There are reports that the intervention by the Senate in the crisis between the federal government and the Academic Staff Union of Universities, ASUU may have been resolved. At least the union has been persuaded to call the strike for which they started a warning action last Wednesday. Details later:
CBN, SEC, PTDF, NAFDAC, Others To Return N450bn
Top government agencies including the Central Bank of Nigeria, CBN, Petroleum Technology Development Fund, PTDF, National Agency for Food and Drug Administration and Control, NAFDAC, are to refund about N450 billion to the Federal Government. Others are the Nigerian Television Authority, NTA, and the Securities and Exchange Commission, SEC, among others. To this end the …
Donald Trump is Elected President of The United States
BREAKING: Donald Trump is elected president of the United States. pic.twitter.com/yJpgfsAbc6 — The Associated Press (@AP) November 9, 2016 President-elect Trump urges Americans to "come together as one united people." https://t.co/x07xEtDjT2 pic.twitter.com/YVszyvAN3I — AP Politics (@AP_Politics) November 9, 2016 The Latest: Russian President Vladimir Putin congratulates Donald Trump on winning US presidential election. https://t.co/G16PtIflaK —…
Fidelity Bank Gets New Board Leadership
Fidelity Bank Plc appoints three new non-executive directors, among them, a former deputy governor of the Central Bank of Nigeria A former Deputy Governor of the Central Bank of Nigeria, CBN, Ernest Ebi has emerged as a non-executive director and chairman designate of the board of directors, Fidelity Bank Plc. The appointment comes on the…
Nigerian Army: New Era of Impunity
The recent arbitrary retirement of 38 officers by the Nigerian Army underscores a return to the old days of alleged nepotism and suppression of perceived enemies of power. Izu Joseph, a defender with the Ibadan-based Shooting Stars Sports Club, 3SC, returned to his native Okarki, Bayelsa State, for holidays after the 2016 season, hoping…
Financial Inclusion Is Our Goal – Ade Ayeyemi
Financial Inclusion Is Our Goal – Ade Ayeyemi, Group Chief Executive Officer, Eco Bank, What is Ecobank’s overall vision and new strategy to increase its customer base? Our goal is to create an Ecobank that serves as a leader not only in the market but a leader that solves problems that face our customers, ensures financial inclusion…
Tony Elumelu Foundation Partners ADB, ECOWAS to Empower Africans
In recent years, Tony Elumelu has emerged as a major promoter of entrepreneurship and empowerment of young Africans through the Tony Elumelu Foundation, TEF, and his Africapitalism business philosophy. And so was it at the 2016 edition of the Tony Elumelu Entrepreneurship Forum in Lagos, where he re-echoed what he believes in. “We give to empower and break the cycle…
FG Unfolds Plans For $29.960bn Foreign Loan
The Federal Government has given details of its plans to take a $29.960 billion foreign loans designed to address infrastructure deficit in the country. Festus Akanbi, Special Assistant on Media to the Minister of Finance, Kemi Adeosun, said in a statement issued in Abuja that the borrowing is a three-year-plan covering proposed projects for 2016…
Saving Nigeria From The DSS
The Nigerian judiciary today wears a crown of torns, one that screams corruption. The infamy is not limited to the seven judges recently arrested by operatives of the Directorate of State Service, DSS, but spreads far and wide to smear the judiciary as an institution. Perhaps only persons afflicted by some egregious naivité could…