Business

Why Owners Of Jumia Sold Off Their Firm

Why Owners Of Jumia Sold Off Their Firm

Business February 19, 2014 at 4:45 pm 1 comment

Jumia is rated as one of the thriving e-commerce brands in Nigeria. It became a household brand within two years. The owners’ decision to sell all their equity to some global investors has sparked interest, writes ADEDEJI ADEMIGBUJI.
Emotions ran high the

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Abia Is Safe For Investments, Says Orji

Abia Is Safe For Investments, Says Orji

Business February 19, 2014 at 12:46 am 0 comments

…Commends Hy-Lok Nigeria Ltd for investing in the state

Abia State Governor, Chief Theodore Orji, says his administration will continue to provide the enabling environment for businessmen to invest in the state.

Governor Orji gave the assurance when he received the Chairman and members of Board of Directors

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CPC Moves Against  Coca-Cola Over Circulation Of Harmful Sprite Drink

CPC Moves Against Coca-Cola Over Circulation Of Harmful Sprite Drink

Business February 19, 2014 at 12:13 am 0 comments

Determined to fully protect Nigerian consumers from unwholesome practices of multi-national and local companies, the Consumer Protection Council has directed the Coca-Cola Nigeria Limited and the Nigerian Bottling Company to subject their manufacturing processes to the Council’s inspection for a period of 12 months to ensure compliance with laid down

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2014 Budget Of Corruption! How Ministry Of Finance Copied 2012 And 2013 Budgets Word For Word

2014 Budget Of Corruption! How Ministry Of Finance Copied 2012 And 2013 Budgets Word For Word

Business February 5, 2014 at 10:29 am 0 comments

A member of the Senate representing Ekiti Central in the National Assembly, Senator Babafemi Ojudu, has said that he has uncovered what can be term a monumental fraud in the 2014 budget.
The Senator at Tuesday sitting of the Senate explained to his colleagues that he compared the 2014 budget

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318 Houses In Lagos To Pave Way For N320bn 8-Kilometre 4th Mainland Bridge

318 Houses In Lagos To Pave Way For N320bn 8-Kilometre 4th Mainland Bridge

Business January 29, 2014 at 9:27 am 0 comments

The construction of the Fourth Mainland Bridge in Lagos State may be delayed as no fewer than 318 buildings will be demolished for the bridge to take-off.
The state government yesterday made this disclosure at a joint press briefing on the 2014 budget analysis by the Commissioner for Economic Planning

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South African Investors Plan Ethanol Refinery In Edo

South African Investors Plan Ethanol Refinery In Edo

Business January 28, 2014 at 7:08 pm 0 comments

By Eranga Isaac
South African investors have indicated interest to set up an ethanol refinery in Edo State and turn the state into the China of Africa. Executive Chairman of Industrial Development Holding, South Africa, Mr. Mxolesi Mbetse made the disclosure when he paid Governor Adams Oshiomhole a courtesy visit

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