Kogi Engages 450 Graduates to Boost Revenue

By Precious Olisa The federal government has threatened to stop paying salaries of unidentified workers on its payroll, saying it was determined the loopholes in the civil service. The Head of Civil Service, Mrs Folashade Yemi Esan, confirmed this development, noting that it was to tackle the prevalence of ghost workers on the government’s payroll. She said the unverified employees of the government would be fished out with the implementation of the Human Resources (HR) software designed to capture accurate data of workers. According to her, the software will be implemented by the Integrated Personnel Payroll Information System (IPPS) in

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 Modupe Gbadeyanka Mr Olasupo Olusi has been appointed by President Bola Tinubu as the new Managing Director and Chief Executive Officer of the Bank of Industry (BoI). He is to replace the former occupier of the seat, Mr Kayode Pitan, who resigned from the lending institution for small and medium-sized business owners in the country. In a statement issued by his aide on Media and Publicity, Mr Ajuri Ngelale, the President tasked the new BOI chief executive to ensure that Nigerians, who are operating all sizes of enterprises across sectors, are given fair and equitable access to much-needed support

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 Central Bank of Nigeria (CBN) has expressed dismay at campaigns allegedly being sponsored by those it called “self-centred individuals” aimed at discrediting its foreign exchange policies. The apex bank, in a statement issued by its spokesman, Mr Isaac Okorafor, on Friday, lamented that it has “observed with great concern the continued and unwarranted attack” on its policies by a group of Nigerians. According to the CBN, the real interests of these people “are anything near altruistic but rather self-serving and unpatriotic.” The statement noted that the bank finds it curious that certain interests have “remained persistent in

By Adedapo Adesanya The Lagos State Government has said its doors were still wide open to investors from China willing to tie their money to things that will improve economy of the state. Governor of Lagos State, Mr Babajide Sanwo-Olu, said this while declaring open the China Hall at the 33rd Lagos International Trade Fair 2019 taking place at Tafawa Balewa Square and themed Connecting Businesses, Creating Value. The Governor said Lagos was a large market destination in Africa and that the state could become a fashion and technology hub with the right investments, assuring that his administration would continue

By Dipo Olowookere For the second straight trading session, the Nigerian Stock Exchange (NSE) closed in the negative territory as a result of the sustained profit-taking in some blue-chip equities. From the analysis of the market performance yesterday, the 0.31 per cent decline recorded was influenced by the three of the five major sub-sectors of the exchange. The industrial goods sector depreciated by 2.72 per cent and it was followed by the consumer goods counter, which dropped 1.30 per cent and the energy space, which fell by 0.53 per cent. Dangote Cement was the heaviest price loser on Thursday, shedding

By Adedapo Adesanya There will be no Ballon d’Or winner in 2020 as the award has been cancelled for this year because of the disruption in football competitions by the coronavirus pandemic. Organisers of the prestigious Golden Ball award have always honoured the best football player on the planet since 1956. The cancellation of the 2020 edition will be the first in 64 years. The Ballon d’Or award honours the male player deemed to have performed the best over the previous year, based on voting by football journalists, club coaches and captains. The prestigious award, which has been dominated by

By Dipo Olowookere The management of Julius Berger Nigeria Plc has said it has no intention to carry out any rights issue at the moment. At an investor forum organised by the company in Lagos, the Managing Director, Mr Lars Richter, explained that the reason is mainly because of the rise in the construction firm’s shareholders equity to N35 billion. According to Vanguard, Mr Richter, who was represented at the event by the Finance Director, Mr Martin Brack, described 2018 business year as very successful and pivotal year for the company. “Julius Berger successfully overcame many of the tough challenges

By Dipo Olowookere In a bid to deepen financial inclusion in Nigeria, Clickatell has made it possible for First Bank to launch Chat Banking on WhatsApp. With this development, the lender will unlock the opportunity for millions of new consumers to experience an improved way to initiate day-to-day secure banking activities and digital product purchases from within the chat application. It will also enable First Bank customers to manage their banking needs within their WhatsApp chat with the same efficiency as USSD. Customers can add First Bank’s published WhatsApp phone number or a direct link access the First Bank’s “Verified”

By Dipo Olowookere Thursday, December 20, 2018 has been fixed for a meeting ordered by a federal high court sitting in Lagos on the sale of Continental Reinsurance Plc. Yesterday, the board of the insurance company disclosed that it has received an offer from a firm known as CRe African Investments Limited for the purchase of all its outstanding and issued shares listed on the Nigerian Stock Exchange (NSE). It was explained that CRe Investments intends to acquire the company, through a scheme of arrangement, in order to make its much needed restructuring exercise a reality. Continental Reinsurance said CRe

By Dipo Olowookere Former New Media Director to the Peoples Democratic Party (PDP), Mr Deji Adeyanju, has reportedly been arrested by security operatives. Mr Adeyanju was said to have been apprehended by the police in Abuja while trying to stage a peaceful protest to clamour for open trial for leader of a pro-Biafra group, Mr Nnamdi Kanu. Mr Kanu, a leader of the Indigenous People of Biafra (IPOB), has been in detention for several months and the Federal Government is planning a secret trial for him. Mr Adeyanju recently launched the #NoToSecretTrial for Nnamdi Kanu campaign and fixed today for