Cadbury Nigeria Plc has announced the appointment of Ms. Bunmi Lawson as a Non-Executive Director on the Board of Directors of the Company, with effect from 1st June 2024. The announcement was contained in a statement by Mr. Adedotun Sulaiman, Chairman, Cadbury Nigeria. The statement said Ms. Lawson’s appointment was ratified by shareholders at the Company’s last Annual General Meeting (AGM) in Lagos. According to the statement, Ms. Lawson is currently the pioneer MD/CEO of EDFIN Microfinance Bank Ltd, the first specialised education microfinance bank in Nigeria. Prior to joining EDFIN, Ms. Lawson was the MD of ACCION Microfinance Bank,…
Author: Elvis Eromosele
The Universal Basic Education Commission (UBEC)’s 2022/2023 National Personnel Audit Report says that teacher shortage in public primary schools across the country stands at 194,876. According to UBEC report, out of the 694,078 teachers needed at the primary school level across the country, only 499,202 are available. More disturbing is that over 16 state governments did not conduct teacher recruitment in basic schools for five years, according to findings. The situation is stifling learning in basic schools as several pupils consistently skip important subjects owing to lack of teachers in some subjects, experts say. It is also impeding proper intellectual…
The African Development Bank Group (AfDB) has approved a loan of $500 million for Nigeria to transform the country’s electricity infrastructure and improve access to cleaner energy sources. In a statement released by the bank on Thursday, the African lender said the loan will finance the first phase of the Economic Governance and Energy Transition Support Program (EGET-SP). The statement read: “The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first phase of the Economic Governance and Energy Transition Support Program (EGET-SP), a…
The Federal Competition and Consumer Protection Commission (FCCPC) has disagreed with claims that its recent penalty order and fine on WhatsApp may force the platform out of Nigeria. The commission also noted that WhatsApp’s claim that it may be forced out of Nigeria due to its recent order is aimed at influencing public opinion and “potentially pressuring the FCCPC to reconsider its decision.” The regulator was responding to a report that revealed WhatsApp was considering withdrawing some of its services in the country. On Thursday, Techcabal reported that a WhatsApp spokesperson said, “We want to be really clear that technically,…
The Lagos State government has unveiled an ambitious plan to generate N200 billion annually by expanding its income tax base to include remote workers and leveraging digital solutions for enhanced revenue collection. According to the synopsis document for the EKO Revenue Plus Summit, which is expected to be held on September 25th and 26th, 2024, with the theme “Unlocking New Revenue Streams for Lagos State”, this southwest state plans to raise N5 trillion internally generated revenue (IGR) from four major sectors. One such sector is the digital economy, through which Lagos State plans to introduce a Resident Global Digital Citizen…
Maggie Obehi Peters, Managing Director of Alpha Technologies Limited, a leading telecommunications operator in Nigeria, has been inducted into the Titans of Tech Hall of Fame. This accolade recognizes her exceptional contributions and lasting impact on the Nigerian ICT sector. The induction ceremony was held during the 20th edition of the Titans of Tech Awards in Lagos over the weekend. The event was a grand celebration of innovation and excellence in Nigeria’s ICT industry, featuring an enchanting performance by the national dance troupe that set a vibrant tone for the evening. Mrs. Peters was one of two women among the…
Households in Nigeria are expected to spend large amounts of their earnings on basic items such as food and education over the next six months. This is according to a recent Central Bank of Nigeria (CBN) survey. The poll was conducted from July 22 to 26, 2024, with a response rate of 99.7 per cent with its sample size drawn from the National Bureau of Statistics (NBS) master sample list of 1,665 households. In its new Household Expectation Survey published on its website, the CBN said that many Nigerians intend to cut down on items that are not essential now, in…
The Titans of Tech Conference 2024 provided a dynamic platform for exploring the transformative power of technology across various sectors. With influential keynote speakers, thought-provoking panel discussions, and insightful presentations, the conference highlighted the ways in which technology is shaping Nigeria’s future. Here are the top 10 takeaways that encapsulate the key themes and innovations discussed at the event: 1. Revolutionizing Identity Management: The keynote highlighted advancements in digital identity infrastructure, emphasizing how advanced biometric systems can enhance national security and empower citizens. 2. Economic Impact of Technology: Technology significantly impacts various sectors, with ICT contributing 18.44 per cent to…
By Elvis Eromosele In a strategic move aimed at enhancing accessibility and boosting economic activity, the Lagos Metropolitan Area Transport Authority (LAMATA) is exploring a collaborative partnership with the National Theatre, now known as the Wole Soyinka Centre for Culture and the Creative Arts. The alliance is focused on exploring opportunities for joint efforts in transportation infrastructure development within the complex. The collaboration is poised to yield significant benefits for both institutions and the city at large. With three major rail lines – Blue, Red, and Yellow – converging at the National Theatre, the collaboration is poised to transform the…
The Nigerian Communications Commission (NCC) has directed the telecoms operators in the country to immediately reactivate all barred lines following widespread chaos. The statement signed by Reuben Muoka, Director Public Affairs, at the NCC read: “Over the weekend many telecom subscribers/consumers were unable to access their phone lines because of the inability of many telecom consumers to verify their National Identification Numbers (NINs) with their Subscriber Identification Modules (SIMs). This meant that their numbers were blocked by their telecom service providers in keeping with laws and policies of the NIN-SIM linkage. Telecoms consumers and the public will recall the compulsory…