Buhari Appoints Bichi as DSS DG, Removes Seyeifa

By Aduragbemi Omiyale Mr Andrew Ikekhua has been authorised by the National Insurance Commission (NAICOM) to become the chief executive of NEM Insurance Plc. The astute insurance professional was appointed by the underwriter to lead its affairs, but needed the approval of the regulator. In a statement signed by the group head of its legal department, Ms Olajumoke Philip-Akede, NEM Insurance said the sector’s watchdog has given its nod, noting that the appointment became effective October 1, 2023. “We wish to notify Nigerian Exchange Limited, our esteemed shareholders, and the investing public of the appointment of Mr Andrew Ikekhua as

By Adedapo Adesanya President Bola Tinubu has approved the appointment of 20 Nigerians to serve as Federal Commissioners in the National Population Commission (NPC). According to a statement signed by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, nine current Federal Commissioners were appointed to a second term in office, while the 11 others are serving their first term. The list includes Mr Emmanuel Trump Eke — Abia, Mr Clifford Zirra — Adamawa — Reappointed, Mr Chidi Christopher Ezeoke — Anambra — Reappointed, Mr Isa Audu Buratai — Borno — Reappointed, Mr Alex Ukam —

By Modupe Gbadeyanka A veteran journalist, Mr Bayo Onanuga, has been appointed as the Special Adviser to President Bola Tinubu on Information and Strategy. A statement issued on Friday by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, said Mr Tinubu also appointed Ms Delu Bulus Yakubu as his Senior Special Assistant on Humanitarian Affairs and Poverty Alleviation. In the statement, the President wished his new aides “well in the discharge of their duties,” noting that their appointments were “part of efforts to prioritize effective and efficient working synergy between the Presidency and Federal Ministries.

By Modupe Gbadeyanka A leading oilfield equipment, structural steel, marine structures engineering, and fabrication company in West Africa, Dorman Long Engineering, has appointed Mr Chris Ijeli as its new Managing Director. The engineer by profession is expected to lead the organisation to its next frontier in the steel engineering and fabrication industry. With over 38 years of experience in project management and engineering, procurement, and construction (EPC) for oil and gas, manufacturing and heavy industry, he will undertake full responsibility for the leadership and development of Dorman Long’s operations across the continent. In his previous roles, Mr Ijeli successfully envisioned

By Modupe Gbadeyanka Last week, the Nigerian Stock Exchange (NSE) was slightly down by 0.06 percent with investors reacting to the Q1 2018 earnings. However, the last trading of last week, Friday, ended in green, appreciating by 0.27 percent. But it was observed that despite the positive market breadth and green close at the end of last week, market sentiment remained mixed given the even split between sector gainers and losers. This sentiment is expected to persist today even as the last batch of Q1 2018 earnings roll in and investor react to them. C&I Leasing has gained 38 percent

By Investors Hub Asian stocks ended broadly higher on Thursday as rallying oil prices helped lift energy stocks and U.S. President Donald Trump said he would announce the site for a summit with North Korean leader Kim Jong Un within three days. China’s Shanghai Composite Index rose 16.02 points or 0.5 percent to 3,175.17 after official data showed the country’s consumer price inflation eased to a three-month low in April on weak food price growth, while producer price inflation increased for the first time in seven months on commodity prices. Hong Kong’s Hang Seng Index advanced 273.08 points or 0.9

By Modupe Gbadeyanka Dr Muheeba Farida Dankaka has been elected as the new president of Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA). She takes over from Dr Abdul-Alimi Bello, whose tenure has come to an end. Dr Bello was the president of KADCCIMA from 2012. The new president will steer the affairs of the body for the next two years. Before her election, she was the 2nd Deputy President of the chamber. Dr Dankaka is a well-known business woman in the construction industry and consumer products. She was elected at the combined 41st and 42nd Annual General Meeting

By Adedapo Adesanya The price of the Brent Crude oil saw a 1.38% increase or 86 Cents to peak at $63.33 at the global oil market on Monday, July 22, 2019. The West Texas International (WTI) crude oil recorded a 46 Cents or 0.82% change to rise to $56.22 per barrel on the market. As oil prices have been yanked higher and lower depending on shifting sentiment between U.S. and Iran as well as from the U.S.-China trade negotiations. In recent week, with the rising geopolitical tension in the Middle East and the prospect of an easing of tensions between

By Adedapo Adesanya After a heart condition cut down his career, Brighton and Hove Albion Football Club has announced that Enock Mwepu will take up the role of an under-9s coach in its academy from 2023. The Zambian was forced to retire in October because of a hereditary heart condition at just 24 after it was discovered he had a hereditary heart condition, and after a period away from the game to assess his options, he has decided to return to the club in a different role. Speaking on this, the men’s first-team head coach Mr Roberto De Zerbi, said,

It is a settled principle of law that parties are bound by the terms of their contract. In a nutshell, the terms of contract are those specific obligations that make up the agreement between all the parties to it. They are also referred to as the duties and responsibilities of the parties to the contract. The moment a contract is signed, sealed and delivered, all the parties to it are strictly bound to its terms. No part of the contract can be altered or varied except as provided for under the contract itself. Types The terms of a contract are

By Adeniyi Ogunfowoke Launching a startup is one thing; accelerating growth and expanding it is an entirely different challenge. While patience is certainly a virtue, it’s not necessarily the best skill for entrepreneurs to adopt. Instead, the focus should be on rapid growth, return on investment and long-term success. How do you accelerate or boost the growth of your business? The following tips offer some insights. Monetize early Monetization may be the most important aspect for all startups. Many founders battle with the idea of whether to build an audience or monetize first. Don’t hesitate to monetize as early as

By Dipo Olowookere Last Thursday will remain indelible in the memory of guests at the official launch of Alpher, the women banking proposition of Union Bank of Nigeria Plc, a financial institution that is reputed for class and quality service delivery in the sector.   For those who attended the event, it was an evening of glamour, style, inspiration and networking as women (and men) from all walks of life converged at the Federal Palace Hotel in Victoria Island, Lagos to grace the occasion. Some of them were Beatrice Hamza Bassey, Board Chair Union Bank; Onyeche Tifase, Chief Executive Officer