Business

Emzor raises N26.7bn bond to boost local drug manufacturing

Emzor raises N26.7bn bond to boost local drug manufacturing

By Yinka Kolawole Emzor Pharmaceutical Industries has raised a $19.8 million (N26.7 billion) Series 1 Fixed Rate Bond on the FMDQ Group Exchange, in a major move to strengthen local pharmaceutical manufacturing and complete West Africa’s first full-scale anti-malarial Active Pharmaceutical Ingredient (API) manufacturing facility. The bond, issued through Emzor’s special purpose vehicle, Emzor Pharma […]
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Banks still cut corners, laments Labour

Banks still cut corners, laments Labour

ORGANISED Labour in the banking sector has raised alarm that banks in the country are still cutting corners in spite of the recent reforms and said that the regulatory agencies are not doing enough to check un-ethical practices in the sector.

CWC Group announces Senator Maeba as speaker at NOG Tech Conference

CWC Group announces Senator Maeba as speaker at NOG Tech Conference

The CWC Group, organisers of the annual Nigerian Oil and Gas Conference and the Ghana Oil and Gas conference has announced that the Chairman Senate committee on upstream petroleum, Senator Lee Maeba would be speaking about the recently signed Nigerian Oil and Gas Industry Content Development Bill during the forthcoming Nigerian Oil and Gas (NOG) Tech conference in June.

Central Motor Works aims to be the  best and not the biggest , Mofunanya

Central Motor Works aims to be the best and not the biggest , Mofunanya

There is no doubt that given the right push and the enabling environment, Nigeria could rank among the greatest in the world with her array of human resources. Nigerians are all over the world doing great things in every field of endeavour and many are willing to come back home and help the economy grow. The only thing they ask for is an enabling environment chief of which is power supply.

Allegation of N5 million corruption, manipulation of electioneering  process tear ICAN apart

Allegation of N5 million corruption, manipulation of electioneering process tear ICAN apart

Members of the Institute of Chartered Accountants of Nigeria are at each other’s throat over allegation of corruption, no regard for due process in the award of the Institute’s contracts, outright rejection of due process and corporate governance. Other ethical issues and suppressed anger are among the several things tearing the ICAN members apart.

Hard times are here in 2010. How do you plan to cope?

Hard times are here in 2010. How do you plan to cope?

2010 is probably a year that many innocent Nigerians will be made to pay for the lack of policy direction and recklessness of their leaders. When Dr. Ngozi Okonjo-Iewala became minister of Finance and the chairperson of Obasanjo Economic management team, she introduced the excess crude revenue account to which monies realised from the sale of crude oil above the budget bench mark was saved. The account, in no time, blossomed following favourable oil price. It rose to as much as $20 billion. States, local government started the agitation for its sharing.

The legend of Coca-Cola

The legend of Coca-Cola

The Coca-Cola Company started out as an insignificant one man business and over the last one hundred and ten years it has grown into one of the largest companies in the world. The first Chief Executive of the company was Dr. John Pemberton, the pharmacist from Atlanta who, In May, 1886, concocted the Coca Cola formula in a three legged brass kettle in his backyard.

Sustainable Business and National Growth: Never By Chance

Sustainable Business and National Growth: Never By Chance

Gud aftunun, Okechwa owuke, I’m calling from Limo, my name is Doris, to inform you a car has been arranged to pick you tomorrow, yesterday, at, emm, 10:40, which means at 22.40 from the hotel marina, any time for the pick-up. You may call our office…!.

Nigerians should use   refurbished cars,  Eugene Conway

Nigerians should use refurbished cars, Eugene Conway

The Nigerian business environment welcomes the use of used cars as well as new ones. The introduction into the auto world stands to benefit users especially low income earners as buyers will not close their bank accounts for the purchase of one car. This is how it is in other countries of the world even in South Africa where the market of used cars is a big one.

Starcomms entices subscribers with music on phone

Starcomms entices subscribers with music on phone

Starcomms Plc, Nigeria’s innovative telecommunications company has introduced for its subscribers, a two-in-one service of music-on-demand and music dedication. These services, tagged “say-it-with-a-song” are available on all Starcomms phones.

Cocoa: Abia, Bill Gates sign MOU

Cocoa: Abia, Bill Gates sign MOU

ABIA state Government has signed a Memorandum of Understanding [MoU] with Bill and Blinder Gates for an improved cocoa production project, tagged “Cocoa Livelihood Programme”.