Friday 30 October 2015

TECTONO CONGRATULATES BARRISTER MONDAY UBANI

Barrister Monday Onyekachi Ubani
We, the management of the best-selling and most sought after online business news and articles publishers, Tectono Business Review, felicitate with a legal luminary, human right activist and erstwhile Chairman of Ikeja branch of the Nigerian Bar Association (NBA), Barrister Monday Onyekachi Ubani, for being honoured by the National Association of Judiciary Correspondent  (NAJUC), Ikeja.

HAULAGE & LOGISTICS MAGAZINE HOLDS ITS ANNUAL CONFERENCE CALLED HAULMACE 2015

The best-selling and most sought after online business news and articles publishers, Tectono Business Review, gathered that Haulage & Logistics Magazine would hold an annual conference and exhibition known as Haulmace 2015 with the theme: Stakeholders Collaboration in Resolving the Crisis in the Nigerian Haulage Industry.

JOHNRHODA, IN COLLABORATION WITH FIRSTBANK, UNVEILS BUSINESS AND PERSONAL FINANCE TV SHOW

We, at Tectono Business Review, have always advocated for a television station in Nigeria dedicated exclusively to Nigeria business programs, just like CNBC. We are happy to report that JohnRhoda Enterprise has partnered with First Bank of Nigeria Limited to launch the On-The-Money with JohnRhoda TV Show.

NIGERIA EARNS N724BN FROM DOMESTIC CRUDE OIL SALES

Nigeria earned N723.82 billion from domestic crude oil and gas sales between January and August 2015, the Nigerian national petroleum Corporation (NNPC) has revealed.

Thursday 29 October 2015

NNPC BOSS PROMISES THAT REFINERIES WILL SOON WORK

Dr. Emmanuel Ibe Kachikwu, GMD, NNPC
Owing to the fact that he is not satisfied with status of Nigerian refineries, a minister designate and current Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has reviewed the business model of the facilities for better efficiency.

KAYMU LAUNCHES KAYMU VILLAGE IN YABA, LAGOS

Kaymu, an e-commerce giant, has once more announced its determination to strengthen online shopping experiences in Nigerian market. This disclosure was made at the launching of the first-of-its kind social innovation centre called Kaymu Village in Lagos to provide an enhanced user experience between sellers and buyers in the Yaba environs.

ENERGY SECTOR REQUIRES $13.5 TRILLION INVESTMENT TO TACKLE EMISSION

Over 150 countries representing 90 per cent of global economic activity and nearly 90 per cent of global energy-related Greenhouse Gas (GHG) emissions have submitted pledges to reduce emissions.

JUSTICE UMEZULIKE CALLS FOR INCLUSION OF RETIRED JUDGES, OTHERS IN ELECTION TRIBUNAL

Justice Innocent Umezulike
The Enugu State Chief Judge, Justice Innocent Umezulike, has called for the incorporation of retired judicial officers of courts, reputable senior lecturers and professors of universities into the election tribunals, the best-selling and most sought after online business and political news and articles publishers, Tectono Business Review, reports.

Wednesday 28 October 2015

PROPER MANAGEMENT, NOT FOREIGN ASSISTANCE

Muhammadu Buhari, President, Federal Republic of Nigeria
Nigeria has just obtained alms of US$2.3 billion to be spread over five years from the United States following the visit there by President Muhammadu Buhari last July. The alms will be provided in the form of assistance by USAID. The available press reports indicate that the National Planning Commission has mapped out activities aimed at reducing extreme poverty across the country in partnership with USAID.

TECTONO FELICITATES WITH THE NEW OONI OF IFE, PRINCE ADEYEYE ENITAN OGUNWUSI

Prince Adeyeye Enitan Ogunwusi, Ooni of Ife
We, the management of the best-selling and most sought after online business news and articles publishers, Tectono Business Review, felicitate with Prince Adeyeye Enitan Ogunwusi (Ojaji II) on his successful selection as the new Ooni of Ife.

OF MINISTERS, CLOWNS, HAZARDS AND LAZARD

Muhammadu Buhari, President, Federal Republic of Nigeria
After a four-month hiatus, the ministerial orchestral band of 37 noisemakers finally arrives on the stage. The ministerial list is a mix of professionals and politicians, party loyalists and non-party members. There are eleven lawyers, five former governors, three medical doctors, and three academicians. In the context of the President’s campaign platform of security, economy and corruption (SEC), the issue of the economy appears to be the least favoured on the ministerial band.

