I Remain Accord Party Leader in South West—Doyin Okupe

By Adedapo Adesanya The Nigerian Maritime Administration and Safety Agency (NIMASA) has been chosen as the best federal government agency in Digital Transformation. This recognition came from the Presidency through the Bureau of Public Service Reforms (BPSR). In a statement, it was disclosed that the Director-General of the maritime regulator, Mr Bashir Jamoh, has been nominated to receive the distinguished GovTech Trailblazers Award for his exemplary leadership. The BPSR explained that the nominees were picked from a nationwide nomination and online voting process initiated by the bureau, as well as a detailed analysis of the performance of all government MDAs

By Adedapo Adesanya An initiative to boost youth employment and shore up Nigeria’s foreign exchange (FX) earnings has been introduced by the Nigerian government. The scheme, the National Talent Export Programme (NATEP), was unveiled over the weekend at the Microsoft Office in New York, United States of America by the Minister of Industry, Trade and Investment, Mrs Doris Uzoka-Anite. She said the programme would position Nigeria as an export hub for talent outsourcing in Africa following the example of India, Bangladesh, Mexico and The Philippines. Mrs Uzoka-Anite noted that NATEP is a key national initiative that will serve as a

By Aduragbemi Omiyale The Vice President, Mr Kashim Shettima, has charged the National Assembly to continue to cooperate with the executive arm of government, noting that governance is a collective responsibility and not a personal endeavour. He said this at the retreat for the leadership of the 10th National Assembly last Friday at the Four Points by Sheraton, Ikot Ekpene, Akwa Ibom State. Mr Shettima said the administration of President Ahmed Tinubu was committed to safeguarding Nigeria’s democracy and maintaining the fraternal bond between the two arms of government. He described the composition of the federal government as well as

By Bliss Okperan The early morning fire that gutted a part of the Supreme Court complex in Abuja has been blamed on an electrical malfunction. The Director of Information of the apex court, Mr Festus Akande, said this on Monday morning when he appeared on Arise Television’s breakfast programme, The Morning Show. According to him, preliminary investigation showed that the fire was triggered by an electrical fault, playing down rumours that the Supreme Court was attacked by arsonists. Attention is on the apex court over the outcome of the presidential election held on Saturday, February 15, 2023. The Appeal Court

By Dipo Olowookere Experts in the Information and Communications Technology (ICT) sector have called for a partnership among policymakers in the government, private sector players, civil society and academic researchers to ensure that Nigeria explores the ongoing digital transformation across the globe, embraces its own digital future, and augments the benefits of Artificial Intelligence (AI). This call was made at the Inaugural Digital Economy Workshop Series for Nigerian Policymakers organised by Lagos Business School (LBS) in partnership with foremost technology company, Microsoft Nigeria. Government Affair Director at Microsoft Nigeria, Rimini Makama, while speaking at the event, further expanded thoughts on

By Adedapo Adesanya As the oil market continues its recovery amid drop in demand recently, Nigeria’s oil futures, Brass River and Qua Iboe, recorded gains on Wednesday. Brass River, a sweet medium light crude, gained 99 cents equivalent to 1.68 percent to trade at $59.87 per barrel, while the Qua Iboe, a light sweet crude grade, also gained 99 cents or 1.68 percent to trade at $59.87 per barrel. Both crude futures had previously faced declines as a result of the coronavirus disease, affecting demand, they but took a different turn yesterday. This was largely because data showed new coronavirus

By Modupe Gbadeyanka Lenovo Group has announced results for its first fiscal quarter ended June 30, 2018. For the second straight quarter, Lenovo achieved strong double-digit growth in revenue year-on-year. Group revenue reached $11.91 billion, up 19% year-on-year. The company also reported strong pre-tax income during the quarter of $113 million, an improvement of $182 million year-on-year, as profitability improved across all businesses. In the first fiscal quarter, Lenovo’s profit attributable to equity holders grew to $77 million, up $149 million year-over-year. Basic earnings per share in the first fiscal quarter was 0.65 US cents or 5.10 HK cents. “As

By Kestér Kenn Klomegâh This insightful interview offers an understanding of the current relations between South Africa and Russia and BRICS. It focuses on bilateral economic cooperation between South Africa and Russia and some aspects of the BRICS. With an estimated 58 million population, South Africa is the 25th largest country in the world. It has friendly relations dating from the Soviet times and now with the Russian Federation. It joined BRICS, an organisation of five emerging economies, in December 2010 in line with the country’s foreign policy to strengthen South-South relations. Ambassador Extraordinary and Plenipotentiary of the Republic of

By Adedapo Adesanya  The International Monetary Fund (IMF) has warned that the global economy will likely suffer a severe recession worse than that of the 2008 global financial crisis in 2020. During a phone call of G20 finance ministers and central bank governors on Monday, Managing Director of the IMF, Mrs Kristalina Georgieva, said this recession would be caused by the coronavirus pandemic. She said the global economy will feel the impact heavily but stated that world economic output should recover in 2021 due to efforts by central banks to ease monetary policy. “First, the outlook for global growth: for

By Dipo Olowookere It was another bearish week for investors at the National Association of Securities Dealers (NASD) Plc. Business Post reports that at the close of business transactions on the floor of the trading platform yesterday, its benchmark index, the Unlisted Securities Index (USI), went down by 1.13 percent week-on-week. Specifically, the NASD USI, which closed at 659.16 points last Friday, finished this Friday at 651.69 points. Also, the total market capitalization depreciated to N441.02 billion yesterday from N446.07 billion last week. On the gainers’ table this week is Friesland Campina Wamco Nigeria Plc, which closed at N141 per

By Modupe Gbadeyanka A member of the House of Representatives, Mr Shina Peller, has been allegedly detained by operatives of the Lagos Command of the Nigeria Police Force. The federal lawmaker was said to have been arrested in Lagos some hours ago after he went to bail out some of his customers who were arrested by police at his popular Quilox Club on Ozumba Mbadiwe Avenue, Victoria Island, during a show. According to a statement issued by a spokesman of the legislator, Mr Kola Popoola, the police, after the lawmaker visited the Maroko Police Station to bail his ‘people’, pounced

By Modupe Gbadeyanka Results of the 2017 Cowbellpedia examination have been released by organisers of the reputable quiz competition for secondary schools in Nigeria. The examination was written some weeks ago with results expected to be released today, Thursday, June 1, 2017. Before now, there had been high expectations from students, teachers and parents. Candidates are expected to check their result via http://www.cowbellpedia.ng and then click View 2017 Results on the portal. They can alternatively go directly through this link http://www.cowbellpedia.ng/#/result/top3 Organisers of the competition have urged candidates to “note that this is the first batch of the 2017 Cowbellpedia