Monday, 26 March 2018

NEXIM BANK PARTNERS ONDO TO SCALE UP COCOA EXPORT

The Executive Director, Business Development of Nigerian Export-Import Bank (NEXIM), Mrs. Stella Okotete, has revealed that the bank is seeking partnership with Ondo state on cocoa projects and other commodity exporters to scale up export trade. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

EXPORT COUNCIL TASKS COCOA FARMERS ON FERMENTATION

The Nigerian Export Promotion Council has advised cocoa farmers on the need to properly ferment their cocoa beans to achieve better production and gain acceptance in the world market. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html 

FBG ENGINEERING COMPANY LIMITED

1st Floor, Bamboo Plaza, 6/8, Ogunnusi Road, Omole Layout, Ikeja, Lagos, Nigeria
08037217751, 08056084034, info@fgbengineering.net

Sunday, 25 March 2018

NON-OIL EXPORTERS EARNED $2.34BN IN 2017

Exporters of non-oil products in the country earned the sum of $2.34bn (N714bn) in the 2017 fiscal period, data obtained from the Central Bank of Nigeria revealed. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

ADD VALUE TO RAW MATERIALS BEFORE EXPORT, AGRIC EXPERTS TASK FARMERS

Agricultural experts have advised farmers to stop exporting raw materials, but rather add value to the products to generate higher revenue. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

AGRO EXPORT: LAWMAKER ADVISES FARMERS ON ADHERING TO BEST PRACTICES

The Chairman, House Committee on Agricultural Production and Services, Hon. Mohammed Tahir Monguno, has re-echoed the importance of adhering to best practices in the export of agricultural produce. The best practices are contained in this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

Saturday, 24 March 2018

GISELLE HOMES

Beulah Land Plaza, Plot 9, Block 113, Lekki 3 rd Round About, Lekki-Epe Expressway, Lagos, Nigeria
+2348023102481, +2348069683185, info@gisellehomes.com. www.gisellehomes.com

Friday, 23 March 2018

FINANCIAL MARKETS TREMBLE AS GLOBAL TRADE WAR FEARS INTENSIFY

A tidal wave of risk aversion engulfed financial markets on Friday, after President Donald Trump announced that the U.S will impose tariffs on up to $60 billion of Chinese imports.

Thursday, 22 March 2018

FISHERY PRODUCTS EXPORT: FEDERAL GOVERNMENT CERTIFIES COMPANIES

The Federal Government has certified some companies to begin export of fishery products to the international market following accelerated growth of the subsector.

UNITYKAPITAL ASSURANCE PLC METAMORPHOSES TO VERITASKAPITAL ASSURANCE PLC

Following the concluded divestment of Unity Bank Plc’s holdings in UnityKapital Assuarnce Plc and the Resolution passed by members of the Company at its Annual General Meeting held on September 14, 2017, the Company hereby notifies the public of its change of name from UnityKapital Assurance Plc to VeritasKapital Assurance Plc.

DIADEM PHARMACY LIMITED

SUPERMARKET/VETERINARY/OPTICALS
6, Oyo Road, Ojoo, Ibadan, Oyo State, Nigeria
+2348062453391, diadempharma@yahoo.com

DOLLAR DIPS ON DOT-PLOT DISAPPOINTMENT, BoE IN FOCUS

The Federal Reserve has lifted interest rates to their highest level since the financial crisis, but Dollar bulls are clearly unamused.

OVAMANN PUMPS LIMITED

1, Shalom Street, Of Apple Junction Link Road, Amuwo Odofin, Lagos, Nigeria
+23412955803, www.ovamannpumps.com

HOT TOPIC COMMENT ON NIGERIAN NAIRA

The Nigerian Naira has remained resilient against the US Dollar, despite the Federal Reserve raising US interest rates overnight. The USDNGN is currently trading 360 as of writing.  

Wednesday, 21 March 2018

DE X-RAY EQUIP NIGERIA LIMITED

Sales and Maintenance of Modern Radiological Equipment
Agfa Digital Consumables
Radiation Protection

TRADING THE FED'S INTEREST RATE DECISION

Investors across all asset classes are cautiously awaiting the key risk event of the week; the Federal Reserve’s monetary policy decision.

