Female entrepreneur sets up skill acquisition center to empower youths
Onome Amuge
June 30, 2021
Ovaioza Skills Acquisition Center (OSAC), an establishment designed to aid the growth of youths in Nigeria through training on 21st century entrepreneurial skill sets has registered its commitment to delivering quality training, raising entrepreneurs, and improving wealth creation opportunities for young people all over the country. Imu Ovaioza, chief executive officer of the center, in […]
Pharmaceutical industry crucial to Nigeria’s health sector, Mopheth CEO
Onome AmugeJune 30, 2021
Kunle Oyegade, group managing director and chief executive officer of Mopheth Pharmacy, one of Nigeria’s leading pharmacies, has rated the pharmacy subsector of the economy as one of the most patronised and relevant health destinations during the Covid-19 inspired lockdown. Oyegade, who made the disclosure during an interview geared at providing advisory to Nigerians in […]
SMEs seek legislation, executive order to streamline taxation
Onome AmugeJune 30, 2021
Nigerian trade experts and operators of small and medium-sized enterprises (SMEs) have called for a legislation and presidential executive order to regulate taxation of small businesses to expand their survival rate and capacity for Africa Continental Free Trade Area (AfCFTA). This, they opined,will strengthen the Nigerian SMEs and prepare them to take advantage of opportunities […]
Nigeria: Opportunities in mass market amid tough macroeconomic climate
Dikachi FranklinJune 23, 2021
Naira losing purchasing power at 12% p.a. vs USD’s 2% Long-term inflation 12-14%; interest rate to remain negative Says opportunities lay in mass market, personal care products Advises on tech deployment; export trade against import Although the Nigerian statistics agency, National Bureau of Statistics’ (NBS) recent figures indicate recession exit by Nigeria, with marginal […]
ASR Africa grants Kwara, Sokoto, Ogun, Edo N10bn for healthcare in expansion plan
Onome AmugeJune 22, 2021
Kwara, Sokoto, Ogun and Edo, four Nigerian subregional states are benefitting from a N10 billion healthcare intervention grant through the expansion of the 2021 programme of the Abdul Samad Rabiu Africa Initiative (ASR Africa), founded by billionaire industrialist and founder and executive chairman of BUA Group, Abdul Samad Rabiu. Ubon Udoh, managing director, ASR […]
Ardova’s 100% takeover of Enyo nears completion
Charles AbuedeJune 17, 2021
After announcing five months ago that it has entered into discussions with shareholders of Enyo in a bid to take over its assets, Ardova plc said it has completed the 100 percent acquisition of Enyo Retail and Supply Limited. This was contained in a regulatory disclosure signed by Oladeinde Nelson-Cole and filed at the Nigerian […]
Dangote Cement successfully issues N50bn Series 1 bonds
Charles AbuedeJune 17, 2021
To list bonds on NGX and FMDQ platforms Sub-Saharan Africa’s largest cement producer, Dangote Cement plc, says it has successfully undertaken the issuance of N50 billion Series I fixed-rate senior unsecured bonds under a N300 billion multi-instrument issuance programme which it said will be listed on the Nigerian Exchange Limited and the FMDQ […]
UberX Hourly arrives Nigeria
Zainab IwayemiJune 8, 2021
ZBy Zainab Iwayemi Uber, the US-based ride-hailing platform, has launched its UberX Hourly in Nigeria to allow riders stop at multiple locations on a single ride by merely choosing an option of requesting a driver by the hour as riders complete essential errands or deliveries. Speaking on the new function open to Nigerians, Tope […]
NACCIMA takes charge of ACCI dispute resolution centre
Zainabs IwayemiMay 26, 2021
Zainab Iwayemi Following the memorandum of understanding signed between Abuja Chambers of Commerce, (ACCI) and Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), the Dispute Resolution Centre, DRC of the former will henceforth be managed by NACCIMA as the national centre for all chamber movement in Nigeria. NACCIMA had in its last council […]
Dangote, MTN, GTBank reign as most admired brands in Africa in 2021
Charles AbuedeMay 26, 2021
By Charles Abuede African-domiciled firms retain 13% share of top 100 most admired brands in Africa Dangote Group, MTN Group and Guaranty Trust Bank Group, among other African brands have been ranked as the most admired brands in Africa while the World Health Organisation (WHO) and MTN top the list of brands recognized as the […]