business – Page 7 – Sanggraloka Wisata Nusantara

Shiseido Revamps China and Travel Retail Operations: Major Restructuring Announced

by admin | Apr 2, 2025 | business, commerce, investing business news, investing company news, news

This is anticipated to assist the brand in serving Chinese consumers more effectively.

Shiseido
Has introduced alterations to its organizational and leadership framework for its operations in China and travel retail sector, as part of their “Action Plan 2025-2026.”

The firm intends to reinforce the brand base, restore profit margins, and improve operational management to foster enduring expansion amidst fluctuating market environments.

The new structure will help Shiseido better serve Chinese consumers, improve business synergies, and focus on high-quality growth and cost efficiency. These changes are designed to ensure long-term profitability and agility in response to market fluctuations.

As of March 31st, Toshinobu Umetsu, who is presently serving as the corporate executive officer and CEO for the China region, will additionally take on the role of corporate executive officer and CEO for both the China and Travel Retail regions.

Philippe Lesné, who currently serves as the CEO of the Travel Retail Region, will be retiring effective from March 31st.

Industry Leaders Unite: Top Risk Management Strategies Revealed

by admin | Apr 2, 2025 | business, business & finance, investing business news, investing news, news

In April, Kreston Pedaborisk will hold a breakfast seminar to explore how Enterprise Risk Management can enhance business resilience amidst economic and regulatory instabilities, as stated by the company on Monday.

The seminar titled “Enhancing Corporate Resilience: Incorporating Enterprise Risk Management for Long-term Development” will gather regulators, industry specialists, and corporate leaders for stability discussions.

Nosa Ogebebor, a partner at Kreston Pedabo, stressed the importance of companies transitioning from seeing Enterprise Risk Management merely as a regulatory obligation to embracing it as an integral part of their strategic planning.

He observed that although regulatory institutions like the Central Bank of Nigeria and the Securities and Exchange Commission have advocated for more robust risk management systems, numerous companies—including many small and medium-sized businesses—are still without organized methods because of scarce knowledge and experience.

Ogebebor highlighted regulatory uncertainties, economic fluctuations, and escalating cybersecurity threats as major concerns for Nigerian enterprises.

Nevertheless, he pointed out that progress in technology along with an increasing emphasis on corporate governance offer businesses the chance to enhance their risk management structures.

The consequences of inadequate or absent ERM strategies can be significant, putting companies at risk for financial setbacks, legal fines, and harm to their reputation,” he emphasized, underscoring that taking preemptive action in managing risks is much more economical than addressing them once they become crises.

He emphasized that adhering to international benchmarks like the COSO ERM Framework, ISO 31000, and guidelines from the Financial Action Task Force is crucial for Nigerian enterprises aiming to boost governance practices, draw in overseas investments, and strengthen regulatory adherence.

The seminar will include prominent speakers such as regulators and professionals from the industry, who will provide their perspectives on implementing Enterprise Risk Management in different fields.

The discussions will address how Enterprise Risk Management (ERM) contributes to business resilience, explore effective approaches in managing risks and ensuring good corporate governance, examine the influence of cybersecurity threats on ERM, and present case studies showcasing firms that have effectively incorporated ERM tactics into their operations.

Ogebebor viewed the event as a crucial step, considering the changing economic environment in Nigeria.

He observed that by gathering regulators, industry leaders, and risk management specialists, the seminar intends to promote a proactive risk culture amongst businesses in Nigeria.

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NANNM Praises Kebbi Nurses: Idris Honored for Excellence in Healthcare Delivery

by admin | Apr 1, 2025 | business, government, health, healthcare and medicine, medicine and healthcare

BIRNIN-KEBBI

— The Kebbi State chapter of the National Association of Nigerian Nurses and Midwives (NANNM) took advantage of the Sallah festivities to express gratitude towards nurses in Kebbi State for their dedicated community service.

The chairman of the association’s state branch, Comrade Kilani Abdulwaliyu, during his Eid al-Adha address mentioned that nurses and midwives in the state have dedicated themselves to serving through various healthcare facilities, providing care for millions of residents across Kebbi State.

We cannot express our gratitude sufficiently for your backing as we navigate the operations of the Association, which would not be feasible without each one of you. We extend our greetings on Eid al-Adha, wishing you spent the festival in excellent health.

Mr Kilani took the chance to praise Governor Dr Nasir Idris of Kebbi State for improving work environments for healthcare professionals, notably nurses and midwives, which has helped facilitate comprehensive and effective healthcare services throughout Kebbi State.

I want to commend Governor Idris for enhancing the compensation package for my members, but I also urge the government to include graduate nurses in this new package without delay. This inclusion will help strengthen healthcare services within the state.

The union leader encouraged his members to remain at their jobs to validate their compensation, simultaneously vowing to guarantee all of their rights are safeguarded within the organization.

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Power Outages Set for Six Counties on Wednesday — International Edition (English)

by admin | Apr 1, 2025 | business, electric power, local news, news, politics

Kenya Power has declared planned electricity outages in certain regions throughout the nation, impacting areas within six counties.

The power company outlined regions impacted in Nairobi, Kiambu, Kitui, Tharaka Nithi, Mombasa, and Kwale counties.

A public announcement released on Tuesday evening stated that interruptions would occur at various times.

between 8am and 5pm.

The electricity outage is occurring to enable system upkeep.

Nairobi

Sections of Nairobi will experience electricity outages between 9 am and 5 pm.

The regions include Githurai 45, Co-op Bank, Naivas, Kingdom Sacco, Mount Kenya, Kimbo, Mwana Mukia, Clanne Academy, Kassmatt, Fountain Junior, Kwa DO Mukinye, Army Barracks, Sukari B, Mwiki School, Kimbo Police Station, part of Mwihoko, Farmers Choice, part of Clay City, along with neighboring consumers.