MULTINATIONALS, FRANCHISE FEES AND OTHER ‘IRRITANTS’

Alhaji  Dr. Aliko Dangote, President, Dangote Group
A few days ago, the Nigeria headquartered Dangote Group, opened a massive cement plant in Tanzania. Entailing an investment of USD600 million, the three million metric-tonne per annum capacity cement plant is reputed to be the largest in all of East and Central Africa.

Tuesday 27 October 2015

WHY PEOPLE ARE DESERTING ENUGU’S BEST FOOD CANTEEN

When Enugu State nursed the idea of building its Government House (Lion Building), part of the plan was to have a canteen. Located directly opposite the Deputy Governor’s office (currently being refurbished), the canteen, which opens Monday to Friday, provides food and drinks to staff and visitors at pocket-friendly prices.

CHIEF UGWOKEH NNAEMEKA @ A BUSINESS SEMINAR IN VICTORIA ISLAND, LAGOS

Chief Ugwokeh Nnaemeka
Yes, Tectono Business Review's Chief Ugwokeh Nnaemeka attended a business seminar organized by Sunnet Systems & Datacom Services Limited in partnership with IBM at Civic Centre, Victoria Island, Lagos. The theme of the seminar was: 'Smart Business Optimization.' It was a gathering of both Business and IT Managers of blue-chip companies. It was equally very educative and informative.

Monday 26 October 2015

A TRANSPORTER, PRINCE EMEKA MAMAH, DRAGS HON. DENIS AGBO TO COURT OF APPEAL

Prince Dr. Emeka Mamah

Report reaching the newsroom of the best-selling and most sought after online business and political news and articles publishers, Tectono Business Review, has it that the Chairman and Chief Executive Officer of Ifesinachi Group of Companies who was the candidate of the All Progressives Grand Alliance (APGA) for Igbo-Eze North/Udenu Federal Constituency election in Enugu State in the last election, Prince Dr. Emeka Mamah, has dragged the Peoples’ Democratic Party (PDP) candidate and member of the Federal House of Representatives, Hon. Dennis Agbo, to the Court of Appeal sitting in Enugu, urging the appellate court to return him as duly-elected representative for the constituency.

NIGERIAN-AMERICAN CHAMBER OF COMMERCE HOLDS SPECIAL BREAKFAST MEETING

The best-selling and most sought after online business news and articles publishers, Tectono Business Review, gathered that the Nigerian-American Chamber of Commerce, in partnership with General Electric and Intercontinental Hotel, would hold a Special Breakfast Meeting on topical issues on Friday, October 30, 2015 at the Victoria Hall, 3rd Floor, Intercontinental Hotel, Plot 52A, Kofo Abayomi Street, Victoria Island, Lagos by 8.00 am.

OBASANJO, RECKLESS ONLINE PORTALS TRIGGERED MY NEW BOOK, SAYS SOYINKA

Professor Wole Soyinka
Nobel laureate, Professor Wole Soyinka, has said that his new book, ‘ InterInventions: Between Defective Memory and Public Lie: A Personal Odyssey in The Republic of Liars’, was inspired by his sparring against Chief Olusegun Obasanjo, a former president of Nigeria and error-strewn reports by online news portals, adding that, it is one of the nastiest books he has ever written and it is meant to draw blood.

Sunday 25 October 2015

GOV. UGWUANYI PLEDGES TO REVERSE POLICIES WITH NEGATIVE IMPACTS IN ENUGU

Rt. Hon. Chief Ifeanyi Ugwuanyi, Enugu State Governor
The Governor of Enugu State, Rt. Hon. Chief Ifeanyi Ugwuanyi, has promised to reverse all policies of previous administrations that impact negatively on the people including levies, the best-selling and most sought after online business and political news and article publishers, Tectono Business Review, reports.

Saturday 24 October 2015

NIGERIA’S WICKED PROBLEMS AND BUHARI’S DILEMMA ~ DR. JIMOH IBRAHIM, CFR

Barrister Dr. Jimoh Ibrahim, CFR
The coming of President Muhammadu Buhari was very well celebrated in Nigeria and the entire global community. Equally celebrated is the new concern for good governance and better behaviour of public officers. Everyone is happy and ready to receive the message of hope under the platform of CHANGE. I hasten to add here that CHANGE was my campaign slogan in 2003 in the contest for the governorship of Ondo State, which was declared open by then General Muhammadu Buhari, now President Buhari. Specifically, my campaign slogan was CHANGE 2OO3.

