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Tags: Business

Konga and Nigeria’s e-commerce industry – Challenges of doing Business

Konga and Nigeria’s e-commerce industry – Challenges of doing Business

In my column of last month, I wrote about Nigeria’s retail industry and its potential to become the country’s next big industry. I also touched briefly on the gains made by the domestic e-commerce sector. Unfortunately, soon after the column was published, one of Nigeria’s top e-commerce companies, Konga, was acquired by Zinox Technologies Limited,… READ MORE

Oil, Gas Investment: Local, foreign investors consider opportunities in Nigeria

Oil, Gas Investment: Local, foreign investors consider opportunities in Nigeria

Local, foreign investors consider opportunities New petroleum policy excites investors Lull in oil market, budget cut, militancy constitute new threats Stakeholders to propose alternative funding, other measures as NIPS opens in Abuja With over 36 billion barrels and 192 trillion standard cubic feet of oil and gas respectively, Nigeria stands tall as a leading petroleum… READ MORE

Bill to encourage purchase of gas-powered vehicles scales second reading

Bill to encourage purchase of gas-powered vehicles scales second reading

A bill for an act to amend the National Automotive Council Act, 2004, on Thursday, scaled the second reading at the house of representatives. The bill seeks to introduce a new alternative vehicular transportation to utilise Nigerian gas. It also seeks to tap into the nation’s gas master plan which to end Nigeria’s “wasteful” gas… READ MORE

Nigeria’s Senate launches Brass LNG corruption investigation

Nigeria’s Senate launches Brass LNG corruption investigation

Nigeria will hold an investigation into alleged corruption involving the state oil firm’s long-awaited Brass LNG project, including questions over the use of government funds. The Nigerian National Petroleum Corporation’s (NNPC) liquefied natural gas project has been stuck in the planning stages for more than a decade, with some Western partners having pulled out because… READ MORE

How corporate governance can affect Nigeria’s development

Corporate Governance is not just about how a company is directed and controlled to maximize performance and ensure accountability to stakeholders. Better governance practices and processes have become imperatives for both national and global economies. A company that is run very efficiently and responsibly will perform very well and ultimately contribute to strengthening the economy…. READ MORE

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