The Federal Government has released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects of the Federal Ministry of Power, Works and Housing across the country. Finance Minister, Kemi Adeosun, on Thursday, handed over the N100 billion proceeds cheque to the Minister of Power, Works and Housing, Babatunde Fashola at…
Ntel Appoints Ernest Akinlola New CEO
After what appears to be a slow start, occasioned by downturn in the Nigerian economy, and its fallouts, the board of ntel, Nigeria’s first 4G/LTE-Advanced network, has announced the appointment of Ernest Akinlola, as new Managing Director/Chief Executive Officer. “I am excited to be appointed MD/CEO of ntel, Nigeria’s pre-eminent 4G/LTE network. ntel…
3.4 Million People At Risk Of Dementia Epidemic
Alzheimer’s Disease International, ADI, has alerted the international community that Dementia will affect 3.4 million people in sub-Saharan Africa by 2030. It estimates that countries in the region have the fastest growing older population in the world but striking lack of awareness and limited availability of health services pose a challenge. This was contained in…
RenMoney, Smile Communications Excite Customers With Bundle Offer Financing
RenMoney, the simple money solutions company has launched a flexible financing initiative in partnership with Smile Communications Nigeria Limited, a leading mobile broadband telecommunications service provider. The initiative offers everyone the opportunity to own a Smile 4GLTE device that includes a data plan, especially for individuals and families. This unique collaboration, the companies said,…
Dangote Renews Commitment To Fighting Hunger, Poverty
Dangote Renews Commitment To Fighting Hunger, Poverty The Aliko Dangote Foundation has restated its commitment to fighting hunger and malnutrition, supporting education; and economic empowerment. Zouera Youssoufou, managing director and chief executive officer of the Foundation affirmed this in an interview with TELL, where she also explained conditions under which the Foundation intervenes in areas…
The Challenge Of Change
Managing A Tottering Economy Two years into President Muhammadu Buhari’s administration, the economy still wobbles with telling effects on the people Acting President Yemi Osinbajo’s Democracy Day assessment of what Nigerians are passing through was a graphic picture of the economic reality in part; and stating otherwise as many politicians would have preferred, would have…
$500m Eurobond: Global Investors Validate UBA’s Pan-African Growth Strategy
Group Managing Director and Chief Executive Officer, United Bank for Africa Plc., UBA, Kennedy Uzoka says the $500 million Eurobond raised by the bank, which was 240 percent over-subscribed, reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. According to the Bank, the Global Offering is a five-year…
Heirs Holdings Appoints New Director Of Marketing, Corporate Communications
Heirs Holdings has appointed Pelumi Fadairo as Director of Marketing and Corporate Communications. Fadairo will be responsible for driving the Group’s strategic marketing objectives and coordinating brand management of its rapidly growing portfolio of Pan-African Investments in the power, financial services, oil and gas, hospitality, real estate and healthcare sectors. Prior to her appointment, Fadairo was the CMO…
The Minimum Wage Challenge
[ctt template=”11″ link=”8570G” via=”no” ]there are indications that some states government may not be able to pay the new minimum wage of N56, 000,[/ctt] As the clamour by organised labour unions in the country for an upward review of the minimum wage returns to the front burner, there are indications that some states…
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