Tag "Honeywell"

    Itanna, Honeywell’s 100-year survival vehicle, hosts first ever demo day

Itanna, Honeywell’s 100-year survival vehicle, hosts first ever demo day

Itanna, an accelerator and investment vehicle, which doubles as Honeywell Group's 100-year survival strategy, held its inaugural demo day in Lagos on Friday. The demo day, which held at  Itanna’s Enterprise Factory, Iganmu, Lagos, marked the end of its four-month innovation programme for tech-enabled, for-profit African startups. The demo day saw the first cohort, with an average age of 27, pitch their start-up [...]

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    Osinbajo: N7trn 2017 budget won’t make a huge difference

Osinbajo: N7trn 2017 budget won’t make a huge difference

Vice President Yemi Osinbajo says the proposed N7 trillion budget for 2017 will not make a huge difference in Nigeria's N90 trillion economy. Speaking on Thursday at a programme organised by Honeywell Group in Sagamu, Ogun state, Osinbajo said President Muhammadu Buhari was determined to diversify the economy. He said it is the right thing to do for Nigeria to be "properly independent [...]

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    ‘Nigeria lost N106bn to import duty waivers in 2015’

‘Nigeria lost N106bn to import duty waivers in 2015’

The senate ad hoc committee on import duty waivers, concession and grants, has revealed that the country lost N106bn to import duty waivers and concessions in 2015. The report, which was presented to the senate on Tuesday by Adamu Aliero, chairman of the committee, said government's patronage of some indigenous companies had been scaring away investors. In the report, Stallion Group/Popular foods, [...]

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    Massive job loss ‘coming in 4 weeks’

Massive job loss ‘coming in 4 weeks’

Babatunde Odunayo, pioneer CEO of Honeywell Flour Mills, says many companies in Nigeria will begin to shut down over the next four to six weeks. In an interview with CNBC Africa, Odunayo said that it was not the best time for anyone to be president of Nigeria, adding that devaluation would be harmful to industry. He said many companies planning expansion had borrowed money in [...]

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March 25, 2019USDGBPEUR
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