The Atlanta Black Chambers (ABC) has announced the appointment of Samuel O. Adeyemi as the Communication Lead for the Chamber’s Global Opportunity Committee. As the Communication Lead for the Global Opportunities Committee (GOC) at the Atlanta Black Chambers (ABC), he would spearhead the global communication efforts of the Committee aimed at fulfilling the ambitious 10-year objective of reaching $100 billion in global transactions for Black businesses. He will be responsible for developing and implementing public relations strategies, managing media relations, handling crisis communication, and overseeing brand management to enhance the GOC’s reputation and maintain positive relationships with the media, stakeholders,…
Author: Elvis Eromosele
By Elvis Eromosele Two sisters, year 5 and 3 were playing behind my resident. The younger one who was drinking pure water started pouring some away, like children are prone to do. And I heard the older sister rebuke her, “Stop it, don’t you know Nigeria is hard?” it was startling and unsettling to realise that children are no longer immune from inflationary pressure. It is no longer news that Nigerians are facing tough economic times. Recent government decisions like removing fuel subsidies, devaluing the Naira, and now eliminating electricity power subsidies have caused a lot of stress for businesses…
The government of Nigeria has declared Tuesday and Wednesday, April 9 and 10, 2024, as public holidays to mark the Eid-el-Fitr celebration. Olubunmi Tunji-Ojo, Minister of Interior, disclosed this in a statement on Sunday by the ministry’s permanent secretary, Aishetu Ndayako. The minister congratulated all Muslims for the successful completion of the fasting in the holy month of Ramadan. Tunji-Ojo called on them to imbibe and practise the virtues that entail kindness, love, tolerance, peace, good neighbourliness, and compassion, as exemplified by the Holy Prophet Muhammad (Peace be upon Him). The statement read, “The Federal Government of Nigeria has declared…
The Nigerian Federal Government, through the National Identity Management Commission, NIMC, in collaboration with the Central Bank of Nigeria, CBN and the Nigeria Inter-bank Settlement System (NIBSS), has launched an innovative identity solution with payment functionality for all types of social and financial services. Kayode Adegoke, Head, Corporate Communications at NIMC, disclosed this in a statement on Friday. He explained that AfriGO will power the National ID card, layered with verifiable National Identity features, and is backed by the NIMC Act No. 23 of 2007. According to NIMC, the card will address the demand for physical identification, enabling cardholders to…
Dr. Tunji Olowolafe, newly appointed Chancellor of Ekiti State University, has announced the launch of a groundbreaking N1 billion Innovation Fund aimed at empowering agro-tech enterprises founded by the university’s students and graduates. In a rousing address at the 28th convocation of the Ekiti State University, which took place on April 3 and 4, 2024, Dr Olowolafe while congratulating the graduands and the institution, unveiled the bold initiative, stressing that it underscored the urgent need to drive innovation and enterprise in agriculture to bolster food security across Nigeria. Dr Olowolafe thanked the Visitor of the University and Governor of Ekiti…
Manufacturers and organized labour in Nigeria have strongly criticized the government’s recent decision to raise electricity tariffs. The Nigerian Electricity Regulatory Commission (NERC) recently announced a significant hike in tariffs for Band-A Customers, which make up about 15 per cent of the nation’s power users. These customers, who were promised up to 20 hours of daily supply, will now have to pay N225 per kilowatt-hour (kWh), marking a substantial 240 per cent increase from the previous rate of N68/kWh. This move has sparked widespread opposition from both manufacturers and organized labour. The Nigeria Labour Congress (NLC) and the Trade Union…
Nigeria Breweries has revealed plans to raise up to N600 billion through a rights issue to address challenges posed by the Naira devaluation and high borrowing costs. Uaboi Agbebaku, the Company Secretary of Nigerian Breweries, disclosed this in a notification sent to the Nigerian Exchange Ltd. (NGX) in Lagos. Mr Agbebaku stated that the aim was to strengthen its balance sheet and reduce debt burden highlighted by a net loss of N106 billion in 2023. He noted that the decision was reached at a specially convened meeting of the Board of Directors of the company held on Tuesday. He explained…
The Federal Government has declared Wednesday, May 1, 2024, as a public holiday to mark this year’s Workers’ Day. This declaration was contained in a statement issued Tuesday in Abuja by Dr Aishetu Gogo Ndayako, the Permanent Secretary in the Ministry of Interior, on behalf of the minister, Dr Olubunmi Tunji-Ojo. Dr Tunji-Ojo, who made the declaration on behalf of the Federal Government, re-iterated the need for excellence, efficiency and equity in all spheres of labour, re-affirming the President Bola Ahmed Tinubu’s administration’s commitment to fostering a culture of innovation, productivity, and inclusivity in the workplace. He said; “In alignment…
The Nigeria Data Protection Commission (NDPC) has said it is investigating over 400 cases of privacy breaches involving digital loan companies also known as loan sharks in Nigeria. The commission disclosed this in a report titled, “Nigeria Data Protection Annual Report 2023”. According to NDPC, they are working with regulators to sanitise the digital lending space. The report stated: “Under Joint Enforcement and Regulatory Taskforce (JERTF), we are collaborating with regulators to sanitize the digital lending space. “For instance, the Federal Competition and Consumer Protection Commission (FCCPC) requires lending companies to obtain data protection clearance from NDPC before operation. “NDPC…
Millions of people in Nigeria lack reliable electricity, hindering education, healthcare, and economic prospects, especially in remote areas. However, decentralized renewable energy (DRE) offers hope. These localized systems bypass traditional grid limitations and provide clean, reliable, and affordable electricity where it’s most needed. REAN, a body of Nigerian renewable energy professionals, is leading the campaign, with the support of All-On an organization on a mission to increase access to commercial energy products and services for underserved and unserved off-grid energy markets in Nigeria. Recognizing DRE potential, they collectively aim to raise awareness, advocate for policy changes, and attract investment. Their…