Author: Newsjaunts
The Founder of Exambeta who doubles as the Co-Founder of Betaprep Africa (an Edtech startup), Abiodun Sijuade, has advised the school owners, CEOs, and business heads not to make the work environment and most especially school environment a toxic one for their staff amidst the current economic situation of the country.Sijuade gave this advice during a business discussion session with our correspondent in Abeokuta the state capital of Ogun State.He urged the owners of various private educational and training institutions, CEOs and founders of Edtech companies, and general business heads to do all in their might to make sure that…
President Bola Tinubu @officialABAT has sent his goodwill message to frontline businessman and philanthropist, Alhaji Abdulsamad Rabiu, founder of BUA Group @BUAgroup and the Abdul Samad Rabiu Africa Initiative (ASR Africa) on the occasion of his 63rd birthday anniversary.President Tinubu praised the entrepreneurial ingenuity of the renowned industrialist and his abiding faith in Nigeria. He further extolled the many huge investments that the BUA Group owner has made across critical sectors of the economy through which he has created thousands of jobs for Nigerians.The Nigerian leader used the opportunity of the industrialist’s birthday to also eulogise Alhaji Abdul Samad for…
The South-South Youth Solidarity Group has applauded President Bola Ahmed Tinubu for including the former Zamfara State Governor, Bello Muhammad Matawalle in the second ministerial nomination list, describing it as the wisest choice. The Solidarity Group which said it was initially alarmed when the Matawalle’s name was missing from the first list, said however, that they are now reassured of the President’s commitment to inclusive governance. A statement by the Group’s Secretary General, Ekanem Cyrus said Matawalle’s nomination has proved that the quality of Tinubu’s appointees in terms of competence, capability and fitness for purpose would enable Nigerians to know the actual…
The Northern Elders Forum (NEF) has dissociated its from a publication credited to Dr Hakeem Baba Ahmed, the Director of Publicity of the NEF, titled, “Advise To The Tinubu Administration” and dated 31 July 2023. The group distanced itself from the publication and all itsramifications in a statement signed by the Director General of the NEF, Prof. Doknan DD Sheni, OON. Consequently, the NEF categorically stated that the said “write up and the contents were not the views of the Directors of the Northern Elders Forum (NEF), and therefore does not represent the views of NEF on the Administration.”The statement reads: “The attention…
The 2023 Nestlé Sustainability training themed ‘Nestlé Advancing Nutrition, Health and Environmental Awareness Through the Media’ delivered annually by the Lagos Business School Sustainability Centre (LBSSC) came to a close with an in-person session on July 26th – 28th 2023. The three-week intensive programme for journalists and media practitioners working on the thematic areas of nutrition, health, and environment was an exposition on data analysis, sustainability trends and solution journalism. It equipped the media professionals with a profound understanding of the relationship between the environment and food systems which is needed to enhance their ability to communicate to the Nigerian…
Our attention has been brought to various false allegations published against BUA Group on some online platforms.BUA Group categorically refutes the baseless allegations of illicit forexdealings with the Central Bank of Nigeria (CBN) from January to March 2016. These accusations, propagated online by Mr. Desmond Ike-Chima and Mr. Oliver Fejiro of ENigeria News andSecretReporters respectively, are false and entirely unfounded.These individuals, known for their Alledgedinvolvement in cyberstalking, blackmail, and defamation, have faced previous arrests (see news reports attached) for such misconduct, casting a dark shadow over their credibility.We emphatically state that neither BUA Group nor the Chairman of the Group,…
The Abdul Samad Rabiu Africa Initiative (ASR Africa) has commenced the construction of a 2,000 square meters Career and Renewable Natural Resources Center at the University of Ibadan. The center will provide counseling and career support to students of the university and explore the potential of cleaner energy solutions for the institution. This comes barely three days after the groundbreaking of a Student Affairs Center comprising a sports center, Information & Communication Technology (ICT) hub, administrative offices, and a 1,000-student capacity amphitheater at the Nnamdi Azikiwe University, Anambra State by ASR Africa.Both projects, drawing from the N1 billion grant to…
In recent developments, the Council of Maritime Transport Unions and Associations (COMTUA) has encountered a dispute with some of its founding unions. The Maritime Workers’ Union of Nigeria (MWUN), Container Truck Owners Association of Nigeria (COTOAN), and the Nigerian Association of Road Transport Owners (NARTO) previously resigned from the collaboration, only to later claim that they have dissolved it. However, COMTUA declares their actions null and void.COMTUA, established through the collective efforts of multiple unions, aimed to represent the interests of maritime transport owners and operators. The collaboration’s success relied on the seamless cooperation and dedication of these founding unions.…
The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic IBTC Bank over the bank’s failure to complete a transfer request for a customer.In a split decision of two to one, the tribunal convicted the bank for contravening the provisions of Section 130(1)(a) of the FCCP Act, 2018 and Section 5(2)(8) and (9) of the Central Bank of Nigeria Regulation on Instant Interbank Electronic Transfers.The tribunal said the fine was imposed due to the bank’s failure to comply with the 10 minutes or at most one hour mandatory timeline for…
Lagos, Nigeria – The Financial Technology Report, a global media authority in the fintech industry, has recognized the Interswitch Group Founder and CEO, Mitchell Elegbe, as one of the top Fintech CEOs for 2023, alongside other industry titans including Dan Schulman, CEO of PayPal, Ryan McInerney, CEO of Visa, and Michael Miebach, CEO of Mastercard. This distinctive achievement underscores Elegbe’s exceptional leadership and Interswitch Group’s ever-evolving and groundbreaking contributions to the revolutionisation of the financial technology landscape in Nigeria and Africa. The report recognises esteemed leaders whose roles in the financial technology space, both regionally and globally, continue to redefine…