PDP ON THE PATH OF TAKING OVER POWER IN 2019

It appears that the once ruling Peoples’ Democratic Party (PDP) is now embarking on self-rediscovery voyage after its loss in the last presidential poll.

NGO URGES IMPROVEMENT IN DECOMMISSIONING OF REDUNDANT OIL/GAS INSTALLATIONS

Dr. Mofoluso Fagbeja
The Coordinator of a Non-Governmental Organization known as Safer Earth Development Foundation (SEDF), Dr. Mofoluso Fagbeja, on Thursday, called for urgent and a sustainable improvement in the decommissioning of redundant oil and gas installation.

BUHARI COMMISSIONS N30 BILLION GAS PIPELINE MANUFACTURING PLANT

Muhammadu Buhari, President, Federal Republic of Nigeria
Report reaching Tectono Business Review has it that the President of the Republic of Nigeria, Muhammadu Buhari, has commissioned $150 million (about N30 billion) ultra-modern gas pipeline manufacturing plant.

Friday 23 October 2015

FEMI FALANA CALLS FOR EXPANSION OF ECOWAS COURT’S JURISDICTION

Femi Falana (SAN)
As the Economic Community of West African States (ECOWAS), marks 40 years of its formation, Nigerian Human Rights lawyer, Femi Falana, has called on the Heads of Governments of the sub-region to expand the jurisdiction of the Community Court of Justice of ECOWAS to cover cross border crimes such as money laundering, terrorism, human trafficking, drug trafficking, armed robbery and the like.

OBASANJO’S FAMILY REMEMBERS STELLA OBASANJO

Late Mrs. Stella Obasanjo
The family of an erstwhile President of the Federal Republic of Nigeria, His Excellency Chief Olusegun Obasanjo, will mark the 10th anniversary of the death of their wife, mother and grandmother, Mrs. Stella Obasanjo, who died on the 23rd of October, 2005 when she was still the First Lady of the Federal Republic of Nigeria.

GOV. UGWUANYI PARTNERS FEDERAL MORTGAGE BANK ON HOUSING SCHEME TO WORKERS

Rt. Hon. Chief Ifeanyi Ugwuanyi
To further strengthen his administration’s drive to provide houses to the state’s workers, the governor of Enugu State, Rt. Hon. Chief Ifeanyi Ugwuanyi, has perfected plans to strategically partner with the Federal Mortgage Bank.

TECTONO CELEBRATES WITH REV. DR. CHRIS OYAKHILOME

Rev. Dr. Chris Oyakhilome
We, the management of the best-selling and most sought after online business news and articles publishers, Tectono Business Review, celebrate with Rev. Dr. Chris Oyakhilome, on his conferment of Doctor of Divinity (Honoris Causa) by the Benson Idahosa University (BIU), Benin City.

DELTA OIL PERFECTS PLANS TO ACQUIRE MART RESOURCES

Lagos-based Delta Oil Nigeria B.V has perfected plans to acquire the shares of Mart Resources Inc., under an ‘arrangement agreement’ sealed by the two companies recently.

NGO EXTOLS GOV. UGWUANYI’S COMMITMENT TOWARDS WORKERS’ WELFARE

Rt. Hon.Chief  Ifeanyi Ugwuanyi, Enugu State Governor
It is crystal clear that among all the state governors in Nigeria, the governor of Enugu State, Rt. Hon. Chief Ifeanyi Ugwuanyi, is outstanding in terms of making the welfare of workers paramount. Yes, Gburugburu, as he is popularly known as, is known for his prompt payment of workers’ salaries and allowances in the state. This has earned the governor extolment from the Centre for Reform Education Initiative (CREI), a Non-Governmental Organisation (NGO).

TECTONO CONGRATULATES HIS ROYAL HIGHNESS OBA TIJANI ADETUNJI AKINLOYE SATERU II

His Royal Highness Oba Tijani Adetunji Akinloye Sateru II
We, the management of the best-selling and most sought after online business news and articles publishers, Tectono Business Review, congratulate His Royal Highness Oba Tijani Adetunji Akinloye Sateru II on the 22nd anniversary of his glorious reign as the Ojomu of Ajiran Land, Eti-Osa Lagos.