Tuesday, 20 March 2018

TECH SELLOFF DRAGS GLOBAL EQUITIES

The steep losses in U.S. technology stocks were carried into Asian markets today with all major indices tracking Wall Street declines. Facebook made the headlines on Monday, as reports over the weekend claimed that data from 50 million users was accessed without their permission. The stock fell 6.8% and wiped out almost $37 billion from its market cap. The news will undoubtedly scare advertisers, especially if it leads to regulators changing Facebook’s business model in a way which may impact the company’s revenues.

STERLING SLIPS ON INFLATION SLOWDOWN, OIL RISES

The British Pound immediately weakened against the Dollar on Tuesday morning after UK inflation fell more than expected in February.

TECTONO FELICITATES WITH THE CHAIRMAN OF ODOGWU GROUP OF COMPANIES, CHIEF DR. SONNY ODOGWU (CFR)

Chief Dr. Sonny Odogwu
We congratulate a foremost industrialist, philanthropist and Chairman of
ODOGWU GROUP OF COMPANIES LIMITED
Chief Dr. Sonny Odogwu, CFR
(IDE AHABA)
On the 87th anniversary of his birth

SPARKLIGHT ENGINEERING COMPANY LIMITED

Sparklight House, Sparklight Estate, KM 2, Lagos-Ibadan Express Way, Isheri, Ogun State, Nigeria
+2348020538094, +2347032245851

IKEOGU FOUNDATION/OVOGOVO UNITED FOR GBURUGBURU WISHES RT. HON. IFEANYI UGWUANYI (GBURUGBURU) HAPPY BIRTHDAY

Rt. Hon. Ifeanyi Ugwuanyi, Enugu State Governor
Happy birthday to a
PHENOMENAL LEADER,
Rt. Hon. Ifeanyi Lawrence Ugwuanyi
(Gburugburu)
The indefatigable Governor of Enugu State

Monday, 19 March 2018

BENEFITS EXPORTERS CAN GET FROM NIGERIAN EXPORT PROMOTION COUNCIL

The Nigerian Export Promotion Council (NEPC) is the government agency responsible for regulation, promotion, recording and monitoring of export trade in the country. It is the organ which the government uses to implement its export policies and strategies. When you hear about new exportation policies and incentives for exportation given out by the government, The NEPC is usually in charge of distributing these incentives. The NEPC was established in and has its offices across Nigeria.

WITH LSETF, ACCESS TO TRAINED TALENT IS JUST A CLICK AWAY

With LSETF Labour Market Information System (LMIS), business owners, companies and institutions can access trained and certified talents and request the services of candidates for short medium or long term employment. For more information, visit us now via: www.lsesp.ng  

ACCOUNTING, INVOICING AND PAYROLL SIMPLIFIED @ SAGE

RUN YOUR BUSINESS WITH A SINGLE BUSINESS MANAGEMENT SOLUTION FROM SAGE
No more late-night invoicing
No more chasing payment
No more accounting worries

IGWE & IGWE ATTORNEYS (LEGAL PRACTITIONERS & NOTARIES PUBLIC)

Aster, 2nd Floor, Right Wing, 252, Herbert Macaulay Way, Yaba, Lagos, Nigeria
+2348034536861, igweattorneys@gmail.com

VINCENT K. BANJO & CO (LEGAL PRACTITIONERS)

8/10, Broad Street, Lagos Island, Lagos, Nigeria
+2348062315566, +2348023449335, kenvinc@yahoo.com

THE WEEK AHEAD FOMC TRUMP TARIFFS AND UK INFLATION IN FOCUS

Donald Trump
Concerns over the potential for a Trump trade war still seem to be weighing on the minds of investors, with a lack of risk appetite still leading to caution in global stock markets.

Sunday, 18 March 2018

WUNMI ODUSOLA & CO (ESTATE SURVEYORS & VALUERS)

Zion House, 15, Taiwo Street, Ilupeju, Lagos, Nigeria
+234802303038234, +2347056350079, +2348086267650, +234803822822643

Friday, 16 March 2018

NEXIM BANK OFFERS ONDO EXPORTERS N500BN LOAN

The Nigeria Export and Import Bank has called on businessmen and women, who are into export business in Ondo State, to take advantage of the N500bn loan that the Federal Government is offering at a single digit interest rate.

