Business

Nigeria leads Africa investability gains

Nigeria leads Africa investability gains

•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. The latest scorecard released yesterday, which assesses the relative investability of 19 African economies, […]
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Kewalram Group bids to curb faking of NGK plugs in Nigeria

Kewalram Group bids to curb faking of NGK plugs in Nigeria

“Today Kewalram Chanrai Group is a multinational conglomerate. It has operations in commercial hubs of many countries. Asahi Brands has now developed into an independent professional organisation marketing many well known consumer products. It is the exclusive importer /distributor for Bridgestone and Firestone brand of tyre, Valvolne Brand of lubricants from Hollande and Max Bat Brand of Batteries from Korea.

Stanbic IBTC bags best asset management company award

Stanbic IBTC bags best asset management company award

Stanbic IBTC Asset Management Limited, one of the Nigeria’s asset management firm, has been named the ‘Best Asset Management Company Nigeria 2015’ by the Global Banking & Finance Review. The Global Banking and Finance Review Awards honour institutions that stand out in their particular area of expertise in the financial industry. It recognises achievement, innovation, growth and evolutional changes in finance globally.

Leap Africa, Lafarge, others task SMEs on risk assessment

Leap Africa, Lafarge, others task SMEs on risk assessment

LEAP Africa, Lafarge and Sterling Bank Plc and other organisations have admonished Small and Medium Scale Enterprises, SMEs to put in place risk management in their businesses in order to have sustainable growth. The three companies gathered over 800 well-known business leaders, entrepreneurs, risk management experts in Nigeria’s business sector at the 10th CEOs Forum themed “Staying Ahead: Maximising Profits and Mitigating Risks.”

CBN to clear gas legacy debt, pays gas suppliers N6.9b

CBN to clear gas legacy debt, pays gas suppliers N6.9b

The Central Bank of Nigeria, CBN, yesterday paid gas suppliers the sum of N 6. 9 billion as part of its Nigerian Electricity Market Stabilisation Fund set aside to ensure a steady power supply to the Nigerian public.

Cargo delays at airports affecting business- Entrepreneur

Cargo delays at airports affecting business- Entrepreneur

An entrepreneur with interest in the boutique industry has lamented that cargo delays at the nation’s airports is seriously taking tolls on sales. In an interview with Vanguard, Mrs. Olaoti Efughi, the Managing Director/Chief Executive Officer of Annabel Boutique, said the key challenges facing people in business in the industry are the issue of cargo delays at the airports and the rate at which the Naira exchanges to foreign currencies.