Other zones include Section III of Eastleigh, portions of Yusuf Haji Road, Mega Wholesalers, the Eastleigh Equity Bank, the Huduma Centre in Eastleigh, parts of Eastleigh’s Second Avenue, sections of Eastleigh’s Third Avenue, and nearby clients.

Meanwhile, sections of Evergreen Runda, Flame Tree, Ruaka Road, Runda Meadows, Bombax Drive, and Tala Drive will experience electricity outages in Nairobi.

Kiambu

Sections of Kiambu will experience disruption in electricity supply between 9 AM and 5 PM.

The locations include Ruaka town, Slaughter Road, Kyuna Road, Gertrude, Kinuthia Drive, California, James Drive, a section of the Bypass, Delta, the Total Petrol Station, and nearby clients.

Kitui

Sections of Kitui will experience electricity outages between 9 am and 5 pm.

The locations include Kora Market, Kwa Gavana, Mivukoni, Tseikuru, Kaningo, Usueni, Mikauni, Ngungani Market, Kiambere Water Supply, and Wikithuki.

Mt Kenya region

Areas scheduled for power outages between 9 AM and 5 PM include Kiamuthanga Market, Kiamuthanga Village, Mbogo-Ini Village, Tumutumu Farm, Tumutumu Secondary School, Kiamubira Primary School, Tumutumu Hospital, Kiangoma Village, Karie Coffee Factory, Ikonju Village, Mungaria Coffee Factory, Mungaria Polytechnic, Wakamata Village, Mbari Ya Njora Village, as well as nearby clients using Safaricom and Airtel boosters.

Additional locations scheduled for power outages between 8 AM and 5 PM in the Mount Kenya area encompass Birithia Girls, Mahiga Girls, Gathtuthi Girls, Gathuthi Tea Factory, Ndugamano Market, Kagere Market, Kenyatta Mahiga High School, Gitugi Tea Factory, Ihithe Secondary, Gura Village, Hubuini Market, Mathenge Technical Training Institute, Mahiga Coffee Factory, Kina TBC, Gacami Market, Ndunyu Market, along with nearby consumers.

Tharaka Nithi

Regions within Tharaka Nithi will experience electricity outages between 8:30 AM and 4 PM.

The properties include Godka Hotel, Chuka KPLC office, Chuka Kenya Police station, and neighboring clients.

Mombasa

Sections of Mombasa will face electricity outages between 9 AM and 5 PM.

The list encompasses institutions such as the Technical University of Mombasa, Tudor Sub-County Hospital, locations like Tudor Nora, Rasini Road, areas including Tudor Kwa Mchele, Tudor Kiziwi, educational facilities such as St Joseph Catholic School, places named Tudor Mwisho, landmarks like Kaa Chonjo, residential complexes such as Nyumba ya Wazee, eateries like Kwa Amo Biriyani, recreational spots like Tudor Water Sports, along with nearby patrons.

Kwale

The areas of Kwale expected to experience power disruptions between 9 AM and 4 PM include Mshiu, Mwangwei, Majoreni, Lungalunga, Mwangulu, Mtumwa, Vanga, Horohoro, along with nearby consumers.

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Customs Reject CG Tenure Extension, Expose Report as Fraud

by admin | Apr 1, 2025 | business, customs, government, government regulations, news

The Nigeria Customs Service has stated that the reported extension of tenure for the Comptroller General of Customs, Adewale Adeniyi, is untrue.

Abdullahi Maiwada, who serves as the National Public Relations Officer for the organization, issued a statement on Tuesday stating that these reports were incorrect and deceptive.

He stated that the President has exclusive authority over the appointment and extension of terms for members of the CGC, as per the guidelines set out in the NCS Act 2023 and other pertinent rules overseeing public sector appointments.

“The National Customs Service has noticed a fraudulent statement purportedly issued by the State House concerning an extension of the term for the CGC, Adewale Adeniyi. The NCS strongly wants to clarify that this information is incorrect and deceptive,” stated Maiwada.

He emphasized again that currently, no such instruction has been passed along to the NCS by the relevant bodies.

Maiwada insisted that the leadership of the organization continues to concentrate on achieving its legal responsibilities which include promoting trade, generating income, and ensuring border safety.

As per his statement, with the oversight of the present CGC, the organization has kept pushing forward significant changes designed to “update customs procedures, boost cooperation among different agencies, and foster the country’s economic development.”

The spokesperson for the NCS requested that both the general public and all involved parties refer solely to official sources for precise details about the organization.

He stressed that any updates about assignments or term decisions will be officially conveyed via the relevant governmental bodies.

“The service values the ongoing support from stakeholders and continues to be dedicated to maintaining transparency, demonstrating professionalism, and serving the nation,” he stated.

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AY Makun Challenges Nigerian Banks Over Exorbitant Service Charges

by admin | Apr 1, 2025 | banking, business, controversies, economics, money

Well-known Nigerian entertainer and movie producer Ayo Makun, widely recognized as AY, has voiced his worries about the high service fees charged by commercial banks in Nigeria.

On his X account (previously known as Twitter), AY raised doubts about how banks can consistently report trillions of Naira in quarterly profits amidst Nigeria’s faltering economy.

He contended that certain fees levied on customers are specific to Nigeria and ought to be contested.

He questioned, “How do banks manage to report trillions in profits each quarter despite a struggling economy? We should challenge the minor charges and deductions from our accounts. These fees often have a specific presence in Nigeria. What explains this?”

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