Foluke Abdurazaq to Assist Elumelu at Transcorp

By Adedapo Adesanya President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). He also approved the redeployment of one current Executive Commissioner along with these three personnel who will take up their duties after their confirmation by the Nigerian Senate. The new executives are: Mr Bashir Indabawa — North West — Executive Commissioner, Exploration & Acreage Management Mr Kelechi Ofoegbu — South East — Executive Commissioner, Corporate Services & Administration (Redeployed) Mr Enorense Amadasu — south south — Executive Commissioner, Development & Production Mr Babajide Fasina —

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 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 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 Investors Hub The major U.S. index futures are pointing to a pointing to a roughly flat opening on Thursday, suggesting stocks may show a lack of direction in early trading. Traders may be reluctant to make significant moves as they digest the whistleblower complaint that sparked the impeachment inquiry into President Donald Trump. The document outlines concerns about Trump ?using the power of his office to solicit interference from a foreign country in the 2020 U.S. election.? After initially showing a lack of direction, stocks climbed firmly into positive territory over the course of the trading session on Wednesday.

By Modupe Gbadeyanka Commercial banks operating in the country have been accused of violating rules guiding international money transfer inflows into the country. The Central Bank of Nigeria (CBN), which made this allegation via a circular to banks, warned those involved in the unlawful act to desist from it or risk being sanctioned. In the circular titled ‘Illicit International Money Remittances Through The Banking System’, the apex bank said it “observed that some Deposit Money Banks (DMBs) are operating accounts either as companies or companies masking themselves as individuals for the purpose of illegally receiving money transfer flows into the

Airtel Top Notch smartphone

By Modupe Gbadeyanka Some notable names in the Nigerian movie industry on Monday, November 12, 2018 attended the second edition of the Accelerate Filmmaker Project. The programme was made possible as a result of the partnership between Access Bank and Africa International Film Festival (AFRIFF). Present at the event were Nollywood veterans like Mildred Okwo, Niyi Akinmolayan, Victor Sanchez Aghahowa, Gloria Young and a host of others. During the Accelerate Filmmaker Project, six short films created by seven finalists from the competition in conjunction with AFRIFF were premiered at the Genesis Cinemas in Lekki, Lagos State. The finalists got the

By Modupe Gbadeyanka Modex launches its first fully functional product alpha, bringing to the market the World’s First App Store for the Blockchain. Modex’s Smart Contract Marketplace aims to tackle the ‘last mile’ adoption problem that will bring blockchain technology into daily use for everyone, by facilitating access to multi-protocol smart contracts. The Modex Smart Contract Marketplace provides a forum for developers to showcase their skills and offer smart contract solutions to buyers and/or other developers. It provides a way for the real-world community to easily find smart contracts that meet real-world needs, without having to scout developers and manage

By Adedapo Adesanya With the ongoing pandemic affecting Rugby across the globe, the Nigeria Rugby Football Federation (NRFF) organized a leadership webinar session for Nigerian rugby players, the Black Stallions and its coaching staff to discuss the effect of the pandemic on the game and players. This was disclosed in a statement by the NRFF over the weekend. The webinar session was hosted by Mr Wilbur Kraak, a sport coaching lecturer at the Department of Sport Science, Stellenbosh University in South Africa. Mr Kraak (PhD, sport Science) has published several books on the various elements within Rugby Union and has

By Adedapo Adesanya The Nigerian Communications Commission (NCC) has said the four major mobile telecommunications operators in the country – MTN, Glo, Airtel, 9Mobile, grew their subscribers base by 0.1 per cent or 195,313 in the month of July 2021. The industry statistics report by the commission showed that the total number of subscribers in July grew to 187,470,860 from 187,275,547 in June 2021. It attributed the marginal growth to the lifting of a ban on the sale and activation of new SIM cards in April 2021 by the federal government. After months of not being able to register new

By Aduragbemi Omiyale The United Kingdom has donated 699,760 doses of AstraZeneca vaccine to Nigeria to allow the country to fight the COVID-19 pandemic. The vaccines, received on Tuesday, August 17, 2021, were given to Nigeria through the COVAX initiative, bringing the total number of COVID-19 Vaccine AstraZeneca doses delivered to the nation through COVAX or government agreements to over 4.6 million. COVAX is a global initiative co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), Gavi (the Vaccines Alliance) and the World Health Organisation (WHO), which works with governments and manufacturers to accelerate the development, production and equitable access