News on Business Teller

Welcome to Business Teller. Get the latest about business and how it affects you and let your mind travel on Business Teller.

News on Business Teller

Welcome to Business Teller. Get the latest about business and how it affects you and let your mind travel on Business Teller.

News on Business Teller

Welcome to Business Teller. Get the latest about business and how it affects you and let your mind travel on Business Teller.

News on Business Teller

Welcome to Business Teller. Get the latest about business and how it affects you and let your mind travel on Business Teller.

News on Business Teller

Welcome to Business Teller. Get the latest about business and how it affects you and let your mind travel on Business Teller.

Thursday, 1 August 2013

Is there time too early to start planning…mistake most young people make



Starting early in life gives one an edge over others in the financial sphere. Taking financial responsibility early in life is one task that many people below thirty don’t really take seriously, because of the perception that they have time to their advantage.

CSR: Sustainability is business itself – Etisalat CEO



Corporate social responsibility (CSR) initiatives can only make the desired impact on people, community, environment and business if sustainability measures are strategically built into them and implemented.

I’ll start shea butter processing plant in Nigeria – UK-based entrepreneur



Emi & Ben, a natural skin-care company founded in the United Kingdom in 2009, depends on shea butter produced by rural women in Nigeria. Ronke Ige, founder/CEO, Emi & Ben, in this interview with OLUYINKA ALAWODE, speaks on the business and the company’s growth plans. Excerpts:

Wednesday, 31 July 2013

Cooking gas price rises by 16.6%


The price of Liquefied Petroleum Gas (cooking gas) has risen by about 16.6 per cent at most retail outlets in Lagos and Ogun State following the face-off between the major supplier of the product in the country, Nigerian NLG Limited, and the Nigerian Maritime Administration and Safety Agency.

Workers Shut Agip Facility In Delta


Protesting workers of multi-billion Kwale/Okpai Gas Plant in Ndokwa East Local Government Area of Delta State Tuesday paralyzed activities at the oil facility over alleged inhuman treatment by the management of the company.

Discovery of oil in US, India, other places threatens Nigeria


Nigeria’s continued dominance in oil production in Africa may soon be history following current oil deposit discoveries in other African countries.
There are numerous discoveries in sub-Saharan Africa in the last five years, with the majority coming from East African countries like Tanzania, Uganda and Mozambique. By extension, Nigeria’s revenue profile is likely to suf

Lagos begins e-ticketing for BRT buses


The Lagos State Government on Tuesday launched the new electronic ticketing (e-ticket) system for Bus Rapid Transit, BRT, buses in the state.
The e-ticketing system now allows BRT users to pay bus fare as low as N20 within a stipulated distance as against the fixed fare of N70 to N120.

Lagos, Abuja among top 4 most expensive cities in Africa – EIU


Lagos and Abuja have been listed among the top four cities in Africa with high cost of living, according to an index released by the Economist Intelligence Unit (EIU) on 25 African cities.

Excess Crude Account depleted by $7bn – Sanusi


The Governor of the Central Bank of Nigeria, CBN, Mr. Lamido Sanusi yesterday raised the alarm on the Excess Crude Account, ECA, which he said had shrunk by $7 billion from the initial figure of $12 billion early this year.

Obasanjo’s farm to generate 30,000 jobs for Liberians


Liberia’s Minister of Agriculture, Dr Florence Chenoweth, on Sunday said that Obasanjo Farms in Liberia would create about 30,000 job opportunities for the citizens.
Chenoweth made the observation during the dedication ceremony of Obasanjo Farms Liberia Incorporated at Gbah Foboi, Grand Cape Mount County, in Liberia.
She noted that the Liberian government had focus