EURO LOUNGE & SUITES

30, Alafin Avenue, Oluyole Estate Ring Road, Ibadan, Oyo State, Nigeria

GHEYSEN REAL LIMITED

27B, Island Way, Dolphin Estate, Ikoyi, Lagos, Nigeria
+2349087347902

EXPERTS SEEK INCREASE IN MERCHANDISE EXPORTS

Stakeholders in the real sector including experts on trade and maritime matters have said that if the regulatory authorities in the various sectors are focused and impediments to trade are eliminated, there will be increase in merchandise exports from Nigeria.

NON-OIL EXPORTERS REJOICE AS CBN BEGINS IMPLEMENTATION OF N500BN EXPORT FACILITY

Folks, if you are a non-oil exporter, you have a good reason to rejoice. This is because information reaching Tectono Business Review has it that the Central Bank of Nigeria has commenced the implementation of the N500 billion non-oil exports stimulation loan.

SHEA BUTTER EXPORT HIT 350,000MT PER ANNUM AND $200M IN ANNUAL INCOME

Minister of State, Ministry of Industry, Trade and Investment, Hajia Aisha Abubakar, has said that shea butter export volume from producing countries, especially Africa, has grown to over 350,000 metric tonnes per annum, indicating about 600 per cent increase when compared with what it was 20 years ago.

EXPORT COUNCIL TO TAKE 200,000 NIGERIAN WOMEN TO THE INTERNATIONAL MARKET IN WASHINGTON

Olusegun Awolowo, CEO, NEPC
Determined to make women dominate the nation’s economy through trade and increase the country’s Gross Domestic Product (GDP), the Nigerian Export Promotion Council (NEPC) has trained 120 women on export procedures and solution.

DO YOU WANT ANY KIND OF CABLE? COME TO ECAS INVESTMENT LIMITED

WE STOCK THE FOLLOWING CABLES
Wire Mesh Cable Tray
Armoured Cables
Cables Ties
High/Low Voltage Cables
TRS Flexible & Controls Cables
Galvanized/PVC Trunkings
Galvanized Cable Trays
Adaptable & Floor Boxes
Weather Proof Sockets

TECTONO CONGRATULATES FLOUR MILLS OF NIGERIA PLC

We congratulate
FLOUR MILLS OF NIGERIA PLC
On the official commissioning of its
N50BILLION AGRO-ALLIED INVESTMENT
In
SUNTI GOLDEN SUGAR ESTATE FACTORY
In
MOKWA, NIGER STATE
By the
President and Commander-In-Chief of the Armed Forces, Federal Republic of Nigeria
Muhammadu Buhari, GCFR

Thursday, 15 March 2018

LARE OLIYIDE & CO (LEGAL PRACTITIONERS)

61, Osolo Way, Ajao-Isolo, Lagos, Nigeria
+2348023115055, +2348062446420

ASTRA INSTRUMENTS

50/52, Toyin Street, Ikeja, Lagos, Nigeria
+2348036206243, +2349094797025, info@astrainstruments.com

INVESTORS ON EDGE AS FEARS OF TRADE WAR MOUNT

Global equity bears marched into Thursday’s trading session with a mission to sow chaos across stock markets, as fears mount over a potential global trade war.

ONE-DAY PUBLIC ENLIGHTENMENT FORUM WITH THE POWER, WORKS AND HOUSING MINISTER, BABATUNDE FASHOLA (SAN)

Babatunde Fashola, SAN
THE
HONOURABLE MINISTER OF
POWER, WORKS & HOUSING,
Babatunde Fashola, SAN
Invites
State Commissioners & Permanent Secretaries of Works, DPR, ASCA, NPA, NUPENG, NURTW, Cement Manufacturers, NARTO, Fleet Owners, MAN, Tank Farm Owners, Petroleum Tanker Drivers, Oil Marketers, PENGASSAN, Academia and all stakeholders in the road sector to a
ONE-DAY PUBLIC ENLIGHTENMENT FORUM
On
DEVELOPMENTS IN THE ROAD SECTOR

ARIK AIR SPREADS ITS WINGS TO MMA2

Arik Air will effective March 17, 2018 operate its Lagos-Port Harcourt Flights from Murtala Mohammed Terminal 2 (MMA2).

