APC leader cautions Tinubu against removing electricity subsidy
APC leader cautions Tinubu against removing electricity subsidy A chieftain of the All Progressives Congress (APC), Amb. Ibrahim Olesin, has cautioned President Bola Tinubu against removing subsidy on electricity as suggested by the International Monetary Fund (IMF) among others, warning that the action would further compound the hardship currently experienced in the country and lead to chaos. He recalled that Nigerians recently took to the streets in some parts of the country to protest economic hardship, adding that “hunger is not a good m…
NIN-SIM linkage: Telecom subscribers make fresh demands as deadline elapses
NIN-SIM linkage: Telecom subscribers make fresh demands as deadline elapses Telecommunications subscribers in Nigeria have asked mobile network operators and the Nigerian Communications Commission to extend the National Identity Number and Subscriber Identity/Identification Module linkage deadline by 30 days. National Association of Telecommunications Subscribers, NATCOMS, National President, Adeolu Ogunbanjo, disclosed this in a telephone interview on Wednesday. He noted that telecom subscribers need additional time to complete their NIN-…
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Why 4,173 Bureau De Change operators’ licences were revoked – CBN
Why 4,173 Bureau De Change operators’ licences were revoked – CBN The Central Bank of Nigeria on Friday revoked the licences of 4,173 Bureau De Change operators over their failure to meet regulatory guidelines. The apex bank disclosed this in a statement by its acting Director, Corporate Communications, Sidi Hakama. This means there will now be 1,517 operational BDCs from the initial 5,690. However, the President, Association of Bureau De Change of Nigeria, Aminu Gwadabe, when contacted for comments on the development, told one of our corres…
Worth The Hype Fest with N.A.T.E (Nigeria Most Sought After Hypeman)
Worth The Hype Fest with N.A.T.E (Nigeria Most Sought After Hypeman) Nathan Goodluck popularly known as N.A.T.E is a powerhouse in the world of entertainment and corporate hosting. With a resume that reads like a who’s who of the industry, N.A.T.E has become synonymous with electrifying energy, seamless stage presence, and unparalleled professionalism. As a seasoned hypeman and compere, N.A.T.E has graced some of the most prestigious events, leaving a trail of awe and excitement in his wake. From co-hosting Tony Elumelu’s exclusive all-whi…
2023: Dangote Cement increases shareholder’s dividend by 50%, to N30 per share …sales from African subsidiaries rose by 12.7%
2023: Dangote Cement increases shareholder’s dividend by 50%, to N30 per share … sales from African subsidiaries rose by 12.7% In line with the promise of Chairman, Dangote Cement, Aliko Dangote at the company’s 2022 Annual General Meeting (AGM), of an enhanced return on Investments to all the shareholders and other stakeholders in Dangote Cement, Plc, the company’s Management for the year ended December 31, 2023, has proposed an increase in the dividend payout to the shareholders, by 50 percent, to N30 per share. The proposed increase in…
Harvard Business School Launches Tony Elumelu Foundation Case Study
Harvard Business School Launches Tony Elumelu Foundation Case Study Spotlights Role of African Philanthropy in Transforming the Development Agenda in Africa At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today released a case study examining the role and impact of the Tony Elumelu Foundation (TEF), and its unique approach to catalysing entrepreneurship in Africa. The Foundation, Africa’s leading funder of young entrepreneurs, has pioneer…
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Tinubu Gives New Directive To Dangote, BUA Over Price Of Cement
Tinubu Gives New Directive To Dangote, BUA Over Price Of Cement In a significant development for Nigeria’s construction and housing sector, President Bola Ahmed Tinubu has issued a directive to cement manufacturers to revert to previous pricing of the commodity. This announcement was made by the Minister of Works, Senator David Umahi, following his inspection of the BUA cement factory in Sokoto on Thursday. During a recent meeting with the manufacturers, President Tinubu expressed his decision, emphasizing the need for affordability in the…
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