The Institute of Strategic Management, Nigeria (ISMN), has said that strategy and leadership should be given priority to help solve national problem and create development.

Palm oil refining and production has in the past, and in recent times become a lucrative business in Nigeria. In fact, some might refer to it as a ‘liquid gold’ that could potentially be the saviour of the Nigerian economy, improving its economic outlook in the International community and bringing it out of the doldrums that has plagued it for over three decades, however, Okomu Oil Plc has shown that this is in fact possible.

…insist politicians, highly placed individuals are responsible
WORKERS in the nation’s petroleum industry have accused the Presidency of being economical with words over the alarming rate of crude oil theft in the country, insisting that politicians and highly placed individuals are responsible for the increasing crude theft.

THE Federal Government has given the Nigerian Ports Authority, NPA, two weeks to determine the cost implications of the arrears and modalities for payment of the 12 months salary arrears to Tally Clerks and on-Board securities men members of Maritime Workers Union of Nigeria, MWUN.

The importation of goods into Nigeria by traders who seem to be showing preference for variant lucrative business attractions that Dubai offers compared to what is obtainable in China has continued to generate comments by Nigerians. In this report, Nigerian businessmen and women, who bared their minds, believe that business in Dubai, the Persian Gulf city, is more favorable.

The fresh impetus by Nigeria Customs Service (NCS) to stem illegal trades at Idiroko border is yielding positive results in various ways. The Command recently made spectacular seizures of band items including petroleum products and bulldozer excavator. When Sunday Vanguard visited the border, it was observed that specific communities like Ipokia, Ajilete and Owode where the people were volatile, as smuggling was so prevalent, had experienced relative peace in the last seven months. Also, the point where officers check movement of border traders at the major entry line between Nigeria and Benin Republic has been repositioned

Chinese banks took control of setting loan interest rates on Saturday as the country’s central bank warned them to be prudent and alert to credit risks.

The African Development Bank, AfDB, and the ECOWAS Commission have reiterated their support for the establishment of a sealink project to help deepen trade in the West African sub-region.

OLUWATOSIN AGBETUSIN is not only a Programme Manager with Ericsson Nigeria, but also the first Nigerian to bag a Programme Management (PgMP) certification from the renowned Project Management Institute in the US. In this interview with Saturday Vanguard Business, he recommends the same expertise for forward-looking parastatals, corporate bodies and businesses. Excerpt:

The court-ordered Extra Ordinary General Meeting, EGM, between GlaxoSmithKline Consumer Nigeria Plc and its Nigerian shareholders over proposed scheme for the reorganisation of capital ended in a stalemate.

The Federal Government has mapped out strategies to maximise the country’s fruit juice concentrate processing, according to a report made available on Friday in Abuja.

The Federal Government said it will fast-track the establishment of vibrant and efficient venture and equity capital organisations that will help provide cheap funds for Micro, Small and Medium Enterprises across the country.

The Federal Government has commenced the sale of the AMCON-owned banks, with the appointment of Citigroup and Vetiva Capital to manage the sale of one of the banks — Enterprise Bank Limited.

The Institute of Directors Nigeria, IoD, has revealed that it is working in collaboration with the Nigerian Stock Exchange, NSE, to strengthen corporate governance structure in the market.

Asset Management Corporation of Nigeria, Thursday, said it is in advanced discussions with Mr. Kolapo Lawson, Chairman, Ecobank Transnational Incorporated, ETI, over the repayment of a N1.6 billion loan, and also debunked claims that it has reached an agreement with the chairman.