CONSEQUENCES OF CLIMATIC CHANGE IN NIGERIA: STRATEGIES FOR MITIGATION AND ADAPTION

The Board of Trustees of the
STEPHEN OLUWOLE AWOKOYA FOUNDATION FOR SCIENCE EDUCATION (SOAFSE)
Announces the
23RD ANNUAL LECTURES, AWARD OF HONOURS & POST GRADUATE SCHOLARSHIPS

Wednesday, 14 March 2018

OSCAR AGENCY INDUSTRIAL LIMITED

SERVICES
Oil Field Engineering
Oil & Gas Services
Equipment Maintenance
Oil Spillage Cleaning
Waste Management

BELVIC TECHNOLOGIES LIMITED

5th Floor, Mulliner Towers, 39A, Alfred Rewane Road, Ikoyi, Lagos, Nigeria

LUKMAN OTUNUGA'S COMMENT ON CPI & INFLATION REPORT

Lukman Otunuga
Market expectations that the Central bank of Nigeria will eventually cut interest rates are likely to mount, as inflationary pressures in Nigeria become a thing of the past.

CHALLENGES AND IMPACT OF INFRASTRUCTURE AND SECURITY ON REVENUE DIVERSIFICATION, ENERGY SUPPLY AND FOREIGN EXCHANGE EARNINGS IN A DEVELOPING ECONOMY

NIGERIAN NEWS DIRECT
LECTURE/AWARD
&
MAN OF THE YEAR CEREMONY

BEHOLD CHIEF OSCAR OKWUME (IKEOGU NDIGBO), THE GREAT GRASS-ROOT POLITICAL JUGGERNAUT OF OUR TIME

Wow!!! Folks, Enugu State is blessed to have a great business and political colossus and titan like Chief Oscar Okwume (Ikeogu Ndigbo). The political history of Enugu cannot be completely written without his name appearing. It is on record that this man contributed immensely to the gubernatorial victory of Rt. Hon. Ifeanyi Ugwuanyi in 2015 by delivering his local government and virtually all the local governments in Enugu North Senatorial Districts to the Peoples’ Democratic Party (PDP).

Monday, 12 March 2018

IMPROVED COCOA PRODUCTION FOR EXPORT: NEPC PARTNERS WITH ADEKUNLE AJASIN UNIVERSITY

Olusegun Awolowo, CEO, NEPC
Nigeria Export Promotion Council (NEPC) says it is working with the Adekunle Ajasin University, Akungba Akoko, (AAUA) in Ondo State on measures to improve production and distribution of cocoa seedlings to farmers, as well cocoa processing for quality exports.

BEHOLD TOYIN UMESIRI, A WORLD-CLASS ENTREPRENEUR AND CEO OF NAZARU, AFRICA’S EXPORT PLATFORM

Toyin Umesiri
After over a decade working in corporate America: Fortune 1 (Walmart) and Fortune 150 (Whirlpool Corporation), Nigeria-born-US based businesswoman, Toyin Umesiri, made the big leap to full time entrepreneurship after she resolved to follow her passion for Africa.

BULLS ARE BACK IN TOWN, THANKS TO U.S. EMPLOYERS

The robust U.S. jobs report on Friday managed to offset concerns of a trade war, at least for now. The 313,000 additional jobs took economists and markets by surprise as the figure exceeded even the highest expectations of 300,000 noted in a Reuters survey.

ELIEL JERAHMEAL NIGERIA LIMITED

22B, Ligali Ayorinde Street, Victoria Island, Lagos, Nigeria
+23414536554, +2348075558354, +2349032941432,

Sunday, 11 March 2018

EXPORT COUNCIL RAISES ALARM OVER EXPOSURE OF NIGERIA’S ECONOMY TO EXTERNAL SHOCKS

Olusegun Awolowo, CEO, Nigerian Export Promotion Council
The Nigerian Exports Promotion Council (NEPC), has raised an alarm that despite Federal Government’s efforts to improve the non-oil sector, Nigeria is still largely dependent on the oil sector for its external revenue, and still exposed to “extreme vulnerabilities of external shocks”.

NIGERIA MAKES N34.82 BILLION FROM SESAME SEEDS AND COCOA BEANS EXPORT

Nigeria in the last three months of 2018 made N34.82 billion from the export of sesame seeds, Cocoa beans and frozen shrimps as imports fell by 15.1 per cent quarter on quarter to N2.11 trillion, while exports grew by 9.35 per cent.

