refusal to exempt them from enrolment into the Integrated Personnel Payroll System, IPPS.

FG to offer 6,000km subsidy for optic  fibre deployment

FG to offer 6,000km subsidy for optic fibre deployment

ABUJA —In line with its mandate to take broadband connectivity to the hinterland, the Federal Ministry of Communication Technology has said it is offering a subsidy covering a distance of about 6,000 kilometres to service providers intending to roll out broadband infrastructure to the rural and underserved areas in Nigeria.

SON charges manufacturers to switch to high grade cement

SON charges manufacturers to switch to high grade cement

LAGOS— The Standard Organisation of Nigeria (SON), weekend, called on manufacturers of low grade cement (32.5MPA) in the country to commence the production of the high grade 42.5MPA, if they must remain in business.