Category: Business

Ease of Doing Business Ranking, A Big Envelop of Hope By Abdullahi O Haruna Haruspice

Emporium Reporters

Amidst the pervasive forlorn hope in the country, there is something to cheer about: the country has jumped 15 places on World Bank’s Ease of Doing Business Ranking. To some, the positive report may not be a big deal, but considering the reputation of the bank as the one that often labels developing economies in Africa and Latin America as anti-reforms handed down by western institutions, it is something worth celebrating. Back to the main issue: Now ranked 131 globally out of the 190 countries examined, a no mean feat…

AJAOKUTA: Gov Bello Hails President Buhari on Bilateral Pact With Russia

Emporium Reporters

Kogi State Governor, Alhaji Yahaya Bello has commended President Muhammadu Buhari over a recently signed bilateral agreement with Russia at the Russia – Africa summit on the revival of Ajaokuta Steel Company. The news of the bilateral agreement was contained in a press statement signed by the Senior Special Assistant to the President Media and Publicity, Malam Garba Shehu who revealed that both countries agreed to a bilateral proposal that contained various areas of interests including the Ajaokuta Steel Rolling Mill. Shehu stated that both countries Ministers earlier had fruitful…

NNPC Signs Oil Deals With Russian Oil Company, LUKEOIL

Emporium Reporters

Nigeria and Russia on Thursday in Sochi, Russia, signed a Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukeoil to elevate commercial relationship to a government-to-government backed partnership. With signing of the MoU, NNPC and Lukeoil will work together in upstream operations and revamp Nigeria’s refineries. Group Managing Director of NNPC, Mele Kyari and Vagit Alekperov, President of leading Russian oil company, Lukeoil, signed the MoU, which entail cooperation in deep offshore exploration of oil in Nigeria, production, trading and refining.…

Stop Importation of Roofing Sheets , Group Tells Buhari

Emporium Reporters

The Federal Government has been advised to adopt policy framework that will lead to the restriction of importation of goods such galvanized roofing sheets and other steel products that are abundantly produced in Nigeria to further boost the nation’s economy. With the land border closure, it is evident that agricultural sector of the Nigerian economy has improved, therefore, it is a tested hypothesis that if adequate attention is given to the seaports operations, smuggling will be tackled and the steel sector will be saved from collapse. The Galvanized Iron and…

7th Customer Experience Management Conference, Holds 10th October In Abuja

Emporium Reporters

Customer Service Awards Limited ,the organizers of Customers Experience Management Conference in Nigeria today at a press conference unveiled to public the 2019 Customer Experience Management Conference with a theme: “Customer Engagement Management In Nigeria: The role of stakeholder” Customer Experience Management Conference remain the number one customer experience event in Nigeria with a wonderful opportunity for the industry to gather in one place to celebrate the success of peers. The conference which has been the largest forum to share professional standard and trends in Customer experience management, with the…

Multinational Firm To Establish Chili Company In Niger state …As Gov Sani-Bello Promises Enabling Environment

Emporium Reporters

The need for Nigeria to change her political will towards her investment narative formed the major part of discussions at an investment session between Niger state government team led by Governor Abubakar Sani Bello and a private investment multinational company led by its Chairman Mr Mohan Vaswani at Lagos Free Trade zone in Lekki. The Niger state Governor,Alhaji Abubakar Sani-Bello moved by the desire to bring investment to the state, has been making concerted efforts towards encouraging investors to tap from the state’s resources especially in the area of agriculture. It…

President Buhari Constitutes Economic Advisory Council

Emporium Reporters

President Muhammadu Buhari has constituted an Economic Advisory Council (EAC) made up of the following: 1. Prof. Doyin Salami – Chairman 2. Dr. Mohammed Sagagi –Vice Chairman 3. Prof. Ode Ojowu – Member 4. Dr. Shehu Yahaya – Member 5. Dr. Iyabo Masha – Member 6. Prof. Chukwuma Soludo – Member 7. Mr. Bismark Rewane – Member 8. Dr. Mohammed Adaya Salisu-Secretary (Senior Special Assistant to the President, Development Policy) In a statement signed by Femi Adesina,Special Adviser to the President on Media & Publicity, the advisory council will replace…

Buhari Queries FIRS Chairman Over Suspected Non-remittance Of Tax

Emporium Reporters

President Muhammadu Buhari has issued a letter to Babatunde Fowler, Executive Chairman of the Federal Inland Revenue Service, asking him to respond to discrepancies in tax collected by the agency. Fowler, whose tenure expired on Saturday, was asked to explain why there exist obvious differences between the budgeted collections and actual collections for the period 2015 to 2018. The letter to Fowler signed by Chief of Staff to the President, Abba Kyari, reads, “Your attached letter (FIRS/EC/CWP/0249/19/027 dated 26 July 2019) on the above subject matter, refers. “We observed significant…

Gov Sani-Bello ,Other African Leaders Attend 2019 Tony Elumelu Foundation Entrepreneurial Forum

Emporium Reporters

African leaders have been advised to unite with common goal towards providing solutions to the problems bedeviling the African Continent.       This advise was part of the submissions of panelists at the 2019Tony Elumelu Foundation Entrepreneurship Forum held in Abuja. The two-day event with the theme “Empowering African Entrepreneurs” attracted participants within African Continent and Europe… Speakers at the event included the Vice President of Nigeria ,Prof. Yemi Osinbajo, the founder of Tony Elumelu foundation,Tony Elumelu and President, African Development Bank, Dr Akinwumi Adesina were of the opinion that African…