Finverity Repositions Brand for Next Growth Phase, Hires Adam Ryan

By Aduragbemi Omiyale An economist and public affairs analyst, Mr Tope Fasua, has been appointed by President Bola Tinubu as a Special Adviser on Economic Affairs. Mr Fasua, a former presidential candidate and consultant would work in the Office of the Vice President, he disclosed in a message on his official X platform. “So, yours truly has been appointed Special Adviser to the President on Economic Affairs in the VP’s office; just what I wanted for national impact. “We thank God Almighty and those who remembered me and insisted. For God and country,” Mr Fasua, who is also an accountant

By Modupe Gbadeyanka A firm established to help fix the global trade finance gap, Finverity, has disclosed that it is repositioning its brand and product offering for its next phase of growth. To achieve this, it has hired Mr Adam Ryan as its Chief Marketing Officer (CMO). He has been working with the leadership team at Finverity to build a brand and product suite that better reflects this purpose, as well as Finverity’s position at the leading edge of trade and SCF technology. Before now, Mr Ryan served as the CMO of Azimo, the global payments fintech, where he led

By Adedapo Adesanya The Governor of Lagos State, Mr Babajide Sanwo-Olu, has moved to end the impasse between the State Assembly and the executive arm of government as he replaced five names on a new list of commissioner-nominees. In the new list sent to the House of Assembly, Mr Sanwo-Olu replaced the names of Mrs Folashade Adefisayo, Mr Solape Hammond, Mrs Aramide Adeyoye, Mr Lekan Fatodu, and  Mr Rotimi Ogunwuyi with six new names –  Mr Afolabi Tajudeen, Mr Akinyemi Ajigbotafe, Mrs Tolani Sule-Akibu, Mr Yekini Agbaje, Mrs Iyabode Ayoola and Mrs Sola Giwa. This was disclosed by the Clerk

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 Dipo Olowookere For the second time in one week, Nigeria’s Inspector General of Police, Mr Ibrahim Idris, has failed to appear before the Senate to answer why a member of the red chamber, Mr Dino Melaye, was allegedly manhandled by security officials some days ago. At the plenary on Wednesday, the police chief was not present when it was time for him to appear for the grilling today. The Senate President, Mr Bukola Saraki, had called on the Clerk to bring in the IGP into the chamber, but minutes later, he informed his colleagues that Mr Idris was not

By Dipo Olowookere The last trading session of 2021 on the Nigerian Exchange (NGX) Limited ended on a high note with a 2.16 per cent growth on Friday, December 31. The growth recorded by Nigerian stocks was triggered by bargain hunting in Nestle Nigeria, MTN Nigeria and a few other blue-chip equities on the trading platform. This consequently raised the All-Share Index (ASI) by 903.17 points to 42,716.44 points from 41,813.27 points and pushed the market capitalisation higher by N528 billion to N21.297 trillion from N21.825 trillion. Business Post reports that Royal Exchange and Nestle Nigeria grew yesterday by 10.00

By Adedapo Adesanya The unlisted securities exchange returned to the positive territory on Wednesday, recording a 0.19 per cent lift rendered by gains in the equities of Central Securities Clearing Systems (CSCS) Plc. The company recorded a N1.18 or 7.89 per cent growth to regain a strong position after a major sell-off on Tuesday to close yesterday at N14.95 per unit as against N13.77 per unit of the previous session. This helped the NASD Securities Index (NSI) to move up by 1.39 points to 721.93 points from its previous 720.54 points and equally raised the market capitalisation by N1.02 billion

By Jerome-Mario Chijioke Utomi It is pedestrian information that the BRICS economic bloc, one of the leading global voices for more representation of the developing world and the Global South in world affairs, ended a historic three-day summit in South Africa where it addressed a large set of socioeconomic issues pertinent to the members of the group in the presence of interested foreign representatives and organizations as well as announced to the watching world that six countries are set to join the group in 2024: Iran, Saudi Arabia, the United Arab Emirates, Argentina, Egypt and Ethiopia. The summit was themed

By Modupe Gbadeyanka The trial of Chief Justice of Nigeria, Justice Walter Onnoghen, at the Code of Conduct Tribunal (CCT), has been adjourned to Tuesday, January 22, 2019. The CJN was arraigned before the Justice Umar Danladi-led CCT on charges bordering on failure to properly declare his asset to the Code of Conduct Bureau (CCB). Mr Onnoghen was represented at the tribunal on Monday, January 14, 2019 by over 70 lawyers, including 45 Senior Advocate of Nigeria (SANs) led by Mr Wole Olanipekun. Mr Olanipekun told the trial judge that the Chief Justice was not properly served as required by

By Modupe Gbadeyanka A total of 33 graduate members have undergone an online Automated Trading System (ATS) Certification Training. The ATS certification programme is conducted for those who desire to become authorized dealing clerks (stockbroker) of the exchange. The programme is an intensive training organised by the NSE for individuals who have passed the Chartered Institute of Stockbrokers (CIS) qualification examination. It is part of the mandatory, eligibility and admission procedure for any individual who wishes to become an authorized dealer. The virtual training was the first to be conducted by the NSE as a result of the restrictions placed

By Dipo Olowookere As part of efforts in achieving a 24-hour power for Lagos, Governor Akinwunmi Ambode has sought a no objection letter from the Nigerian Electricity Regulatory Commission (NERC) for the state’s Embedded Power Programme. Mr Ambode led some members of the State Executive Council, lawmakers and other critical stakeholders to a meeting at the NERC’s headquarters in Abuja on Friday for this purpose. The Government explained that the embedded power project was designed as his administration’s flagship programme for direct intervention in the power value chain. He said the proposed power programme would generate up to 3,000MW of

By Dipo Olowookere The Nigerian Stock Exchange (NSE) closed 0.27 per cent lower on Monday after investors offloaded some of their shares in the banking and industrial goods sector of the market. This resulted in the 0.38 per cent loss in the industrial goods space and the 0.24 per cent decline suffered by the banking index. The depreciation recorded by these two key counters weakened the gains printed by the insurance space (2.89 per cent), oil/gas sector (0.49 per cent) and the consumer goods index (0.23 per cent). Consequently, the All-Share Index (ASI) reduced by 67.17 points to 25,132.67 points