OBJ’s Letter, Peter Obi  and the Burden of Survival

OBJ’s Letter, Peter Obi  and the Burden of Survival

By Gideon Obhakhan  I read the letter written by Nigeria’s former President Olusegun Obasanjo, on the 1st of January 2023, titled “My appeal to all Nigerians particularly Young Nigerians”. Among other things, OBJ, as he is popularly called, endorsed the candidacy of Peter Obi who is vying for the office of the President of the […]
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Djokovic given hero’s welcome in Adelaide

Djokovic given hero’s welcome in Adelaide

Tennis fans gave Novak Djokovic a raucous welcome during his first match in Australia in almost two years when he made a rare doubles appearance at the Adelaide International on Monday. Playing with Canada’s Vasek Pospisil, they lost to doubles specialists Tomislav Brkic and Gonzalo Escobar 4-6, 6-3, 10/5 but enjoyed overwhelming crowd support along the way. The […]

17 bills imposing more levies on manufacturing pending in NASS — MAN

17 bills imposing more levies on manufacturing pending in NASS — MAN

Asks govt to curtail incidences of multiplicity of taxes By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) said there are no fewer than 17 bills aimed at imposing more levies on the manufacturing sector currently before the National Assembly (NASS), in addition to the incidences of multiple taxes/levies and fees that have overburdened the sector. […]

<strong>NBC begins recycling project in Lagos</strong>

NBC begins recycling project in Lagos

…provides PET-collection infrastructure By Cynthia Alo In an effort to reduce the plastic pollution menace in the Lagos metropolis, Nigerian Bottling Company (NBC) Limited, said it has begun to collaborate with 1004 housing estate, an area in Victoria Island, Lagos, to recover post-consumer plastic packaging waste generated from the community and consequently ensure they are adequately […]

Stanbic IBTC Pension Managers rewards 12 with N32m

Stanbic IBTC Pension Managers rewards 12 with N32m

By Nkiruka Nnorom In line with its vision of finding new ways to make dreams possible, Stanbic IBTC Pension Managers has rewarded 12 creative Nigerian youngsters, winners of the FUZE Talent Hunt, with N32 million. At the FUZE Festival, winners from music, dance, fashion, and technology categories walked away with N5 million each. The first runner-up […]

<strong>WEMA Bank appoints Oseni, new CEO as Adebise retires</strong>

WEMA Bank appoints Oseni, new CEO as Adebise retires

By Babajide Komolafe  Wema Bank Plc has announced the retirement of its Managing Director/CEO, Ademola Adebise.  He will be proceeding on terminal leave from January 2nd, 2023, after over 13 years of meritorious service on the Board of the Bank. He will be succeeded by Moruf Oseni, currently the Deputy Managing Director. The bank also announced […]

<strong>Two helicopters collide in Australia, killing four</strong>

Two helicopters collide in Australia, killing four

Two helicopters collided mid-air killing four people Monday on Australia’s Gold Coast tourism destination, officials said, with images showing one of the aircraft’s rotors lying on a sand bank. Three other people are in a critical condition, police said. One helicopter lay flipped over on the sand a few feet from the shore. Its rotors […]

Nigeria’s corporate tax rate, global highest — CPPE

Nigeria’s corporate tax rate, global highest — CPPE

By Nkiruka Nnorom The Centre for the Promotion of Private Enterprises (CPPE) has  called for the review of Nigeria’s tax laws, saying that the corporate tax at about 34 percent represents the highest globally.  The firm noted that the current tax regime stifles investment, saying that an economy that desires job creation, economic inclusion, investment growth […]

Oil: Bonny Light loses all 2022 gains, ends year at $81.4pb

Oil: Bonny Light loses all 2022 gains, ends year at $81.4pb

By Obas Esiedesa ABUJA — Nigeria’s Bonny Light grade crude oil lost all its gains in 2022 after trading at $81.94 per barrel at the end of 2022, a drop of 8.26 percent from the $88.71 per barrel it traded in January 2022. Bonny Light hit the highest mark in June 2022 when it traded at […]

Some balloons’ll deflate in 2023 — Adeboye

Some balloons’ll deflate in 2023 — Adeboye

General Overseer of the Redeemed Christian Church of God, RCCG, Pastor Enoch Adeboye, yesterday, said God’s grace and mercy made Nigerians have a smooth and peaceful transition into the year 2023.