Metro

CAC Extends Cost Reduction Of Business Registration Till March 31

CAC LOGO

The Corporate Affairs Commission, on Thursday, extended the period that those who want to register business names could enjoy cost reduction. The Commission stated that beyond slashing business name registration from N10,000 to N5,000, it has also extended the duration of the initiative till March 31. The government agency made the announcement on its Twitter handle, @cacnigeria1. Advertisement CAC said, “In an …

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CBN Makes First FOREX Intervention For 2019 Worth $210m

Monetary Policy Rate

The Central Bank of Nigeria on Friday made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019 with a sum of $210m. The CBN Director, Corporate Communications, Isaac Okorafor, said the wholesale sector of the market received 100 million dollars, while the Small and Medium Enterprises received $55m. Okorafor said another $55m was allocated to …

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Crude Oil Production Rises by 9%

Nigeria’s crude oil daily production recorded an upward swing of about 2.09 million barrels in 2018, translating to a nine per cent increment, compared with the 2017 average daily production of 1.86million barrels. Pitched against the low-level daily crude oil production in 2016 and what obtains now, Nigerian National Petroleum Corporation’s (NNPC) Group Managing Director, Dr. Maikanti Baru, said the …

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ASUU Talks Tough Ahead Of Friday Meeting With INEC

SSANU, NAAT

The Academic Staff Union of Universities, ahead of its Friday’s meeting with the Independent National Electoral Commission, has said that its ongoing seven-week strike is in the national interest. The National President of ASUU, Prof. Biodun Ogunyemi, who stated this in an interview with a national newspaper in response to the call on the union to call off the strike, …

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American Scientists Invent New Device To Treat Parkinson’s Disease

Scientists from University of California, Berkeley, have invented a wirelessly controlled neuro-stimulator that could provide fine-tuned treatments to patients with diseases like epilepsy and Parkinson. This is contained in a study that was published in Nature Biomedical Engineering in the U.S. UC Berkeley researchers worked out a wireless artefact-free neuromodulation device (WAND) that is able to listen and stimulate with an electric …

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Minimum Wage: FG Budgets N160bn For Civil Servants’ Salary Increase

Buhari

The Federal Government has budgeted a total of N160bn this year to take care of adjustments that may arise as a result of the planned increase in minimum wage. The amount is contained in the 2019 budget proposal which was submitted by President Muhammadu Buhari to the National Assembly. The 2019 budget has an estimate of N8.83tn made up of …

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FIFA Should Expand 2022 World Cup To 48 Teams If Possible, Infantino Says

FIFA should if possible increase the size of the football World Cup in Qatar in 2022 to 48 from 32 teams, the global governing body’s president Gianni Infantino has said. Last month, Infantino said a majority of national football federations were in favour of expanding the tournament and a decision was expected ahead of the qualifying draw in March. Infantino, …

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Tony Elumelu Foundation Opens Applications For 5th Cycle Of $100m Entrepreneurship Programme

The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 …

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5 Years of Spreading Luck – Everyone Needs a Little Help

Tony Elumelu UBA

In business the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work is paramount – and I have written extensively about the importance of working hard – history and my own experiences show that …

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MFM Founder, Olukoya Releases Prophesies For 2019

The founder and General Overseer of Mountain of Fire and Miracles Ministries (MFM), Dr. Daniel Olukoya, has released 31 prophecies for the year 2019. Olukoya, who tagged 2019 as “Year of supernatural ease and double honour”, urged Christians to be spiritual and have violent faith. The cleric also called on Christians to pray for Nigeria daily. Here are the prophecies …

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