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Former Minister of Finance, Ngozi Okonjo-Iweala and Nigeria’s nominee for the position of the Director-General of the World Trade Organisation (WTO) is set to emerge winner of the competitive race to the highly coveted head of the international body. Reuters on Wednesday reported that a key group of WTO ambassadors...
A Central Bank of Nigeria (CBN) data has revealed that the naira has fallen by 108 per cent against the West African CFA (popularly known as CFA). As the West African CFA rallies to wipe out the hitherto wide trading gap between the two currencies, it gained 36 kobo from...
By Tobiloba Kolawole No less than 5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem converged on Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event is a unique opportunity for bringing together young business talent, creating dynamic networks...
President Muhammadu Buhari has warmly felicitated with former Chairman of Nigerian Economic Summit Group (NESG), Sam Ohuabunwa, on his 70th birthday on August 16, joining friends and family members to celebrate the visionary leader, whose competence and influence have greatly impacted on the Nigerian economy and beyond. Buhari congratulated Ohuabunwa,...
Idowu Sowunmi For the third time in a row, Dangote Group has emerged as the most admired brand of African origin by consumers. Also, GTBank has emerged as the most admired financial brand in Africa and the United Kingdom's BBC retained its media category ranking as the most admired media brand...
By Tobiloba Kolawole The Federal Government has been advised to decentralize Lagos ports in order to achieve efficiency in the sector and solve the perennial gridlock on the Apapa-Oshodi expressway, which continues to cripple economic activities and make life difficult for residents of the...
Polaris Bank has appointed Innocent Ike as Acting Managing Director/Chief Executive Officer. The bank, in a statement, announced Ike’s appointment to succeed Adetokunbo Mukhail Abiru, who recently retired from the bank. The outgoing managing director has been touted to become the flagbearer of the All Progressives Congress (APC) in Lagos State...
A pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as the Group Executive Director with effect from August 1. Okeke has had a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he recently served as an Executive Director in charge of leading...
By Tobiloba Kolawole   A training and development organization, Purpose Power and Lifestyle Design (PPLD)  International is set to train young graduates through its Prep for Success (PFS) programme. According to the Chief Inspiration Officer of the organization,...
A leading Nigerian conglomerate with focus on manufacturing, infrastructure and agriculture, BUA Group, has ventured into oil and gas sector and signed a deal with France’s largest hydrocarbons group, Axens, to refine 200,000 barrels per day of crude oil in Nigeria. Located in Akwa Ibom State, South-south Nigeria, the project...