FG to Encourage More Private/Public Partnership to Boost Domestic Gas – Sylva

BusinessNewsOil & GasFG to Encourage More Private/Public Partnership to Boost Domestic Gas – Sylva

PilotnewsAugust 7, 2020

The Minister of State for Petroleum Resources, Timipre Sylva, says more private and public sector collaboration is needed to boost domestic gas utilisation. The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation. Sylva made this known on the Twitter account of the Nigerian National Petroleum Corporation (NNPC) on Friday while...

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Falana, Others Demand Justice for UI Student Who Died at a Soap-Making Factory

BusinessLaw & JusticeNewsFalana, Others Demand Justice for UI Student Who Died at a Soap-Making Factory

Adeola Oladipupo (Correspondent)August 5, 2020

Alliance on Surviving COVID-19 and Beyond, a group led by human rights lawyer, Femi Falana, has partnered with the Oyo State Chapter of the International Lawyers Assisting Workers, to demand justice for Richard Gbadebo, a 300 level student of the University of Ibadan who died at a soap making factory on July 28. Gbadebo, 21, was said to be on a night shift at a factory owned by Henkel Nigeria Limited, manufacturers of WAW detergent...

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Why Shoprite is Planning to End Operation In Nigeria

BusinessNewsNigeriaWhy Shoprite is Planning to End Operation In Nigeria

Beloved John (Staff Writer)August 3, 2020

Shoprite, a South Africa retail giant has announced the commencement of a formal process to end its operation in Nigeria. Shoprite Holdings Limited disclosed this on Monday, stating that its operational and voluntary trading update for the year ended on June 28, 2020. The multi-national retail group, which announced a 6.4 per cent increase (R156.9billion) in total sales of merchandise for the outgoing year despite the challenges posed by the COVID-19 pandemic said it took...

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Shoprite to Leave Nigeria After 15 Years of Operation – Official

BusinessNewsShoprite to Leave Nigeria After 15 Years of Operation – Official

Bada Yusuf Amoo (Correspondent)August 3, 2020

South African Company, Shoprite Holdings Limited, has said it will auction off its outlets in Nigeria. The Cape Town-based retail company with presence in most Nigerian cities considered the sales of all his major stores following the effect of COVID-19 pandemic which has disrupted businesses globally. The decision of the megastore company to close down after 15 years it opened its first store in Lagos in December 2015 is contained in a trading statement for...

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The Only Thing Pharmaceutical Companies Don’t Import is Water — NAFDAC DG

BusinessNewsNigeriaThe Only Thing Pharmaceutical Companies Don’t Import is Water — NAFDAC DG

Beloved John (Staff Writer)August 1, 2020

The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye has spoken on the rate and scope importation by pharmaceutical companies, saying the only thing not imported is water. The DG who appeared as a guest on Sunrise Daily, a programme on Channels Television, stated that more efforts should be directed towards local production. Highlighting the effects of importation and how it has affected the availability of medical supplies...

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Gov. Ikpeazu inaugurates 7-Member Board to Manage Enyimba Automated Shoe Factory

BusinessNewsGov. Ikpeazu inaugurates 7-Member Board to Manage Enyimba Automated Shoe Factory

PilotnewsJuly 30, 2020

Gov. Okezie Ikpeazu of Abia on Thursday inaugurated a seven-member board to manage the newly established Enyimba Automated Shoe factory. Speaking during the event in Umuahia, Ikpeazu urged the board to transform “Made in Abia” leather works into a global brand. He described the establishment of the shoe factory as a culmination of the state government’s efforts to mainstream Abia in the competitive global shoe market. “The primary objective for establishing the factory was to create a...

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Enugu State Governor Signs Revised 2020 Budget into Law, Recurrent Expenditure Receives 48% Increase

BusinessNewsEnugu State Governor Signs Revised 2020 Budget into Law, Recurrent Expenditure Receives 48% Increase

Ije Ulasi (Regional Correspondent)July 30, 2020

The Enugu State Governor, Ifeanyi Ugwuanyi on Tuesday signed the revised 2020 budget of One hundred and forty-six billion, three hundred and seventy-four million, six hundred and forty-one thousand, eighty naira only (N146,374,641,080.00) into law. The downward review of the budget represents a 13.67 percent reduction of the initial approved 2020 budget size of One hundred and sixty-nine billion, five hundred and fifty-seven million, six hundred and fifty-eight thousand, three hundred naira only (N169,557,658,300.00). “The...

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Eid-El-Kabir: Rams Dealers Decry Low Patronage In Adamawa

BusinessNewsReligionEid-El-Kabir: Rams Dealers Decry Low Patronage In Adamawa

Ibrahim Abdul' Aziz (Correspondent)July 29, 2020

Less than two days to the Eid-el-Kabir Sallah festivities,  rams and other livestock dealers in Adamawa have decried low patronage amid unprecedented hike in prices. Some dealers, spoken to in Jimeta and Yola markets, described the market condition as discouraging. Muhammadu Yellow, the sarkin Tike Jimeta, said the was recording low sales as against the high patronage during the previous festive season. Sarkin Tike, attributed the situation to the effect of coronavirus pandemic and increased...

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Arik Air Reconnects Kano, Yola

BusinessNewsTravelArik Air Reconnects Kano, Yola

PilotnewsJuly 27, 2020

Arik  Air on Monday announced  the  resumption of  its flight  operations  to  Mallam  Aminu  Kano  International Airport, Kano, and Yola Airport from July 28. Mr Adebanji Ola, its Communications Manager, said in a statement in Lagos that both services would originate from Nnamdi Azikiwe International Airport, Abuja, with connections to and from Murtala Muhammed Airport, Lagos. According to Ola, Arik Air will be operating separate flights from Abuja to Kano and Yola. “Flights from Abuja...

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10 to Compete for $10,000 NASFAT’s BUILD Initiative Competition

BusinessNewsNigeria10 to Compete for $10,000 NASFAT’s BUILD Initiative Competition

PilotnewsJuly 22, 2020

The  NasruLahi-l-Fatih Society (NASFAT) says the stage is set for 10 successful quarter-finalists to compete for the 10,000 dollars winner’s prize in the maiden edition of its BUILD (BUsiness Incubation LaunchpaD) Initiative. Mr Fatai Olayemi, the Chairperson of the Initiative, made this known in a statement on Tuesday. According to Olayemi, BUILD is a way of seeking entrepreneurs and startups with innovative solutions, entrepreneurial mindset and can-do spirit. “BUILD is also a big idea or solution that has the potential to positively impact Muslims, Muslim...

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