Connect with us

General

Diezani Finally Forfeits $37.5m Banana Island Property to FG

Published

on

Diezani Finally Forfeits $37.5m Banana Island Property to FG

By Modupe Gbadeyanka

A Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of a $37.5 million property on Banana Island, Ikoyi, Lagos, allegedly belonging to former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.

At the court on Monday, August 7, 2017, Justice Chuka Obiozor, held that the final forfeiture of the property to the Federal Government was in view of failure of any interested parties or persons to contest the interim forfeiture order as published in a national newspaper by the Economic and Financial Crimes Commission (EFCC).

The judge also ordered the permanent forfeiture of the sums of $2.7 million and N84.5 million realized as rent on the property.

The order followed an ex-parte application filed on July 17, 2017 by the EFCC.

At the last sitting on July 19, 2017, counsel to the EFCC, A.B.C. Ozioko, while moving the ex-parte application, had urged the court to order the forfeiture of the total sum of $2.7 million and N84.5 million found by the agency in Rusimpex’s Dollar account suspected to be proceeds of unlawful activities.

Ozioko had also urged the court to order an interim forfeiture of the assets and property as well as authorize the commission to appoint a competent person(s) or a firm to manage the assets/property.

Ruling on the applications, Justice Obiozor  had ordered the respondents- Dezianni, Afamefuna Nwokedi and Rusimpex Limited- to show cause within 14 days why the properties should not be forfeited to the Federal Government.

The judge had further ordered the publication of the interim order in any national newspaper for the respondents or anyone who is interested in the property to appear before the court to show cause within 14 days why the final order of the property should not be made in favour of the Federal Government.

At the resumed hearing yesterday, counsel to the EFCC argued that the failure of the second and third respondent, Nwokedi and Rusimex, to show cause, meant that “they are not willing to contest the application.”

Mrs Diezani was said to have purchased the 15-storey building, which comprises 18 flats and six penthouses, between 2011 and 2012 from the developers, YF Construction and Real Estate.

The property was allegedly acquired in the name of a shell company, Rusimpex Limited, which is managed by one Afamefuna Nwokedi, Principal Partner, Stillwaters Law Firm, Lagos.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

General

Google Unveils Startups Accelerator for African Women Founders

Published

on

African Women Founders Startups Accelerator

By Aduragbemi Omiyale

An initiative aimed at empowering and supporting women founders in Africa has been launched by Google. It is called Google for Startups Accelerator: Women Founders Africa Program.

It is an extension of the Google for Startups Accelerator Africa program established in 2017, reflecting Google’s dedication to supporting startups and addressing the unique challenges faced by women entrepreneurs in Africa.

Through the programme, African women entrepreneurs will receive resources and opportunities to scale their startups and address African problems.

Intending participants can apply via g.co/acceleratorafrica before the February 20, 2023, deadline. Eligible applicants must have a working product or service, a viable business model, and a working team. The application process includes a written application and an interview with the program team.

The 12-week program will commence in March 2023 and include one bootcamp per month, held in a hybrid style of online and in-person sessions. Selected participants will receive access to Google’s products, mentoring from industry experts, resources, tools, and technology, as well as networking opportunities and connections with investors to support the growth of their startups.

“We are excited about the open call for applications for our 3-month accelerator program, specifically tailored to address the unique challenges faced by women founders in Africa. We believe that investing in women founders in Africa is critical for economic empowerment that will enable the creation of jobs for the growing African youth population,” says Folarin Aiyegbusi, head of Startup Ecosystem, Africa at Google.

African female founders face challenges in their entrepreneurial pursuits, including limited access to funding. Despite these challenges, women make up a significant portion of African entrepreneurs, with 58 per cent of African businesses owned by women.

“Elevating the participation and leadership of women in the entrepreneurship ecosystem is crucial for promoting gender equality and driving economic growth in Africa. Investing in women-led startups is a key step towards achieving this goal, and Google’s commitment to these goals is reflected in the launch of the Google for Startups Accelerator: Women Founders Africa Program,” added Aiyegbusi.

The Women Founders will be mentored by industry experts who will guide and support the selected participants throughout the program. They will be instrumental in helping startups achieve their full potential and positively impact their communities.

Akua Nyame-Mensah, a mentor for the program, said, “It’s an honour to be a mentor in the inaugural Google for Startups Accelerator Program for Women Founders. As part of supporting the next generation of leaders in Africa, this program offers women an opportunity to grow their networks and the accountability to achieve their professional goals. The focus on mentorship will be invaluable. Participants will benefit and grow from the exchange of ideas and experiences.”

Continue Reading

General

Egbin Power Renovates Ijede Police Station

Published

on

Ijede Police Station

By Modupe Gbadeyanka

Egbin Power Plc has been commended for rehabilitating the Ijede Police Station in the Ikorodu area of Lagos State through and Sahara Foundation.

The facility was renovated to boost security in Ijede, Egbin and Ipakan communities. The project was commissioned on Thursday, January 26, 2023, with representatives from the Nigeria Police Force, Egbin Power, Sahara Foundation, and stakeholders from the communities in attendance.

“We express deep appreciation to Egbin Power and Sahara Group for this beautifully renovated project. We want to assure them that what they have done today will be properly maintained, and we extend our hands of fellowship to them and the people of these communities.

“I want to reassure them that we will continue to render better security to the communities,” the Lagos State Deputy Commissioner of Police (DCP) in charge of Administration, Mr Ewah Bassey, commented.

