Moja Group Appoints Paris Anatolitis as New CEO

By Modupe Gbadeyanka President Bola Tinubu has appointed Mr Felix Omatsola Ogbe as the new Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB). A statement issued on Thursday by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, said the appointment of Mr Ogbe aligns with Sections 71(1), 72, and 73 of the Nigerian Oil and Gas Industry Content Development Act (2010). The new executive scribe of the agency will replace the former occupier of the position, Mr Simbi Wabote, who had headed the management team of the organisation since 2016. Business Post

By Modupe Gbadeyanka Four new persons have been appointed to the board of directors of a Nigerian consumer-packaged-goods company, Rite Foods Limited. A statement from the company explained that the appointments were part of a strategic move to position the business for accelerated growth and improve the organisation’s market presence as it takes giant strides into the next phase of its growth strategy. The appointees are Mr Kunle Elebute and Isa Mohammed Inuwa as Independent Non-Executive Directors, Raheem Owodeyi as a Non-Executive Director and Dr Kehinde Onijingin as an Executive Director. The new board members are expected to use their

By Precious Olisa The appointment of Mr Akutah Ukeyima as the Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC) has been approved by President Bola Tinubu. The Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, confirmed the appointment of Mr Ukeyima in a statement signed on Wednesday. Mr Ngelale said the new chief executive of the NSC was recommended for the position by the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola. He also disclosed that another recommendation was the appointment of Mr Munirudeen Oyebamiji as the Managing Director/Chief Executive Officer of the National Inland

By Dipo Olowookere On Wednesday, September 4, 2019, members of the BusinessDay CEO Apprentice programme were at the Nigerian Stock Exchange (NSE), where they had the privilege to beat the closing gong, signaling the end of transactions on the exchange. The participants of the programme were received by the Head of Shared Services Division at the NSE, Mr Bola Adeeko. The BusinessDay CEO Apprentice started in 2016. It is a summer boot-camp comprising selected teenagers groomed for various range of business practices. They are engaged in different tasks and mentored by successful business experts. After various sessions, a winning team

By Modupe Gbadeyanka Results of the 2017 Cowbellpedia examination have been released by organisers of the reputable quiz competition for secondary schools in Nigeria. The examination was written some weeks ago with results expected to be released today, Thursday, June 1, 2017. Before now, there had been high expectations from students, teachers and parents. Candidates are expected to check their result via http://www.cowbellpedia.ng and then click View 2017 Results on the portal. They can alternatively go directly through this link http://www.cowbellpedia.ng/#/result/top3 Organisers of the competition have urged candidates to “note that this is the first batch of the 2017 Cowbellpedia

By Adedapo Adesanya A grade of crude oil, Brent, rose above $79 a barrel on Friday, supported by tight supplies due to supply curbs ahead of the meeting of the Organisation of the Petroleum Exporting Countries and allies (OPEC+) on Monday. The global crude benchmark appreciated by 1.07 per cent or 85 cents yesterday to sell at $79.15 per barrel, while the US grade, West Texas Intermediate (WTI), moved up by 0.93 per cent or 70 cents to trade at $75.73 per barrel. The group is slowly unwinding record output cuts made last year, although sources say it is considering

By Adedapo Adesanya In its quest to support agricultural value chain across Africa, the African Development Bank (AfDB) has approved $300 million to the Federal Ministry of Agriculture and Rural Development to implement the Special Agro-Industrial Processing Zones (SAPZ) project in Nigeria. Expected to commence in July, the SAPZ project worth $500 million will be a collaborative effort by the bank, the Ministry, and other investors designed to concentrate agro-processing activities within areas of high agricultural potential across the country. According to the AfDB President, Mr Adewumi Adesina, through his Senior Special Adviser on Industrialisation, Mr Oyebanji Oyelaran-Oyeyinka, the agro-processing

By Dipo Olowookere Agreements have been signed by Siemens with Uganda and Sudan at the World Economic Forum 2017 in the South African city of Durban. The Memoranda of Understanding were sealed to cooperate in the areas of power supply, industry, transportation and healthcare as well focus on infrastructure investments and partnerships between public and private sectors. Siemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The documents were signed in the presence of Brigitte Zypries, German Federal Minister for Economics and Energy, Joe Kaeser, President and

By Modupe Gbadeyanka The British American Tobacco Nigeria Foundation (BATNF) has been applauded for supporting aquaculture and fish farmers in Lagos State. Recently, the Lagos State Agricultural Development Authority (LSADA) held a two-week capacity building workshop on breeding, production, processing and marketing of catfish. The annual project called Fingerlings to Fork was organised by LSADA in partnership with BATN Foundation. The project, which is in its third cycle, has supported 600 smallholder fish farmers across all zones in Lagos State and also empowered three cooperatives with 250kg smoking kiln each. Speaking at the training, the Commissioner for Agriculture in Lagos

By Modupe Gbadeyanka The sum of $210 million was pumped into the foreign exchange market on Wednesday in order to provide lifeline to the local currency. This brought about stability of the Naira at the currency market yesterday, with the local currency quoting at N361 to a Dollar in the BDC segment of the market. The Central Bank of Nigeria (CBN), which released the $210 million into the market, said in a statement that it offered $100 million to the wholesale segment. Also, the small and medium scale enterprises (SMEs) segment received the sum of $55 million, while the invisibles

By Modupe Gbadeyanka One of the things that give income earners sleepless nights is saving for rainy days. This worries low-income earners, who believe their earnings can barely meet their needs. But on Friday, May 5, 2023, their perception of income management and growth might change if they endeavour to partake in an online workshop organised by Ecobank Nigeria. The lender said it is inviting the former Statistician-General and chief executive of the National Bureau of Statistics (NBS), Mr Yemi Kale, who is now a Partner and Chief Economist of KPMG Nigeria, to discuss Maximizing Your Income: The Power of