INDUSTRY EXPERTS EXPRESS FEAR OVER POSSIBILITY OF LOSING N1TRN REVENUE FROM COCOA BY 2020

Industry experts have expressed fears  that  Nigeria may lose about  N1 trillion  as revenue from  Cocoa by  2020 if  nothing  concrete is   done  to   improve   growing  of  the nation’s cash  crop which  generated  US $ 338 .17 million in 2015  as  export  revenue.

Saturday, 10 March 2018

TECTONO CONGRATULATES THE CHAIRMAN/CEO OF IFESINACHI GROUP OF COMPANIES, PRINCE DR. EMEKA MAMAH (IDE)

Prince Dr. Emeka Mamah
We congratulates the
CHAIRMAN/CHIEF EXECUTIVE OFFICER
Of
IFESINACHI GROUP OF COMPANIES,
Prince Dr. Emeka Mamah (Ide)
On the anniversary of his birth.

NEPC CEO, OLUSEGUN AWOLOWO, DRUMS UP SUPPORT FOR QUICK DEVELOPMENT OF NON-OIL SECTOR

Olusegun Awolowo, CEO, Nigerian Export Promotion Council
The Executive Director and Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has reiterated commitment towards a zero-oil economy, to be hinged on accelerated development of the non-oil sector with a view to expanding and increasing availability of high quality Nigerian products and services globally.

UNIDO SETS TO CONDUCT EXPORT OF NIGERIAN DRIED BEANS TO EU THREE YEARS AFTER BAN

Almost three years after the ban on export of Nigerian dried beans to European Union (EU), the United Nations industrial Development Organisation (UNIDO) would in April, 2018 commence a pilot export of Nigerian dried beans to EU. 

Friday, 9 March 2018

HOW THE CEO OF NIGERIAN EXPORT PROMOTION COUNCIL, OLUSEGUN AWOLOWO, ANNOUNCED HIS REAPPOINTMENT

Olusegun Awolowo, CEO, NEPC
“We are what we repeatedly do. Excellence, then, is not an act but a habit.” ~ Aristotle
I am honoured and humbled by my re-appointment as Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC) by His Excellency, President Muhammadu Buhari.

JOIN US IN GIVING 84 GREAT GBOOOOSSSSAAAAAS TO THE FOUNDER OF FCMB GROUP, OTUNBA DR. SUBOMI BALOGUN

Otunba Dr. Subomi Balogun
We join families, friends, associates and the entire business community in felicitating with the founder of
FCMB Group Plc
Otunba Dr. Subomi Balogun, CON
As he marks the 84th anniversary of his birth

BISMARK REWANE SAYS NIGERIA’S GDP GROWTH WILL HIT 2.2% AND OIL REVENUE WILL BE $44BN IN 2018

Bismarck Rewane, CEO, Financial Derivatives Company Ltd
The Chief Executive Officer of Financial Derivatives, Bismark Rewane, has projected the nation’s Gross Domestic Product (GDP) at 2.2 per cent this year, despite the upcoming general elections with its financing distortions.

DR. IBE KACHIKWU EXPRESSES IMPOSSIBILITY OF NIGERIA REGAINING LOST US OIL EXPORT MARKET

Dr. Ibe Kachikwu
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigeria has forever lost the United States as a significant crude export market.

AN EXPORT TRADE CONSULTANT ADVISES EXPORTERS ON THE IMPORTANCE OF DOCUMENTATION AND MENTORSHIP

At the backdrop of rising export value in Nigeria’s foreign trade statistics, a leading export consultant, Godwin Oyefeso, has advised Nigerian entrepreneurs who want to go into export to have documentation first, to legitimise the transactions.

MARKETS CHEER AS DONALD TRUMP AND KIM JONG UN EXTEND OLIVE BRANCH

Donald Trump & Kim Jong Un
President Trump agreeing to meet the North Korean leader, Kim Jong Un, pleasantly surprised the markets on Thursday. Just a couple of months ago, the two leaders were in in a rather childish spat over whose nuclear button was bigger and hurled insults at each other, at every opportunity. Now, they are about to make history, not only with a possible reconciliation, but also because this would be the first ever meeting between a U.S. president and a North Korean leader. Investors are hopeful that there will finally be a diplomatic breakthrough.

Thursday, 8 March 2018