SERAP to Sue Akpabio Over Holiday Allowances to Senators

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 Aduragbemi Omiyale All is now set for the second edition of the FUZE Talent Show, an initiative of Stanbic IBTC Pension Managers, created to give youths an opportunity to showcase their brilliance in music, dance, fashion, technology, and innovation. In the inaugural season in 2022, over 7,000 entries were received, with over 2 million views garnered, with the winners announced at an electrifying grand finale and concert tagged the FUZE Festival. Building on the success of the first edition, Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, is set for the second and has asked intending participants

By Adedapo Adesanya Following President Bola Tinubu’s visit to India last week, the country’s oil company, the Nigerian National Petroleum Company (NNPC) Limited, has signed a memorandum of understanding (MoU) with Indorama Eleme Petrochemicals Limited on gas supply in a bid to promote the use of natural gas by large-scale gas utilization industries. The deal, if actualised, will allow both parties to explore and develop suitable opportunities within the remits of their interests across the hydrocarbon value chain in Nigeria. According to NNPC Group Chief Executive Officer (GCEO), Mr Mele Kyari, “NNPC Limited is on the threshold of making value

By Adedapo Adesanya President Bola Tinubu on Monday asked South African companies to consider investing in the Nigerian solid minerals development sector, promising them a conducive environment. Mr Tinubu made this call when he held talks with his South African counterpart, Mr Cyril Ramaphosa, in New York City ahead of the United Nations General Assembly (UNGA). According to a statement by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, the Nigerian leader advanced his economic development diplomatic drive for investment attraction during the engagement. He told Mr Ramaphosa that, “South African mining industries have a

By Dipo Olowookere Trading in stocks can be risky, but those who understand the market very well still make a lot of money from the ‘volatile investment.’ Knowing what equity to buy and when to sell are very key tools retail investors must be armed with or else, they will see the market as unprofitable or a scam as some people in Nigeria have insinuated because of the 2018 crisis. As the country heads to the polls next year, governance will certainly come to a close in the third quarter of next year and foreign investors will want to quickly

By Adedapo Adesanya The National Drug Law Enforcement Agency (NDLEA) on Sunday said it has intercepted no fewer than 294,440 Tramadol tablets and other illicit drugs in major operations in Delta, Bauchi, and the Murtala Muhammed International Airport, Lagos, while a total of 41 suspects were arrested in raids in Abuja and Kaduna State. The NDLEA spokesperson, Mr Femi Babafemi, said in a statement that in Delta State, one Mr Christian Onah was arrested at Isele-Azagba junction with 23,160 tablets of Swinol and 66,000 tablets of Rohypnol, both weighing 71.6kg while conveying the drugs from Benin, Edo to Onitsha, Anambra

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has rejected the conditions listed by President Muhammadu Buhari for lifting the suspension of Twitter operations in Nigeria. A statement issued on Sunday by the Deputy Director of SERAP, Mr Kolawole Oluwadare, urged the President to withdraw the clauses to allow the ECOWAS Court of Justice in Abuja to render a decision on the central issues in the case and protect the plaintiffs’ rights and interests. Mr Buhari had stated in his address to mark Nigeria’s 61st independence anniversary that the federal government would only remove the Twitter ban if

By Dipo Olowookere It was a gathering of fitness enthusiasts on Saturday, October 12,2019 at the Landmark Events Centre, Water Corporation Drive, Victoria Island, Lagos for an event tagged Verve Life 3.0. The programme, which had fun and wellness enhancing sessions despite the torrential rain, was put together by Verve International, which has continued to blaze the trail and inspire Nigerians to a lifestyle of fitness and wellness. The event was well attended by corporate executives, celebrities and individuals from all walks of life like Mike Edwards of the just concluded Big Brother Naija; Tobi Bakre of the previous Big

By Dipo Olowookere The direction of the nation’s stock market was changed from south to north on Tuesday following a renewed interest in shares in the banking and telecommunications sectors of the market. Business Post reports that shares of Airtel Africa, FBN Holdings, UBA, Sterling Bank, Cutix and others enjoyed investors’ patronage and this returned the Nigerian Exchange (NGX) Limited into the bulls’ territory by 0.49 per cent at the close of transactions. Consequently, the All-Share Index (ASI) increased by 213.86 points to 43,444.20 points from the previous day’s 43,230.34 points, while the market capitalisation expanded by N112 billion to

Close to 90 percent of applicants that apply to a job position are objectively not a match to the role advertised. This is caused less by a shortage of jobs, but a fundamental misunderstanding of job requirements, both from employers and candidates. This has been uncovered by research conducted by ROAM (Ringier One Africa Media), who is encompassing the market-leading job portals in West Africa (Jobberman) and East Africa (Brightermonday), as well as Executive Recruitment and HR Solutions firm The African Talent Company. The company has analysed data sets from more than 12 million users, as well as from more

By Aduragbemi Omiyale The Super Rewards Campaign Season 3 of Ecobank Nigeria Limited has been extended to allow for more winners, the bank’s Head of Consumer Banking, Mrs Korede Demola-Adeniyi, has announced. She said the campaign tagged Season 3.1 will reward 100 customers with cash prizes of N50,000 monthly, while four customers will go home with N1 million each at the end of the season in January 2023. The promo was extended due to the positive response from customers, noting that the management felt it was necessary to give room for others to be part of it. According to her,

By Aduragbemi Omiyale The Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has assured the federal government that the capital market would ensure it attracts investment in infrastructure to stimulate the economy. In an interview on Thursday, Mr Yuguda said the administration of President Bola Tinubu had shown the desire to jump-start the economy with his policy direction. He said the Nigerian capital market could be a viable tool to achieve infrastructure development, as it is an organised and specialised financial market that drives capital mobilisation through domestic savings and foreign capital inflows. According to him, the