Spending power: top six African countries rank in the bottom 10

In the early 2010s, African tech ecosystems were defined by the promise of e-commerce with a simple mission: getting hundreds of millions of young Africans to make online purchases. A decade on, the mission still remains a work in progress with question marks lingering around logistics and last mile delivery problems—and that’s reflected in the level of spending among African shoppers. Across the continent, recently released data shows South African shoppers spent an average of...

Report Shows Corruption in Power Sector Fuels Death of Small Businesses in Nigeria

A research conducted by the Centre for Democracy and Development (CDD) and Anti-Corruption Evidence, SOAS Consortium, University of London says Corruption in the Nigerian power sector is responsible for the death of Small and Medium Enterprises, SMEs in the country. The report on the Nigerian power sector was based on the SOAS University of London Anti-Corruption Evidence, ACE framework  identified the rents being allocated in the sector and their distortion, the beneficiaries associated with the rents...

Abia Govt. to partner Sterling Bank on shoe production

Gov. Okezie Ikpeazu of Abia has expressed the state government’s readiness to partner Sterling Bank PLC to boost shoe production and enhance job creation in the State. Ikpeazu made this known on Thursday when officials of the Bank paid him a visit at the Government House, Umuahia. The governor said that the commitment of the State Government to promoting its ‘Made in Abia’ products initiative was unwavering. He added that the State Government would remain...

Apple to close all China mainland stores due to virus outbreak

Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9. as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago. “Out of an abundance of caution and based on the latest advice from leading health experts, we’re closing all our corporate offices, stores, and contact centers in mainland China through Feb. 9,”...

“Don’t take bread out of our mouths,’’ ‘Okada/Keke’ operators beg Sanwo-Olu

Some operators of commercial motorcycles (Okada) and tricycles `Keke’ NAPEP in Lagos said that the ban on their operations by Gov. Babajide Sanwo-Olu would deprive them of their daily bread. The operators said this while speaking with the  News Agency of Nigeria (NAN) in separate interviews on Saturday in Lagos. They added that the government’s plan would also affect them and their families in negative ways. They urged the government to be lenient with them,...

Lagos commercial motorcycle operators protest ban, seek regulation

Commercial motorcycle operators, comprising Gokada, Max and 1st Ride companies, on Friday staged a peaceful protest against the recent ban of their operations in parts of Lagos State. The operators, who protested from Ojota area to the Lagos State House of Assembly, Ikeja, called on the state government to regulate their operations rather than ban them. Mr Steve Orajiaku of 1st Ride company, told newsmen that the state government did not consult with the operators...

Ohanaeze Ndigbo urges action on safety measures in Lagos markets

The President, Ohanaeze Ndigbo, Lagos State, Chief Solomon Ogbonna, has urged the State Government to expedite action on safety measures at markets to avoid further fire outbreaks and loss of lives and property. He made the plea in an interview with the News Agency of Nigeria (NAN) during his visit with his executive to Martins Street market on Friday in Lagos. “What we are experiencing now in Lagos markets, we have experienced it in November...

FG Moves to Release 2021-2025 Medium Term Devt. Plan

By Stanley Edward   The Federal government says the successor Medium, Term National Development Plan: 2021-2025 will be ready soon. The Plan together with the Agenda 2030 of the federal government is expected to accentuate and provide a coordinated approach for harnessing the inherent potentials of the bio-economy, towards addressing the employment challenge in the country. The Minister of State for Finance, Budget and National Planning Prince Clem Agba, who disclosed this on Thursday at...

Nigeria to begin rice export in 2 years – Minister

The Minister of Agriculture and Rural Development, Mr Sabo Nanono, said on Tuesday in Abuja that Nigeria would hopefully begin exporting rice to other countries in the next two years. Nanono hinted this in a statement issued on his behalf by Mr Theodore Ogaziechi, the Director of Information in the ministry. The statement quoted the minister as saying that the border closure by the federal government had resulted in increased output of local rice by...

Enugu State Government has approved N30,000 Minimum Wage for state workers with effect from February, 2020

Following the submission of the report of the joint committee of labour and the state government set up by the State Governor, Ifeanyi Ugwuanyi for the negotiation of the consequential adjustment of the N30,000 Minimum Wage, the Enugu State Executive Council (EXCO) has approved the payment of the new wage for the state workers with effect from February 2020. Briefing newsmen at the Government House, Enugu, after a meeting with the Council, the leadership of...

WP2Social Auto Publish Powered By : XYZScripts.com