Zargana Joins Multiverse Board as Non-Executive Director

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 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

By Bliss Okperan Nigeria’s President, Mr Bola Tinubu, has approved the appointment of new Chief Executive Officers for some agencies and parastatals under the Federal Ministry of Industry, Trade and Investment. A statement on Friday from the President’s Special Adviser on Media and Publicity, Mr Ajuri Ngelale, disclosed that the appointments, which take immediate effect, are in line with his resolve to base the country’s economic revival on the foundation of trade expansion through small, medium and large scale industry facilitation. Mr Ngelale said his boss “expects all new appointees in the critical sector to optimally deliver in accordance with

By Dipo Olowookere For their drive in innovative banking in Africa, two leaders in their sectors, Ecobank Group and MasterCard, have been honoured at the 2017 African Banker Awards. Both firms were announced as winners of the ‘Innovation in Banking’ award category for ground breaking partnership focused on reaching 100 million new customers in Africa with Masterpass QR by 2020. Recall that the landmark deal between both organisations was signed in 2016 and focused on financially empowering 100 million new customers in Africa by 2020, through access to the Ecobank Mobile App supported by Masterpass QR. The award ceremony was

The Imo State Deputy Governor-elect, Mr Gerald Alphonsus Irona, has said funds meant for Imo State Oil Producing Areas Development Commission (ISOPADEC) will no longer be diverted, but used for the development of the oil producing areas of the state. Mr Irona stated this while addressing thousands of stakeholders of Ohaji/Egbema/Oguta/Oru West Federal Constituency, who gathered in Oguta to receive him after the announcement of the Peoples Democratic Party (PDP) as winner of the just concluded governorship election in the state. He also preached forgiveness and reconciliation of all, urging his supporters to forgive all those that may have offended

By Investors Hub The major U.S. index futures have climbed well off their worst levels of the morning and are currently pointing to a roughly flat opening on Thursday. The futures were pointing to a sharply lower open earlier in the day but rebounded as treasury yields tumbled following the release of the Labor Department?s report on consumer prices in the month of September. The Labor Department report showed consumer prices inched up by less than expected in September, while the annual rate of consumer price growth slowed to 2.3 percent in September from 2.7 percent in August. Treasury yields

By Dipo Olowookere Financial stocks on the Nigerian Exchange (NGX) Limited came under selling pressure on Monday and they brought down the bourse by 0.14 per cent when trading activities ended for the session. The insurance sector depreciated by 0.86 per cent, the banking counter lost 0.45 per cent, while the industrial goods index declined by 0.29 per cent. The losses printed by the trio overshadowed the 0.02 per cent improvement reported by the consumer goods space as the energy sector closed flat. The All-Share Index (ASI) went down by 69.41 points yesterday to settle at 49,625.71 points in contrast

By Dipo Olowookere Engineer Yusuf Haliru Binji has now been appointed as the new Managing Director/Chief Executive Officer of Cement Company of Northern Nigeria (CCNN) Plc. This followed the exit of Mr Ibrahim Aminu, who moved to BUA Group recently. A statement issued by the cement maker disclosed that the decision to appoint Mr Binji as the new leader of the firm was unanimously taken at an Extra-Ordinary Board Meeting of the company on August 6, 2018. It was further disclosed that the appointment of Mr Binji takes effect from September 1, 2018. Mr Binji obtained his first degree in

By Dipo Olowookere Following the resignation of Mr Jacob Zuma on Wednesday as the President of South Africa, Mr Cyril Ramaphosa has been elected to replace him. Mr Ramaphosa was elected the new South African President on Thursday by the nation’s 400-member parliament. The country’s legislature, which is dominated by the ruling African National Congress (ANC) party, elected Mr Ramaphosa to complete Mr Zuma’s term. South Africans will head for the polls next year to elect a new leader and the opposition party would look to give the ruling ANC a big fight. Mr Zuma was forced to leave office

By Adedapo Adesanya Bitcoin (BTC) and Ethereum (ETH) were up on Monday morning after the United States government stepped in to avert one of the worst banking crises in over a decade. On its part, BTC was up 7.3 per cent to $22,025.84, while ETH was up 7.0 per cent to $1,575.27. Some other cryptos were also up, including Litecoin (LTC), which has added 9.3 per cent to $75.35, Cardano (ADA) up by 8.1 per cent to $0.03315, Solana (SOL) added 5.8 per cent to $19.15, and Dogecoin (DOGE), as at press time, was up by 3.8 per cent to

By Dipo Olowookere One of the big players in the Nigerian Stock Exchange (NSE), Dangote Cement Plc, may likely list its shares on the floor of the London Stock Exchange (LSE) next year. Group Executive Director of Dangote Industries Ltd, Mr Edwin Devakumar, disclosed that this may possibly happen after the general elections in Nigeria. According to him, some banks have approached the cement maker on the possibility of arranging the Initial Public Offering (IPO), though none had been mandated and there had been no decision about how much to raise. However, he said the company was working on it