December 2019

Dangote To Renovate MKO Stadium, Abuja

Nigeria’s top philanthropists and Business moguls, Aliko Dangote and Chief Keshington Adebutu have promised to renovate the MKO Abiola Stadium, Abuja and Lagos National Stadium.

This was revealed by the Minister of Youth and Sports, Sunday Dare, at the just concluded “Adopt Campaign” initiative held at Civic centre, Lagos.

The campaign, which was categorised into two “Adopt a pitch” and “Adopt a sports centre” saw the minister showing gratitude to Dangote and Adebutu who showed huge concern towards the adoption of the decayed stadiums.

The minister said Dangote has vowed to give the Moshood Kashimawo Abiola (MKO) National Stadium …

Why Ize-Iyamu May Not Replace Obaseki In Edo

Nseobong Okon-Ekong writes that the botched Mega Rally in Benin City to announce the entry of Pastor Osagie Ize-Iyamu into the All Progressives Congress may have unintentionally strengthened the hand of Governor Godwin Obaseki of Edo State

Majority of the people who thought Governor Godwin Obaseki of Edo State was weak and cowardly have been forced to have a rethink since the enduring standoff between him and predecessor and National Chairman of the All Progressives Congress (APC) began. What is becoming clearer by the day is that Obaseki is not a pushover who could be tossed around by a political …

CIMA Harps On Digitalisation

The Chartered Institute of Management Accountants (CIMA), Nigeria, recently celebrated its 100 years anniversary with the launch of a new initiative known as, ‘Future of Finance.’

The initiative is expected to help reshape the accounting profession by digitalizing its activities so as to remain relevant in the future.

The initiative was expected to help transform the role of finance and the finance function.

Speaking at a dinner held in Lagos, to mark the milestone, some members who had contributed to the growth of the body in Nigeria, were recognised.

CIMA President, Mr. Amal Ratnayake, said, “It is a privilege to …

Olomola: Finance Bill Sets Nigeria To Attract Investments

Partner and Head, Deal Advisory and Tax Services, KPMG Nigeria, Mr. Ajibola Olomola, in this interview on Arise Television, provides insights on the Finance Bill 2019. Peter Uzoho presents the exerpts:

What’s is the Finance Bill all about and how is it differ from the current tax legislation?

The Finance Bill 2019 is epochal. It is significant that Nigeria is beginning to join the league of nations that moderate their economy by use of fiscal instruments such as the Bill of this nature which makes changes to try to align the micro-economy with the macro-economic direction of the federal …

African Alliance Insurance Assures On Customer Satisfaction

Ebere Nwogu life insurance underwriter, African Alliance Insurance, said it has stabilised its business to earn positive reviews from the insuring public.

The company’s Managing Director, Mrs. Funmi Omo, while addressing journalists at a parley organised by the company in Lagos, said African Alliance, has made giant strides in less than two years she took over the management of the company.

She restated the management’s commitment to sustaining the upward growth trajectory across all metrics.

“Ours is a business that has seen it all and survived it all. Our position in just two years compared to now is testament to …

Group Sets 2020 Agenda For FG, States

Reduction in cost of living, improving compliance to regulations and entrenching transparency in the management of public affairs, are part of major issues Nigerians expect government at all levels to address in 2020.

At the Fifth Regulatory Conversation organised by the Convention on Businesses Integrity (CBi) with the theme: “National Integrity Barometer: A Roadmap for 2020,” participants from both public and private sector, said those issues were critical to the development and stability of the country.

The programme was in partial fulfilment of the CBi’s initiatives under the …

EKSU SUG To Management: Review The Sack Of Over 900 Staff

Students of Ekiti State University, (EKSU) have expressed displeasure over the recent sack of over 900 staff by the Governing Council of the university and called for an urgent review of the exercise in order: ” to save their future “.

The students further lamented that they stand to bear the brunt of the university’s action.

In a press release by the university’s Students Union Government (SUG), signed by its President, Comr. Gbedero Habeeb Oluwaseyi, and made available to newsmen on Monday, the union anchored its reactions on some observations they described as already posing threats on them since the …

Stanbic Named Among Top 10 Brands

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings Plc has been named among the ‘Top 10 Brands Making a Difference in Nigeria.’

The first-ever Nigeria corporate social responsibility (CSR) and sustainability ranking 2019 recently released by TRUCSR revealed that Stanbic IBTC Bank emerged number 10 on the list of Top 50 Brands. The Top 50 list is made up of companies from diverse sectors such as banking, oil and gas, FMCG, telecomms, power, Pay TV, tech, non-governmental organisation and health, who are investing in highly impactful CSR and sustainability programmes.

The criteria used to adjudicate the ranking included participation …

Tennis In 2019: Nadal On Top

Rafael Nadal finished the season on top of the world to give the men’s rankings a familiar look but a new crop of women is showing the old guard can be overthrown.

The Spanish world number one and Novak Djokovic won two Grand Slams each in 2019, holding Father Time and their young rivals at bay for another year.

But Ashleigh Barty and teenager Bianca Andreescu were two new faces on the list of women’s Major winners as familiar names slipped from view.

AFP Sport looks at some of the big talking points of the season.

Can Nadal stay on …

Zidane And Valverde To Meet In Clasico Battle

Zinedine Zidane and Ernesto Valverde might have been fearing for their jobs if they had lost a Clasico back in October but its postponement means that on Wednesday they can face each other feeling more secure.

Stalling in the autumn, Real Madrid and Barcelona have rolled through the gears in the lead-up to Christmas, meaning the winner of Wednesday’s crunch meeting at Camp Nou will move seven points clear of third place.

More importantly, in what increasingly looks like a two-pronged title chase, the winner will pull three ahead of the loser, with one round Liga matches left before the

Klopp Laments Timing Of Club World Cup

Jurgen Klopp insists Liverpool are fully focused on winning this week’s Club World Cup ahead of their semi-final against Monterrey of Mexico but hit out at the timing of the competition and questioned FIFA’s plans to expand the tournament in future.

“We are here now and we are completely focused on it, but if you had asked me beforehand if I think that there should be a Club World Cup in the middle of our season, I would say no, in my honest opinion,” Klopp told journalists at the Khalifa International Stadium in Doha, where Liverpool face Monterrey on Wednesday.