Author: Ifetayo Adeniyi

Warren Buffett Highlights 7 Important Tips To Build Wealth Warren Buffett Highlights 7 Important Tips To Build Wealth Warren Buffett’s path to becoming one of the world’s most successful investors wasn’t paved with complex formulas or insider secrets. Instead, his wealth-building strategy centers on straightforward principles that anyone can apply. Known as the “Oracle of Omaha,” Buffett has consistently demonstrated that successful investing is less about technical expertise and more about discipline, patience, and sound judgment. Over six decades, his investment philosophy has generated extraordinary returns and provided a blueprint for building sustainable wealth. In this article, we’ll explore seven…

Africa Energy Bank Will Soon Start Operations In Nigeria Ahmed Farouk The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, has dropped the hint that operations of the Africa Energy Bank will commence soon in Nigeria. Farouk informed industry operators who gathered at the opening of the 18th edition of the Oil Trading and Logistics (OTL) conference in Lagos on Monday, that plans were already being finalised to establish the continental Bank, which shall provide the funds necessary to fast-track the growth of energy supply infrastructure for the continent. The Africa Energy…

Tinubu, ‘Ensure adequate petrol supply for local consumption’ Aliko Dangote Refineries in Nigeria have been ordered to ensure an adequate supply of petroleum and its products for local consumption. The directive was given by President Bola Tinubu on Tuesday, October 29, 2024, and he said it would halt the consistent reliance on the importation of the product. According to Tinubu, it would also enable the channelling of foreign exchange into the development of the real sector. He added that the use of the naira was brought about to get rid of the exchange rate challenge. “Whatever solution we proffer in…

FirstBank In Partnership for Carbon Accounting Financials, Shows Dedication to Climate Change …shows dedication to climate change. As part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition. PCAF is a collaboration between financial institutions worldwide to enable harmonised assessments and disclosures of greenhouse gas (GHG) emissions from loans and investments. With more than 530 financial institutions from six continents, the group is rapidly expanding in North America,…

Wema Bank Empowers Nigerian SMEs in International Markets, Launches Export Trade Academy Wema Bank Launches Export Trade Academy. In a bold step towards empowering Nigeria’s small and medium enterprises (SMEs), Wema Bank has launched the Wema Export Trade Academy, a groundbreaking initiative designed to enhance the global trade capabilities of local businesses. This forward-thinking program demonstrates Wema Bank’s commitment to empowering Nigerian businesses and supporting their international growth potential. Navigating the complex landscape of export trade involves overcoming regulatory, financial, and logistical hurdles, which can often hinder small businesses from establishing a foothold, the Wema Export Trade Academy is designed…

LAWMA sensitizes Dopemu-Iyana Ipaja Axis on change of attitude In continuation of its state-wide campaign for environmental cleanliness, the Lagos Waste Management Authority , LAWMA, has taken its motorized advocacy campaign, tagged “ War on Waste” to Dopemu-Iyana Ipaja axis, primarily to inspire attitude change among the residents. It comes on the heels of a similar road show, held along Lekki Toll Gate, Jakande and Ajah area of Eti-Osa Local Government of the state. Speaking at Dopemu Roundabout by Santos Estate, Akowonjo Road, Egbeda, the Managing Director/ CEO of LAWMA, Dr. Muyiwa Gbadegesin, represented by the director of advocacy unit,…

Ahmad Farroukh, now Glo’s new CEO Ahmad Farroukh  Ahmad Farroukh has been appointed as a new chief executive officer of Globacom. Farroukh, former MTN Nigeria boss appointment is part of the telco’s effort to abide by the Nigerian Communications Commission (NCC) ‘s move to strengthen corporate governance in the telecoms industry. He is expected to lead in positive changes of the telco, which is also constituting a board. He began his career in 1995 as CEO of Investcom Group in Lebanon, later acquired by MTN Group. Profile: In 1999, he was managing director of MTN Ghana and regional director for…

GTCO reports N1trn profit, net income grows by 161% in 9 months Guaranty Trust Holding Company (GTCO), a tier-one bank in Nigeria has reported an after-tax profit of N1.08 trillion in the nine months of 2024 driven by interest income. According to data from the Nigerian Exchange Group (NGX), GTCO’s interest income grew by 161 percent to N980 billion, compared to N374.5 billion during the same period in 2023. The rise in interest income is attributed to increased average earning assets and a rise in average yields, analysts at CSL Stockbrokers disclosed. It added that net loans and advances to…

Nigeria, West African Nations Set To Take Up Unified Driver’s License Nigeria And West African Nations Set To Take Up Unified Driver’s License. Nigeria, alongside other West African countries, is set to adopt a unified driver’s license and vehicle registration system as part of a regional effort to streamline transportation and enhance road safety. The Federal Road Safety Corps is also collaborating with the Economic Community of West African States through the West African Road Safety Organisation to develop a Regional Vehicle Administration and Information System. The FRSC Corps Marshal, Shehu Mohammed, disclosed this at a workshop on inter-agency collaboration…

Okphebholo Inauguration Committee prepares for best show in November 12 Senator Monday Okpebholo Okphebholo Inauguration Committee prepares for best show in November 12. Committee set up for the inauguration of Senator Monday Okpebholo as the governor of Edo State has promised to put up a first-class show for the event billed to hold on November 12, 2024. Chairman of the inauguration committee, Gen Cecil Eseikhaigbe (rtd), disclosed this during an inaugural meeting of the 2024 Edo All Progressives Congress Inauguration Planning Committee for Governor-Elect Senator Monday Okpebholo. Tbis is contained in a statement released by Comrade Orobosa Omo-Ojo, Chairman of…