Business

NESG: Nigeria’s high production costs threaten industrial competitiveness

NESG: Nigeria’s high production costs threaten industrial competitiveness

By Favour Ulebor The Nigeria Economic Summit Group has warned that high production costs, unreliable electricity and poor logistics infrastructure are undermining Nigeria’s industrial competitiveness, calling for a council within the Presidency to coordinate industrialisation policies. Co-facilitator of the NESG, Lumun Feese, said Nigeria needed a coordinated approach to industrial development to address structural challenges […]
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‘Cake making has become work of art’

‘Cake making has become work of art’

The Managing Director, Vienz Flavours, Vivienne Bassey has advised women entrepreneurs in the country to embark on personal development in order to succeed in business and also compete favourably in a global business environment especially in developing countries of Africa where entrepreneurs have to work it out before their business grow.

Farmers, Artists, designers among Orijin’s 100 influencers

Farmers, Artists, designers among Orijin’s 100 influencers

As part of its empowerment process for those 100 ‘Originals’ qualified for Origin’s nationwide online search for empowerment, Origin from the stable of Guinness Nigeria Plc. organised a factory tour for the 100 ‘Originals’ to see for themselves the blending process that gave birth to origin drink made purely from African herbs, even as they were unveiled for the first time. The 100 ‘Originals’ also joined the brand ambassador, Reminisce as collaborators.

Edo Libyan returnees get 150 hectares, N100m seed capital for agribusiness

Edo Libyan returnees get 150 hectares, N100m seed capital for agribusiness

The Governor of Edo State, Mr. Godwin Obaseki, has approved 150 hectares of land and N100million seed capital for the 150 Libyan returnees and victims of human trafficking, who completed a skills acquisition training at the Edo Agricultural Development Programme (ADP) office in Benin City, the Edo State capital.

CPC comes after banks over excess bank charges

CPC comes after banks over excess bank charges

Against the backdrop of in-cessant public outcry, the Consumer Protection Commission, CPC, is set to come after banks over excess services charges. Also the Commission is set to intervene on behalf of electricity consumers over estimated billings and sundry services failures perpetrated by electricity distribution companies, Discos.