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Archive for the Category ‘Business’

CBN  forex policy ‘ll take Nigeria out of Recession – Rafiu Ibrahim

CBN  forex policy ‘ll take Nigeria out of Recession – Rafiu Ibrahim

By Matthew Denis Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Rafiu Ibrahim has said that the current monetary policies of the Central Bank of Nigeria (CBN) will boost the economy and pull it out of recession. Ibrahim, a senator representing Kwara South senatorial district stated this  during the special Easter prayers session […]

I raised initial capital from family, friends – CEO SL venture

I raised initial capital from family, friends – CEO SL venture

One of the youngest entrepreneurs in Ilorin, Kwara State is  Abdulfatai Sampsondeen, a 21-year- old  Chief Executive Officer of Sam Lakeside (SL) Venture Sampsondeen, a 300 Level Accounting Student of Al-Hikmah University recently established a music and fashion promotion outfit. Speaking on his venture into the business world, the young entrepreneur said self reliance was the driving […]

IPMAN  wants  loading to resume at Ilorin depot

IPMAN  wants  loading to resume at Ilorin depot

By Matthew Denis The Western Zone of Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to facilitate resumption of loading activities at Oke-Oyi, Ilorin  Depot. The zonal chairman, Alhaji Ahmed Debo  while speaking to Pilot Business at the weekend, said that the issue of fuel scarcity in the country will become a […]

‘Human Resource manager, key to growth of businesses’

‘Human Resource manager, key to growth of businesses’

The Deputy Registrar , Directorate of Human Resources, University of Ilorin, Mrs Rebecca Okajie, has asserted that success of any organisation particularly during recession  is dependant on role played by  Human Resources’ Managers. This, she said could be only achieved by developing and implementing unique and strategic practices which would guaranty not just survival but confer a […]

Inflation: Expert calls for price regulation by govt

Inflation: Expert calls for price regulation by govt

An economic Expert, Dr. Aderemi Medupin has explained  reason for the continuous hike in market prices of foodstuff despite strengthening of the naira. He attributed the development to the non regulation of prices in the face of high demand and supply. Medupin who is the Acting Dean Faculty of Management Sciences at Al-Hikma University stressed that […]

FG economic recovery plan ‘ll end recession – Kwara ICEN

FG economic recovery plan ‘ll end recession – Kwara ICEN

With Matthew Denis The Kwara State Institute of Chartered Economists of Nigeria (ICEN) has lauded the move by President Buhari in settings up economic recovery team. Speaking to Pilot Business on Wednesday, the state Deputy Registrar of the Institute, Mr. Dare Olalekan noted that the economic recovery initiative of the state government will put to […]

Nigerian economy to rebound in 2nd quarter

Nigerian economy to rebound in 2nd quarter

Some financial experts have expressed optimism that there would be increased liquidity in the capital market in the second quarter of this year. Journalists were told in Lagos on Wednesday that the sustained economic recovery measures of the Federal Government would impact positively on the market this quarter. The Head of Banking and Finance Department […]

This harvard grad is heir to the World’s largest jewelry empire

This harvard grad is heir to the World’s largest jewelry empire

One of Hong Kong’s four richest dynasties is preparing for a leadership transition that may test the adage that family fortunes don’t last beyond three generations. Adrian Cheng, the Harvard-educated heir apparent of New World Development Co. and Chow Tai Fook Jewellery Group Ltd., is in focus after his 69-year-old father, Henry, recently went on […]

120 Kwara commercial farmers benefit Agric mechanisation initiative

120 Kwara commercial farmers benefit Agric mechanisation initiative

By Matthew Denis No fewer than 120 commercial farmers across Kwara State have benefited an agricultural mechanisation initiative. The initiative, which was organised by Kwara Agro Mall recently, was a roundabout discussion on alternative arrangement for acquiring agricultural equipment and machinery through private sector driven intervention. The coordinator of the mall, Temitope Amujo explained that, […]

Nigerians need 3m cooking gas cylinders annually – NCDMB

Nigerians need 3m cooking gas cylinders annually – NCDMB

The Nigerian Content Development and Monitoring Board has said that Nigerians need not less than three million Liquefied Petroleum Gas also , known as cooking gas cylinders , annually. The Executive Secretary of the Board , Mr Simbi Wabate , on Sunday said the only LPG Cylinder manufacturing company in the country located at Isheri […]