Eko Atlantic Nigeria’s pride in driving volume FDI
Emerging floating city of the World, the Eko Atlantic City, has been adjudged as the highest driver of Foreign Direct Investments (FDIs) to Nigeria in the last few years. The city, popularly referred to as the most rising smart city…
42 European investors coming in November—FG
Many industrialized countries of the world have started internalizing the devaluation of the Nigerian currency to begin massive investments in the country. Revelations from the Office of the Minister of Agriculture and Rural Development, Chief Audu Ogbeh has given credence…
13 states, wood exporters seal deal to ‘cut 1 plant 2’
As part of renewed efforts to maintain sustainable forest resources, 13 State governments and Tropical Wood Exporters Association of Nigeria (TWEAN) have commenced moves to regenerate the depleted nation’s forests. The group has sealed a new deal in line with…
Why Dangote Group sacked 48 top staff
The sustained galloping cost of production driven by forex crisis has started taking tolls on expatriate quotas in several companies including Dangote Group. The development has lead to the sack of 48 expatriates and 12 Nigerians. In a letter signed…
GTBank plans Fashion Weekend to drive entrepreneurships
Leading innovative banking group, Guaranty Trust Bank has stepped up plans to host a world class fashion Week in Lagos soon. According to the lender, the GTBank Fashion Weekend is a consumer focused fashion exhibition and capacity building event that…
Erisco Foods received N2bn intervention from CBN
The recent claims by indigenous food group, Erisco Foods that it has not received adequate support from the government has punctured by a revelation that he received about N2bn intervention from the Central Bank of Nigeria (CBN). Few days ago,…
Unilever now highest employer in Nigeria
Unilever has been certified as the Top Employer in Africa for the third consecutive year, by the Top Employers Institute. The British-Dutch multinational consumer goods company was certified as the Top Employer in Nigeria, Zimbabwe, Ghana, and Kenya. Unilever Nigeria’s…
National Code of Corporate Governance now effective
Sanity may be underway in many corporate establishments as the much awaited National Code of Corporate Governance 2016 sponsored by the Financial Reporting Council of Nigeria (FRC) has become effective this month. The Code comes in three parts, which are,…
Expert fears abuse of N30bn intervention for mining sector
A finance analyst, Dr. Ken Gudugi has expressed reservations on the recent announcement by the federal government to boost the mining sector with about N30 billion, saying “My fear for the fund is that the sector is not yet well…
Land Use Act killing commercial farming in Nigeria—Ogbeh
The Minister of Agriculture and Rural Development Chief Audu Ogbeh has said the current Land Use Act is not favourable to agricultural activities and needs amendment. Ogbeh stated this in the ministry’s Policy and Strategy document made available to to…
