Access Holdings Announces Bolaji Agbede As Acting Group CEO

The Board of Directors of Access Holdings Plc (‘the Company’) has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief Executive Officer, Dr. Herbert Wigwe, on February 9, 2024. The appointment is subject to the approval of the Central Bank of Nigeria. Until her recent appointment, Ms. Agbede was the company’s most senior founding Executive Director in charge of Business Support. She has nearly three decades of professional experience cutting across banking and…

Read More

Nigerian Stowaways Narrate How They Survived On Ship’s Rudder For 14 Days

Four Nigerian stowaways crossing the Atlantic in a tiny space above the rudder of a cargo ship and rescued by Brazilian police have narrated how they survived the perilous journey. The stowaways narrated how they ran out of food on their tenth day at sea. They survived another four days, according to their account reported on Tuesday by Reuters, by drinking the sea water crashing just meters below them, before being rescued by Brazilian federal police in the southeastern port of Vitoria. Their remarkable, death-defying journey across some 5,600 kilometers…

Read More

Meet Olu Verheijen, President Tinubu’s Energy Adviser

President Bola Ahmed Tinubu has appointed Ms. Olu Verheijen as his adviser on the Energy sector, as part of recent appointments in key sectors of the economy. With nearly 20 years of experience, Ms Verheijen brings extensive knowledge and expertise in the oil, gas, power, and renewable energy sectors in sub-Saharan Africa. Her previous roles include serving as a Deal Lead at Shell, where she advised on gas commercialization and participated in multi-billion-dollar mergers and acquisitions transactions. She currently leads Latimer Energy, a consultancy firm specializing in energy sector investment…

Read More

How Southerners Control Juvenile Sex Trade In Maiduguri

Despite the pervading insecurity, recent investigations have revealed that the den of prostitution in Maiduguri, capital of Borno State, has largely been in the hands of southerners and non-Muslim. According to findings, the current peaceful atmosphere has provided more grounds for the illicit trade to thrive Ironically, the Muslim dominated community has been taken over by this group of people for the purpose of promoting prostitution, drug and other illegal engagements. Prominent brothels housing underage girls are controlled by these men from with protection from serving and retired military personnel.…

Read More

Premium Pension Grows Asset Under Management To N1.041trn

One of the leading Pension Fund Administrators in the country, Premium Pension Limited, has grown its Asset Under Management (AUM) to N1.000.41 trillion at the end of 2022 financial year. This is despite increasing economic challenges and stiff competition in the industry. This growth represents N120.93 billion over 2021 year-end of N879.48 billion, indicating a year-on-year growth rate of 12.08 per cent. Mr. Ibrahim Alhassan Babayo, Chairman, Board of Directors of Premium Pension Limited, disclosed this at the 18th Annual General Meeting (AGM) of the company held at its corporate…

Read More

Leadership Crisis: Court Orders ASCSN Faction To Vacate Secretariat

Honourable Justice D. E. Osiagor of the Lagos High Court yesterday ordered Bola- Audu Innocent and his cohorts to vacate the National Secretariat of Association of Senior Civil Servants of Nigeria in Lagos immediately or face the wrath of the law. In a judgment handed down on Wednesday October 26, 2022, Justice Osiagor ruled that it was an abuse of court process for Bola-Audu and his fellow travellers to bring a trade union matter already being handled by the National Industrial Court (NIC) in Abuja to his court. A statement…

Read More

NNPC Advises Tanker Drivers To Shelve Planned Strike

The Nigerian National Petroleum Corporation (NNPC) on Sunday in Abuja called on petroleum tanker drivers to call off its planned strike in the interest and welfare of Nigerians. “The strike is about the condition of roads in various parts of Nigeria used for the distribution of goods and services including petroleum products. “While it is not the responsibility of the NNPC to build or rehabilitate roads, any disruption in the distribution of petroleum products will adversely affect the business of the NNPC. “It will also endanger energy security, which the…

Read More

ILO: COVID-19 worsens child labour

…as 152 million children affected JUSTINA EMMANUEL OKPARA The International Labour Organisation (ILO) has disclosed that the outbreak of coronavirus pandemic has worsened the rate of child labour even though it had decreased by 38 per cent in the last decade with 152 million children still affected. In a statement signed by Guy Ryder, ILO Director-General, COVID-19 pandemic has considerably worsened the situation, adding that joint and decisive action can reverse this trend. Similarly, the ILO, in collaboration with the Alliance 8.7 global partnership, is launching the International Year for…

Read More

Group hunts unqualified teachers In Nigerian schools

Teachers Registration Council of Nigeria (TRCN), said the council will be going after unqualified teachers in public and private schools, across the country, as soon as schools fully reopen. The council further explained that grace periods have been given to the unqualified teachers to try and meet up with demands, yet there are still records of many unqualified teachers teaching in various schools. This was made known by the Registrar/CEO, Prof. Josiah Ajiboye. He stated that out of four million teachers in the various institutions in Nigeria, only over two…

Read More

Okomu Oil employs 1,250 smallholder farmers

Foremost Nigerian palm oil processing firm, Okomu Oil Palm Company Plc., has concluded plans to add not less than 1, 250 new jobs to its operation.   Specifically, the arrangement involves the firm rolling out a smallholder farmers’ scheme in collaboration with 2SCALE.   It involves cooperatives, spanning four local government areas in the state, on the back of Governor Godwin Obaseki’s agricultural reforms.   According to a news report, a cross section of stakeholders on the project disclosed this in Benin City, at the company’s Diagnostic and Design Workshop…

Read More