Lead Partner, Ernst&Young (EY), West Africa, Mr Ben Afudego, says there are four things that organisations need to do in the next phase, when planning to get back to work after COVID-19 lockdown. He spoke on Tuesday, during an on-line COVID-19 webinar conference on Risk Management, tagged: “Risk Management for Business Resilience: “The Now, Next and Beyond,” organised by EY Read More…
Business
OPINION: What if Autarky?
By Nkanu Egbe Nigeria is in the fourth week of official lockdown in Lagos, Ogun States and the Federal Capital Territory (FCT) as a preventive measure against the COVID-19 coronavirus. Monday, 14th April, President Muhammadu Buhari announced a further two weeks of complete lockdown. And while it may seem that restrictions in these areas may Read More…
Brent crude falls to $1 per barrel in record plunge
U.S. crude futures plunged more than 85% on Monday to the lowest price on record as storage space for U.S. crude was filling up, discouraging buyers even as weak economic data from Germany and Japan cast doubt on when fuel consumption will recover. Physical demand for crude has dried up, creating a global supply glut Read More…
Dana Air to keep middle seats empty
Dana Air says it will keep the middle seats in all its aircraft empty upon resumption of flights, in line with the social distancing guideline on COVID-19. Mr Obi Mbanuzuo, Accountable Manager of Dana Air, said this in a statement in Lagos on Monday.”Majority of our aircraft are configured with mainly three seats in a row, Read More…
FrieslandCampina WAMCO donates N500m intervention
To further strengthen the fight to contain the spread of COVID-19, FrieslandCampina WAMCO Nigeria PLC, has donated N500 million toward Nigeria’s COVID-19 intervention fund. Mr Moyo Ajekigbe, the Chairman, Board of Directors, FrieslandCampina WAMCO Nigeria PLC, in a statement on Friday in Lagos, said that the donation was made to the Private Sector Coalition Against Read More…
Catfish farmer pleads to be allowed to return to farm
A local catfish farmer, Mr Anthony Hammed, has appealed to law enforcement agents to allow dealers in the produce access to farms in Lagos. He said catfish was among the edible commodity which President Muhammadu Buhari exempted it’s dealers to operate in his recent nationwinat broadcast signalling the lockdown to curtail the spread of Coronavirus Read More…
NCDC advises businesses to readjust, plan in extended COVID-19 lockdown
As the fight against COVID-19 pandemic continues globally, the Nigeria Centre for Disease Control (NCDC) says there is need for Nigerians, especially businesses to start now to plan for life after the pandemic. Dr Chikwe Ihekweazu, Director-General of NCDC, gave the advice while speaking on Sunrise Daily programme on Channels Television on Thursday. He said: Read More…
Health officials caution against talk of quickly reopening businesses
Senior U.S. health officials and some governors on Sunday warned against a too-rapid easing of restrictions put in place to combat the corona virus, while President Donald Trump’s wished-for Easter date for reopening the economy passed with most Americans remaining at home. Following a week in which the U.S. death toll from COVID-19 soared above 20,000 – a doubling of the Read More…
Businesswoman distributes rice, task FG on employability age limit
A businesswoman, Mrs Rashidat Usman, has appealed to the Federal Governments to address the hurdle of 24 years age limit for fresh graduates employability being demanded by some employers. Usman, Member of the Ikotun Golden Lions Club, said that the age limit had compounded youth unemployment and restiveness. The philanthropist spoke with the News Agency Read More…
100 business proposals to receive N100m grants from Osinbajo’s friends
No fewer than 100 Nigerian business proposals have qualified to receive N1 million each, as business support grants from friends of Vice President Yemi Osinbajo.The beneficiaries were selected under the aegis of the ‘March 8 Initiative for Small Businesses’ organised and promoted by Friends of Osinbajo in commemoration of his 63rd birthday.Osinbajo clocked 63 years Read More…