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Tag Archives: Business

Jim Ovia inspiring success – David Applefield

David Applefield, a seasoned communications specialist and former Commercial Special Representative for Financial Times, recently gave a thorough review of the business book, Africa Rise and Shine by Jim Ovia. Whilst the Author largely portrayed the book as an instrument to changing the narrative and perception of Africa, Applefield further …

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2019: Mimiko emerges ZLP presidential candidate

The Zenith Labour Party (ZLP) on Sunday elected former governor of Ondo State, Dr Olusegun Mimiko, as its presidential candidate for the 2019 election.Mimiko was elected as a consensus candidate by members of the party in Abuja at its national convention.The former governor said that he would levearage on the …

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Nigeria, US sign new MoU

The U.S. on Tuesday in Abuja signed a Memorandum of Understanding (MoU) for the provision of $125,000 grant to promote Nigeria’s rock art. The project funded by the U.S. Ambassadors Fund for Cultural Preservation seeks to create awareness on importance of rock arts and ensure proper documentation, provision of basic …

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University of Ibadan names Conference Centre after Otunba Subomi Balogun

The University of Ibadan (UI), Nigeria’s premier tertiary institution, has again honoured the Founder of FCMB Group, Otunba (Dr.) Michael Olasubomi Balogun by naming its modern and multi-purpose conference centre after him. On Thursday, September 6, 2018, the Center was unveiled and renamed Otunba Subomi Balogun Conference Centre. According to …

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FAAC: FG, States, LGs share August allocation [Breakdown]

Federal, states and local governments on Thursday shared N714.8 billion revenue generated in July. The figure indicated a decline of N107.1 billion when compared to what was generated in June. The Minister of Finance, Mrs Kemi Adeosun, while briefing newsmen in Abuja on the outcome of the monthly Federation Account …

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How FAAC overpaid states N10bn in bailout funds — Auditor-General

Office of the Auditor-General of the Federation has revealed that the Federation Accounts Allocation Committee, FAAC, overpaid states N10bn in bailout funds. President Muhammadu Buhari had approved the release of the funds in 2015 to help governors pay salaries in their various states, a loan facility that the states are …

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Buhari reveals why he refused to sack Emefiele as CBN boss

President Muhammadu Buhari has said he refused to replace Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), when he took over power, because he wanted to give him the opportunity to salvage the economy from its “terrible condition”. Buhari disclosed this on Friday night, when he hosted some …

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