Thursday 22 October 2015

DR. JIMOH IBRAHIM’S NICON INSURANCE SPONSORS 5TH AGM OF NAMB

Barrister Dr. Jimoh Ibrahim (CFR), Chairman, Energy Group
Information reaching Tectono Business Review has it that NICON Insurance Limited, an insurance subsidiary of Energy Group of Companies founded by a Harvard, Oxford and Cambridge scholar, Barrister Dr. Jimoh Ibrahim (CFR), is sponsoring the 5th Annual General Meeting (AGM) of the National Association of Microfinance Banks (NAMB) which is will take place on Saturday, 24th of October, 2015 from 9.00 am with the theme: ‘Welcome the Future’ at National Merit House Auditorium, Maitama, Abuja.

TECTONO, THE MOST SOUGHT AFTER BRAND

Tectono Brand

OIL AND GAS MARKETING FIRMS PERFECT PLANS TO COMMENCE RAIL HAULAGE

Owing to the incessant delay in transportation caused by the anomalies in pipeline system and truck haulage of petroleum products, oil and gas marketing companies have considered adopting the railway wagon haulage system for easy and convenient delivery of products across the country.

ONYEAMA’S MINISTERIAL NOMINATION TEARS ENUGU APC APART

Geoffery Onyeama
Yes, much to the consternation and chagrin of all the members of the Enugu State Chapter of the All Peoples’ Congress (APC), a political neophyte and non-member of the political party who is a scion of the popular Onyeama family in Enugu, Mr. Geoffrey Onyeama, was nominated as the candidate for Enugu State in President Muhammadu Buhari’s cabinet. Political observers in Enugu have confirmed that this recent development has torn the state chapter of the party apart.

PHOTO: CHIEF UGWOKEH NNAEMEKA, PUBLISHER, TECTONO BUSINESS REVIEW

Chief Ugwokeh Nnaemeka, Publisher, Tectono Business Review

NIGERIA RECORDS AVERAGE FUEL PRICE OF N95.18 IN SEPTEMBER

Owing to the incessant delay in transportation caused by the anomalies in pipeline system and truck haulage of petroleum products, oil and gas marketing companies have considered adopting the railway wagon haulage system for easy and convenient delivery of products across the country.

4,000 OIL & GAS MARKETERS GATHER IN LAGOS FOR OTL AFRICA DOWNSTREAM CONFERENCE

Tectono Business Review gathered that excess of 4,000 delegates, speakers and exhibitors are expected to participate in the 9th Oil Trading and Logistics (OTL Africa) Downstream Week, which will take place in Lagos Nigeria next week.

OPEC SAYS OIL INDUSTRY REQUIRES $10 TRILLION INVESTMENTS IN 25 YEARS

Indications have emerged from the Organisation of Petroleum Exporting Countries (OPEC) that the global oil and gas industry would need about $10 trillion to meet the growing demand by the year 2040, Tectono Business Review reports.

TECTONO FELICITATES WITH COLEMAN WIRES & CABLES

We, the management of the best-selling and most sought after online business and political news and articles publishers, Tectono Business Review, rejoice with Asiwaju S. K. Onafowokan and Mr. George Onafowokan who are the Chairman and MD/CEO respectively of Coleman & Cables on the official commissioning of the Multibillion Naira New Arepo Factory II.

Wednesday 21 October 2015

TECTONO REJOICES WITH HIS EXCELLENCY SENATOR GODSWILL AKPABIO

His Excellency Senator Godswill Akpabio (CON)
We, the management of the best-selling and most sought after online business and political news and articles publishers, Tectono Business Review, rejoice with the immediate past governor of Akwa Ibom State and current senator representing Ikot Ekpene Senatorial District, His Excellency Senator Godswill Akpabio (CON) on his recent victory at the Election Petition Tribunal.

FBN CAPITAL PLANS TO HOST 5TH ANNUAL INVESTOR CONFERENCE ON OCTOBER 27, 2015

Tectono Business Review gathered that the Investment Banking and Asset Management subsidiary of FBN Holdings Plc, FBN Capital Limited, has perfected plans to host key stakeholders at the 5th edition of its annual investor conference with the them: ‘Reinventing the Nigerian Economy: Beyond the Rhetoric’ on the 27th of October 2015 in Lagos.

TECTONO FELICITATES WITH HIS EXCELLENCY SENATOR RABIU MUSA KWANKWASO

His Excellency Senator Rabiu Musa Kwankwaso
We, the management of the best-selling and most sought after online business and political news and articles publishers, Tectono Business Review, felicitate with His Excellency Senator Rabiu Musa Kwankwaso on the occasion of the 51st anniversary of his birth.

