Buhari Tasks New NBA President On Judicial Reforms

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 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 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 The federal government, through the National Biotechnology Development Agency (NABDA), has announced that farmers would be supplied the newly released Pod Borer Resistant (PBR) Cowpea (beans) for the 2021 planting season. The Director-General of the agency, Mr Abdullahi Mustapha, disclosed this during the presentation of the Open Forum for Agricultural Biotechnology (OFAB) Media Award prizes to the recipients. This follows the decision by the Varietal Release Committee, which approved the commercial release of the PBR cowpea which has been genetically modified for planting. The NABDA DG said a National Stewardship Committee has been inaugurated to monitor the

By Dipo Olowookere President Muhammadu Buhari on Saturday said Nigeria would be saving 10 billion dollars annually from the drop in the importation of petroleum products as the nation’s four refineries would soon be fully repaired. The President disclosed this in a nationwide broadcast to mark the nation’s 56th Independence Anniversary on Saturday. He frowned at the situation where half of the nation’s foreign exchange earnings were being spent on importation of petroleum and food items. Mr Buhari attributed the current socio-economic hardship being experienced in the country to inability of the previous administrations to save for the “rainy days’’.

By Modupe Gbadeyanka In keeping with its focus on delivering only the highest quality user-driven home audio-visual technology, in products that are both sleek and simplistic in design, Samsung has announced the release of the new MS750 Soundbar. “Samsung has over ten consecutive years of market leadership in home audio and video technology and we always strive to deliver more. In this case, the MS750 Soundbar supplies a crisp and immersive sound, wherever you are in your home,” says Lance Shaun Berger, Business Unit Head: TV/AV at Samsung South Africa. Making use of Samsung’s Proprietary UHQ 32bit Audio Technology and

By Quantitative Financial Analytics The asset under management of FBN Capital Asset Management has fallen dramatically over the last few months. Per data from the SEC, the AUM of the fund manager stood at N34.9 billion as at September 30, 2016. This represents a whopping 69.3% decrease from its December 2015 AUM of N81.7 billion. The reason for the decrease can be traced to the large redemptions being witnessed by the manager’s flagship fund, FBN Money Market fund. The FBN Money Market Fund, which began the year 2016 with a net asset of N72.6 billion, has seen an estimated N76

By Modupe Gbadeyanka A politician in Kogi State, Mr Ismaila Atumeyi, has been apprehended by officials of the Economic and Financial Crimes Commission (EFCC), with N326 million and $140,500 cash recovered from him. The suspect is the candidate of the New Nigeria Peoples Party (NNPP) for the Kogi State House of Assembly election in 2023. He intends to represent Ankpa 11 Constituency in the state parliament. According to the EFCC, the politician was apprehended on Sunday, October 30, 2022, alongside one Joshua Dominic, an alleged serial fraudster, in a sting operation at Macedonia Street, Queens Estate, Karsana, Gwarinpa, Abuja. Also

By Adedapo Adesanya President Muhammadu Buhari has approved the appointment of Mr Sabiu Bello Abubakar and Mr Oba Olufemi Oluniyi as deputy commissioners for the National Insurance Commission (NAICOM). The President gave the approval in a statement to the Head, Commissioner for Insurance Directorate, Mr Rasaq Abdulsalam, on Monday, July 27. In the letter, it was stated that Mr Abubakar will serve as the deputy commissioner (Technical) while Mr Oluniyi will serve as the deputy commissioner in charge of finance and administration for the insurance regulator. It further noted that both appointments are effective July 17, 2020, for an initial

By Modupe Gbadeyanka On Monday, the Oyo State Government decried the low turnout of pupils in public schools as schools resume the first term of the state’s 2022/2023 academic session. The Executive Chairman of the Oyo State Universal Basic Education Board (Oyo SUBEB), Mr Nureni Aderemi Adeniran, expressed his disappointment when he monitored some schools in Ibadan to ascertain the preparedness of teachers and pupils for the resumption of the new academic session. He appealed to parents and guardians to release their wards to resume school. He also urged parents in the rural areas not to stop their children from

By Modupe Gbadeyanka Notable public–private global health partnership organisation, Gavi, has appointed Dr Awele Vivian Elumelu as its Champion for Immunisation in Africa. According to the chief executive of Gavi, Dr Seth Berkley, the significance of Dr Elumelu’s appointment comes at a critical time for the Vaccine Alliance–the 2018 Mid-Term Review of progress towards realising its 2016-2020 mission. “We are delighted that Dr Elumelu will bring her knowledge and expertise from health and business sectors towards championing the cause of immunisation. “Her engagement will be particularly important this year, as we move towards the Mid-Term Review, where the Vaccine Alliance