Sunday, February 23, 2020

Mayowa Tijani

    Transcorp, Flutterwave, Access… five Nigerian companies nominated for Africa CEO awards

Transcorp, Flutterwave, Access… five Nigerian companies nominated for Africa CEO awards

Four Nigerian companies have been nominated for the Africa CEO Forum awards for the year 2020. The awards which are scheduled to hold at  Sofitel Abidjan Hotel Ivoire, Abidjan, Côte d’Ivoire from March 9 to 10 is in partnership with Mazars, a global audit, accounting and consulting group. The Africa CEO Forum awards will, for the eighth year in a row, recognise [...]

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    Tony Elumelu, Nigeria’s gender outlier, takes women to the top

Tony Elumelu, Nigeria’s gender outlier, takes women to the top

In 2017, the World Economic Forum (WEF) stated via its Global Gender Gap Report that it would take the world another 170 years for it to attain gender equality. The global think tank added that equality for women in the labour force would add $28 trillion -- more than 50 times Nigeria’s gross domestic product (GDP) -- to the global [...]

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    ‘Vaccinated almost a billion children, spent $53.8bn’ — Bill, Melinda reflect as Gates Foundation clocks 20

‘Vaccinated almost a billion children, spent $53.8bn’ — Bill, Melinda reflect as Gates Foundation clocks 20

The Bill and Melinda Gates Foundation is 20 years old.  On Monday, Bill and Melinda Gates share their 2020 annual letter, “Why We Swing for the Fences: Reflecting on the First Two Decades of Our Foundation.” The letter revealed how the foundation spent $53.8 billion and helped get vaccines to more than 760 million children and prevented 13 million deaths -- via the [...]

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    Visa ban: Don’t punish Nigerians for the failure of Buhari’s govt, Atiku tells Trump

Visa ban: Don’t punish Nigerians for the failure of Buhari’s govt, Atiku tells Trump

Atiku Abubakar, former vice-president, has called on President Donald Trump not to punish Nigerians for the shortcomings and failure of the Muhammadu Buhari-led administration. Reacting to the immigrant visa ban placed by the United States on Nigeria, the former presidential candidate of the People Democratic Party (PDP) said Nigeria has been a major force for America's development. "I received with sadness the [...]

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    US invites Nigerian team to discuss good governance in DC — after visa ban

US invites Nigerian team to discuss good governance in DC — after visa ban

The United States Department of State has invited Geoffrey Onyeama, minister of foreign affairs and an interagency, delegation to Washington DC to discuss trade, security and good governance. The invitation was made public less than 24 hours after the Donald Trump-led administration placed an immigrant visa ban on Nigeria. According to the media note shared by the US Department of State, "on February [...]

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    PROFILE: The serial record-breaker who would be CBN’s deputy governor

PROFILE: The serial record-breaker who would be CBN’s deputy governor

One Nigerian has been part of the day-to-day running of one of the world's biggest international lenders, the International Monetary Fund (IMF), and at the same time representing 23 African countries at the Bretton Woods institution -- while advising his country's president and central bank governor. Guess who? Kingsley Isitua Obiora.  On Thursday, President Muhammadu Buhari nominated Obiora as the [...]

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    SNAPSHOT: State of the Nigerian economy on the first trading day of 2020

SNAPSHOT: State of the Nigerian economy on the first trading day of 2020

This is the year 2020 we spoke of many years ago -- the year Nigeria set to be one of the top 20 economies in the world. President Muhammadu Buhari and his party, the All Progressives Congress (APC), have promised a better year for Nigerians. Before we get into the thick of 2020, TheCable takes a look at the state of [...]

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    TheCable names Stella Adadevoh as ‘Nigerian of the Decade’

TheCable names Stella Adadevoh as ‘Nigerian of the Decade’

Samuel Ajayi Crowther. Herbert Macaulay. Nnamdi Azikiwe. And then Stella Ameyo Shade Adadevoh. This is one of the richest bloodlines in Nigeria's history, but we would never have known. Nothing links the names. One was a clergyman, the second an engineer, and the third a journalist. We would really not have known if Adadevoh had not earned her stripes all by herself. [...]

