Alleged US Terror Watchlist: Pantami Reacts

By Aduragbemi Omiyale The Oyo State government has maintained that its decision to register all commercial motorcycle and tricycle riders in the state was to promote public safety and not for any other purpose. The Commissioner for Information and Civic Orientation, Mr Dotun Oyelade, said this during a one-day sensitisation meeting with Okada and Keke riders in Ibadan. He explained that the meeting became necessary following a recent state security council meeting, noting that the exercise will help in the documentation of riders in the state. The Commissioner called for sustained cooperation between motorcycle and tricycle riders and the state

By Adedapo Adesanya Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) following the signing of a fresh arrangement. The agreement was signed in the presence of the Managing Director of Tata International Limited, Mr Anand Sen, by the Managing Director of Tata Africa Holdings Pty Ltd, Mr Len Brand. This move will help Tata International build on its existing relationship in the country since 2006 when it established operations in Nigeria. “As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to

By Adedapo Adesanya Global energy company, GE Vernova, has used a series of events during Compliance Week to emphasise the critical role of ethics and compliance in business growth and success. The week-long initiative, held across Nigeria with more than 100 attendees, involved employees, suppliers, legal experts, and customers, highlighting GE Vernova’s unwavering commitment to fostering a culture of integrity and transparency. Speaking on this, Mrs Ozim Ifeoma Ibeziako, Executive General Counsel for GE Vernova’s Gas Power business in Africa, said, “At GE Vernova, we believe that integrity is the cornerstone of any successful business. “Our Compliance Week is an

By Adedapo Adesanya Fils has launched a platform to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The new innovation paves the way for trust and safety in carbon markets, bringing together buyers with capital, and suppliers with high-integrity carbon credits, at the rate and scale required to rebalance the planet.  Designed as a holistic, enterprise-grade B2B2C product offering, Fils leverages the power of leading technologies for its end-to-end infrastructure to transform various industries, including financial services, hospitality, and e-commerce. This makes it easier for businesses to act on the core

By Adedapo Adesanya The Akwa Ibom Government has hinted that construction of the Ibom Deep Seaport will commence in 2022. This followed the approval for the development and the subsequent presentation of the state’s 2022 budgetary outlay of N582.1 billion, christened budget of redefining standards. The Governor of Akwa Ibom, Mr Udom Emmanuel, said that the facility would consolidate on the gains of his administration achievements for sustainable expansion and growth. Mr Emmanuel announced that the specific objectives of the 2022 budget include the increment of the Internally Generated Revenue (IGR) of the state by expanding and diversifying the state’s

By Adedapo Adesanya The founder of the first indigenous credit rating agency in Nigeria, Agusto & Co., Mr Bode Agusto, has passed on at 68. The chartered accountant died on Thursday. He was a chartered accountant with a tremendous practice of over 30 years, covering both the private and public sectors. Mr Agusto started the consultancy firm in 1992 after partnering with associates, Mr Fola Adeola and Mr Tayo Aderinokun to set up Guaranty Trust Bank (GTB), which has evolved into the financial institution, GTCO. Those two were the pioneer CEO and deputy CEO of the bank, while Mr Agusto

By Modupe Gbadeyanka The National Bureau of Statistics (NBS) has said the consumer price index (CPI), which measures inflation, increased in the month of May 2019 by 11.40 percent (year-on-year) from 11.37 percent recorded in April 2019, representing 0.03 percent rise. According to the stats office, increases were recorded in all COICOP divisions that yielded the headline index, while on month-on-month basis, the headline index increased by 1.11 percent in May 2019, 0.17 percent rate higher than the rate recorded in April 2019, which stood at 0.94 percent. The NBS said the percentage change in the average composite CPI for

By Modupe Gbadeyanka The federal government has introduced a yearly vehicle ownership verification fee of N1,000 for motorists across Nigeria. The fee, known as Proof of Ownership Certificate (POC), is aimed at tracking the real time status and the integrity of all vehicles registered on the National Vehicle and Identification Scheme (NVIS) database. The government said it is line with the National Road Traffic Regulation 2012 as amended, No. 101, Vol. 99; Section 73 (1), according to the Permanent Secretary of the state’s Ministry of Transportation, Mr Abdulhafiz Toriola. The Lagos State government has already keyed itself into the initiative,

By Adedapo Adesanya The Chartered Institute of Bankers of Nigeria (CIBN) has disclosed that it would confer Fellowship Awards of the institute on the President of the African Development Bank (AfDB), Mr Adewunmi Adesina, alongside 200 distinguished bankers in the industry. The Head, Marketing/Corporate Communication and External Relations, Mr Nelson Olagundoye, in a statement, said that the honour was to recognise their meritorious services, commitment to professional responsibilities and valuable contributions, particularly to the industry and the economy. He said that the gathering, to hold on October 24 in Lagos, would reflect on the theme Financial Services in a post-COVID-19

By Modupe Gbadeyanka A new research has warned that eating undercooked chicken could trigger Guillain-Barre Syndrome (GBS) commonly called paralysis. According to the study carried out by a Michigan State University research team, there is a common bacterium found in improperly cooked chicken causes GBS. The latest research now published in the Journal of Autoimmunity, demonstrates how this food-borne bacterium, known as Campylobacter jejuni, triggers GBS. “What our work has told us is that it takes a certain genetic makeup combined with a certain Campylobacter strain to cause this disease,” said Linda Mansfield, lead author and MSU College of Veterinary

By Adedapo Adesanya South African Pay-TV company, MultiChoice Group Ltd, has signed deals with Netflix Inc and Amazon.com Inc to offer their streaming services through its new decoder. The deal has been touted as a move by MultiChoice to retain subscribers. The platform has been battling greater competition from its US rivals after cheaper and faster internet speeds enabled them to grab a foothold on the continent. With the partnership, Netflix and Amazon Prime Video will in some way be accessible through the next Explora decoder model from the company. The Johannesburg-based company introduced its own streaming product called Showmax

By Dipo Olowookere Executive Director of Sahara Group, Mr Tonye Cole, has said that achieving the 2030 target for the Sustainable Development Goals (SDGs) will require strategic and continuing multi-sectoral collaboration across the globe. Officially branded ‘Transforming our world: the 2030 Agenda for Sustainable Development,’ the SDGs is a set of 17 aspirational ‘Global Goals’ with 169 targets between them. The goals include: ending poverty and hunger, improving health and education, making cities more sustainable, combating climate change, and protecting oceans and forests. The SDGs document was adopted at the UN Sustainable Development Summit September 25–27, 2015 in New York,