Business

Christmas: Nigerians go for beef, as price of chicken soars

Chicken is one protein every family looks forward to consuming at Christmas. On Christmas day, beef sellers are left to embrace the tradition, with little patronage. Frozen food stores are crammed with customers buying chicken parts – from lap to chest and to wings. Those selling live chickens were not left out. They were seen preparing chicken […]

Cash squeeze persists amid yuletide activities

• Traders Lament Low Sales As Families Modify Plans• Situation Endangers Economy, Say Utomi, Tella, CACOL• ‘Nigerians Losing Faith In Banking Services’• Normalcy Restored In Kano, Residents Declare Basil Ayodeji Oduwole, an engineer with Mitsulift Nigeria, has always spent his Christmas and New Year with his family in Osogbo, Osun State, but this year, he […]

Sanwo-Olu vows to scale up funding for Artisans

Lagos State Governor, Babajide Sanwo-Olu on Wednesday reiterated the commitment of his administration to scaling up funding to build the capacity of Artisans/Tradesmen in the state. He spoke at the 14th Tradesmen and Artisans Day with the theme “Collaboration and Networking: the Path to Artisanal Growth and Development.” Sanwo-Olu said that the event was designed […]

Why Onions Are Expensive In Many States

It has been reported that the price of onion has been on the rise beyond what was obtainable years back. Recent findings by Daily Trust… It has been reported that the price of onion has been on the rise beyond what was obtainable years back. Recent findings by Daily Trust on Sunday also revealed that the commodity […]

Lagos’ll position MSMEs to meet AFCFTA goals – Sanwo-Olu

agos State Governor, Babajide Sanwo-Olu, on Tuesday, said his administration is committed to positioning Micro, Small and Medium Enterprises (MSMEs) to take advantage of the Africa Continental Free Trade Area, (AfCFTA) by providing a platform and exposing them to skills required to accelerate the effectiveness to stimulate intra-African trade. He charged Nigerians, particularly small and […]

Grid collapses again, power generation crashes to 43.5MW

Nigeria witnessed another collapse of its national grid on Monday, leading to a crash in power generation from 4,032.8 megawatts around 1pm to 43.5MW at about 2pm the same day. Power generation figures obtained from the Transmission Company of Nigeria showed that electricity on the system moved up to 115.4MW around 3pm, before rising further […]

LCCI, NECA fume over exit of P&G, other multinationals

•Blame poor infrastructure, policy inconsistencies, others  •LCCI urges transparent forex policy By Victor AhiumaYoung & Yinka Kolawole  The Lagos Chamber of Commerce and Industry (LCCI) and the Nigeria Employers’ Consultative Association (NECA), have expressed disgust over the planned exit of Procter & Gamble, P&G, not long after Nampak, GlaxoSmithKline and others exited Nigeria, blaming stringent regulatory and […]

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