Mr. Chidi Onyeukwu Ajaegbu, was recently elected the 50th President of the Institute of Chartered Accountants of Nigeria (ICAN). In an interview with journalists, he articulated his agenda for the accountancy profession and the Institute. He also commented on recent developments in the nation’s economy. Excerpts:
Updated 6 Years ago

Kweichou Moutai, the maker of of high-end liquor that is a staple of elegant Chinese banquets, will lower the threshold for franchisors in unexploited areas to further extend its dealership network. Experts see the campaign as aiming to engage in the mass market and burn off current inventories. Enterprises and individuals can apply for dealerships at county-level, provincial capital-level or economic development zones where the brand does not have a presence yet, Kweichou Moutai said in an online statement.
Updated 6 Years ago

The 2014 West Africa Microfinance Conference (WAMIC 2014) will hold in Accra Ghana, with over 300 experts from different sectors sharing knowledge in their various fields.
Updated 6 Years ago

Extensive exchanges will be at the forefront when Chinese and Russian delegates meet at the first China-Russia Exposition later this month, according to sources with the event's organization committee. Scheduled to open on June 30, the event is jointly being held by China's Ministry of Commerce, Heilongjiang Provincial government and the Russian ministries of economic development and industry and trade.
Updated 6 Years ago

As part of efforts to reduce the level of ignorance on insurance by celebrities which has led to the untimely and unavoidable deaths of several prominent entertainers in the music and movie industries, the first Nigerian Entertainment Industry Health Insurance Convention is set to hold soon.
Updated 6 Years ago

URUMQI - Northwest China's Xinjiang Uygur autonomous region broke ground for the construction of a border trade zone Friday to boost trade between local residents and their foreign neighbors. Taxkorgan Tajik autonomous county, which hosts the project on the Pamirs Plateau in southern Xinjiang, borders Pakistan, Afghanistan and Tajikistan.
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The World Bank said it had approved 495.3 million dollars (about N80.7 billion) to boost agriculture in Northern Nigeria.This is contained in a statement issued by Mr Bamidele Oladokun, Communications Associate to the World Bank, in Abuja.
Updated 6 Years ago

There are many differing views on what makes someone an entrepreneur and what an entrepreneurial venture is. The term itself is believed to have originated from French, coined by a French economist, Jean-Baptiste Say, in about 1800, who defined an entrepreneur as “one who undertakes an enterprise , especially a contractor, acting as intermediary between capital and labour.”
Updated 6 Years ago

Israeli Prime Minister Benjamin Netanyahu said the United States should try to weaken both Iran and the Sunni Muslim insurgents driving toward Baghdad, urging the Obama administration not to work with Tehran to help stabilize Iraq. "What you're seeing in the Middle East today in Iraq and in Syria is the stark hatreds between radical Shi'ites, in this case led by Iran, and radical Sunnis led by al Qaeda and ISIS and others," Netanyahu told the NBC program "Meet the Press," referring to the group Islamic State of Iraq and the Levant.
Updated 6 Years ago

The appreciation recorded at the last trading , last week, according to market operators was due to price gains made by some capitalised firms.
Updated 6 Years ago