Today’s Business Day Newspaper Headlines Friday 7th June 2019.

Today’s Business Day Newspaper Headlines

Inside details on 6 oil bloc licences revoked by DPR
Fri, 07 Jun 2019
More reasons have emerged as to why Nigeria’s Department of Petroleum Resources (DPR) decided to revoke five oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies. The DPR, in a public notice issued on Thursday, said the revocation was based on a presidential directive to ‘recover legacy debts’ owed by []
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Because we love the way they treat furniture
Fri, 07 Jun 2019
Muni Shonibare, CEO IO Furniture Limited Muni Shonibare founded Interior Options in 1987, rebranding it as IO Furniture Limited in 2008. She has over two decades of experience as an interior designer. She graduated with a degree in Industrial Design from Ahmadu Bello University, then received a post graduate diploma in Interior Design from the []
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How Nigeria can radically accelerate access to healthcare
Fri, 07 Jun 2019
Nigeria is currently trying to focus its efforts in improving access to healthcare for Nigerians though the Public Private Partnership. The PPP initiative is a guide to what is working and a tool for inspiring further action. Experts sayhealthcare in Nigeria increase access bysustainability, public private partnership and that urgent attention to optimise delivery and []
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CBN mops up N170bn as financial market resumes
Fri, 07 Jun 2019
The Nigerian financial market on Thursday resumed activities after the two-day holiday, with the Central Bank of Nigeria (CBN) mopping up a total of N170 billion from the system through its Open Market Operation (OMO). OMO refers to the buying and selling of government securities, usually by the central banks, to control liquidity in the []
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Pep’s revenue surges 7% amid challenging retail market
Fri, 07 Jun 2019
Pepkor, owners of clothing retail store, Pep and Ackermans brands, says it recorded a satisfactory results during the six months ended 31 March 2019 amid shrinking consumer wallet and challenging retail market. The company’s sales and earnings rose in the six months buoyed by market-share gains in clothing and merchandise. The clothing outlet also grew []
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Air pollution responsible for 7m premature death worldwide
Fri, 07 Jun 2019
Around the world, more than seven million premature deaths are attributed to air pollution. However, about 600,000 children are at risk of the adverse effect of air pollution; according to a statement signed by Medinat Abdulahi, Communication Officer, Media Advocacy and Technologies Center (MATEC). To commemorate the world environment day 2019 with the theme- beat []
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Beggars in uniform
Fri, 07 Jun 2019
Beggars have existed in human society since before the dawn of recorded history. Street begging has happened in most societies around the world, though its prevalence and exact form vary, according to Wikipedia. Historically therefore, begging is as old as the world. In ancient Palestine and Greece, beggars were people who had been examined by []
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Joycee Awojoodu, Founder/CEO of ORK Group
Fri, 07 Jun 2019
Joycee Awojoodu is the Founder/CEO of ORK Group. She is an entrepreneur, economist and power sector specialist. She has a history of running companies in Nigeria mainly: ORK and PowerCareers. ORK is a luxury personal grooming brand that fuses all-natural ingredients primarily sourced from the Continent of Africa with scientific research to create extraordinary personal []
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House of Reps passes 352 bills, resolves 1,413 motions, considers 2,015 petitions in 4 years
Fri, 07 Jun 2019
The House of Representatives has passed 352 out of 1,643 bills presented in the lifespan of the 8th Assembly, resolved 1,413 out of 1,588 motions sponsored, and considered 205 out of 1,192 petitions received.’Edward Pwajok, chairman, Rules and Business Committee of House, who gave this breakdown Thursday at the valedictory session of the 8th Assembly, []
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South Africa’s Ramaphosa points way to Buhari on timely constitution of cabinet
Fri, 07 Jun 2019
It took South African President Cyril Ramaphosa only 96 hours to constitute his ministerial cabinet after he was sworn in for his first full term on May 25, 2019. Ramaphosa was first elected unopposed as President of South Africa by the National Assembly on February 15, 2018 after President Jacob Zumas resignation. He was again []
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