He further stated that the project would go a long way in boosting the morale of the officers at the station and supporting the police officers’ efforts towards promoting peace and security in the community.

While commending the firms, the Area Commander, Area ‘N’ Ijede Division, ACP S. K. Bawa, noted that the renovation project carried out by Egbin Power Plc, and Sahara Foundation was a noteworthy initiative, which would further boost security in the communities and improve the welfare of officers in the police station.

Similarly, the Obateru of Egbin Kingdom, Oba Adeoriyomi Oyebo, applauded Sahara Foundation and Egbin for enhancing security in the communities through the intervention.

“From the project we have just commissioned, I want to commend the efforts of the management of Egbin Power and Sahara Foundation. This is the kind of cooperation that exists between the organizations, the communities, and the police.

“I want to urge the police, especially at the divisional level here at Ijede, to make good use of the laudable project and make sure that the project is sustained and maintained,” the monarch said.

In his remarks, the chief executive of Egbin Power, Mr Mokhtar Bounour, explained that the company, through Sahara Foundation, has further demonstrated its commitment to sustainability by making an impact in the lives of people and adding value to communities where the organizations operate.

He disclosed that the project was part of Egbin Power’s commitment to enhancing infrastructure development, socio-economic growth, and effective policing to promote safety and security in the company’s host communities.

“This initiative is part of our strategy at Egbin Power Plc to be closer to the communities where we operate. The police are a vital part of our stakeholders in society, and we appreciate the effort and resources they apply to deliver adequate security to protect lives and property. We also know they are doing their best to keep people and property safe in our communities.

“So, through projects of this nature, we will continue to demonstrate our encouragement and support for them in discharging their duties and making a difference,” he said.

In her remarks, the Director for Governance & Sustainability at Sahara Group, Ms Ejiro Gray, said, “the intention of this initiative is to ensure that our Police officers who risk their lives every day and night to secure lives and property in our communities are able to perform their duties in a conducive atmosphere and with the right infrastructure and facilities.

“So, this is one of the ways we are contributing our quota to that agenda of promoting access to energy, a sustainable environment by transforming lives and livelihood at Sahara Foundation, Sahara Group and by extension Egbin Power Plc.

“We cannot talk about making an impact without providing adequate security of lives and property, which is a core component of the wellbeing of every society and community.”

Continue Reading

General

Effective Tips & Tricks for Attracting New Clients

Published

on

Attracting new clients

Attracting new clients is essential for the growth and success of any business. Here are 14 effective tips to help you attract new clients and boost your business:

Network, Network, Network

Networking is one of the simplest and most cost-effective ways to bring in new clients. Attend business conferences, join groups and organizations, and connect with other business owners within your industry. Building relationships and making connections with potential clients is a great way to get your name out there and generate new business.

Leverage Social Media

Social media is a powerful tool for attracting new clients. Create a strong online presence by regularly updating your profiles and engaging with your followers. Share valuable content and participate in relevant online conversations to establish yourself as an expert in your field.

Optimize Your Website

Your website is often the first impression potential clients have of your business. Make sure it is professional, easy to navigate, and optimized for search engines. Include clear calls to action and make it easy for visitors to contact you or learn more about your services.

Offer a Free Consultation or Trial

Offering a free consultation or trial is a great way to attract new clients. It gives potential clients a chance to see the value of your services without any commitment and can help them to make a more informed decision about working with you.

Use Referral Marketing

Ask satisfied clients to refer their friends and family to your business. This can be a powerful way to attract new clients, as people are more likely to trust recommendations from people they know and respect.

Leverage Email Marketing

Email marketing can be a great way to attract new clients. Create a targeted email campaign that highlights your services and offers valuable information to potential clients. Use email marketing to stay in touch with your current clients, and nurture the relationships you already have.

Host Events

Hosting events can be a great way to attract new clients. You can host a networking event, a workshop, or a launch party. Events give you the opportunity to showcase your services, connect with potential clients, and generate new business.

Get Active in Your Community

Getting active in your community can be a great way to attract new clients. Volunteer, sponsor local events, and get involved with local organizations. By showing your support for your community, you can establish yourself as a respected and trusted business leader.

Use Paid Advertising

Consider using Google AdWords or social media advertising to reach a larger audience and generate more leads.

Take Advantage of Voice API

There are several ways to use a voice API to attract new clients, such as developing voice-enabled apps or services. You can create an app or service that utilizes voice commands and natural language processing to provide a more convenient and engaging user experience. You can also use the technology to optimize your website and content for voice search, which increases visibility and attracts potential clients who are searching for your products or services using voice commands.

Offer Special Promotions

Offering special promotions and discounts can be a great way to attract new clients. Consider offering a discount on your services or a free bonus when someone signs up for your services.

Use Influencer Marketing

Influencer marketing can be a great way to attract new clients. Identify influencers in your industry and reach out to them to see if they would be willing to promote your services.

Create Valuable Content

Creating valuable content can be a great way to attract new clients. Share your expertise through blog posts, videos, and social media updates. By providing valuable information and answering your potential client’s questions, you can establish yourself as an expert in your field and attract new clients.

Analyze Your Competitors

Analyze your competitors to see what they are doing to attract new clients. See what your competitors are doing right and where they lag, which could present opportunities to gain a competitive advantage. Use that information to your advantage and improve upon it to attract new clients.

Conclusion

Attracting new clients is vital for the growth and success of any business. By implementing the tips outlined in this article, you can increase your visibility, reach new audiences, and convert potential clients into paying customers.

Continue Reading
%d bloggers like this: