Tinubu Picks Tope Fasua as Economic Affairs Adviser

By Modupe Gbadeyanka The appointment of Mr Bashir Gwandu as the executive vice chairman and chief executive of the National Agency for Science and Engineering Infrastructure (NASENI) has been terminated. This action was taken by President Bola Tinubu, a statement from the president’s spokesman, Mr Ajuri Ngelale, disclosed on Friday. It was disclosed that Mr Gwandu would now be replaced by a 32-year-old innovator and technology expert, Mr Khalil Suleiman. He is expected to serve for an initial term of five years as stipulated in the NASENI Act, a part of the disclosure this evening stated. “President Bola Tinubu on

By Modupe Gbadeyanka Two directors have been appointed to the leadership team of Airtel Nigeria, with an expectation that the appointees will bring about a new era of innovation and growth within the business. The appointed persons are Ms Kemi Ariyo as the new Director of Information and Technology and Mr Harmanpreet Singh Dhillon as the Director of Network Transformation and Planning. The chief executive of Airtel Nigeria, Mr Carl Cruz, while commenting on the appointments, said the notably experienced Ms Ariyo would play a pivotal role in driving Airtel Nigeria’s digital transformation efforts and the company is pleased to

By Adedapo Adesanya President Bola Tinubu has appointed Mrs Bisoye Coker-Odusote as the acting Director-General/CEO of the National Identity Management Commission (NIMC), a role that he will later transition into full-time and serve in for the next four years. In a statement from Mr Ajuri Ngelale, the Special Adviser to the President on Media & Publicity, on Tuesday, the President directed the current occupier of the seat, Mr Aliyu Abubakr Aziz, to embark on a 90-day pre-retirement leave, with effect from Thursday, August 24, 2023. It was revealed that this leave would lead to his eventual retirement from service on

By Modupe Gbadeyanka About 170 of the 200 graduate trainees of Flutterwave (85 per cent) have been absorbed into the organisation as full-time employees after the completion of their programme. The leading payments technology firm in August 2022 launched its Graduate Trainee (GT) scheme to nurture young talents seeking clear career growth opportunities in technology. Some days ago, a graduation ceremony was held in Lagos to celebrate the end of the rigorous 12-month-long paid traineeship scheme. The participants were put through technical and soft skills and practical experiences. “We are excited that our aim of giving 200 extremely bright young

By Dipo Olowookere Kwara State Governor, Mr Abdulfatah Ahmed, on Tuesday, January 10, 2017, directed the immediate release of first and second quarter allocation to tertiary institutions in the state, with a charge that any institution head that fails to meet revenue targets resulting in salary arrears will be changed. Governor Ahmed, who gave the directive during a meeting with heads of government owned- tertiary institutions, explained that the revenue projection for the schools has been included in the 2017 budget proposal, and formed the basis of agreed subventions. He noted that the heads of schools in the state must

By Adedapo Adesanya Cryptocurrency exchange, Bitfinex, has listed the first-of-its-kind CryptoGPT token ($GPT) in what has been touted as a revolutionised approach to artificial intelligence (AI). The CryptoGPT, a cryptocurrency token built on an Ethereum platform, is the first-of-its-kind multi-value gas token and has the necessary demand as fuel for network transactions. It is topped up with value funnels from validator staking, cash flow from core products, and power of fee treasury which can be deployed for liquidity events like buybacks, burns, and/or expanded yield. In a statement, the company said CryptoGPT token would revolutionise the world of AI by

By Modupe Gbadeyanka President Muhammadu Buhari will, on Thursday, February 16, 2023, address Nigerians over the crisis caused by the shortage of cash in the country. The Central Bank of Nigeria (CBN) redesigned the Naira, especially the N200, N500, and N1,000 denominations, with the approval of Mr Buhari, but this move has created tension because the new currency notes are not sufficient for citizens. This has triggered protests across Nigeria, with banking facilities burnt by angry Nigerians who do not have access to their funds in the banks. Worried that this is almost threatening the 2023 general elections starting next

By Hyther Nizam With COVID-19 accelerating the digital transformation of businesses, many organisations were forced to adopt a work-from-home strategy, and customers began to increasingly purchase goods and services online. The outbreak highlighted the critical nature of software and its impact on people’s lives, both professionally and personally. At the same time, the function of the IT department has evolved and it has been crucial in supporting organisations in shifting to a new way of working. While numerous departments have seen budget cuts, many businesses have increased their IT spending. This is because the department, now expected to complete more

Leading Chinese automaker, JAC, has expressed its intention to look into the Middle East and African markets to boost its sales. The company says it plans to focus on young, tech-savvy and style-conscious drivers in the two markets. This, Business Post learnt, brought about the launch of JAC’s S2 model SUV at the Cairo Automech auto show in March. With a stylish and sporty exterior, high-end specifications, outstanding off-road performance and reasonable price tag, the S2 is expected to repeat the sales success of the S3, which has sold over 300,000 vehicles globally since its release nearly two years ago.

By Dipo Olowookere The Nigerian Stock Exchange (NSE) has announced the suspension of trading in the shares of eight firms listed on its platform. A notice to dealing members explained that the action was in “pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”).” The suspension, Business Post gathered, took effect from today, Thursday, July 5, 2018. The suspended companies are African Alliance Insurance Plc, Cornerstone Insurance Plc, R. T. Briscoe Plc, Royal Exchange Plc, STACO Insurance Plc, Standard Alliance Insurance Plc, Universal Insurance Company Plc

By Nneka Okumazie There are several wicked and evil histories dealt by foreigners to Africa that should become a rallying cry to become strong, big and far powerful, but have instead become weapons for excuses, sympathy and lack of responsibility for the progress of the people. There are people who have become acquainted with events in Africa where there were heartless injustices, like induced coups, plunders, division, forced labour, etc., that say it in the context that the lack of progress in Africa is due to just those. There are systems in Africa that have not changed, even though some

By Adedapo Adesanya The Cross River Government has said it was targeting a combined generation capacity of about 600MW electricity by 2022. This was made known by the Governor, Mr Ben Ayade, who promised a quick completion of the 27MW Adiabo Power Plant at the Tinapa Business Resort, as part of efforts to boost Micro, Small and Medium Enterprises (SMEs) in the state. Mr Ayade, speaking while inspecting the level of work done at the power plant, said the idea was to ensure that MSMEs in the state have the opportunity to have electricity and grow the local economy. He