‘Our goal is to supply 20% of solar panels used in Nigeria’
Bukola OdufadeJune 12, 2018
Solar panel assembling in Nigeria is still in its infancy in Nigeria as major solar companies are content with importing the various components from Asia and Europe. But Auxano Solar Ltd is a departure from the usual. It built the first solar panel assembling plant in West Africa and has since then caught the eyes […]
‘Dearth of R&D hindering growth in Nigeria’s oil and gas sector’
Businessam StaffJune 4, 2018
Mayowa Afe is the President, Oil and Gas Trainers Association of Nigeria (OGTAN) – an independent umbrella group of training services providers in the oil and gas industry established by the Nigerian Oil and Gas Industry Content Development Act in 2010 with the purpose of building local human capacity. In this interview with AYOBAMI ADEDINNI, […]
Kemi Adeosun: We have recovered N13.8bn, secured four convictions under the whistleblowing policy
Businessam StaffMay 28, 2018
Kemi Adeosun, Nigeria’s minister of finance, at the weekend spoke on sundry issues including the whistleblower policy, VAIDS, IPPIS, the 2017 and 2018 budgets, as well as fielding questions from the media on the economy and fiscal operations management of the government. Excerpts: Whistleblower policy and tax evasion recoveries The whistleblower policy is one of […]
‘Losing monetary independence is not worth it if trade is less than 10%’
Adesola AfolabiMay 28, 2018
Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank, fielded questions bordering on the state of industrialization, integration, investments, and finance on the African continent at sideline of the 2018 Annual Meetings of the African Development Bank Group in Busan, Korea. Business a.m.’s ADESOLA AFOLABI who monitored the televised […]
Government can woo private sector by executing gas infrastructure blueprint
Bukola OdufadeMay 21, 2018
As the world embraces diversified fuel sources, sophisticated energy facilities and different sources of clean energy, growth in the Nigerian gas industry is happening at a very slow pace, and the country is lagging behind. Poor implementation of the Gas Master Plan, inadequate gas infrastructure, and ineffective pricing, the key issues still persist. Chijioke Nwaozuzu, […]
‘We will target agriculture, health, education, transport, renewable energy to grow our risk assets’
Businessam StaffMay 14, 2018
Abubakar Suleiman, the newly appointed CEO for Sterling Bank visited the Nigerian Stock Exchange (NSE) last week to present the bank’s fact behind the figures. He spoke to a financial journalist on his plans as the new CEO and shared insights on the growth of the bank’s Q1 top and bottom line. ADESOLA AFOLABI who […]
Every human being is a millionaire, but many die penniless – Awosika
Adesola AfolabiMay 14, 2018
Businesses across the globe are often times plagued with the hard decisions bordering on expansion, customer’s passion and avoiding financial stagnation. These decisions for business owners in entertainment may be more profound as issues other than running cost and meeting deliverables compete with showing up, showbiz and looking good to negatively impact bottom lines of […]
Nigeria operates uneconomic, illiquid gas, power sectors
Businessam StaffApril 25, 2018
Dada Thomas, Managing director of Frontier Oil limited and serving president of the Nigeria Gas Association spoke to business a.m. on the investment climate in the Nigerian gas and power sector, and the myriad of challenges operators face, from pricing to fiscal laws governing operations in the sector, as well as the way forward to […]
Nigeria needs to review tax regime on investment to boost other funds outside pension funds
Businessam StaffApril 4, 2018
Egie Akpata’s experience cuts across international banking, real estate and energy. In 2013 when Union Bank Plc decided it was going to simply be a commercial bank and sell off its subsidiaries, Egie and his colleague, Tunde Sarunmi, stepped up and took control of Union Capital Markets Limited, which had been in business since 1999. […]
We see massive collaboration among telcos in Nigeria
Businessam StaffMarch 29, 2018
About three weeks ago, a Canadian, Miriam Tuerk, managing director of Clear Blue Technologies of Canada, placed a call to business a.m. to announce that she was coming to Nigeria and would like an exclusive interview with this newspaper. Being only five weeks in the Nigeria print media market, it came as a surprise that […]