Tinubu Swears in George Akume As SGF

By Modupe Gbadeyanka The salaries of employees of Mediacraft Associates Limited, a leading Nigerian full-service Public Relations and Integrated Brand Communications Consultancy firm, have been increased by 15 and 25 per cent. This was confirmed by a statement from the organisation as it celebrates its 20th anniversary this year. It was disclosed that the gesture was to reward the efforts of the workers toward the growth of the company and to cushion the current hardships in the country due to the removal of petroleum subsidy. According to the chief executive of Mediacraft Associates, Mr John Ehiguese, the salary increase had

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 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 It was a sweet revenge for American sprinter, Justin Gatlin, on Saturday night, when he grabbed gold in 100 metres at the ongoing IAAF World Championships in London. He emerged winner of the race, displacing the favourite, Usain Bolt, who came third in the 100 metres final. It was the last individual race for the Jamaican, who retires after the championships in London and was tipped to clinch his 20th global gold. Thirty-five-year old Gatlin crossed the finish line in 9.92 seconds, while his 21-year old compatriot, Christian Coleman finished 9.94 seconds, and the 31-year old Bolt

By Adedapo Adesanya The National Bureau of Statistics (NBS) will host the Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, at a webinar on Thursday, July 23 to discuss leveraging data in driving improved governance. The event themed Leveraging Data to Drive Inclusive Policy, Revenue Generation & Improved Governance will be done in partnership with Softcom Limited, an indigenous and innovative technology company. It will see the minister feature alongside the Statistician-General of Nigeria and CEO of NBS, Mr Yemi Kale, as keynote speakers They will be joined by distinguished panellists such as Special adviser to the President

By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun, says the National Assembly has approved a $500 million Eurobond sale. Addressing journalists in Abuja, Mrs Adeosun disclosed that details of the Eurobond issuance would be released later. The Federal Government approached the legislative arm of government to seek its approval to raise a new issue after raising an oversubscribed $1 billion Eurobond in February 2017. It plans to increase public spending by almost 20 percent this year with a deficit of N2.36 trillion ($7.7 billion). The increase in public spending follows the Nigerian economy’s first annual contraction in 25 years

By Dipo Olowookere Many Nigerians, who have been made to undergo untold hardship because of ‘crazy bills’ dished out to them by power companies, may soon heave a sigh of relief. This is because the House of Representatives has passed a bill to prohibit and criminalise estimated billing in the country by electricity distribution companies fondly called DisCos. The bill was sponsored by the Majority Leader and lawmaker from Lagos State, Mr Femi Gbajabiamila. At the plenary on Tuesday, the bill passed the third reading after the House adopted a report submitted by a committee set up by the green

Choosing the right wholesaler for buying Clothing pallets is an important task. If you are establishing your own business, then you need a lot of appliances for your day-to-day needs. But if you are an individual and you want to buy from a wholesaler to get a discount, then you are at the right place. There are certain things that you need to look for when buying from a wholesale vendor like- the reputation of the dealer, the quality of supply that he is selling and the place of the vendor. Checking all this is important as you will be

By Nneka Okumazie A measure of a country, or say people, can also be how desirable they are, in another country, or among other people. A good measure of that, outside generic hate, speaks well of the country. A country, or say people, who always think chasing others away, will make their country or people better – without seeking to solve their own problems, will likely remain at that same spot of thinking others are the problem. For years across Africa, there is always the issue of these people should leave, those people should go, or that these people are

By Adedapo Adesanya The Committee for the Protection of Peoples Mandate (CPPM) has lauded the Independent National Electoral Commission (INEC) for ensuring adequate Permanent Voters’ Card (PVC) collection, especially at the ward level. In a statement made available to Business Post by Mr Nelson Ekujumi, its Executive Chairman, the committee said it mobilized its personnel to observe the process in Lagos State and also monitored reports via the media and other sources, and as a result, it is “confidently passing a vote of confidence on INEC for its professionalism and dedication to the seamlessness of the process.” “We make bold

By Dipo Olowookere The aggrieved resident doctors in Nigeria under the aegis of National Association of Resident Doctors (NARD) have called off their strike. The action was suspended after a meeting with the federal government in Abuja on Thursday at the instance of the Minister of Labour and Productivity, Mr Chris Ngige, who is a trained medical doctor. At the meeting, the parties signed a Memorandum of Understanding (MOU) on all matters raised by NARD after it was stressed that eight of the 10 issues raised by the doctors have been addressed. The MoU was signed by Mr Ngige; Minister