INCREASED FUNDING TO BOOST POWER SECTOR


Nigeria and other African na­tions are said to be generally experiencing rapid economic growth of 5 per cent per annum. This is higher than concerted efforts to pro­vide energy for investors and other us­ers.

Tuesday 20 October 2015

APGA ACCUSES BUHARI OF NEGLECTING NDIGBO IN APPOINTMENTS

Comrade Jerry Obasi
The Deputy National Secretary of the All Progressives Grand Alliance (APGA), Comrade Jerry Obasi, has said that President Muhammadu Buhari has shown undue disregard for Igbo of the Southeast by sidetracking bonafide All Progressive Congress (APC) leaders in the zone while nominating candidates for ministerial appointments.

Monday 19 October 2015

TECTONO CONGRATULATES DR. AWA IBRAHEEM

We, the management of the best-selling and most sought-after online business news and articles publishers, Tectono Business Review, congratulate the Founder and Managing Director of ICMA Services Limited, Dr. AWA Ibraheem (FCA) on the anniversary of his birth and also on the grand opening of his new corporate office (Akewusola House)

LEADERS AND THEIR PRAXIS (II) ~ DR. JIMOH IBRAHIM, CFR

Dr. Jimoh Ibrahim, CFR
In our last publication, we discussed two types of people: Drivers and Amiables, and advised the president on the need to fix the right category of people in the appropriate ministries. This is not to say that any category is better than the other. The important point to stress is that we will not get the necessary efficiency except we put the right people in the appropriate areas. If we get the positioning wrong, we will not get the desired result. This is one of the reasons for our incessant failures.

GOV. UGWUANYI PROMISES TO MAKE ENUGU CIVIL SERVICE A REFERENCE POINT

Rt. Hon. Ifeanyi Ugwuanyi
The Governor of Enugu State, Rt. Hon. Chief Ifeanyi Ugwuanyi, has given civil servants in the state the assurance that his government was prepared to implement holistic and inclusive development, as he promised during his pre-election campaigns.

EKWEREMADU TELLS APC TO EITHER PERFORM OR GIVE WAY FOR PDP COME 2019

Chief Dr. Ike Ekweremadu
The Deputy President of the Senate,‎ Chief Dr. Ike Ekweremadu, otherwise known as the Ikeoha Ndigbo, has advised the ruling All Progressives Congress (APC) to build on the successes recorded by the opposition Peoples Democratic Party (PDP), while it held power for 16 years or risk being pushed aside in 2019.

Saturday 17 October 2015

SHELL LIFTS FORCE MAJEURE ON BONNY LIGHT EXPORTS

Shell Petroleum Development Company of Nigeria Limited (SPDC) has lifted the force majeure on its Bonny Light grade, thereby recovering about 320,000 barrels per day (bpd) of the nation’s oil exports.

Friday 16 October 2015

TECTONO CONGRATULATES HON. BARRISTER NESTOR EZEME

Barr. Nestor Ezeme is the 3rd person from left
We, the management of the best-selling and most sought after online business and political news and articles publishers, Tectono Business Review, congratulate Hon. Barrister Nestor Ezeme, a brilliant and youthful legal luminary and astute politician, on his appointment as the Chairman of Enugu Post Primary School Management Board (PPSMB).

FORTE OIL LAUNCHES ‘SMART-FUEL CARD’ TO EASE TRANSACTIONS

A foremost indigenous major marker of refined petroleum products with strong presence in all the states in Nigeria, Forte Oil Plc, has introduced smart-fuel card known as the ‘FO Advantage card’ to improve transaction for its customers at the filling stations and any business point across the country, Tectono Business Review reports.

OANDO BURIES $1 BILLION IN APAPA FACILITIES EXPANSION

Tectono Business Review gathered that Oando Marketing has invested a staggering sum of $1 billion to expand its facilities in Apapa axis of Lagos State in order to meet the needs of the energy market.

FALL IN CRUDE OIL PRICES BRINGS REVENUE TO N1.5 TRILLION

Available data from the Central Bank of Nigeria (CBN) showed that total federally-collected revenue during the second quarter of 2015, stands at N1.5 trillion, reflecting a decline of 39.2 and 27.7 per cent, compared with the provisional quarterly budget estimate of N2.5 trillion and receipts of N2.05 trillion in the preceding quarter, respectively.