EU Deploys Election Observation Mission to Nigeria

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 Bliss Okperan The Minister of FCT, Mr Nyesom Wike, has been advised to extend an olive branch to the Governor of Rivers State, Mr Siminialayi Fubara. The Minister, who handed over the reins of Rivers State to Mr Fubara, has been at loggerheads with his successor. A few weeks ago, some lawmakers of the Rivers State House of Assembly loyal to Mr Wike attempted to impeach the Governor, but President Bola Tinubu quickly intervened and doused the tension. However, all is still not well with both parties, with the Minister granting an interview last week to accuse his ‘political

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 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 Apple Music has launched a new bi-monthly artist programme and companion playlist called Africa Rising, geared towards identifying, showcasing and elevating rising African talent. Africa Rising is Apple Music’s latest of various initiatives aimed at promoting African talent. To kick-off the innovation, Nigerian Afro-fusion singer and songwriter, Omah Lay, will be the debut artiste for the new programme. According to the service, every two months, Africa Rising will feature a music act selected by Apple Music’s editorial team on the continent who will be promoted to music fans not only in Africa but globally. The programme will

By investors Hub Asian stocks fell across the board on Tuesday as oil extended declines and U.S. bond yields rose to their highest levels in nearly four years on concerns over higher inflation and a rise in interest rates. China’s Shanghai Composite index dropped 34.81 points or 1 percent to close at 3,488.19, while Hong Kong’s Hang Seng index tumbled 359.60 points or 1.1 percent to 32,607.29. Japanese shares closed lower, with a softer lead from Wall Street, a stronger yen and mixed data releases weighing on the markets. The Nikkei 225 index fell 337.37 points or 1.4 percent to

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr Maikanti Kachalla Baru, has reinstated his desire to take the organisation to greater heights. Speaking at his maiden town hall meeting with members of staff at the NNPC Towers in Abuja on Wednesday, Karu said NNPC under his watch will continue with the previous initiatives to further grow the business and increase profitability as envisioned by the founders of the body. His words, “The NNPC is today in transition for positive reform; a transition to autonomy, profitability and growth. This transition is not only inevitable but imperative in the

By Modupe Gbadeyanka The Securities and Exchange Commission (SEC) on Thursday described as worrisome the growing amount of unclaimed dividends in the Nigerian capital market. Head of Lagos Zonal office of SEC, Mr Stephen Falomo, while speaking in Akure, Ondo State yesterday, said as at January 2018, the total amount was confirmed to be over N100 billion. According to him, this figure will continue to swell as more companies declare dividends, which will still remain uncollected by investors. “Companies would continue to declare dividends and this figure is expected to further grow. The huge figure and continuous growth of unclaimed

By Ahmed Rahma The Nigerian Air Force (NAF) has inaugurated 203 special forces (SF) and integrated combat operations (ICO) personnel to boost security operations of the country. During the inauguration of the course on Tuesday in Bauchi, Mr Idi Amin, Air Officer Commanding Ground Training Command (AOC GTC), said the training was another effort to boost the capacity of Air Force personnel. According to him, the inauguration comprised a combined inauguration ceremony of Special Forces Course 8/2021 and the Nigerian Intelligence Agency (NIA) Integrated Combat Operations Course 1/2021 in the state. Mr Amin explained that the objective of the special

By Dipo Olowookere A new report by the International Energy Agency (IEA) has found that the amount of power from solar grew by more than 50 percent, and has officially increased energy output globally at a faster rate than any other fuel. The report specifically highlights off-grid solar as a ‘dynamic’ sector set to accelerate this growth. According to the IEA, off-grid capacity in Africa and Asia is set to reach “over 3000 MW in 2022.” Chief executive of Lumos Nigeria, Yuri Tsitrinbaum, noted that, “This is the latest evidence that off-grid solar is providing the answer to growing energy

By Nwaorgu Faustinus Rivers State chapter of the All Progressives Congress (APC) has alleged that the state governor has sent a delegation to the Inspector-General of Police, Mr Ibrahim Idris, to beg for forgiveness on his behalf. The opposition party in the state claimed that the “delegation sent to Abuja by Wike to beg the IG is made up of his close hangars-on commonly referred to as his cardinals and they include Chief Ferdinand Anabraba, Desmond Akawor, Glory Emeh, Sergeant Awuse, Celestine Omehia and Austin Opara. The team is in Abuja as we write.” Rivers APC noted that this move

By Modupe Gbadeyanka A digital learning initiative is to be rolled out in Nigeria by Airtel Africa Plc in partnership with the United Nations International Children’s Emergency Fund (UNICEF). This scheme is part of the five-year $57 million agreement between UNICEF and Africa’s leading telecommunications and mobile money services provider. The aim is to connect 100,000 children to the Learning Passport, an online resource, over the next five years. With over 50 million subscribers, Nigeria is Airtel Africa’s biggest market. The Group CEO of Airtel Africa, Mr Segun Ogunsanya, while announcing this development at the Nigeria International Economic Partnership Forum