‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Everybody loves chocolate. Hundreds of years ago, the Greeks referred to chocolate as the ‘food of the gods’. It’s a highly demanded luxury product and an impulsive treat for millions of people around the world.

No wonder the global market for chocolate and cocoa beverages is now worth over $100 billion (and growing) every year. Although the developed and fast developing countries (especially in Europe, Asia and North America) consume over 90 percent of the chocolate produced every year, chocolate largely exists because of Africa.

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Jose Mourinho: Why Chelsea Won 2015 English Premier League

Business Journal

11/05/2015

The Blues suffered a 5-3 humiliation at the hands of Spurs that day and Mourinho claims its impact was felt throughout the squad and it inspired the team rather than demoralising them-so much so that they’ve yet to lose since, putting together a formidable 14-game unbeaten run, clinching the title in the process.

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Nigeria’s GDP Projected on 7% in Coming Decade

Business Journal

04/05/2015

The growth projection of Nigeria could lift to 6-7 per cent in the coming decade on the plank of growth-friendly policies by successive governments in the country.

This is one of the key findings from a report from PricewaterhouseCoopers( PwC) economists on The World in 2050: Will the Shift in Global Economic Power Continue?

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IMF Projects 4.5% Growth for Sub-Saharan Africa in 2015

Business Journal

04/05/2015

Unveiling the April 2015 IMF Regional Economic Outlook: Sub-Saharan Africa, Ms. Antoinette Sayeh, Director, IMF African Department commented: “Sub-Saharan Africa’s economy is set to register another year of solid economic performance with growth expected to expand 4½ percent in 2015. The region will continue being one of the fastest growing in the world second only to emerging and developing Asia.

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NNPC May Tap N94.5bn Reserve to End Fuel Scarcity

04/05/2015

There are strong indications that the Nigerian National Petroleum Corporation (NNPC) may sought relieve from the nation’s strategic reserve estimated at N94.5 billion worth of PMS (petrol) to cushion the effect of the current fuel scarcity nationwide.

The NNPC says the nation has enough stock of petrol in Port Harcourt, Warri and Calabar to service the country for 27 days at a national consumption rate of 40 million litres per day even as it has stepped up other efforts to end the distribution challenges in the fuel supply system.

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Xenophobia Row Exposes Rivalry Between Nigeria, South Africa

Business Journal

04/05/2015

The recall of Nigeria’s top diplomat after a spate of xenophobic attacks in South Africa follows several similar spats that expose the two countries’ deep rivalry for economic and political dominance in Africa.

Nigeria’s Acting High Commissioner to South Africa Martin Cobham said he had been “invited” to Abuja to discuss this month’s anti-immigrant attacks in South Africa, which have killed at least seven people. Televised images of armed gangs attacking immigrants and looting foreign-owned stores in Johannesburg have sparked a backlash in Nigeria, where hundreds protested in front of shops owned by South African brands like MTN and Shoprite.

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The Indonesia Executions

Business Journal

04/05/2015

Last week, Indonesia stood its ground on its declared war on hard drugs through the firing squad execution of eight convicted drug offenders despite global appeals for clemency. The eight-4 Nigerians, 2 Australians, 1 Brazilian and 1 Indonesian paid the ultimate price for daring to challenge the Death-For-Drug-Dealers- Law in Indonesia.

For months, the international media followed the death penalty on the convicted drug dealers and the ensuing campaign to free them from violent death.

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Nigeria’s 2015 Appropriation Bill: Legislators Adopt the Ostrich Strategy

Business Journal

04/05/2015

A week after the House of Representatives passed the 2015 Budget, the Upper Chamber fulfilled its part of the Appropriation process by passing a N4.5tn budget. This is N134.4bn in excess of the N4.4tn submitted by the Executive arm late 2014.

Meanwhile, recurrent expenditure was reduced slightly by N0.5bn to N2.6tn while capital expenditure was scaled down by additional N85.9bn to N557.0bn from N642.8bn proposed by the Executive arm. Effectively, this implies that recurrent expenditure is approximately five times the capital expenditure.

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Mayweather Vs Pacquiao: The $300m Fight of History

Business Journal

04/05/2015

The Most Lucrative Fight Ever-The Greatest?

The fight on May 2 between Floyd Mayweather Jr. and Manny Pacquiao is one that boxing fans and writers have sought more than any other in recent years, even though both fighters have passed their respective peaks.

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An Industry Roadmap for Next Commissioner for Insurance

Business Journal

29/04/2015

Considering the contests Nigeria has experienced to have candidates elected into political offices this year, I would sometimes wish that other offices, though professional but equally political, undergo such contests involving manifesto-based campaigns and broad consultation with stakeholders.

More than the just concluded elections, the emergence of a new Commissioner for Insurance (CFI) and helmsman of National Insurance Commission (NAICOM) through appointment by the President matters and should matter for many Nigerians.

This is because the Nigerian insurance industry bears the promise of employment to increasing number of young job seekers, the opportunity of long term investible funds as we enhance our infrastructural base and the hope for improvement in the management of the emergent risks associated with decisions concerning our national economy.

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Real Madrid tops Football Rich List for 10th Straight Year

Business Journal

29/04/2015

Story highlights
• Real Madrid tops Deloitte’s annual Money League for the club with the highest revenue
• Manchester United surpasses Barcelona and Bayern Munich to move into second spot
• List is dominated by English football with all 20 Premier League clubs in the world’s top 40.

Can anybody stop Real Madrid, on the football pitch and off it? For the 10th year running, European champion, Real Madrid is the world’s richest club in the annual Football Money League published by accountants Deloitte, with a revenue of $639 million.

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Red Star Express Plc Partners DealDey to Enhance eCommerce Industry

Business Journal

29/04/2015

In a strategic bid to constantly exceed customers’ expectations and enhance the eCommerce industry in Nigeria, Red Star Express
Pl, has partnered with DealDey to take the online shopping business to greater height.

Online shopping is fast gaining ground in Nigeria, taking up most conventional shopping as people, especially the elite, working class and the youth, who run tight/ busy schedules, place their orders from the online stores at the comfort of their homes and offices, and their purchases are delivered to them.

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Promasidor Nigeria Named Best Corporate Social Responsibility Company 2014

Business Journal

29/04/2015

In recognition of the enormous contributions of Promasidor Nigeria to the Isolo community of Lagos, Nigeria, the Osolo of Isolo Kingdom, the Council of Chiefs and the entire Isolo Kingdom have named Promasidor- The Best Corporate Social Responsibility Performing Company of The Year 2014.

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Economic Diversification, Non-oil Export Growth Back on the Front Burner

Business Journal

28/04/2015

A peaceful outcome of the 2015 presidential election was the desire of the generality of Nigerians and the international community. Thankfully, we got it; and more. President Goodluck Jonathan converted his loss of the election to something remarkably positive for the country and for his legacy. His concession of defeat and early call to congratulate General Muhammadu Buhari, who emerged as President-elect, is surely an indelible mark in our strides to entrenching a democratic culture in Nigeria.

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How Fortune Ran Out for Nigeria’s Goodluck Jonathan

Business Journal

28/04/2015

Nigerian President Goodluck Jonathan makes a declaration in front of supporters at a ceremony in Abuja on November 11, 2014.
Goodluck Jonathan’s rise to the top of the pile in Nigeria’s ruthless political world has been described as accidental — a matter of good luck. But the amazing run of coincidence and chance that brought the son of a canoe-maker to the Presidential Villa in the capital, Abuja, seems to have come to an end.

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