Abidemi Ademola Leaves Unilever Nigeria Board

By Bliss Okperan The Kogi State Governor, Mr Yahaya Bello, has ordered the immediate removal of his Special Adviser on Stakeholders Relations, Mr Anthony Ogah. A statement issued on Monday by the Secretary to the Government of the state, Ms Folashade Ayoade, confirmed this development, though it did not state the reason surrounding the sacking of the Governor’s aide. However, it was disclosed that the termination of Mr Ogah’s appointment was with effect from Sunday, September 24, 2023. He has been directed to submit all government items. “In light of this press release, Mr Anthony Ogah is instructed to promptly

By Modupe Gbadeyanka A seasoned media, entertainment, and technology leader, Mr Alex Okosi, has been appointed as the Managing Director for Google in Africa. The appointment of Mr Okosi was announced on Tuesday, September 5, 2023, in a statement issued by the renowned search engine platform. He would be expected to lead the operations of Google on the continent, which boasts nearly two billion people. Google has been operating in Africa for over a decade and has offices in Ghana, Kenya, Nigeria and South Africa. The company’s products and services are used by millions of people in Africa every day.

By Modupe Gbadeyanka The appointment of Mr Bashir Gwandu as the executive vice chairman and chief executive of the National Agency for Science and Engineering Infrastructure (NASENI) has been terminated. This action was taken by President Bola Tinubu, a statement from the president’s spokesman, Mr Ajuri Ngelale, disclosed on Friday. It was disclosed that Mr Gwandu would now be replaced by a 32-year-old innovator and technology expert, Mr Khalil Suleiman. He is expected to serve for an initial term of five years as stipulated in the NASENI Act, a part of the disclosure this evening stated. “President Bola Tinubu on

By Adedapo Adesanya President Bola Tinubu has appointed Mrs Bisoye Coker-Odusote as the acting Director-General/CEO of the National Identity Management Commission (NIMC), a role that he will later transition into full-time and serve in for the next four years. In a statement from Mr Ajuri Ngelale, the Special Adviser to the President on Media & Publicity, on Tuesday, the President directed the current occupier of the seat, Mr Aliyu Abubakr Aziz, to embark on a 90-day pre-retirement leave, with effect from Thursday, August 24, 2023. It was revealed that this leave would lead to his eventual retirement from service on

By Adedapo Adesanya Brent appreciated by 2.01 per cent or $1.72 to $87.33 per barrel on Wednesday, its highest level since late January, after the inflation rate cooled in the United States. Also, the West Texas Intermediate improved during the session by 2.1 per cent or $1.73 to trade at $83.26, its highest in five months. The US Consumer Price Index (CPI) climbed 0.1 per cent last month after advancing 0.4 per cent in February, the country’s Labour Department said. In the 12 months to March 31, the CPI increased by 5 per cent, the smallest year-on-year gain since May

By Adedapo Adesanya The Naira performed well against the US Dollar on Wednesday despite coming under pressure at the Investors and Exporters (I&E) window of the foreign exchange (FX) market. Business Post reports that the Nigerian currency appreciated by 8 kobo or 0.02 per cent during the session to N416.25/$1 in contrast to N414.33/$1 it ended at the preceding trading day. Data from the FMDQ Securities Exchange showed that the demand for forex at the market window rose by $27.61 million or 28.9 per cent as the turnover was $123.13 million compared to $95.52 million recorded the day before. However,

The management of Turkish Airlines has expressed his commitment to the wellbeing of its passengers, crew members and the entire public by prioritising safety measures to minimise the effects and spread of COVID 19. A statement issued by the airline operator said all surfaces passengers come in contact with, go through extensive cleaning processes by a dedicated special hygiene team. It further said all its planes are disinfected with substances approved by the World Health Organization (WHO) and aircraft manufacturers in line with the guidelines of both local and international civil aviation authorities. Turkish Airlines further said at the point

By Adedapo Adesanya Nigeria’s Vice President, Mr Yemi Osinbajo, has disclosed that a new health reform bill to reposition the country’s health sector for improved delivery of set objectives would be in the works soon. Speaking at the closing of the two-day Presidential Health Reform Committee Retreat in Abuja, he noted that this is pending a full committee report review and a complete policy document appraisal. “The next steps now are to finalize subcommittee reports for the review of the full committee and produce a full committee report to guide the drafting of the policy document. And then draft a

**To Return Toll Gates By Modupe Gbadeyanka Federal Government has revealed steps it hopes to take to salvage the country’s economy, which has been battling with recession for months. Minister of Finance, Mrs Kemi Adeosun, who spoke at an event in Lagos, disclosed that the FG would focus on 10 points to help Nigeria out of the economic downturn. Mrs Adeosun, who represented the Vice President, Mr Yemi Osinbajo, at the annual dinner of the Lagos Business School, noted that the 10-point roadmap would address the major problems dragging the economy backward. According to her, the Federal Government’s Fiscal Roadmap

By Adedapo Adesanya Nigerian football legend, Augustine ‘Jay Jay’ Okocha will have his childhood story retold in cartoon form as streamer Showmax’s first animated series, Jay Jay: The Chosen One. Okocha played as a midfielder and later captained the Nigerian national team, the Super Eagles, between 1993 and 2006 and led the country to Olympics glory at the 1996 Atlanta Games. The show will run for 13 episodes and follow an 11-year-old Augustine, who dreams of representing his school at a prestigious football tournament with a team made up of his rag-tag group of friends. Along with his passion for

By Modupe Gbadeyanka Minister of Budget and National Planning, Mr Udoma Udo Udoma, has said that the 2017 budget was designed to expand partnership between the public and private sectors as well as stimulate the development of capital to leverage and catalyse resources for growth. The minister made this statement at the public presentation of the 2017 budget proposal on Monday December 19, 2016 in Abuja. According to him, other key objectives of the 2017 budget include; focusing on critical on-going infrastructure projects such as roads railways, power, ICT, amongst others, which have quick and positive impacts on the economy;

By Modupe Gbadeyanka The plans by the board of eTranzact International to raise the company’s share capital by N7 billion to N9.1 billion have been overwhelmingly approved by shareholders. This decision was reached last Thursday at an Extraordinary General Meeting (EGM) held in Lagos for the purpose to obtain the shareholders’ nod. eTranzact is Africa’s premier electronic payment solutions provider, which presently has a share capital of N2.1 billion, but wants an additional N7 billion to be able to meet some obligations. During last week’s meeting, Chairman of the eTranzact, Mr Wole Abegunde, tabled the capital raise proposal to shareholders