IBEDC Laments Loss of N130m Monthly to Illicit Meters in Osun

By Adedapo Adesanya Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) following the signing of a fresh arrangement. The agreement was signed in the presence of the Managing Director of Tata International Limited, Mr Anand Sen, by the Managing Director of Tata Africa Holdings Pty Ltd, Mr Len Brand. This move will help Tata International build on its existing relationship in the country since 2006 when it established operations in Nigeria. “As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to

By Adedapo Adesanya  The Vice President,  Mr Kashim Shettima,  has said the private sector forms an integral half of the crucial foundation that holds the Nigerian government, noting that President Bola Tinubu is committed to creating an environment that fosters entrepreneurship and innovation. This, according to him, explains why the president’s vision for Nigeria is grounded in eight priority areas, including poverty eradication, economic growth, job creation, and equitable access to capital. The Vice President spoke on Thursday while commissioning some projects, including the Ijele 93.1 FM Radio Station, Phase Two of the Sir Emeka Offor Foundation (SEOF) Touch-a-Life Housing

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 Modupe Gbadeyanka Friday, January 20, 2023, has been set aside to celebrate maverick beatmaker, Mr Michael Collins Ajereh, otherwise known as Don Jazzy, as the Black African Icon of the Month. This followed his emergence as the African Icon for January through the first Afrocentric audiovisual conversation platform, GistHouse. “We are most excited and privileged to announce Michael Collins, popular as Don Jazzy, a colossus of music in Africa, as the Afrocentric Icon for The Month of January 2023,” the founder and Gistmaster at GisthHouse, Mr Ope Banwo, said at a press conference in Omaha, Nebraska, USA. Mr Banwo

By Modupe Gbadeyanka Heritage Bank Plc recently engaged over 10,000 teens and youths across the 36 states of the federation, improving their capabilities to make sound financial decisions in order to secure their futures. This was done to commemorate 2022 Global Money Week themed Build Your Future, be Smart About Money held between March 21 and 27. It is also in alignment with the Financial Literacy Day of the Central Bank of Nigeria (CBN). One of the activities to herald this year’s GMW was the partnership with the Heart-to-Heart Foundation on building successful families by educating married couples, counselling teens

By Dipo Olowookere Shareholders of First City Monument Bank (FCMB) Plc should be expecting the get cash reward from the financial institution for the 2019 fiscal year. The board of the company dropped this hint when it updated the investing community of outcome of its meeting on Friday, March 6, 2020 in Lagos. Though the specific amount to be paid was not stated, it said the payment was still subject to the approval of the Central Bank of Nigeria (CBN), which will review the audited financial statements approved by the board at today’s meeting. During the board meeting, the group’s

By Aduragbemi Omiyale Master Ifeanyi Adeleke, son of a popular music act in Nigeria, David Adeleke, otherwise known as Davido, has drowned at their home in Banana Island, Lagos. The three-year-old boy was said to have drowned at a swimming pool in his father’s residence on Monday and was taken to a nearby hospital. It is not certain at the time of filing this report if the doctors have stabilised the boy. This has caused apprehension among fans of Davido, who some have blamed for this unfortunate incident. Davido and his partner, Chioma, welcomed Ifeanyi three years ago. Their union

By Modupe Gbadeyanka All is now set for the presentation of the 2017 appropriation bill to a joint session of the National Assembly. According to the Minister of Budget and National Planning, Mr Udoma Udo Udoma, the budget would be presented to the federal lawmakers by President Muhammadu Buhari anytime soon. Mr Udoma said the President would write a letter to the National Assembly, informing them when he would make the presentation. The Minister also said the budget has already been studied by the Federal Executive Council (FEC) and approved. “The budget has been approved by the Federal Executive Council.

By Adedapo Adesanya The Confederation of African Football (CAF) has granted Morocco the hosting rights for the 2022 CAF Champions League final on May 30. CAF through an official confirmed that, “CAF received bids from Senegal and Morocco and, after the subsequent withdrawal of the Senegalese bid, Morocco has been awarded the hosting rights.” However, the governing body did not say where in Morocco the highlight of the African club season would be played, with Agadir, Casablanca, Marrakech, Rabat and Tangiers possible venues. The decision to stage a second successive Champions League final in Morocco will upset title-holders Al Ahly

By Dipo Olowookere On Sunday, July 23, 2017, some Governors elected under the platform of the All Progressives Congress (APC) held a meeting with President Muhammadu Buhari, in London. Mr Buhari has been away in London since May 2017 for a medical vacation and has not been seen by his countrymen despite calls from Nigerians for him to address them. On May 29, he failed to speak with the citizens, but his Vice, Mr Yemi Osinbajo, who has been acting as President, did. But on Sunday, a picture with the President having lunch with the APC Governors and leaders emerged

By Dipo Olowookere The United Kingdom authorities have rejected a consignment of agricultural produce from Nigeria worth N5 million for failing to meet up with the expected requirements. Head of Inspection at the Nigerian Agricultural Quarantine Service (NAQS) in the South West Zone, Dr Moses Adewumi, made this disclosure at a news conference. He disclosed that the consignment contained bitter leaf, wrapping leaf, pumpkin leaf, waterleaf, native pear, backyard eggs, amongst others. Mr Adewumi, however, emphasised that the goods were rejected because they did not have phytosanitary certificates. Business Post reports that a phytosanitary certificate is an official document issued