$12bn Paris Club Windfall: How 36 states, 774 LGAs ran into $3.2bn liability with Ned Nwoko
WHEN an acclaimed Interim Management Committee, IMC, of the Association of Local Governments of Nigeria, ALGON, January 10, raised the alarm that authorities of the 774 local government areas in the country were in the dark over an ostensibly decided plan by the Federal Government to deduct money running into billions of naira from their statutory allocations in the next 10 years, starting from 2021, and pay same as consultancy fees to popular politician and lawyer, Prince Ned Munir Nwoko, and other professionals, not a few Nigerians were startled by the disclosure
Accused firm in Mozambique scandal says it donated to president’s campaign
A firm at the centre of a $2-billion loan scandal that plunged Mozambique into its worst financial crisis says it donated to President Filipe Nyusi’s 2014 election bid, according to documents it filed at a British court. The company said Nyusi, who had been defence minister when the controversial deal was forged, had requested donations […]
Liberia pays up on late African Union dues
Liberia said Wednesday it had finally paid up its late annual membership fee to the African Union, months after being downgraded to observer status. After five months of suspension, Monrovia “has fulfilled its financial obligations to the pan-African body” and “is ready to participate” in an online summit this weekend, Foreign Minister Dee-Maxwel Kemayah said […]
Police in Edo arrest 5 kidnap suspects during bush combing
The Police Command in Edo on Wednesday said that it had arrested five kidnap suspects in Ahon community bushes on the Benin/Lagos Road. CP Philip Ogbadu, Commissioner of Police in the state, made this known when he paid a courtesy visit to Mr George Edem, Commandant, Nigerian Security and Civil Defence Corps (NSCDC) at the […]
Matt Mahvi talks about the coronavirus, work life balance and his mantra for success
Cybercrime is a genuine issue in the world we live in today, and statistics say that 28% of Americans have been hacked or had their identity stolen. Cybersecurity is a huge issue online, and the industry will continue to grow as technology develops. Matt Mahvi is a serial entrepreneur and revolutionary figure in the cybersecurity […]
Covid and conflicts compete for attention at African Union summit
African leaders are expected to focus on Covid-19 response at a virtual summit this weekend, as well as pressing security crises that have gone overlooked during the pandemic. The two-day African Union summit comes almost exactly one year after Egypt recorded the first case of Covid-19 in Africa, prompting widespread fears that member states’ weak […]
Jimi Tewe Company to provide investment solutions with Millionaire Employee Conference
In a bid to assist working professionals in Nigeria and diaspora understand better how to multiply their income through investment, The Jimi Tewe Company is organising a 3-day conference, scheduled to hold from 25th – 27th of February 2021. With the theme, “Where to Make and Invest Money in 2021,” the virtual conference will bring together revered investment experts and consultants to share practical experiences and give insights into how employees can legitimately earn income from other sources while still keeping their jobs.
More countries taking repression outside borders — Report
The murder of a Saudi journalist in Turkey, the US detention of a Russian asylum applicant and the abduction of a China-born Swedish citizen from Thailand all have one thing in common. All three represent a sharp increase in countries methodically extending political repression beyond their borders with little repercussion, according to a report released […]
COVID-19 has revealed state of risk management in many businesses – Adedipupo Osinloye
Award winning management consultant, Adedipupo Osinloye shared his expert view on the impact of Covid-19 pandemic on businesses in Africa. He noted that no one could have accurately predicted the date and time the world will be hit by a pandemic. For everyone, Covid-19 came as a shock, but pandemics are not new, neither are […]
Sony Pictures Television announces new partnership with EbonyLife
Sony Pictures Television’s (SPT) international production division has today announced an exclusive first-look deal with Nigeria’s premium media conglomerate, EbonyLife Media. The companies will partner to develop scripted series centred on African culture.
Procter & Gamble, Federal Ministry of Industry, Trade & Investment, Bank of Industry announces launch of 2021 P&G – BoI SME Academy
… Vice President Osinbajo, Minister Adebayo and other industry leaders to open this year’s virtual SME academy to train hundreds of local SMEs In a bid to enhance the capabilities of small and medium enterprises (SMEs) in Nigeria, leading consumer goods company, P&G, has partnered with the Federal Ministry of Industry, Trade and Investment, and […]
