Elshcon Nigeria joins league of companies to successfully migrate from GAAP to IFRS
Chris Ikosa
February 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 […]
Revamping Adalpalm, rubber plantation, power plant dominate PDP election campaign at Ohaji/Egbema
Dikachi FranklinFebruary 5, 2019
By Dikachi Franklin in Owerri Plans to resuscitate the largest oil palm plantation owned by Imo State government, the rubber plantation at Obitti in Ohaji/Egbema local government area, which has been left to rut by both past and present governments, to ensure they operate at optimal levels took the centre stage of the […]
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 […]
2000 textile jobs come under threat in Kano as AMCON dangles hammer on Nigerian Braiding
Jacob AjakaiyeFebruary 5, 2019
By Jacob Ajakaiye, in Kano About 2, 000 textile workers of Nigerian Braiding Manufacturers (NBM) in Kano are on the verge of joining the league of unemployed citizens as the Asset Management Corporation of Nigeria AMCON is allegedly making moves to begin sale process of the company over a N1.5bn debt. The unaided workers […]
We are in Nigeria to create a difference in the clothing sector
Dikachi FranklinFebruary 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
Dikachi FranklinJanuary 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 […]
Plateau State proposes N148bn budget for 2019
Hope Ikwe in JosDecember 29, 2018
Hope Ikwe, in Jos Plateau State government has proposed an appropriation bill of one hundred and forty-eight billion, seven hundred and twelve million, ninety-eight thousand, five hundred and sixty-five naira (N148,712,098,565.00)for 2019 fiscal year tagged ‘Budget of Rescue and Infrastructural Growth’. The budget has a recurrent expenditure estimate of eighty-three billion, three hundred and […]