Новости за 09.02.2023

Norland International, a leading multi-level marketing industry, has restated its commitment to help the growth of its partners as it seeks to deepen its market portfolio across Africa by rewarding distributors with an all-expense-paid trip to Seychelles. “Norland International’s all-expense-paid trip to Seychelles for its top-performing distributors is not just a luxurious vacation, but a […]

Oluyemi Ejidiran, Managing Director/ CEO, Wemabod Limited, said the real estate sector can help drive Nigeria’s economic growth if well harnessed. “The real estate sector is a crucial component of the Nigerian economy and has the potential to drive economic growth and job creation,” Ejidiran said during a recent media parley on the Wemabod Real […]

At 10:20 am on Thursday, over 55 people queued at a Keystone Bank Automated Teller Machine (ATM) in Apapa. The queue wouldn’t move much because military officers shunted it in a race to get the new naira notes. As the controversial February 10 deadline to phase out the old 1000, 500 and 200 naira notes […]

President Muhammadu Buhari on Thursday signed Executive Order 14, of 2023, approving the establishment of a Presidential Transition Council ( PTC) to facilitate and manage the 2023 transition programme. The Executive Order No. 14 of 2023 will ensure the Facilitation and Management of the Presidential Transitions. A key feature of the Presidential Executive Order No. […]

In the conclusion, Idowu Thompson, Group Head of Private Banking for FirstBank of Nigeria, and Esiri Agbeyi, Partner, Head private clients and family business unit, PwC Nigeria, suggested next-gen education, building a structure, and having a family constitution as ways to address the concerns of passing on family businesses successfully. 54 percent of next-geners are […]

The government of the Commonwealth of Dominica has announced the award of a global ambassador to Nigerian gospel artist Osinachi Joseph Egbu popularly known as Sinach. The letter was signed by Roosevelt Skerrit, Prime Minister of the Commonwealth of Dominica, and presented by Janet Charles, the Acting High Commissioner of the Commonwealth of Dominica in […]

At the close of equities trading session on Thursday, the market decreased by 0.12 percent or N36billion as investors took profit from preceding day’s gain. Stocks like GSK, Fidelity Bank, and Cornerstone led other counters on the sell-side of the bourse. GSK dipped most after its share price moved from N6.95 to N6.40, shedding 55kobo […]

On 16th June 2021, the Security and Exchange Commission (“SEC”) announced its Regulatory Incubation Program (the “RI Program”) for financial technology companies (“FinTechs”) offering services and products in the Nigerian Capital Markets space that are uncertain about their regulatory obligations, but still require some form of regulatory authorisation from SEC before they can commence business. […]

Governor Dapo Abiodun of Ogun State on Monday swore in the Acting President of the Customary Court of Appeal and eight other judges for the State Judiciary, asking them to dispense justice without fear or favour. The governor, while addressing the new men and women of the Bench, equally tasked them to ensure prompt dispensation […]

In the Nigerian ecosystem, there are no strangers to the ups and downs of the energy sector. In this interview with Ola Alokolaro, a thought leader in Energy law and Senior Partner, ADVOCAAT Law Practice, Onyinyechi Ukegbu, Head, Legal Business, discusses fuel prices post-subsidy, the future of Nigerian gas and which presidential candidate has the […]

The Peoples Democratic Party (PDP) Presidential candidate, Atiku Abubakar, has kicked against plans for an Interim National Government (ING), saying that the concept is alien to the 1999 Constitution of the Federal Republic of Nigeria as amended. He also promised the return of peace to the North East, especially Yobe State, if elected President. Atiku/Okowa […]

The Nigeria Labour Congress (NLC) on Wednesday swore-in new executives, with Joe Ajaero as the new president to lead workers for the next four years. Ajaero, a former general-secretary of the National Union of Electricity Employees (NUEE), was voted on consensus at the 13th NLC’s national delegates conference in Abuja. He took over from Ayuba […]

Data obtained from Flour Mills Nigeria (FMN) Plc’s nine-month (9M)financial statements for the period ended December 2022 has revealed the FMCG company reported its lowest profit margin in eight years on the back of rising input and finance costs. According to BusinessDay’s findings, the firm’s profit margin declined to 0.90 percent in the nine-month period […]

In furtherance of its commitment to support the Central Bank of Nigeria’s Naira redesign policy, Hope PSBank, Nigeria’s digital bank and a Unified Payment Services Limited subsidiary, has commenced a community inclusion initiative. Ogechi Altraide, director of the bank, who spoke at a press conference in Lagos, said that the initiative is targeted at promoting […]

The new line being chanted by both young and old is the “no cash” chorus; even those who do not have a #10 on their balance join in. Every day, banks are stuffed to the gills with “cashfull” guys who are in a “cashless” situation perhaps after bank security has informed them that there is […]

To the consternation of all and sundry, what started as a miniscule altercation between the current Chief Imam of Ogbomoso land (Imam Taliat Yunus Ayilara) who claimed to have originated from Ayilara ancestral family house of (Oke Agbede) and the acclaimed Ayilara family who disputed his ancestry on one hand, and the faction of the […]

Corporate Family Responsibility (CFR) has become an critical index for determining the quality of an organisation’s human resource management and practices, particularly the important aspect of supporting working parents in an age of highly prevalent dual-earnership among familieso. Coupled with the global decline in gender differences in labour market, it is no longer a hearsay […]

Nigeria was a peaceful place, as much as South West, the bread of the nation, before the political birth of Akintola. In those days, all tribes fought endlessly in unison for a common good—freedom from foreigners. But from Akintola to Awolowo and Penkelemesi some unseen hands started ensuing. AG breakaway, Akintola met his demise, and […]

  In about a fortnight, Nigerians will have the opportunity to decide who becomes the president of the country from a supposed list of 18 candidates on the ballot. In reality, however, the contest is between three contestants – Bola Tinubu of the ruling All Progressives Congress (APC), Atiku Abubakar’s People’s Democratic Party (PDP), and […]

Sterling Bank has refuted the claims made by the Independent Corrupt Practices Commission (ICPC) over the newly designed naira notes and its Central Business District Complex in Abuja. In a statement signed by Raheem Owodeyi, its chief operating officer, the lender said it deemed it necessary to provide the “true representation of events to the […]

The Independent National Electoral Commission (INEC) on Wednesday issued a public apology via its Twitter handle for unintentionally liking a post criticizing one of the 18 presidential candidates. Earlier in the day, INEC liked a Premium Times report written by Afrobeat maestro Seun Kuti, in which he dismissed Peter Obi, the presidential candidate of the […]

Mike Ozekhome, a professor of law and senior advocate of Nigeria (SAN), said on Wednesday that the naira redesign policy generating so much public attention has affected the political elites and their vote-buying cronies more than the ordinary masses. Ozekhome noted that the Central Bank of Nigeria’s naira swap policy, which is expected to end […]

Earlybrite, a fast-rising edtech company has been recognised by BusinessDay as one of Nigeria’s 100 fastest-growing SMEs. Earlybrite was selected from a pool of SMEs making serious waves in the country’s entrepreneurship ecosystem in 2022. The award acknowledges the hard work and dedication of the Earlybrite team, as well as the impact they have made […]