Akpabio: Ben Bruce is a Cheap Blackmailer—Group

By Adedapo Adesanya  The Senate and the House of Representatives will on Tuesday resume plenary after weeks of vacation with expectations that they will attend to correspondences from President Bola Tinubu. The upper chamber adjourned for a six-week annual recess on August 17 after confirmating 45 out of the 48 ministerial nominees of President Tinubu. The Senate President, Mr Godswill Akpabio, also announced the composition of 74 standing committees on that day. Upon resumption, the Senate will commence its legislative duties by attending to correspondences from the President requesting the confirmation of some appointments he made. The appointments include those

By Adedapo Adesanya President Bola Tinubu has promised fresh growth and job reforms in the coming months after he removed fuel subsidies and directed the float of the Naira to unify the exchange rate. The Nigerian president made this known during his first address at the 78th United Nations General Assembly in New York, the US, after he took over the helm of office from Mr Muhammadu Buhari in May. He said, “To foster economic growth and investor confidence in Nigeria, I removed the costly and corrupt fuel subsidy while also discarding a noxious exchange rate system in my first

By Precious Olisa Three persons have been confirmed dead due to the heavy downpour that happened in Genere, Rikkos, Bauchi Road and Eto-Baba communities of Jos North Local Government. It was said that the rain lasted for two days. The Zonal Coordinator of the National Emergency Management Agency (NEMA), Mr Eugene Nyenlong, who confirmed the incident, said his agency got a distress call that three persons had died as a result of the flood that occurred. “As I speak to you, we are moving to the scene with other stakeholders to have an on-the-spot assessment of the disaster and also

By Dipo Olowookere Nigerian oil tycoon, Mr Benedict Peters, has dedicated an award he won on Monday, January 28, 2019 to all employees of his company, Aiteo Group. At the Nigeria International Petroleum Summit in Abuja, Mr Peters was awarded African Icon of the Year at the Foreign Investment Network (FIN) and Federal Ministry of Petroleum Resources Honorary Patrons Dinner and Awards Night. The award was an acknowledgement of his significant contribution to oil and gas development in Africa, his visionary leadership, distinguished service and transformational disruption of a sector dominated by International Oil Companies. The Aiteo Group’s 20 year

By Simpa Adaba The process of wealth management is like tending a beautiful garden- you need to start with good soil and a good set of tools. Just as good soil has the proper fertility to nourish a plant, having the right foundation in financial literacy should empower you to potentially cultivate a successful investment portfolio. Today, investing in mutual funds is one of the best methods to build and manage wealth. Mutual funds often referred to as either collective investment schemes, unit trusts or funds, is a financial vehicle that allows various investors pool money together. It is usually

By Adedapo Adesanya A tripartite agreement that will provide insurance to the transportation of agricultural products across the country has been signed. The deal was sealed by the Nigerian Agricultural Insurance Corporation (NAIC), the Nigeria Association of Agricultural Product Dealers (NAAPD) and the Association of Local Governments of Nigeria (ALGON). The Memorandum of Understanding (MoU) will ensure the implementation of the National Transit Insurance Scheme (NATIS) which will help shield benefiting farmers against losses that come in the event of uncertainties like accidents. The Managing Director of NAIC, Mrs Folashade Joseph, which made the disclosure, explained that agricultural products in

By Dipo Olowookere West Africa’s largest full-scale data centre provider MDXI, has attained the Gold Data Centre certification from Microsoft, thus strengthening its position as one of the leading Cloud Services providers in Africa demonstrating “best-in-class” capability to meet Microsoft’s customers’ needs. The Gold Data Centre is the highest partnership level with Microsoft in Data Centre Competencies and is the pinnacle for Cloud Productivity in Microsoft’s Partner Network program. Attaining Gold Partner status is an important step for MDXI in its drive towards supporting local companies face issues on digital transformation, particularly in relation to their data centre and computing

Results of the 2019 Cowbellpedia qualifying examination conducted nationwide on Saturday, February 9, have been released. Details of the released results showed that a total of 15 students from schools in 10 states and the Federal Capital Territory (FCT) Abuja scored perfect scores, erasing the old record of six perfect scores achieved in 2016. The qualifying exam was conducted by the National Examinational Council (NECO) in the junior and senior categories. While Anambra, Rivers, Benue and Ogun States each produced two students on the list of excellence, Edo, Akwa Ibom, Lagos, Kaduna, Abia and Osun States plus FCT Abuja had

By Modupe Gbadeyanka Minister of Budget and National Planning, Mr Udoma Udo Udoma, has disclosed that the number one priority of the Federal Government at this moment is revenue mobilization. Mr Udoma stated this on Tuesday while speaking at a Stakeholders’ Dialogue on the Implementation of the Economic Recovery and Growth Plan (ERGP) in Abuja. According to him, concerted efforts are being made to broaden the country’s non-oil revenues, leveraging the significant progress already made by the non-oil collecting agencies to strengthen and improve non-oil tax revenues. He emphasised that, “As the ERGP indicates, our revenue mobilization efforts will involve,

By Modupe Gbadeyanka Embattled Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday paid a courtesy visit to President Muhammadu Buhari. Last week, Mr Buhari reappointed the nation’s chief banker for another term of five years. The President sent a letter to the Senate on Thursday, seeking the red chamber’s confirmation of the respected banker. On Sunday, an online news platform published an audio indicating that the CBN chief was panicking about an issue. The online platform claimed what was being discussed was an alleged cover up for a N500 billion business gone bad, but the

By Modupe Gbadeyanka Guinness Nigeria, manufacturers of Guinness Foreign Extra Stout and the nation’s leading total beverage company, has announced its results for the half year ended December 31, 2016. The results, which were released via a statement to the Nigerian Stock Exchange (NSE), show that the company grew its topline by 19 percent year-on-year. Mr Peter Ndegwa, Managing Director/CEO of Guinness Nigeria Plc, while commenting on the results, said there are many bright spots for the company but that the challenging economic environment and high finance charges impacted results. “We now have both International Premium Spirits (IPS) and locally