Author: Ifetayo Adeniyi

Tinubu names Mustapha CEO, Energy Commission of Nigeria President Bola Tinubu on Monday appointed Dr. Abdullahi Mustapha as the Director-General and Chief Executive Officer of the Energy Commission of Nigeria. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement he signed on Monday titled ‘President Tinubu appoints new ECN Chief Executive Officer.’ Until his appointment, Mustapha served for over a decade in the Nigerian Upstream Petroleum Regulatory Commission with significant experience in the Energy and Space Technology sectors. He most recently obtained his Doctorate degree in Mechanical Engineering with a focus on Renewable…

Unlocking Nigerian potential: Leading transformation for unbeatable organisational success Leaders in Nigeria, both in the public and private sectors, face a myriad of challenges, from a significant talent exodus to currency risks, high inflation, regulatory hurdles, failing business models, and the weighty cost of capital. These hurdles may appear insurmountable, but there is a beacon of hope on the horizon: the Customised Executive Development Programme titled “Leading Transformation for Strategic Outcomes,” organized by TEXEM, UK. The programme would hold from November 27 – 30, 2023, at the DoubleTree by Hilton London Elstree Barnet by-pass, Borehamwood, Hertfordshire, WD6 5PU, in the…

A Nigerian entrepreneur taking over the African beauty scene with Face Coat In the dynamic tapestry of life, some individuals stand out as extraordinary, and Geraldine Iheme is undoubtedly one of them. A remarkable woman with talents and achievements that span the realms of law, literature, entrepreneurship, and motherhood, she is a testament to what relentless determination and boundless creativity can achieve. Geraldine’s journey began in the legal arena, where she carved her path as a lawyer. Her deep understanding of the complexities of the law and her commitment to justice have earned her respect and admiration in the legal…

Ibadan to unveil N150m startup fund at startup fest 2023 Ibadan StartUp Fest 2023 is set to revolutionise local tech with the N150 million Ibadan StartUp Fund, fostering regional innovation. This significant initiative aims to spark transformative growth in Ibadan’s tech scene and the broader Southwest region. According to a statement by the organisers, the three-day event is scheduled for November 9-11. The event-themed “The Connected Eco-system,” is set to be a hub of activity, featuring an array of engaging programs. ‘These include the highly anticipated Pitchathon, Hackathon, Networking session, Job Fair, Internship Fair, and an exclusive Investors Masterclass aimed…

Top 10 list of US agricultural exports to Nigeria Despite having the potential to become an agricultural powerhouse, Nigeria, the giant of Africa, has a large portion of its land untilled. During the 45th meeting of the National Council on Agriculture and Rural Development, Mohammad Abubakar, former Nigeria’s Minister of Agriculture and Rural Development, revealed that 56% of the 79 million hectares of agricultural land lay fallow in 2022, with only 44% being cultivated. He also stated that less than 7% of the country’s total irrigable area is being utilized. With a population of over 200 million, the country cannot…

Rashidi Yekini: 10 things to know about the iconic striker Rashidi Yekini was a Nigerian professional footballer who is widely regarded as one of the greatest African strikers of all time. He was born on October 23, 1963, in Kaduna, Nigeria, and died on May 4, 2012. Yekini had a prolific career as a footballer and is best known for his time with the Nigerian national team. He was Nigeria’s all-time leading goalscorer, with 37 goals in 58 appearances for the Super Eagles. Yekini’s most memorable moment came during the 1994 FIFA World Cup when he scored Nigeria’s first-ever goal…

UK court dismisses $11.5bn P&ID arbitral award against Nigeria • Tinubu hails verdict, says victory is for Africa A UK judge has dismissed the $6.6 billion judgment against Nigeria – which has now risen to $11.5 billion with interest – won by Process & Industry Developments (P&ID) Ltd over a failed 2010 deal to develop a gas processing plant. Judge Robin Knowles of the Business and Property Court in London court, which sat remotely and behind closed doors, ruled that the award was obtained by fraud and what has happened in the case is contrary to public policy. The judge…

Under its new administration, Kenya has reduced government spending According to the most recent statistics, the cost of running the national government in Kenya declined slightly in the first quarter of the current fiscal year. President William Ruto hosted the 22nd Extra-Ordinary Summit of the East African Community Heads of State In the three months through September, the Ruto government spent Sh268.10 billion on administration, operations, and maintenance, as well as salaries and compensation, a 2.90 percent decrease from Sh276.11 billion in the same time the previous year. The Sh8.01 billion year-on-year decrease in day-to-day operating costs for the administration,…

Where to invest in Africa: A ranking of the top 10 countries The best African countries to invest in 2023, according to Absa Africa Financial Markets Index • South Africa and Mauritius remain the top two African investment destinations in 2023, with scores above 70. • Nigeria, Uganda, and Namibia complete the top five, with scores above 60. • Egypt has fallen out of the top 10 due to rising interest rates in advanced economies. Africa is a continent with a wealth of natural resources and a growing economy, making it an attractive investment destination. However, it is important to…

Rwanda joins global efforts as it donates aid to Gaza amid ongoing conflict Rwanda — 158.73cm (5 feet 2.49 inches)  • Rwanda donated 16 tons of food, medicines, and medical supplies to Gaza. • The aid arrives in Gaza as the first humanitarian supply convoy since the conflict began. • Tunisia also contributes to Palestinian relief, sending 12 tons of humanitarian goods via Egypt. Rwanda’s government claims it has given humanitarian aid to the Palestinians in Gaza. The payment was given to the Jordan Hashemite Charity Organisation (JHCO), according to the government’s deputy spokesperson, Alain Mukuralinda, in a brief written…