Business

The federal government’s reforms have been applauded by the Nigeria Employers’ Consultative Association (NECA), which it says has reflected in improvement in the country’s ranking in the World Bank Doing Business 2020 Report. NECA which said this through its Director-General of NECA, Mr. Timothy Olawale in Abuja highlighted some of…

The maritime sector has experienced a $500million boost in the last three years, following the intervention from the African Export Import Bank. The bank said that, its intervention include more than US$500million facilities for the Onne Port expansion in the Onne FTZ, Nigeria, Gabon, Cote D’ivoire, vessel finance for delightering,…

Employers association, Nigeria Employers’ Consultative Association (NECA) has expressed its concerns over the recent sealing of the premises of Nestlé Nigeria PLC by officials of the National Lottery Regulatory Commission (NLRC). NECA stated that this approach is counter-productive to the efforts to improve the ease of doing business in Nigeria…

For allegedly involved in the smuggling of rice into Nigeria, a Federal High Court sitting in Abuja on Monday ordered the temporary freezing of 45 bank accounts belonging to three companies. The companies whose accounts were domiciled with ten commercial banks in Nigeria are Sun Sam A1 International Limited, Sun…

In commemoration of this year’s Customers Service Week, the Enugu Electricity Distribution PLC (EEDC) is offering free eye screening and health check to its customers in Enugu and Owerri. The exercise, which is part of the various activities lined up by the organization coincides with the World Sight Day, which…

Political Economist and Management expert, Prof. Pat Utomi has identified regulatory risk as the biggest challenge of businesses in Nigeria and called for national strategy in policy formation. Utomi spoke alongside other stakeholders at the Regulatory Conversations 4.0 with the theme `Foreign Exchange Restrictions on Food Imports and Implications for…

Dr. Corttrell in a warm handshake with Paul Maduakor of Haggai Sportswear. Sports Kit Company in Nigeria, Haggai Sportswear on Friday sealed a partnership deal with American sports agent and consultant, Dr. Corttrell Kinney. The deal which was confirmed in a statement according to the Lagos based sportswear company is…

Some apprehended vandals. Enugu Electricity Distribution PLC (EEDC) has said that collaboration with security agencies against the activities of vandals within its network is yielding results. The company made this known in a statement issued and signed by its head, communications, Chukwuemeka Ezeh. Ezeh said EEDC is not relenting on…

Employers association, Nigeria Employers’ Consultative Association (NECA), has hailed the constitution of the Economic Advisory Council by president Muhammadu Buhari. The Umbrella Organization of Employers in the Organized Private Sector of Nigeria, made the commendation in Lagos, through its Director General, Timothy Olawale. Mr. Olawale commended President Muhammadu Buhari for…