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    NITDA kicks as LIRS publishes private data of Lagos taxpayers

NITDA kicks as LIRS publishes private data of Lagos taxpayers

On Friday, the Lagos State Internal Revenue Service (LIRS), published the names, residential addresses, phone numbers, e-mail addresses and private data of taxpayers in the state. TheCable accessed the website, where the private data of any tax-paying individuals and companies in the state could be seen. This is against the Nigeria Data Protection Regulation (NDPR) 2019, which stipulates that such information be kept [...]

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    To pay 13th-month salary, still using his private car — 7 lessons from Seyi Makinde’s media chat

To pay 13th-month salary, still using his private car — 7 lessons from Seyi Makinde’s media chat

Seyi Makinde, governor of Oyo State, had his quarterly media chat in Ibadan, the state Capital, on Friday night, where he promised that the state workers will get a 13th-month salary on Dec 28, 2019. Makinde's government was said to have paid December salary on the 16th, to help civil servants prepare for Christmas. TheCable brings you the top seven issues Makinde [...]

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    ’40km/h just for test run’ — Lagos-Ibadan trains to move faster by 2020

’40km/h just for test run’ — Lagos-Ibadan trains to move faster by 2020

The Lagos-Ibadan train service may move at a maximum speed of 150kilometres per hour upon completion in April 2020, TheCable understands. TheCable took a trip on the train on December 5, 2019, where we established that the train was currently being tested at an average speed of 40 kilometres per hour -- moving from Iju, Lagos to Ologuneru, Ibadan (a distance [...]

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    Dangote, Gates, NAFDAC plan to achieve 90% food fortification in Nigeria by 2020

Dangote, Gates, NAFDAC plan to achieve 90% food fortification in Nigeria by 2020

Aliko Dangote, president of Dangote Group, says food producers in Nigeria are working with the government to hit a compliance level of 90 percent for food fortification by 2020.  Speaking at the second annual Nigeria Food Processing and Leadership Forum in Lagos on Monday, Dangote, who chaired the forum, said since the first meeting in July 2018, the food producers have [...]

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    Does President Buhari play chess?

Does President Buhari play chess?

It's been long you saw me, I apologise for my long absence in this phase of my career. If you've been close enough, you'd notice I have invested some time and energy into battling misinformation via fact-checking on a continental scale. But today, I would love us to walk through the mind of President Muhammadu Buhari, and see if we [...]

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    IN PICTURES: What you need to know about Lagos-Ibadan trains

IN PICTURES: What you need to know about Lagos-Ibadan trains

The very first train ride from Lagos to Ibadan was taken in the early 1900s by the British government ruling in today’s southern Nigeria at the time.  By 1964, the rail lines had transported 11,288,000 passengers and 2,960,000 tonnes of freight in a year, employing about 45,000 people, according to the Nigerian Railway Corporation (NRC). By 2003, these rail lines had [...]

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    REPORTER’S DIARY: ‘Be at the station 3 hours before take-off’ — welcome to the new Lagos-Ibadan train test-run

REPORTER’S DIARY: ‘Be at the station 3 hours before take-off’ — welcome to the new Lagos-Ibadan train test-run

After beating Lagos traffic, I finally arrive at a place Google Maps called Iju Train Station -- it looked nothing like a train station. To the right was a middle-aged woman selling adequately roasted plantain, popularly known as boli. To my left were well-arranged tricycles, gently scouting for passengers. Soft work.  There were no signs of rail tracks, but in the [...]

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    Ooni of Ife, Sanwo-Olu to attend DIAL Awards

Ooni of Ife, Sanwo-Olu to attend DIAL Awards

Enitan Ogunwusi, the Ooni of Ife, and Ibijoke Sanwo-Olu, wife of the Lagos state governor, will be attending the maiden edition of the Disability Inclusion Dialogue Series and Disability Inclusion and Leadership (DIAL) Awards. The DIAL Awards is being put together by Project Enable Africa, a non-governmental organization providing transformational IT skills to persons with disabilities in Nigeria, in Collaboration with Hacey [...]

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Exchange Rates

February 04, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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