Ayade’s unorthodox budgeting offers mystical powers in Cross River

Ben EguzozieFebruary 20, 2019

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

Chris IkosaFebruary 5, 2019

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

Ben EguzozieFebruary 5, 2019

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

Ben EguzozieFebruary 5, 2019

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

Ben EguzozieFebruary 5, 2019

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 […]

We are in Nigeria to create a difference in the clothing sector

February 5, 2019

Turkish High Quality Global Clothing Factory has come to Owerri, the capital of Imo State to create a difference in the clothing and fashion industry. ELIZABETH JOHN, the manager tells business a.m’s DIKACHI FRANKLIN why Owerri, the Imo State capital has been chosen as the African headquarters and the impact they have created among the […]

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

Ben EguzozieJanuary 17, 2019

…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, […]

Construction sector marred by corruption

January 12, 2019

CHUKWUDI OBASI, managing director/chief executive officer, OBCHUKSUM Engineering Nigeria Limited, is a professional engineer whose firm is into structural engineering, construction, surveying, property development and oil services. He tells DIKACHI FRANKLIN in this interview in Owerri, Imo State, that the construction sector is enmeshed in corrupt practices and wants government agency, particularly the Standards Organisation […]