Category: Business
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FG Vows 100% Cargo Scanning at Ports, Eyes N10 Trillion Projection for Sector
By Milcah Tanimu The Federal Government (FG) has announced plans to transition from physical inspection to 100% scanning of cargo at Nigerian ports, aiming to enhance operational efficiency and meet a N10 trillion projection for the sector. This initiative will involve procuring four additional scanners to complement the existing infrastructure, which currently stands at only…
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CBN’s MPC Nominees assure Nigerians on way out of Forex , food crisis soon
…As Senate puts them under fire From Lateef Taiwo For urgent way out from Naira volatility and food security bedeviling the Nation’s economy now , the Senate Wednesday , subjected nominees for membership of Monetary Policy Committee ( MPC ) , of the Central Bank of Nigeria ( CBN) to thorough drilling . President Bola…
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US Intensifies Investigation as Senator Kolade Visits Wigwe Family
By Milcah Tanimu As investigations by the United States National Transportation Safety Board (NTSB) delve deeper into the fatal helicopter crash that claimed the life of Mr. Herbert Wigwe, the Group Chief Executive Officer of Access Holdings, alongside his family members and associates in California, prominent Nigerians continue to offer condolences and support to the…
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Works Minister Unveils Highways Devt model Strengthening Parameters
From Lateef Taiwo Nigeria’s Minister of Works, Sen. Nweze David Umahi, has introduced parameters that would boost quality delivery and management of road infrastructure under the Public-Private-Partnership, PPP, arrangement known as Highway Development and Management Initiative, HDMI, and ensure efficient utilisation of the completed projects by road users. Umahi gave the indication during a meeting…
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Zulum, Bakari Pledge To Strengthen Nigeria/Cameroun Trade Relations.
***Commission Int’l Market, lay foundation For Cattle market In Banki Borno State Governor, Prof Babagana Umara Zulum and his counterpart from the far North Region of Cameroon, Midjinyawa Bakari, have commissioned the Banki International market and a teachers’ quarters. The two leaders equally laid the foundation for a new cattle market in Banki town. Governors…
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Unbearable cost: Table, sachet water producers down tools in Enugu
From Lateef Taiwo Association of Table, Sachets Water Producers (ATWAP) in Enugu State is to down tools and suspend production in all water producing factories due to unbearable high cost of production. This is contained in a statement issued by the Chairman of ATWAP Enugu State Chapter, Mr Tony Edike and its State Secretary, Sir…
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Anticipate Rising Prices as Businesses Depend More on Loans to Sustain Operations
Nigerians are on the brink of facing a surge in the prices of goods from major manufacturers due to an increasing reliance on loans to fund their operations. This shift has led to higher interest payments and an overall escalation in the cost of production. Investigations by Financial Vanguard reveal that major manufacturing firms, grappling…
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HAWUL AT A GLIMPSE 1
by Inuwa Bwala By the time I depart as the Chairman of Hawul Local Government Area of Borno state, I may have garnered enough imputes to write about the enclave and her people. But I want to start with a glimpse at the jinx that surrounded Azare, the local government headquarters, and how it is…
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UBS Downgrades Admiral Group Amid Concerns Over Rivals’ Margins Catching Up
Admiral Group PLC faced a setback as UBS analysts downgraded the insurer, citing expectations that competitors’ margins would catch up more quickly than anticipated. UBS noted the favorable operational backdrop of increasing UK motor prices and receding inflation. However, the bank expressed the belief that rivals’ margins would narrow the gap faster than previously imagined.…
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Manhattan Associates Inc. Introduces Enhanced Store Associate Experience with Manhattan Active Point of Sale
In a significant development, Manhattan Associates Inc. has revealed substantial upgrades to its Manhattan Active Point of Sale (POS) application, tailored to meet the dynamic demands of today’s store associates. The rejuvenated store app now boasts embedded clienteling capabilities, facilitating sales conversion and elevated service, along with ultra-fast checkout functionality and the ability to operate…