Business Archives - Page 3 of 10

South Africa Seeks Partnership with Nigeria to Harness Lithium for Green Energy and Electric Vehicle Revolution

Posted December 4, 2024 by Freedom Square TV

President Cyril Ramaphosa has expressed South Africa’s readiness to collaborate with Nigeria in advancing the use of lithium to drive the green energy transition and support the production of electric vehicle (EV) batteries. Speaking at the Nigeria-South Africa Business Roundtable in Cape Town, Ramaphosa highlighted Nigeria’s abundant lithium reserves as…

Enugu Govt, Austrian Firm Formalise $100m FDI to Boost Water Infrastructure

Posted December 2, 2024 by Freedom Square TV

The Enugu State Government and WANDE NEXUS, an Austrian firm, has formalised an agreement to implement the Sustainable Last Mile Connectivity and Advanced Metering Infrastructure (AMI) Project in Enugu. With the signing, which took place on Monday at Government House, Enugu, in the presence of the Austrian Ambassador to Nigeria,…

Holcim Exits Nigeria, Sells Lafarge Africa Stake to Huaxin Cement for $1 Billion

Posted December 2, 2024 by Freedom Square TV

Swiss cement and building materials giant Holcim has announced its decision to exit Nigeria as part of its global strategy to streamline operations and prioritize high-growth regions and sustainable initiatives. The company revealed plans to sell its 83.8% stake in Lafarge Africa Plc to China's Huaxin Cement for $1 billion.…

Japa: CBN Governor Urges Nigerians to Stay, Says Economy Will Thrive Soon

Posted November 30, 2024 by Freedom Square TV

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has urged Nigerians not to leave the country in search of greener pastures. He emphasized that the apex bank is working towards building an economy that benefits everyone, including individuals and businesses. Cardoso shared his thoughts at the…

Kuda’s VP Advocates Collaboration and Innovation to Combat Fraud in Financial Services

Posted November 27, 2024 by Freedom Square TV

Oladipo Aina, Vice President of Technology at Kuda, has underscored the critical role of collaboration, innovative technology, and empathetic customer interactions in combating fraud in the financial services sector. Speaking at TechConnect 4.0, an Interswitch Group conference, Aina participated in a panel discussion themed "Integrating Compliance, Technology, and Collaboration to…

Port Harcourt Refinery Resumes Operations, Set to Roll Out 200 Trucks of Petroleum Products Daily

Posted November 26, 2024 by Freedom Square TV

The Port Harcourt Refinery and Petrochemical Company has officially resumed operations, rolling out approximately 200 trucks of petroleum products daily, marking a significant milestone after years of dormancy. The refinery had been inactive since 2019 but began operations on Tuesday following extensive renovations and modernization efforts. The rehabilitation project began…

Japaul Gold Signs N26bn Sand Mining Deal for Gracefield Island Land Reclamation in Lekki

Posted November 26, 2024 by Freedom Square TV

Japaul Gold & Ventures Plc has secured a N26 billion sand mining contract with Gravitas Investment Limited, aimed at the extraction of 3.5 million cubic meters of sand for land reclamation at Gracefield Island, located at the end of Chevron Drive in Lekki, Lagos State. The announcement was made in…

NECA Highlights Employers’ Crucial Role in Nigeria’s Economy, Creating 8 out of 10 Jobs

Posted November 25, 2024 by Freedom Square TV

The Nigeria Employers’ Consultative Association (NECA) has highlighted the crucial role its members play in the country’s economy, stating that they are responsible for creating eight out of every 10 jobs in Nigeria. This statement came during the 4th annual NECA Employers’ Excellence Awards held in Lagos, where Governor Babajide…

JBS to Invest $2.5 Billion in Nigeria’s Meat Industry Over Five Years

Posted November 22, 2024 by Freedom Square TV

Brazilian meat processing giant JBS has signed a memorandum of understanding (MoU) with the Nigerian government to invest $2.5 billion in the country over the next five years. The agreement includes plans to establish six new facilities focused on poultry, beef, and pork production. This initiative is part of a…

Failed Promises and Lost Dreams: Challenges Plague Igbo Apprenticeship System

Posted November 14, 2024 by Freedom Square TV

Jude Eze, a former apprentice from Orhom Orba village in Enugu State, feels devastated by years of wasted apprenticeship in Cotonou, Benin Republic. His nine-year apprenticeship with his boss Emeka Eze was cut short when his master’s investment in motorcycle tubes and tires failed due to poor quality. Despite being…

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