Business

Food Crisis: Cost of healthy diet rises further — NBS Report

By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
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ADVAN reiterates resolve to work with NPAN if….

Advertising Association of Nigeria (ADVAN) newly elected executives have said it is ready to work in collaboration with the Newspaper Proprietors Association of Nigeria (NPAN), where there is clear case of improvement in the ability to improve content.

Fulbright Scholarship: Bank PHB renews partnership with US Embassy

Bank PHB over the weekend signed a Memorandum of Understanding (MOU) with the United States Embassy extending its sponsorship of the Fulbright Scholarship for another four years. The United States was represented at the signing by Ms Robin Renee Sanders, The Ambassador of the United States of America to Nigeria, at a special dinner organized to mark the event.

Diaspora Igbo economic summit to promote education

THE First Diaspora Igbo Economic Summit in Atlanta, USA, has resolved to set up a special fund education. In a communiqué at the end of the two-day event that ended May 30, it was resolved “to organise the Igbo Diaspora to provide the necessary support for quality vocational education across Igboland that will afford the Igbo unemployed the opportunity to learn valuable skills for the modern economy”.

Gov. Obi appeals for massive investment in state economy

THE Anambra State governor, Peter Obi, has said massive investment and effective development plan were critical to growth of the state stressing that there was no development master plan in place when he assumed office which was why, he had to take time to plan the direction the state would move to ensure its rapid economic development.

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We Need Powers to Sanction Erring Operators — Shipper’s council boss

The Nigerian Shippers Council (NSC) is statutorily charged with the responsibility of protecting the interest of shippers in the country. In this interview with Godfrey Bivbere & Moses Nosike in Lagos, the Executive Secretary of NSC, Captain Audu Adamu Biu explains the challenges and achievements of the council, besides other issues in the maritime industry. […]

Nigerian banks stable —Fitch

Fitch yesterday released the full assessment of 11 of the 24 banks operating in the country downgrading some from positive outlook to stable outlook.

Expendition society’s tourism award for eminent Nigerians

The Metropolitan Police Expedition Club and the Expedition society of Nigeria (ESN) have pencilled down Dr Emmanuel Uduaghan, Delta State Governor , his Niger State counterpart, Dr Babangida Aliyu and former Vice President, Atiku Abubakar for an International Tourism award.

Tourist boards urged to market despite downturn

Tourist boards must carry on investing to promote their destinations, despite the recession.That was the call from speakers at World Travel Market’s first WTM Vision conference in London.‘It is not a time to be a shrinking violet,’ said Peter Shanks, Carnival UK chief commercial officer.

Ebbesen: ‘we want to transform Abuja Sheraton’ $10m for renovation

Before his appointment as the General Manager of Abuja Sheraton Hotel, Danish national Mr. Morten Ebbesen also held same position at the Corinthia Hotels International, comprising the five_star Corinthia Beach Resort, Corinthia Hotel St George’s Bay and the adjoining Marina Hotel.

Diamond Bank to showcase card products at 2009 CardExpo Africa

As part of efforts to foster a cashless economy by encouraging the adoption and preference for card transactions in the Nigeria, Diamond Bank PLC has concluded plans to participate actively at the 2009 CardExpo Africa.
The Bank will be participating as a Platinum Sponsor at the event billed to hold in Lagos from June 16 to June 18, 2009 and will have an exhibition stand at the three day event.

Stakeholders chart course for improved rice production

THE United States Agency for International Development (USAID) and major stakeholders in the Agriculture sector yesterday urged the Federal government to as a matter of urgency bring up modalities that would increase the competitiveness of agro business especially in the face of the present global economic meltdown.

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