Lagos Pays N1bn Pension to 219 Retirees in September 2020

By Precious Olisa Three Nigerian women entrepreneurs have been selected among 24 finalists for the 2023 African Women Innovation and Entrepreneurship Forum (AWIEF) awards. The Nigerians are the CEO of Bridge Merchant Enterprise (Agri Entrepreneur Award), Ms Chinwendu Nweke; the CEO of Clean Technology Hub (Energy Entrepreneur Award), Ms Ifeoma Malo; and the co-founder/CEO of D-Olivette Global Enterprise, (Social Entrepreneur Award), Ms Damilola Aminat Adeyemi. Launched in 2017, the annual AWIEF Awards is an initiative to recognise, honour, and celebrate women entrepreneurs and business owners in Africa across various industry sectors for their achievements and contribution to the continent’s inclusive

By Bliss Okperan The Lagos State Waste Management Authority (LAWMA) has announced the immediate closure of the popular spare parts market, Ladipo Market, over an “unhygienic environment.” In a statement on Friday, the waste management agency said it shut down the market due to the unwholesome environmental practices by traders who refused to pay for waste services alongside the poor waste management. The Commissioner for Environment and Water Resources in Lagos, Mr Tokunbo Wahab, said the market would remain closed until the mandatory conditions of redress have been met by traders and market stakeholders. “It is imperative that markets in

By Adedapo Adesanya The federal government has declared Monday, October 2, 2023, a public holiday to celebrate Nigeria’s 63rd Independence Day, which falls on Sunday, October 1. The Minister of Interior, Mr Olubunmi Tunji-Ojo, made this known in a statement signed by the ministry’s Permanent Secretary, Mrs Oluwatoyin Akinlade, in Abuja on Thursday. Mr Olubunmi acknowledged the global socio-economic hardship, noting that Nigeria is not excluded. He, however, reasserted the government’s commitment to tackling the issues facing the country to reassure Nigerians. “It is today a known fact that difficult Socio-Economic and Security challenges are global, and Nigeria is not

By Dipo Olowookere One of the companies listed on the Nigerian Stock Exchange (NSE), Transnational Corporations of Nigeria Plc (Transcorp), on Monday released its unaudited financial results for the first half of this year, which ended on June 30, 2018. In the results obtained by Business Post, the firm recorded an impressive improvement within the last six months of its operations. Specifically, Transcorp grew its profit before tax by 164 percent, while the profit after tax appreciated by 161 percent during the period under review. Also, its revenue increased by 58.3 percent, while the Shareholders’ Fund went up 14.3 percent

By Dipo Olowookere A Court of Appeal sitting in Lagos has dismissed the appeal filed by CSP Segun Fabunmi, a former Divisional Police Officer (DPO) attached to Pen Cinema Police Station, Agege who was sentenced to 10 years imprisonment for the killing of one Mr Ademola Aderintola Daramola, during the January 9, 2012 fuel subsidy protest in Lagos. Justice Olabisi Akinlade of a Lagos State High Court had in 2015, sentenced Segun Fabunmi, to 10 years in prison for manslaughter following his arraignment and trial before the Court. The Lagos High Court Judge also found Mr Fabunmi, the dismissed Chief

By Adedapo Adesanya Following the failure of the Super Eagles of Nigeria to qualify for the 2022 FIFA World Cup, the Technical Adviser of the team, Mr Augustine Eguavoen, has stepped down with immediate effect. The NFF in a statement said it has in the meantime withdrawn the two-and-half-year contract offered to the coaches and terminated the appointment of the entire technical crew of the team with immediate effect. It was also disclosed that a new crew will be announced after a proper review to lead the new charge of reinvigorating the Super Eagles to face future challenges appropriately. “We

By Dipo Olowookere On Friday, August 4, 2017, the Naira closed for the week at the rate of N365 per Dollar at the parallel market, Business Post reports. Traders said they were impressed with the intervention of the Central Bank of Nigeria (CBN), which has, in recent times, stabilised the local currency against its foreign counterparts at the market. At the beginning of this week, the apex bank released $195 million into the foreign exchange market to meet demands of customers. At the black market, the Naira had soared to N363 to the Dollar on Wednesday, but lost N2 the

By Adedapo Adesanya Ventures Platform Foundation has announced a call for applications from Nigerian startups for Startup North-East, an incubation programme for early-stage companies building innovative tech solutions for communities hit by the crisis in North-East Nigeria. Since 2009, according to estimates from the United Nations (UN), more than two million people have been displaced from their homes due to conflict in the region, and more than seven million depend entirely on humanitarian aid to survive. Ventures Platform Foundation, which is the social impact arm of Ventures Platform Hub, launched the programme with support from the US Embassy and will

With the increasing prevalence of remote work, companies are looking for ways to make the most of their remote workforce and maximize its efficacy. As such, businesses must understand how to improve the performance of their remote teams and find effective strategies to ensure successful outcomes. 1. Effective Communication Clear and consistent employee voice needs to be included in improving the efficacy of a remote workforce. Employers should incorporate feedback from their employees, such as through hosting employee surveys or questionnaires, to get an idea of what is working, what could use some improvement, and how they can make the

By Gift Okafor Public relations (PR) is a critical component of any organization’s success. A well-executed PR strategy can help build brand awareness, increase credibility, and drive business growth. However, measuring the impact of your PR efforts can be challenging. Without proper measurement and evaluation, it is difficult to determine the ROI of your PR activities. In this blog post, we will discuss the importance of PR measurement and evaluation and how it can help you understand the impact of your efforts. Why PR Measurement and Evaluation is Important In today’s fast-paced digital world, public relations (PR) has become an

By Investors Hub Newsdesk The major US index futures are currently pointing to a modestly higher open on Friday, with stocks poised to regain ground after moving sharply lower over the two previous sessions. Traders may look to pick up stocks at relatively reduced levels following recent weakness, which reflected ongoing concerns about the outlook for the economy and interest rates. The Dow has shown a particularly steep drop so far this week, with the blue-chip index turning negative for the New Year. Tech stocks may help lead a rebound on Wall Street amid a positive reaction to quarterly results