Buhari Appoints Magnus Abe, Others to NNPC Board

By Adedapo Adesanya The Minister of Communications, Innovation, and Digital Economy, Mr Bosun Tijani, has disclosed that so far, about 550,000 applicants have indicated interest in the first phase of the government’s plan to train three million tech talents in Nigeria within two weeks of initiating the scheme. The Minister recently revealed that the training would be done in three phases, starting with the training of 30,000 persons in the next three months as dictated by the 1-10-100 model. “We are using a 1-10-100-model. We are starting with 1 per cent of our 3 million target, and that will be

By Adedapo Adesanya The Senate on Tuesday confirmed the nomination of Mr Zacch Adedeji as the Chairman of the Federal Inland Revenue Service (FIRS). Mr Adedeji, who appeared at the upper chamber for his screening today, revealed his plans to improve the nation’s revenue, referring to the dearth of information in the oil and gas sector. The FIRS boss promised that most of the leakages would be halted. According to him, the core problem in the country is that of proper data, adding that developing data upon which decisions will be made is fundamental. He explained that this would enable

By Modupe Gbadeyanka A popular talk show host, Mrs Morayo Afolabi-Brown, has been appointed as the Managing Director of TVC Entertainment (TVCe). The channel is the entertainment subsidiary of the Lagos-based broadcast media platform, TVC Communications. Mrs Afolabi-Brown is the co-anchor of the famous morning show on TVC, Your View, which has won several awards. Confirming her appointment on Thursday, she said, “I am excitingly pleased to announce my recent appointment as the Managing Director of TVCe, the Entertainment Channel of TVC Communications. “This is a new chapter in my career. I am exceedingly grateful to the board for entrusting

By Adedapo Adesanya  President Bola Tinubu has approved the appointment of 12 persons to serve in the Federal Civil Service Commission (FCSC) to be led by Mr Tunji Olaopa as Chairman. According to a statement by President Tinubu’s spokesperson, Mr Ajuri Ngelale, on Friday, the appointment of the members into the commission is subject to the confirmation of the Nigerian Senate. He said that upon confirmation, the new FCSC leadership is expected to commence work with effect from November 30, 2023, following the expiration of the tenure of the current Federal Civil Service Commission Chairman and membership on November 29,

The victory of the All Progressives Congress (APC) candidate in the just concluded Lagos State governorship election, Mr Babajide Sanwo-Olu, has sent a great excitement into the camp of the Independent Campaign Group (ICG), United Kingdom chapter. A statement from the coordinator, Mr Ibrahim Yusuf, described the election of Mr Sanwo-Olu as the new height of trust in strengthening the bond between the APC and the people of the metropolis. “I am highly excited about the election of Mr Sanwo-Olu. We told Lagosians about what they stand to gain having him as the governor of Lagos state and they believed

Destiny Ugorji A strategy-focused organisation, Development Measures has concluded plans to hold a 3-day Strategy Development and Management for Results Workshop for Development professions in Nigeria. Monitoring and Evaluation expert and President, Development Measures, Nigeria, Emmanuel Uche, who disclosed this to newsmen in Abuja, Monday, said the organization is: “delivering this Strategy, Monitoring and Evaluation Training as part of its Institutional strengthening Capacity building series.” “This particular diet is targeted at Development Measure’s partner organisations that are essentially of the organized non-state actors to improve their operational capacity, programme impact and sustainability.” According to him, the training series, targeting organized

The informal sector is a major source of economic growth and productivity globally. According to both the World Bank and the International Labour Organisation (ILO) statistics, more than 2 billion people representing 61% of the world’s employed population work in the informal sector. Of the number, 93% are reportedly in emerging and developing countries. Around 86% of employment in Sub-Saharan Africa is in the informal sector, while 80% of household retail distribution is said to be delivered via informal retailers. Nigeria is reputed to have a huge informal sector that makes up 50% of the country’s Gross Domestic Product (GDP)

By Adedapo Adesanya The Brent crude oil reached the $70 a barrel threshold on Tuesday after the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) forecast a tightening global market ahead of a production policy meeting. The crude benchmark, which major countries, including Nigeria, price their crude, rose by 73 cents or 1.34 per cent to $70.25 per barrel while the US West Texas Intermediate (WTI) crude went up by 15 cents or 0.22 per cent to $67.87 per barrel. OPEC+ officials had a virtual meeting on Tuesday and reaffirmed their current plans to gradually increase production in

By Dipo Olowookere Senior Pastor of Champions Royal Assembly, Kubwa, Abuja, Prophet Joshua Iginla, has disclosed that it is better having a fake prophet than a false teacher. In a message to his members and Nigerians, Mr Iginla explained that a false prophet can only mislead an individual but a false teacher can make the world lose everything. Using some bible references, he further explained critically how a lot of the so called men of God have led their members wrong in the things of God. “Any message that says when you become born again you are free from all

By Raméz Baassiri Business plans, like all plans, can go awry when events beyond the control of the business owner disrupt the everyday routine. Such disruptions could be because of a dip in the economy, a natural disaster that creates havoc, a shift in the public’s buying habits, or new technology that can do what you do better. “Interruptions within a business are as much a part of life as breathing and blinking,” says Raméz Baassiri, author of Interrupted Entrepreneurship: Embracing Change in the Family Business (www.ramezbaassiri.com). “They are viewed by some as hiccups, challenges, or even crises.” Baassiri, a

By Dipo Olowookere The government of Canada has said it would help Nigeria South Sudan, Somalia and Yemen fight the devastating food crises in the countries. Conflicts in north eastern part of Nigeria caused by Boko Haram insurgents have left many in the region in dire need of food. Also, a devastating drought affecting Somalia has left more than 20 million people facing extreme food insecurity, with famine already declared in parts of South Sudan. Earlier this month, the United Nations appealed for humanitarian aid urgently, saying that this is the largest humanitarian crisis since the end of the Second

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) kicked off the first trading day of 2018 with the sale of N58.4 billion worth of treasury bills via the Open Market Operations (OMO). The exercise was conducted to mop up excess liquidity in the system as the CBN regularly does as the regulator of the banking industry in Nigeria. The market had resumed from the New Year break yesterday, but it was relatively quiet as traders anticipate the sale of T-bills at the primary market today. At the close of transactions on Tuesday, the apex bank sold 865 million worth