Christianity, Sugar, Compulsion, Drug Trafficking & Addiction

By Nneka Okumazie Revolutions are often based on change, but the success of any revolution is not just the change of power. Africa has been running on the assumption of revolution for new power for decades but no African country has gone far with replacements of people in power across levels of government. Two of the factors that make revolutions succeed are great ideas and cooperation. There might be a cap on how great an idea is or its interval to maturity, but the greater the idea the better the chances for success of the revolution, even with minimal cooperation.

By Thando Sibanda It’s all too easy to think of startup founders as young, vigorous and touched with immortality. But the sector is full of stories of founders dying before their time. Such deaths are always tragic but can be even more so when there isn’t a clear plan in place. Without that plan, conflicts can quickly arise between the family of the deceased, investors, business partners, and other interested parties. Often, the source of this conflict is the founder being subject to a “deemed offer” or “deemed sale” clause. This clause leads to an automatic forced sale of the

By Jerome-Mario Utomi There exists a time-honoured notion among management experts that for every given task, there is always a strategy to achieve the desired results. In planning, you may have more than one strategy which could be labelled as ‘Plan-A’ and ‘Plan-B’ or even more. Chiedu Ebie, Chairman of the newly constituted Governing Board of the Niger Delta Development Commission, recently demonstrated the understanding that NDDC as an interventionist agency is not left out in clarion formulation of strategies needed for getting hold of stakeholders and converting their support to a springboard for the right vision that will set

By Jerome-Mario Utomi Taken objectively, Rev. Fr. Victor Ibude, from Agbor, Delta State, Nigeria, is a Catholic Priest ordained about 30 years ago precisely in the year 1993, who in the first instance went to the seminary with no ambition of becoming a priest but only went in thanksgiving to God for aiding him score distinction in his examination as conducted by the West African Examination Council (WAEC). He was, however, through divine arrangement and natural order of things, ordained a Priest of the Catholic Church on the aforementioned date. Essentially, by his ordination which was administered by His Lordship,

By Modupe Gbadeyanka The International Monetary Fund (IMF) has stated that Tanzania’s macroeconomic performance remains strong. The financial institution said the country’s economic growth was robust during the first half of 2016 and is projected to remain at about 7 percent this fiscal year. In its latest report, the IMF noted that inflation in the country came down below the authorities’ target of 5 percent and is expected to remain close to the target, while the external current account deficit was revised down on account of lower imports of capital goods. Nevertheless, there are risks that could adversely affect economic

By Dipo Olowookere Mr Adedapo Akinpelu has been appointed by Renaissance Capital, as its Vice President in charge of Investment Banking. Mr Akinpelu will be working in close collaboration with Renaissance Capital’s well-grounded investment banking team across the continent and wider EMEA. Renaissance Capital is a leading emerging and frontier markets investment bank. Mr Akinpelu has over eight years’ combined experience, offering investment, equity capital-raising and mergers & acquisitions advisory services to businesses. Before joining Renaissance Capital, the new Vice President had worked with QG Investment Africa Management and was responsible for the origination and execution of private equity (direct)

Leading telecommunications services provider, Airtel Nigeria, has joined the organizers of the 25Under25 Awards to honour this year’s recipients of the coveted prize for young Nigerian entrepreneurs who are under 25 years of age. The 25Under25 Entrepreneurs Awards is an annual award that recognizes, celebrates and encourages some of Nigeria’s most innovative entrepreneurs under the age of 25 across various categories with a goal of stimulating an entrepreneurial culture among youths. Speaking during the award ceremony, which held at the Terra Kulture, Victoria Island, Lagos, Charles Odii, Executive Director, SME100 Africa, organizers of the award, said “the goal of the

By Modupe Gbadeyanka Chairman and Lead Strategist of TPT International Limited, Mr Adetokunbo Modupe, has explained why his firm was involved in the recently-concluded career workshop, organised by Global Interns. According to Mrs Modupe, TPT International supported the event to upgrade participants’ skills to meet the workplace expectation of today and the future. He described this as his company’s way of giving back to the society by supporting platforms that provides mentorship and inspiration to develop a better society, in addition to promoting great talents and innovations from thought processes to idea generations and implementation. The workshop, which attracted over

By Modupe Gbadeyanka It is no doubt that technology has revolutionised the world and the COVID-19 pandemic of 2020 made many realise that it is the future. Almost every sector was grounded last year due to the global health crisis and if not for technology, there would have been more casualties. Before the crisis, there have been attempts to digitalise the world but the pandemic quickened the pace and the banking industry witnessed the use of its digital financial services. Commercial banks in Nigeria, which do not want to be left behind, introduced banking without the internet through the use

By Modupe Gbadeyanka Season two of the Orange sponsored programme, The Voice Afrique, has been launched by VoxAfrica TV. The music talent hunt show is expected to be aired every Saturday from October 14, 2017 on Voxafrica TV’s Francophone Africa and Europe platforms with replays on partnering TV channels. The second season comes after an exceptional first season, which saw more than 10 million people in Cameroon and 9 million viewers in Ivory Coast alone tuning in every Saturday, for five months. Music fans will once more discover new talents that will be competing for four months until the big

By Adedapo Adesanya Crude oil prices fell by 3 per cent, their lowest in two weeks, on Wednesday, with Brent shedding $2.45 or 3 per cent to trade at $80.60 per barrel, and the West Texas Intermediate (WTI) down by $2.41 or 3 per cent to quote at $74.05 a barrel. Investors became more concerned that recent data will prompt more aggressive interest rate increases by central banks, pressuring economic growth and fuel demand. This came as minutes from the latest US Federal Reserve meeting showed that most Fed officials agreed that the risks of high inflation remained a key

By Modupe Gbadeyanka Investors in the nation’s treasury bills market are expecting the government’s instrument worth N369.4 billion to mature this week. Business Post gathered that the T-bills are maturing at both the primary and secondary markets. The amount would be enough to offset the anticipated treasury bills to be auctioned this week by the Central Bank of Nigeria (CBN). The apex bank is expected to sell treasury bills valued at N259.97 billion to traders at the primary market. A breakdown of the expected exercise showed that the central bank will sell 91-day bills worth N7.89 billion, 1B2-day bill worth