Ayade’s unorthodox budgeting offers mystical powers in Cross River

Analysts wait to see how he manages state’s economy   On Wednesday, February 6, Ben Ayade, suave-talking governor of Cross River State, presented the state’s 2019 appropriation bill of N1.043 trillion to the state House of Assembly. Till date, it is the biggest budget by any Nigerian sub-national state. Lagos State, with a red-hot economy, […]

Elshcon Nigeria joins league of companies to successfully migrate from GAAP to IFRS

Elshcon Nigeria Limited (ENL), an integrated indigenous group of companies operating in the energy and maritime sectors with focus on value, client satisfaction and retention recently joined the league of very few Nigerian companies to successfully migrate from the Generally Accepted Accounting Practices (GAAP) to the more advanced International Financial Reporting Standards (IFRS). With a […]

NPA undertakes water channel oil-spill clean-up at Onne Ports

Nigerian Ports Authority (NPA) has commenced water channel oil-spill clean-up at the Federal Oceans Terminal (FOT) Onne Ports, near Port Harcourt, Rivers State, after many years of neglect of the area.  Onne’s Federal Ocean and Federal Lighter Terminal are part of the seven ports that constitute the Eastern Ports. Barbara Ejemeh Nchey-Achukwu, acting port manager […]

Delta’s STEP, YAGEP ramp up job schemes for 4,253 youths

state’s akwaocha fabric trends in foreign fashion shows   Delta State’s two economic empowerment agencies, the Skills Training Entrepreneurship Programme (STEP) and Youth Agricultural Entrepreneurs Programme (YAGEP) said they have, in three years, taken out some 4,253 previously unemployed youths in the state into becoming business owners. The programmes are under the state’s job creation […]

Onne Ports trains 20 indigenes from host communities in artisanship

Onne Ports, a major component of the Eastern Ports, has embarked on corporate social initiatives in its host communities, to stave off occasional community restive attacks on the port area. To this end, some 20 indigenes drawn from Ogu and Onne would go for training and empowerment in artisanship. The programme is being packaged by […]

Enugu pledges to improve its sub-national ease-of-doing business

…as Ugwuanyi inaugurates neurosurgical health facility Enugu, Nigeria’s south-eastern sub-national state, with an estimated gross domestic product (GDP) economy of $6.5 billion, says it is ramping up its ease-of-doing business, especially to attract private investment into the coal-rich state. Already, one of such private investments is a multi-million-naira neurosurgical reference health facility, the Memfys Hospital, […]