Mediacraft Associates Employees Get 25% Pay Rise

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 Aduragbemi Omiyale Two new independent non-executive directors have been appointed to the board of a sector-agnostic proprietary investment company, VFD Group Plc. The firm, which publicly trades its stocks on the Nigerian Exchange (NGX) Limited, confirmed this development in a statement. The appointees joining the board comprising highly respected professionals are Ms Rashida Saleh and Ms Nneka Okekearu. The statement disclosed that the appointments became effective on Wednesday, October 25, 2023, though subject to shareholder approval at the next Annual General Meeting (AGM) of the organisation. VFD Group, which said the addition of the duo underscores its commitment to

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 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

The Nigerian Bottling Company Limited (NBC) has reiterated its commitment to product quality and integrity, pledging that this would remain the gold standard of its operations. This assurance was given by the Country General Manager of NBC, Mr Matthieu Seguin, during the company’s 2020 Stakeholders Forum held on Tuesday and themed Product Quality and Integrity: Challenges and Opportunities. The function, which held virtually, also featured key contributions from the Vice President, Quality, Safety and Environment, The Coca-Cola Company, Zoltan Syposs; Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Moji Adeyeye, and Chief Executive Officer,

By Modupe Gbadeyanka The huge demand for healthy treats and tasty frozen yoghurt flavours has made the management of Pinkberry Kafe to open new stores in Lagos. Pinkberry Gourmet Frozen Yoghurt is a franchise of Eat N’ Go Limited, the leading franchisee of Dominos Pizza and Coldstone creamery. The brand seeks to continuously upgrade its menu in a bid to delight and excite its customers while maintaining consistent, quality treats with various discounted deals at every point in time. Since the launch of Pinkberry Kafe and Pinkberry Frozen Yoghurt in Lagos, there have been calls from consumers to expand the

By Modupe Gbadeyanka Sokoto State Governor, Mr Aminu Tambuwal, has approved the release of N1.2 billion for the payment of accumulated gratuity from the year 2010 for staff of local government councils in the state. In addition, the Governor has released the sum of N662 million as outstanding allowances due to elected representatives for council chairmen and their councillors in the 23 local government areas as well as N346,747,891 as severance gratuities to former council officials. Commissioner for Local Government and Community Development, Mr Mannir Dan’Iya, who revealed this information in a statement, noted that all approved funds have been

By Dipo Olowookere A Nigerian civic company, BudgIT, has said, based on findings, it would be difficult for the federal government to get buyers for the proposed securitisation of the N22.7 trillion overdrafts of the Central Bank of Nigeria (CBN) at 9 per cent per annum coupon rate. President Muhammadu Buhari on Tuesday appealed to the National Assembly to reconsider his request to convert the ways and means into securities. The bonds, to be sold to interested investors in local denomination, would have a maturity of 40 years at a coupon rate of 9 per cent. Last week, the Senate

By Aduragbemi Omiyale Some companies operating in Nigeria paid the sum of N714.4 billion as income tax to the federal government in the second quarter of 2022. Those in the manufacturing, information and communication as well as financial and insurance sectors were the major contributors to this source of revenue for the government. According to the National Bureau of Statistics (NBS), the three industries accounted for 27.55 per cent, 24.56 per cent and 14.98 per cent respectively of the total collections in the period under consideration. It was disclosed that the N714.4 billion collected as Company Income Tax (CIT) between

By Enajite Enajero PhD His Excellency, Bola Ahmed Tinubu, President Federal Republic of Nigeria Dear Mr President, I must first congratulate you for becoming the President of Nigeria. Nigeria is faced with so many challenges. The problem facing Nigeria is not only that of reducing poverty but also that of saving a chunk of humanity by creating the capacity to coalesce the most populous Black Country into the comity of developed nations. Some might think Nigeria becoming a developed nation will not occur in the foreseeable future. The purpose of this letter is to assure the president that Nigeria could