Business

Nigeria’s economic recalibration good for business — Jumia CEO

Nigeria’s economic recalibration good for business — Jumia CEO

By Etop Ekanem  Chief Executive Officer of Jumia Group, Francis Dufay, has offered a perspective that placed Nigeria not at the margins of risk, but at the centre of reform, growth and stability. Speaking during a panel on emerging markets, at the Sohn Conference in New York, Dufay described the period between 2021 and 2024 as […]
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APM Terminals breaks productivity record

APM Terminals breaks productivity record

APM Terminals Apapa Limited, operator of the Container Terminal in Apapa, Lagos has set another safety record: the company’s operation now boasts of more than two hundred days without a lost_time injury among its over 800 employees.

River Niger Dredging: Group faults FG’s N4b order

River Niger Dredging: Group faults FG’s N4b order

The directive by the Federal Government to the management of the Nigerian Ports Authority, NPA, and Nigeria Maritime Administration and Safety Agency, NIMASA, to contribute N1 billion each for the dredging of the River Niger has been faulted by the leadership of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA.

Terminal operator distances self from 150 missing  containers

Terminal operator distances self from 150 missing containers

By Godfrey Bivbere Management of Sepid Agencies Ltd.,   managers of IKT has distanced itself from recent reports of missing 150 containers at the Ikorodu Lighter Terminal, ILT, stressing that they have done everything by the book since assuming management of the terminal. Managing Director of Sepid, Prince Sakiru Adetona at a forum in Lagos, told […]

Arrears of monetisation pitches NPA management against workers

Arrears of monetisation pitches NPA management against workers

THE payment of the enhanced salary package (monetisation) to workers of the Nigerian Ports Authority, NPA which began in July last year, has pitched management against staff of the authority as staffers are calling for the payment of arrears of the monetisation policy.

NPA seeks for regulatory power in port operations

NPA seeks for regulatory power in port operations

The Nigerian Ports Authority, NPA has strongly canvassed to be given the role of technical and commercial regulator in the country’s post-concession port industry in order to achieve international best practices in the system.

Dufil Prima warns consumers against contaminated products

Dufil Prima warns consumers against contaminated products

Dufil Prima Foods Plc has warned consumers never to consume pest infected products and not to store indomie noodle near insecticides, and kerosine, adding that one can not recognise an unsafe meal until after consumption.

Leventis  snacks factory remains shut

Leventis snacks factory remains shut

There seems to be no end in sight to the lingering industrial unrest between the management of
Leventis group, and workers of its snacks factory over right to freedom of association as an earlier meeting fixed for yesterday between the management and officials of the Nigeria Labour Congress (NLC), to find solution to crisis was called off at the last minute.

Nigeria tasks Japan on  raw commodities

Nigeria tasks Japan on raw commodities

The Japan International Cooperation Agency, JICA, has been urged to focus on those factors that would increase production and add value to Nigeria’s raw commodities in the One Local Government One Product programme.

Notore , signs 250,000 metric tonnes rice mill with Taraba

Notore , signs 250,000 metric tonnes rice mill with Taraba

IN an apparent bid to reduce the volume of rice imports into the country, Notore Chemical Industries Limited, and Taraba State Government have signed a memorandum of understanding, MoU, to build a multi-billion naira rice mill in the state.

Oando diversifies to industrial sector

Oando diversifies to industrial sector

Oando PLC has announced expansion of its investments from oil and gas into industrial sector. The company cited its Kaduna Lubes Plant for the manufacturing of Oleum range of lubricants, and its Greenfield products reception terminal at the Lekki Free Trade Zone, Lagos as examples of its expansion drive.

Customers troubled over distressed GreenHouse Investment Solutions

Customers troubled over distressed GreenHouse Investment Solutions

Customers of Green House Investment Solutions have expressed concern over the uncertain state of the microfinance institution as it battles to recover from failed investments that led to its temporary closure, which could sound the death knell for the microfinance sector that is gradually gaining public trust and patronage by depositors.

ICAN warns Accounting Technicians against fraudulent acts

ICAN warns Accounting Technicians against fraudulent acts

The 45th president of the Institute of Chartered Accountants of Nigeria, ICAN, Mrs. Elizabeth Adegite, has warned Accounting Technicians against fraudulent practices that can bring the reputation of the profession to disrepute.

Ogun N50bn bond smacks of economic sabotage,  says Ogunlobi

Ogun N50bn bond smacks of economic sabotage, says Ogunlobi

Chairman, Ogun East of Peoples Democratic Party (PDP), Elders Council, Chief Kolapo Ogunjobi has called for serious caution from the members of the Ogun State House of Assembly on the resolution 167 in order not to put a clog in the wheel of progress in the state.