Oritsejafor Holds Mentorship Class for CEOs December 28

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 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 Deputy Governor of Edo State, Mr Philip Shaibu, has announced his interest in the governorship election slated for 2024. Mr Shaibu, who fell out with former Governor Adams Oshiomhole to pitch his tenth with Governor Godwin Obaseki, declared his interest in the number one office of the state on Monday. In a televised announcement, the former student union leader said he intends to govern the state because of his desire to transform the Heartbeat of the Nation. According to him, his past records will make it easy for him to clinch the sole ticket of the

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has written to the World Bank to suspend issuing loans to Nigeria’s 36 states over allegations of mismanaging public funds which may include loans obtained from the institution. In the letter dated November 25, 2023, the group specifically wants the bank’s President, Mr Ajay Banga, “to promptly, transparently and effectively conduct an investigation into the spending of loans and other facilities by the country’s 36 state governors and to suspend any loans and funding if there is relevant admissible evidence of mismanagement or diversion of public funds by any of

By Dipo Olowookere It was an exciting moment for football fans in Uyo, Akwa Ibom State last week when Nigeria’s Super Eagles turned to the Nest of Champions to ruffle feathers with top Spanish club side, Atletico Madrid. Nigeria’s premium beer brand and the official beer partner of the Nigerian national team, Star Lager Beer, was on ground to make the match memorable at the Star Fan Park in Uyo. Thousands of excited Super Eagles fans in Uyo thronged the stadium to watch the Super Eagles take on the newly-crowned Champions of the UEFA Europa League. Designed to bring excitement,

By Modupe Gbadeyanka Comptroller-General of the Nigeria Customs Service, Mr Hameed Ali, has disclosed that his agency hopes to make at least N1 trillion to the coffers of Federal Government this year. To achieve this target, the Customs boss has charged all Customs Area Controllers (CAC) to ensure strict compliance with extant laws. According to Mr Ali, Area Controllers must either “shape in or ship out” as there was no place for complacency in a service that plays the crucial roles of revenue collection and border security. The Comptroller-General, who had a strategy meeting with the CACs, said they must

By Dipo Olowookere The local stock market returned to the positive territory on Wednesday on the back of bargain-hunting in Airtel Africa, Nigerian Exchange (NGX) Group, UAC Nigeria and others. Business Post observed that investors used the opportunity of the panic selling to mop up shares trading at low prices and this resulted in the exchange growing by 1.24 per cent in the midweek session. As a result, the All Share Index (ASI) improved by 641.77 points to 52,591.41 points from 51,949.64 points while the market capitalisation increased by N346 billion to N28.353 trillion from N28.007 trillion. The domestic bourse

By Jerome-Mario Chijioke Utomi At the same time as Delta State has in the past six to seven years recorded what analysts refer to as ‘flashes of infrastructural developments’ mostly centred on urban and rural road constructions, reconstructions and upgrades, there exists also an accompanying fear in some quarters that right now, the state is in a period of great vulnerability. This veiled challenge is predicated on a tripod of realities: For some, the state’s legislative arm, contrary to the provisions and dictates of the principle of separation of power, has ‘notoriously’ become toothless bulldogs that neither challenge the so-called

By Dipo Olowookere Teachers in Oyo State will continue to enjoy an enabling environment and incentives to encourage young talents to join the teaching profession, the Oyo State government has said. The Executive Chairman of the Oyo State Universal Basic Education Board, Dr Nureni Adeniran, who gave this assurance, said efforts are being made to ensure uninterrupted payment of their allowances. Speaking while marking the World Teachers’ Day Celebration on Monday, the Oyo SUBEB chief said the state government will also initiate benefitting training for the teachers. “Teachers are one of the most influential forces for equity, access and quality

By Adedapo Adesanya The Department of Petroleum Resources (DPR) has called for a market-based pricing approach to gas, stating that this is crucial to attaining the gas-driven economic transformation agenda of the country. The call was made by the Director of the DPR, Mr Sarki Auwalu, while speaking at the Pre-Summit Conference of the Nigerian International Petroleum Summit (NIPS) on the theme The Decade of Gas – Towards a Gas-Powered Economy on Monday in Abuja, Mr Auwalu also outlined five critical levers for gas development. This, according to him, becomes crucial as Nigeria moves to leverage its abundant gas resources

By Adedapo Adesanya  The Naira maintained stability against the United States Dollar at both the interbank and parallel segments of the foreign exchange (forex) yesterday. At the official window of the Central Bank of Nigeria (CBN), which is also the interbank segment of the market, the local currency traded flat at N306.90/$1. Similarly, the domestic currency closed flat against the greenback at the black market, trading at N360 per Dollar. It also remained unchanged against the British Pound Sterling at N475/£1 and against the Euro at N396/€1. However, it depreciated against the Dollar by 34 kobo or 0.09 percent at

By Dipo Olowookere PHD’s seventh publication “Merge|The closing gap between technology and us” explores a future where consumers will virtually and biologically join with technology through exclusive interviews with inspirational business leaders, academics and researchers. At this year’s Social Media Week scheduled to hold at the Landmark Centre, Victoria Island, Lagos, from February 26 to March 2, 2018, PHD continues its look into the future of technology and the associated implications and opportunities for marketers with the launch of its latest publication, Merge. Merge sets out how technology and human evolution has progressed since the 1950s and what the world