Women Of Rubies Plans Empowerment Workshop

By Bliss Okperan The early morning fire that gutted a part of the Supreme Court complex in Abuja has been blamed on an electrical malfunction. The Director of Information of the apex court, Mr Festus Akande, said this on Monday morning when he appeared on Arise Television’s breakfast programme, The Morning Show. According to him, preliminary investigation showed that the fire was triggered by an electrical fault, playing down rumours that the Supreme Court was attacked by arsonists. Attention is on the apex court over the outcome of the presidential election held on Saturday, February 15, 2023. The Appeal Court

By Adedapo Adesanya The Nigeria Labour Congress (NLC) is set to embark on its planned strike as it said it does not have any agreement with the federal government to shelve the action. This came from its Head of Information and Public Affairs, Mr Benson Upah, who countered a statement by the Ministry of Labour and Employment. Mr Upah also said the NLC did not have any date for a meeting with the government that may lead to the suspension of the proposed strike. “We do not have any agreement with the government to suspend the planned strike action. Neither

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 Dipo Olowookere A top actor in the Nigerian film industry, Olumide Bakare, has been reported dead. He was said to have passed on in the early hours of Saturday, April 22, 2017. Mr Bakare has had a long battle with heart and lung diseases and has been in and out of the hospital in a number of times. The veteran thespian, who was aged 65, has acted in several Yoruba and English speaking flicks. He got his break in the now rested TV series, Koko Close, where he acted the role of Chief Koko. According to what we gathered,

By Dipo Olowookere An economic expert and Head of Banking and Finance Department at the Nasarawa State University, Professor Uche Uwaleke, has called for the diversification of the Nigerian capital market. Speaking in Abuja on Friday at the first Colloquium of Prof Uche Uwaleke, the university don said it was wrong to leave the local market to the mercy of foreign investors. According to him, it is improper to allow foreign portfolio investors to control and determine the success and failure of the market. To stop this, Prof Uwaleke said, “We need to diversify capital market. If the big companies

By Dipo Olowookere Chairman of Fidelity Bank Plc, Mr Ernest Ebi, has offloaded a total of 2,630,000 units of the company’s stocks at a unit price of N1.89. The transaction was carried on the Nigerian Stock Exchange (NSE) on Friday, May 29, 2020, a notice from the lender stated. However, the reason for the sale was not explained in the disclosure. The chairman offloaded the shares for the sum of N4.971 million. Mr Ebi, who received an undergraduate degree and an MBA from Howard University, is a respected businessperson, who was once the MD/CEO of New Nigeria Bank Limited. He

By Dipo Olowookere European experts will be arriving in Liberia this week to conduct a two-day training of Liberian fisheries inspectors and monitoring personnel. The capacity-building event will take place in Monrovia on 8-9 December. Representatives of the European Commission (EC), the European Fisheries Control Agency (EFCA), the Spanish Fishing Monitoring Centre (FMC), the Liberian FMC and the Bureau of National Fisheries (BNF) will participate in the training. On the request of Liberia, the workshop will focus on remote tracking of tuna vessels. Participants will reinforce their knowledge of vessel monitoring tools such as the Automatic Identification System (AIS) and

By Dipo Olowookere A popular Nigerian singer, Mr Olanrewaju Fasasi, has died. The talented music act, who shot into the limelight in the late 90s, was said to have died of throat cancer. Recall that in May 2021, an online news platform, Sahara Reporters, reported that the singer was diagnosed with throat cancer and was in the United States of America (USA) for chemotherapy. In a report on Sunday by the Punch, a family member of the singer, who released his debut single, Jagbajantis in 2000, Mr Kayode Fasasi, was said to have issued a statement to confirm the demise

By Dipo Olowookere The board of FCMB released the company’s financial statements for the year ended December 31, 2019 and from the brief analysis by Business Post, the numbers were impressive, going by the tight policies of its regulator, the Central Bank of Nigeria (CBN) in the second half of the fiscal year. According to the results, the gross earnings of the tier-two lender rose to N186.7 billion from N177.3 billion in the same period of 2018, with interest income rising to N141.3 billion from N131.7 billion and the net interest income jumping to n77.3 billion from N72.6 billion. Furthermore,

By Adedapo Adesanya Transactions on the floor of the NASD Over-the-Counter (OTC) Securities Exchange further closed bullish on Tuesday, thanks to the growth recorded by two securities. The extension of the stay of the bulls at the unlisted securities market yesterday was influenced by 11 Plc and Newrest ASL Nigeria Plc. They improved the market by 0.12 per cent at the close of business. 11 Plc, formerly known as Mobil Oil Nigeria, had delisted from the Nigerian Exchange (NGX) Limited earlier this year and joined the alternative bourse last month. Yesterday, its equity price appreciated by N15 or 6.5 per

By Modupe Gbadeyanka Nigerian Content Development and Monitoring Board (NCDMB) has praised the management of Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) over its adherence to the local content law in the execution of its projects and declared its intention to further partner with it for effective implementation of the Local Content policy in the country. Director, Monitoring & Evaluation of NCDMB, Mr Akintunde Adelana, who represented the board’s Executive Secretary, Mr Simbi Wabote, made this disclosure weekend during the DPRP Nigerian Content Sensitization/Awareness Creation Programme, titled: “Let’s Walk the Nigerian Content Talk Together,” at Lekki Free