BCG Acquires Quantis to Accelerate Sustainable Transformation

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

By Adedapo Adesanya Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu. President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity. This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI). Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency

By Modupe Gbadeyanka An initiative aimed to promote the diversity of the African continent and showcase its rich cultural heritage to the rest of the world has been launched by YouTube. The social campaign, The Voices of Africa, will be used to celebrate the continent’s unique and traditional expressions through a select group of African creators. They will create and share videos on their YouTube Channels of their unique cultural heritage stories about their local traditions and practices, conversations with friends and family, and with people in their local communities. Some of the creators who are part of the campaign

By Adedapo Adesanya The federal government has projected a rise of 4.2 per cent in the country’s Gross Domestic Product (GDP) in 2022 and a decline in the inflation rate to 13 per cent. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, gave these projections at the public consultation on the Draft 2022 to 2024 Medium Term Fiscal Framework and Fiscal Strategy Paper (MTFF/FSP) on Thursday. Mrs Ahmed said the GDP projected in 2021, to close at three per cent, had been adjusted downwards to close at 2.5 per cent. “In 2022, we are expecting an uptake

In its determination and resolve to foster a new mindset among Nigerians, the Mindshift Advocacy for Development Initiative has unveiled a new blue print to get Nigerians to think differently, believe differently and to act differently, so as to generate a mindset geared towards development. The event which was attended by dignitaries and the media held Thursday, October 17, 2019, at the prestigious Benue Hall of the International Conference Centre, Abuja. In his address Mr Joko Okupe, the Founder and Board of Trustee member of the Mindshift Advocacy for Development Initiative said that “the bane of Nigeria and by extension

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange on Monday, September 28 continued its positive run into the new week as the unlisted securities market reached its highest point since the beginning of the year. At the session, the total value of equities trading on the bourse increased by 0.07 per cent or N400 million to N538.52 billion from N538.12 billion. This appreciation was boosted by a bellwether stock, FrieslandCampina WAMCO Nigeria Plc, which recorded another jump in price. The milk producer moved up further by 41 kobo or 0.3 per cent to N137.91 per share from N137.50 per

By Adedapo Adesanya Prudential Zenith Life Insurance has revealed that it has raised its authorised share capital to N5 billion, surpassing the new minimum capital requirement of N4 billion by December 31 set by the National Insurance Commission (NAICOM). The Managing Director and Chief Executive Officer of the firm, Mr Chuks Igumbor, said this in a statement on Tuesday. “We have met and exceeded the minimum requirement of December 31, 2020, recapitalisation deadline set by NAICOM. “We are positioned to meet the additional capital requirement of N8 billion well ahead of the September 30, 2021, deadline,” he was quoted as

By Dipo Olowookere The last trading session for this week at the Nigerian Exchange (NGX) Limited turned red on Friday after succumbing to profit-taking by 0.18 per cent. It was observed that investors on Customs Street offloaded some stocks for a weekend treat ahead of Valentine’s Day next Monday and this attracted the bears to the market. The most affected counters were the energy, banking and insurance, which depreciated by 0.99 per cent, 0.95 per cent and 0.49 per cent respectively as only the consumer goods and industrial goods sectors grew by 0.10 per cent and 0.03 per cent apiece.

By Dipo Olowookere President Muhammadu Buhari on Wednesday, August 24, 2016, presided over the Federal Executive Council (FEC) meeting. The meeting took place at the State House in Abuja. In attendance were members of cabinet of the President Buhari-led administration, including the Vice President, Professor Yemi Osinbajo.

By Adedapo Adesanya A bill to abolish the discrimination between holders of Higher National Diploma (HND) and Bachelor of Science (BSc) has been passed by the Senate. The landmark bill was passed on Wednesday and the president of the upper chamber of the parliament, Mr Ahmad Lawan, said this will serve as a motivation to HND holders from polytechnics and monotechnics. “This particular (HND discrimination) issue has been on the front burner for a long time. “I recall that in the House (of Representatives) between 2003 and 2007, this was one bill that was so important and it is a

By Modupe Gbadeyanka One person has been feared dead after a peaceful rally by some members of the Yoruba Nation group turned fatal during a clash with personnel of the Nigeria Police Force (NPF) in the Ojota area of Lagos State on Monday morning. The demonstrators had planned a mega rally today for a breakaway from Nigeria, but security operatives disrupted their protest, and in the process, a life was lost. According to visuals from the scene of the unfortunate incident, the police fired tear gas to disperse the crowd, but resistance from the group resulted in the casualty. This