Category: Business

$500m Tunga sugar refinery ‘ll produce 90 megawatts, creates over 150, 000 jobs – Dangote 

Emporium Reporters

President, Dangote Group, Alhaji Aliko Dangote, said close to $500m have been expended on the Dangote Sugar Refinery in Tunga, Nasarawa State, with the project when completed, expected to generate 90 megawatts of power, as well as provide direct employment for thousands. Alhaji Dangote disclosed this when he led the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, as well as the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, on a tour of the facility, on Thursday. According to him, when the project fully takes off,…

DANGOTE, BUA AND MATTERS ARISING By Abba Dukawa

Emporium Reporters

Last December China’s State Administration for Market Regulation (SAMR) announced that it was investigating Alibaba for alleged monopolistic business practices. The investigation came when SAMR realised that he had abused its market dominance when punished merchants if they didn’t sell their merchandise exclusively on its platforms through a practice dubbed “er xuan yi,” which means “choose one out of two.” Just last Saturday SAMR fine Alibaba $2.8 Billion For Abusing Its Dominant Market Position.   This is how supervision agencies of businesses of any country should be by protecting all.…

RAMADAN: BUA moves to curb commodities price hike 

Emporium Reporters

By Abba Dukawa The Chairman BUA companies, Alhaji Abdulsamad Isyaku Rabiu has assured the Nigerians that his company have provided enough commodities that would cater for all Northern states during and after Ramadan period aimed at alleviating the hardship faced by many Nigerians. Alhaji Rabiu who was represented by his representative in the Northern region, Alhaji Mohammad Adakawa stated this during an interview with journalists in Kano. Adakawa who is a renowned business man at Singer market Kano ,said BUA group of companies had produced tonnes of Sugar, Spaghetti, flour…

Regulate SMEs with human face, Blue Diamonds CEO urges govt

Emporium Reporters

Chief Executive Officer of a leading multipurpose  investment organisation, Blue Diamonds, Mr Raphael Chukwujekwu, has stated that only regulation with human face can create an enabling environment for small and medium enterprises to thrive in the country. Mr Chukwujekwu who made this remark at the unveiling of a new product, Smart Blue Money Mobile App in Abuja at the weekend,advised government at all levels not to introduce counter productive regulations capable of stifling smes and killing young people’s initiatives According to Chukwujekwu, government can make the environment business-friendly such that…

Telecoms Sector, others take Nigeria out of Recession as Sector Boosts GDP by 12.45%

Emporium Reporters

Nigeria’s telecommunications industry, regulated by the Nigerian Communications Commission (NCC), is one of the sectors whose performance lifted the country out of recession in the fourth quarter of 2020, contributing 12.45 percent to the country’s Gross Domestic Product (GDP).   According to the latest data released by the National Bureau of Statistics (NBS), telecommunications & Information Services under Information and Communication grew by 17.64 per cent in Q4 2020 from 17.36 per cent in Q3 2020 and 10.26 per cent in Q4 2019.   In the latest NBS report, agriculture,…

ZETA-WEB unveils Low-Priced, Reliable ,Superfast internet solutions for homes

Emporium Reporters

Zeta-Web Nigeria Limited, an indigenous Information Technology (IT) firm in Lagos has reiterated their commitment to bring robust broadband and internet solutions that would ease productivity for Nigerians in the post Covid 19 work place. The company introduced Z-Force, a super-fast internet service designed for Nigerians working from home and other notable services for other market segments lately. Speaking to the media on importance of the Z-Force to the current work place, Chris Obasi, the Managing Director of Zeta–Web Nigeria Limited said:   “Our Z-Force service is unique in its…

UAE firm to build world-class specialist hospital, medical diagnostic center in Osun

Emporium Reporters

The MGT Group — a multi sectoral and multidisciplinary firm with patented technologies headquarted in the United Arab Emirates, UAE, and operating in several countries of the world has expressed readiness to invest in building a world-class specialist hospital and a medical diagnostic center in the State. The firm also expressed interest in investing in the State’s solid mineral asset, just as it applauded the Oyetola’s administration for building, renovating and revitalising 332 Primary Healthcare Centres across the State, describing it as worthwhile, unprecedented and unparalleled. The Chief Press Secretary…

2020 A YEAR FOR NEW CX By Aliyu Ilias

Emporium Reporters

The year 2020 started like every year but with uncertainty going forward, every customer experience prediction for the year 2020 prove wrong, the brands has planned to attend to customer with several way to satisfy their customers and create more loyalty. Customers as well prepared to get a better service and continue to look for a good customer experience company to patronise. The game changed in the year 2020 for companies and customers, many companies closed down their businesses, many brands changed their product and services, I recall a firm…

SEC : We’re not against Unclaimed Dividends Trust Fund, But…..

Emporium Reporters

The Securities and Exchange Commission has stated that it was not against the proposal by the Federal Government to set up unclaimed dividends and balances trust fund. This was disclosed by the Head, Securities and Investments Services (SIS) Department, SEC Mr. Abdulkadir Abbas while making clarifications on the Commission’s presentation at the one (1) day Public Hearing on the Finance Bill, 2020 in Abuja. He said the Commission was requesting to be allowed to continue to constructively manage the issue of unclaimed dividends for the development of the nation’s capital…

Gov AbdulRazaq inaugurates council on MSMEs

Emporium Reporters

The Kwara state Government has given its full fledge support in ensuring that Micro Small and Medium Enterprise (MSMEs) strives across the state. Governor AbdulRahman AbdulRazaq who was represented by the Deputy Chief of Staff, Princess Bukola Babalola made the disclosure while inaugurating the state’s Council on the National Policy on Micro, Small and Medium Enterprise (MSMES) held at Kwara Hotel, ilorin. The Governor said “the state will continue to partner with the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in creating job opportunities and alleviating poverty among…