Today’s Business Day Newspaper Headlines Monday 11th February 2019

Today’s Business Day Newspaper Headlines, Monday 11th February 2019

BASF eyes larger market share with standard technology lab
Mon, 11 Feb 2019
BASF West Africa (WA), a global brand in personal care and cosmetics products, is targeting a bigger market share in the sub-region with a state-of-the-art technology laboratory. The first of its kind in the country, the laboratory is expected to bring BASF closer to consumers and enhance customer satisfaction through various innovative solutions for sustainable []
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We will transform Chi products into billion-dollar brands’ Coca-Cola president
Mon, 11 Feb 2019
Coca-Cola Company recently completed a 100 percent acquisition of Chi Limited’s juice, dairy, snacks, ice tea, and retail segments. ODINAKA ANUDU had an exclusive interview with Peter Njonjo, president of West Africa business unit of Coca-Cola, after the deal. Njonjo shared the details of the transaction with him. Congratulations on this transaction. How much change []
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Oil majors shy on Nigeria, look elsewhere for growth opportunities
Mon, 11 Feb 2019
Oil majors are fine-tuning their growth strategies either for petrochemicals, gas or energy transition programmes, but Nigeria is not a high priority investment destination. According to their full-year 2018 financial results released recently, ExxonMobil, Total and Chevron booked strong results despite a 40 percent decline in the value of oil prices in the fourth quarter []
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UPDATED: Govt hypocrisy shows as trucksreturn to Lagos roads after Buhari’s visit
Mon, 11 Feb 2019
Hours after President Muhammadu Buhari, his presidential campaign entourage and chieftains of the ruling All Progressives Congress (APC) visited Lagosto canvass votes ahead of Saturday’s presidential polls, petroleum tankers and container-carrying trucks have again been unleashed on Lagosians. The return of the trucks on Lagos roads shows the hypocrisy and self-deceit of the current government, []
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How do nations get rich
Mon, 11 Feb 2019
Lately I have been having a recurring nightmarish thought. What if Nigeria’s growth rate gets stuck at the current miserable 2 3 percent per annum level for the next one, two or three decades’ Running the numbers, 2 percent per annum average growth rate gets you to a $1 trillion economy in 40 years []
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Pious socialist or brash liberal: Nigeria’s choice this week
Mon, 11 Feb 2019
The long-awaited E-Day is finally here. I mean Election Day, of course. Nigerians will go to the pollsthis Saturday, 16 February, to elect the next president. There is a motley crowd of candidates, but the contest is a two-horse race between PresidentMuhammadu Buhari, of All Progressives Congress (APC), and former Vice President Atiku Abubakar, of []
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General T.Y. Danjuma and the other generals with nine lives
Mon, 11 Feb 2019
The select audience at the preview of Max Chuck Black’s film: ‘BLACK ROARING LIONS’ was about to erupt into a standing ovation at the super opulent Beverly Hills Hotel, Sunset Boulevard, Beverly Hills, California, United States of America when matters were brusquely interrupted. The protest had to do with what many would have accepted as []
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Keeping faith with democracy
Mon, 11 Feb 2019
The elections are finally here and barring any last-minute changes, will hold on Saturday. Nigerians will get to choose leaders and representatives who will run the country for the next four years or so. The focus so far has been on the candidates running for president but let us not forget that we will be []
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Buhari, Atiku offer distinct pathways to Nigeria’s economic future
Mon, 11 Feb 2019
Nigerians will in five days’ time go to the polls to elect a president for the next four years. Although there are over 60 candidates vying for the president of Africa’s largest economy, analysts have said the contest is between Muhammadu Buhari, incumbent president and candidate of the All Progressives Congress (APC), and Atiku Abubakar, []
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How reforms, financial flows can ease Nigeria’s liquidity shortage
Mon, 11 Feb 2019
In a world awash with liquidity with investors globally looking for where to put money to work to earn a decent return, Nigeria can’t seem to attract foreign capital and is instead dealing with a shortage of liquidity in its domestic economy. By not taking the steps needed to unleash massive inflows of foreign direct []
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5 reasons Nigeria might not just be Africa’s heavyweight
Mon, 11 Feb 2019
For years, Nigeria has been referred to as the giant of Africa basically because of its population size of about 200 million and its weight as Africa’s biggest economy in terms of real GDP. A large population, which represents an abundance of human resources, ought to be advantageous. Many countries including China and India have []
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