Obaseki Should Forgive Oshiomhole and Return to APC—Eze

By Modupe Gbadeyanka The Programme Coordinator for Media and Policy at the Social and Economic Justice Advocacy (SEJA), Mr Jerome-Mario Utomi, has challenged the Lagos State government to lead the movement against environmental injustice. Mr Utomi, while speaking on Tuesday as a panellist at the Institute for Housing and Urban Development Studies (IHS), Erasmus University, Rotterdam, the Netherlands, also advised the government to stop being the coach and captain during environmental conversations. At the panel discussion themed “The role of multi-stakeholder engagement in achieving environmental justice, he noted engagement and collaboration have been overused by those in the position of

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 Adedapo Adesanya  The Kwara State Government has announced the signing of a Memorandum of Understanding (MoU) with IHS Nigeria for the development of a technology innovation facility in the state. In a statement released by the government’s spokesperson, Mr Rafiu Ajakaye, it was said that Mr AbdulRahman AbdulRazaq, the governor of the state, signed the MoU alongside IHS Nigeria CEO, Mr Mohamad Darwish, at a brief ceremony attended by several officials in Ilorin, Kwara State on Saturday, November 18, 2023. The project tagged Ilorin Innovation Hub is part of the state government’s efforts to stimulate and deepen the alignment

By Dipo Olowookere Chief Executive Officer of the Nigerian Sto​ck Exchange (NSE), Mr Oscar Onyema, and former Minister of Education, Dr Oby Ezekwesili, have reiterated the impo​rtance of financial literacy in lifting Nigeria and indeed Africa out of poverty. Their positions were articulated at the awards ceremony of the 2017 NSE Essay Competition for Senior Secondary Schools Students in Nigeria, held on Wednesday, November 29, 2017, at the Civic Center in Lagos. At the awards ceremony, Miss Gbenjo Olasubomi of Good Shepherd Comprehensive High School, Lagos State, emerged winner of the 2017 edition of the NSE Essay Competition after coming

By Dipo Olowookere The bearish sentiment and profit-taking witnessed at the Nigerian Exchange (NGX) Limited in the past few days continued as the domestic bourse closed lower by 0.47 per cent on Wednesday. Investors shrugged off the statement made by the spokesman to President Bola Tinubu, Mr Ajuri Ngelale, that the government would retain the current pump price of N568 per litre without returning fuel subsidy despite the landing cost and others hitting N651 per litre. This was because his media briefing at the State House on Tuesday concerning this issue left many Nigerians confused because selling below the landing

By Kester Kenn Klomegah As Russia prepares to strengthen its overall corporate economic profile during the African leaders’ summit, policy experts are questioning bilateral agreements that were signed, many of them largely remained unimplemented, at least, for the past decade with various African countries. Experts, such as Professors Vladimir Shubin and Alexandra Arkhangelskaya, Institute for African Studies in Moscow, have argued that Russia needs to be more strategic in aligning its interests, and be more proactive with instruments and mechanisms in promoting economic cooperation in order to reap the benefits of a fully-fledged partnership. “The most significant positive sign is

By Cowry Asset In the just concluded week, the Central Bank of Nigeria (CBN) injected $250 million into the interbank foreign exchange market. In the wholesale segment of the market, CBN auctioned $100 million while the Small and Medium Enterprises (SMEs) and the Invisibles segment received $85 million and $65 million respectively. However, the interbank exchange rate (NIFEX) remained unchanged at N330/$. In other segments, the Naira appreciated week-on-week (w-o-w) at the Bureau De Change and Parallel market segments by 1.36 percent and 1.35 percent to N362/$ and N365/$ respectively. It however depreciated at the Investors & Exporters Forex and

By Modupe Gbadeyanka Two lecturers in Kwara State have been apprehended by the Economic and Financial Crimes Commission (EFCC) for their alleged involvement in cybercrime. The suspects, Abdulahi Opashola and Adebisi Ademola, are employees of the Kwara State College of Health Technology, Offa, Kwara State. They were picked up by operatives of the EFCC alongside 28 other persons at different locations within Kwara State, following intelligence gathered over their alleged involvement in the offence. A statement from the anti-graft agency on Monday said items recovered from them include: cars, phones, laptops among others. Also, the EFCC said it was making

By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun, has disclosed that Federal Government has concluded contracting the services of firms which specialise in tracing assets to investigate some wealthy Nigerians and companies which have failed to pay the appropriate tax to the government. Speaking last Thursday in Lagos, the Minister said these asset tracers would monitor the income status of the companies/individuals and their lifestyle and would rely on information derived from Bank Verification Number (BVN), records of property ownership, records of foreign exchange allocation, and records of company ownership from the Corporate Affairs Commission (CAC), among others to

By Dipo Olowookere No fewer than 20 children with limb differences have been provided with prosthetic limbs and education trust funds by Stanbic IBTC Holdings Plc, a member of Standard Bank Group. The gesture was done under the firm’s signature corporate and investment initiative, ‘Together4 A Limb’. The provisions, the financial institution said, formed part of its commitment to see that every Nigerian child is given the opportunity to live a productive and fulfilled life. A 4-kilometre charity walk to raise public awareness of children without limbs or limb differences was flagged off by the Guest of Honour, the Minister

By Dipo Olowookere The Committee to Protect Journalists (CPJ) on Tuesday, January 09, 2018, called on the Nigerian authorities to immediately release and drop legal proceedings against the journalist arrested by security operatives last week at his home. Deputy Executive Director of the New York-based group, Mr Robert Mahoney, said in a statement made available to Business Post that police have no business raiding a journalist’s home and locking him up just because an officer does not like something written in the press. On January 1, 2018, security forces arrested Daniel Elombah at his home in Nnewi, Anambra State, over