German Agency Partners Ogun on Vocational Training

By Adedapo Adesanya President Bola Tinubu has nominated Ms Jamila Bio Ibrahim to serve as the Minister of Youth and Mr Ayodele Olawande as the Minister of State for Youth. These nominations indicate a separation of the ministry, which used to be joined with the Ministry of Sport in the previous administration of President Muhammadu Buhari. In a statement signed by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, on Sunday, it was emphasised that the nominees would have to undergo screening at the Senate for confirmation. Upon confirmation by the Mr Godswill Akpabio-led parliament,

By Aduragbemi Omiyale The immediate past Director of Google West Africa, Ms Juliet Ehimuan, has been appointed to the board of directors of Zenith Bank Plc. Ms Ehimuan, who is also the founder and chief executive of Beyond Limits, will serve on the board of the tier-1 financial institution as a non-executive director. A statement from the lender on Tuesday disclosed that the appointment of Ms Ehimuan, which has been confirmed by the Central Bank of Nigeria (CBN), will take effect from August 29, 2023. In a statement to the Nigerian Exchange (NGX) Limited, Zenith Bank said the appointee has

By Adedapo Adesanya President Bola Tinubu has appointed Mr Zaccheus Adedeji, his Special Adviser on Revenue, as the acting Chairman of the country’s tax collection agency, the Federal Inland Revenue Service (FIRS). The announcement means he will take over from Mr Mohammed Nami, who headed the position until recently and marks a new chapter in the leadership of one of the country’s most critical revenue agencies. Mr Adedeji, who hails from Oyo State, brings a wealth of experience to his new role and will be seeking to use his knowledge in driving revenue generation and financial management as Nigeria moves

By Adedapo Adesanya The Institute of Food Technologists (IFT), a nonprofit scientific organisation committed to advancing the science of food and its application across the global food system, has announced Mr Sean Leighton as the new Board President. Mr Leighton, the global vice president of food safety, quality, and regulator at Cargill, succeeds Mr Christopher Downs at the helm of the affairs of the organisation.  A member of IFT since 1999, where he was a participant in the IFT Student Association (IFTSA) product development competition, Mr Leighton has served in several volunteer roles as a presenter, panellist, podcast thought leader,

By Dipo Olowookere Nigeria’s Chinedu Moghalu has been appointed the Senior Communications Specialist/Head, Communications & Advocacy for the Africa Risk Capacity/United Nations World Food Programme, based in Johannesburg, South Africa. In this position, Mr Moghalu will be leading efforts to ensure that the work of ARC in responding to the challenges of climate change and natural disaster risk management is strategically communicated to the Member States and the international community in a way that secures commitment and boosts resource mobilisation. Before now, the appointee, at various times, served as the Regional Head of Nigerian Export-Import Bank (NEXIM) for the Southeast

By Adedapo Adesanya The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s daily crude oil production has increased to 1.5 million barrels per day due to the successes recorded in the fight against oil theft in the Niger Delta region by the military. The Chief Executive of NUPRC, Mr Gbenga Komolafe, disclosed this in a recent trip to Port Harcourt with the Minister of Petroleum Resources, Mr Timipre Sylva, and the Chief of Defence Staff, General Leo Irabor. The trio and others were on a visit to Operation Delta Safe formations in Rivers State. Mr Komolafe commended President Muhammadu

By Aduragbemi Omiyale Governor Babajide Sanwo-Olu has reassured investors of his administration’s determination to make the aquatic city more business-friendly. Mr Sanwo-Olu gave this reassurance on Sunday when he declared the 2021 Lagos International Trade Fair held at the Tafawa Balewa Square (TBS) closed. Speaking through his deputy, Mr Obafemi Hamzat, the Governor said efforts are being made to ensure that policies of the state government will not chase away investments from the metropolis as the state aims to be Africa’s model city by 2025. Recall that the state government has been criticised in the past for formulating policies that

By Olajide Unde Insane climes, workers unions are partners in the organizations development ensuring amongst others, good working environs and welfare for members of staff. Far from antagonism or troublemaking, unionism is major to serve as a platform where workers can collectively federate their observations, opinions and suggestions and pass it through their leaders to the management which cannot because of time, situation and circumstances allow a regular convention of the management and the workers. After several of such conventions have been exhausted; strikes, sit-outs or protests are embarked upon. Note, these are legitimate tools created by law and as

By Adedapo Adesanya Unity Bank Plc and Veritas Kapital Assurance Plc have partnered to deepen financial inclusion and insurance penetration as part of efforts to reduce financial exclusion and increase access to financial services in Nigeria. The partnership will see the insurance firm provide car, home ownership, house-holder, and personal accident insurance to Nigerians under the Bancassurance scheme. This in line with the policies of the Central Bank of Nigeria (CBN) and the National Insurance Commission (NAICOM) introduced in 2018 for banks and insurance companies to go into collaboration based on referral model for Bancassurance product. Speaking at the formal

By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has lamented the low production of wheat in the country, stating that only one per cent of annual domestic wheat consumption is met by farmers. However, it said efforts would be made to bridge this huge gap and ensure that the huge amount of foreign exchange used to import the product is saved for other useful purposes. The Governor of the CBN, Mr Godwin Emefiele, said the sum of N41 billion has been set aside to share to farmers across the country through Heritage Bank under the Wheat Seed Multiplication Project.

By Adedapo Adesanya The NASD Over-the-counter (OTC) Securities Exchange recorded a 0.06 per cent appreciation on Tuesday, January 31, spurred by higher buying interests. In the session, the bourse, which admits unlisted securities, saw improvement in the prices of Niger Delta Exploration and Production (NDEP) Plc and Geo Fluids Plc. NDEP Plc gained N13.00 yesterday to sell at N200.00 per unit versus Monday’s closing price of N187.00 per unit, while Geo-Fluids grew by 6 Kobo to settle at N1.04 per share compared with the previous day’s 98 Kobo per share. The gains reported by the duo reined in on the

By Modupe Gbadeyanka The Corporate Affairs Commission (CAC) has expressed its intention to stop the manual registration of companies and businesses in all its remaining locations nationwide. According to the agency, this is mainly to extend its online services across the country and make ease of doing business in Nigeria better. Speaking in a statement signed by the Head of Public Affairs at the CAC, Mr Godfrey Ike, the Acting Registrar General of the commission, Mrs Azuka Azinge, was quoted as explaining further that the move would further reposition CAC towards organisational excellence. Mrs Azinge, who was at a two-day