Leading African businessman and philanthropist Tony O. Elumelu; Akin Adesina, President of the African Development Bank; Graca Machel, former first lady of Mozambique and widow of Nelson Mandela; Phillipe le Houerou, CEO of the International Finance Corporation and Tarek Sultan Al Esso, CEO and Vice Chairman of the Board Agility have been slated to co-chair…
Nigerian Breweries Plc, the pioneer and largest brewing company in Nigeria, has reaffirmed its commitment to backward integration substitution of imported raw and packaging materials with local alternatives. According to the company, not fewer than 250,000 new jobs have been created through its investment in the Sorghum and Cassava value chain. Speaking to Financial Journalists…
There is no denying that a trip to Nigeria is not complete without a taste of Suya. The long thin cut of beef, marinated in delicious spices and grilled over red-hot coals, has over the years become one of the favourite street foods consumed by locals in the country. You can hardly go three miles…
The Peoples Democratic Party, PDP, in Delta State appears to be in top gear preparing for the next batch of elections. According to Zion Nationale, an independent newspaper and credible public opinion analyst on Delta state community matters and political affairs, “the PDP seems prepared to face modern democratic realities of credible elections given its…
Chief Executive Officer and Managing Director of Guaranty Trust Bank, GTBank, Segun Agbaje, has been nominated for the biggest individual accolade in the forthcoming African Banker Awards. He is nominated for the Banker of the Year. Agbaje will be contesting the accolade alongside banking executives from Egypt, Kenya, Mozambique and Tanzania. His bank, GTBank, also…
The Lagos State Government says it generated a total revenue of N101.69bn in the first quarter of 2016 out of which a surplus of N4.85bn was realized as against an expected N29.92bn deficit. This information was disclosed on Monday by the State’s Commissioner for Economic Planning and Budget, Akinyemi Ashade, at the ongoing Ministerial Press…
The Inspector-General of Police, Solomon Arase has directed all State Commands Commissioners of Police and the FCT to, as a matter of urgency, convene town hall meeting in their respective State Commands. This is he said is part of strategic initiative of the Nigeria Police Force, aimed at adopting Community Policing practices in addressing internal…
Former Head of the Interim National Government, Ernest Shonekan, has been commended by President Muhammadu Buhari on his 80th birthday. Buhari, in a statement issued on Monday by one of his spokesman, Garba Shehu, hailed the immense contribution of the elder statesman to the peace and unity of Nigeria. The President said Shonekan has exemplified…
The Independent National Electoral Commission, INEC, says a total of 12 million Permanent Voter Cards, PVCs, were yet to be collected. This was made known by the Commission’s Chairman, Professor Mahmood Yakubu, at a meeting with Editors at the Sheraton Hotel, Lagos, last week. According to Yakubu, there are over 70 million registered voters in…
Leading brewing company in Africa, the Nigerian Breweries Plc, has continued to put bold smiles on the faces of its shareholders and other stakeholders as the brewing giant breaks its 70-year old dividend payment record. The 2015 audited results showed that the Company’s shareholders would earn a total dividend of N4.80 (Four Naira Eighty Kobo)…