Business

FRSC chief orders clampdown on rickety vehicles nationwide

The Corps Marshal, Federal Road Safety Corps, Dr Boboye Oyeyemi has directed Commanding Officers across all formations of the Corps to commence immediate clampdown on rickety vehicles plying Nigerian roads. The clampdown is an integral part of rejigged efforts of the Corps in the year 2021 to further reduce road traffic crashes across the country. […]

Business

Hope on end to Apapa gridlock as e-truck call-up starts

…NPA collaborates with LASG on enforcement   As the electronic truck call-up (ETO) system in the management of movement of trucks into and out of the Lagos ports took off yesterday, indication was that the days of the notorious Apapa traffic girdlock are numbered. This came as the Managing Director of Nigerian Ports Authority (NPA), […]

Business

Reaching out to people is success secret in real estate business –PWAN boss

The Chairman, Property World Africa Network (PWAN Group), Dr Augustine Onwumere, has advised real estate practitioners not to underestimate how huge the impact reaching out to people can have on the success of business.   He said the ability to reach out to people with quality information about opportunities that exist in the industry is […]

Business

Hyundai IONIQ 5 redefines electric mobility lifestyle

Hyundai Motor Company has launched the IONIQ 5 midsize CUV during a virtual world premiere event.   As the first model in Hyundai’s new IONIQ brand dedicated to battery electric vehicles (BEV), IONIQ 5 sets the benchmark to redefine the electric mobility lifestyle with sustainable and innovative features. IONIQ 5 is built upon Hyundai Motor […]

Business

FG seeks private sector asset managers for InfraCorp

The Central Bank of Nigeria (CBN) is seeking asset managers for the new $2.6 billion Infrastructure Development Corporation of Nigeria (InfraCorp) set up to develop the country’s crumbling transport networks and boost economic growth. The asset managers will originate and manage infrastructure projects, generating return from investments, the bank said on Saturday. The deadline for […]

Business

CBN  to revive  oil palm industry in  Nigeria – Emefiele

The Central Bank of Nigeria (CBN), in collaboration with Oil Palm Growers Association of Nigeria (OPGA), is planning to revive the oil palm industry in the country. The  CBN Governor, Mr Godwin Emefiele made this assertion at the weekend in a Town Hall Meeting organised by OPGA at the National Institute for Oil Palm Research (NIFOR) […]

Business

Dollar firms after US yield spike; yen continues march lower

  The U.S. dollar held gains Thursday after rebounding overnight from three-year lows following a spike in U.S. bond yields. The yen, which tends to weaken when U.S. yields rise, slid to a fresh six-month low versus the greenback, reports Reuters. Government bonds, and particularly U.S. Treasuries, have become the focal point of markets globally, […]

Business

Ethan Bavuu talks about his journey from battlefield to boardroom

  A​s COVID-19 swept the world last year it also revolutionized how we do business. Businesses had to adapt to a rapidly and ever-changing situation that was entirely out of their control, turning to the tools that would help them overcome the challenges they faced. Regulations and advice, unfortunately, left traditional brick-and-mortar locations shuttered in […]

Business

Lasaco Assurance leads in N65bn market loss

Equity market’s key performance indices, the NSE All Share Index (ASI), yesterday fell by 0.31 per cent to halt two-day gaining streak as profit taking hits the market following investors crave to increase capital gains. Lassco Assurance Plc recently penalised by the regulator infractions led the losers by 9.68 per cent to close at N.12kobo […]

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