Business – Page 18 – Eavesdropper online

09 Aug

TACN Sets Retirement Age for Ministers at 75

Esther Komolafe0 CommentsBusiness

The Apostolic Church Nigeria (TACN) has announced a new retirement age for ministers, pegging it at 75 years. This decision was made during the 48th Annual LAWNA International Convention held on August 4, 2024, at Olorunda-Ketu. The church's leadership, led by Pastor Sampson Igwe, has been working towards implementing a retirement policy for ministers, a move initiated by the late Pastor Gabriel Oladele Olutola. A 7-man Retirement Implementation Committee was inaugurated to oversee the process, chaired by Pastor A.B. Geoffrey. The committee will ensure a smooth transition and enforce the new retirement age policy. This development marks a significant…

25 Jul

Nigeria’s Insecurity: A Call to Embrace Security Technology

Esther Komolafe0 CommentsBusiness, Technology

Despite the country's precarious security situation, Nigerians have yet to fully adopt globally recognized security engineering technology to combat crime and protect lives and assets, according to Dr. Mustapha Kazeem Lusty, a prominent security engineer. In an exclusive interview with People's Forum Magazine/Online, Dr. Lusty, Managing Director/CEO of Kontz Engineering Limited, highlighted the mindset of a typical Nigerian when faced with insecurity. He noted that most people turn to spiritual powers, prayer, or physical security measures, such as policemen, rather than technology. Dr. Lusty emphasized that security engineering technology can empower individuals to monitor and control their environment, receiving…

23 Jul

UN, Colombia University, New York Sets To Headline ASIS 2024 In Lagos Nigeria

Esther Komolafe0 CommentsBusiness

The Africa Social Impact Summit (ASIS) 2024 is poised to be a landmark event, featuring esteemed leaders from the United Nations, Columbia University, and Sterling One Foundation. The summit, scheduled for July 25-26 at the Eko Convention Centre in Lagos, will convene under the theme "Reimagining Progress: A New Blueprint for Sustainable Growth in Africa." Amina Mohammed, Deputy Secretary-General of the United Nations, and Jeffrey Sachs, renowned economist and Director of the Center for Sustainable Development at Columbia University, will headline the event. Their expertise in sustainable development, global economic development, and poverty alleviation will provide a framework for discussions…

06 Jan

FCCPC Fine, BAT Maintains Its Ground

Esther Komolafe0 CommentsBusiness

Going by the recent reports from the Federal Competition and Consumer Protection Commission (FCCPC) ,British American Tobacco Nigeria (BATN) clarifies its position as thus:. BAT remains committed to operating in compliance with the laws of Nigeria. In December 2022, the FCCPC entered into a consent order, terminating the mentioned investigation and associated proceedings. British American Tobacco (Nigeria) Limited and British American Tobacco Marketing (Nigeria) Limited have made payments to settle the penalty. BAT previously disclosed the investigation mentioned by the Nigerian Federal Competition and Consumer Protection Commission (FCCPC) in its year-end 2022 Annual Report and most recently in the Half-Year…

21 Oct

Behold The Substantive CG of Nigeria Customs Service, Adewale Adeniyi

Esther Komolafe0 CommentsBusiness

His Excellency President Bola Ahmed Tinubu, GCFR, has approved the confirmation of the appointment of Bashir Adewale Adeniyi (MFR) as the Comptroller-General of the Nigeria Customs Service. This information was contained in the press statement released to the media by the Willie Bassey Director of Information for the Secretary to the Government of the Federation. According to the letter, the appointment takes effect from 19th October, 2023 and his tenure is in accordance with the extant provisions of the Public Service Rules (PSR). The President tasks him to bring his wealth of experience to bear on his new assignment.

16 Aug

Ag CGC Strives for Partnership with Oyo State to fight Smuggling

Esther Komolafe0 CommentsBusiness

In the ongoing movement for the formation of New Customs , the acting Comptroller of Nigeria Customs Service Adewale Bashir Adeniyi has paid a courtesy visit to Oyo State Government in order to earn full support through strategic partnerships for the service in the fight against smuggling. The CGC and his management team was received by the Deputy Governor of the State , His Excellency Adebayo Lawal into the state house on Monday the 14th of August 2023, in Ibadan, Oyo state. The CGC noted that the purpose of his visit to the state Government as to seek partnership between…

05 Apr

Western Marine Commands of NCS Gets Four New Boats

Esther Komolafe0 CommentsBusiness

In addition to the existing combat weapons the Western Marine Command of the Nigeria Customs Service has received four new boats to confront the die hard smugglers on the waterways. Also recorded to his credit in the first quarter of the year 2023 was the amount of N110.2 million being Duty paid Value from 15 incidents of Seizures. The Customs Area Controller (CAC), Comptroller Oduadu Salefu disclosed this during a press briefing in the command conference room on Tuesday in Lagos. The CAC revealed that a total of seven boats have been procured by the command, while its…

05 Apr

SEME Customs Command Seeks Review of Government Policy as its Records Shortfall of 23%

Esther Komolafe0 CommentsBusiness

........Hands over The Seized Fake Dollars to EFCC The Nigeria Customs Service SEME Border Command generated a total sum of Three hundred and fifty-one Million , Ninety-Nine thousand , five hundred and Firty-one Naira , seventy-one kobo (N350,099,541.71)with a short fall of One hundred and five million,Ninety-Five Thousand, Seven hundred and Eight Naira, seventy-six kobo (N105,095,708.76) to the corresponding year of 2022. During the briefing the Controller in charge of the Command Comptroller Dera Nnadi also handed over the fake seized 6Million dollars to the Economic and Financial Crimes commission EFCC at the Command conference room yesterday at…

12 Mar

SON Tops PEBEC List in Ease Of Doing Business In Nigeria

Esther Komolafe0 CommentsBusiness

The Presidential Enabling Business Environment Council (PEBEC) has announced Standard Organizations of Nigeria SON as number one foremost government agency amongst the rest who has performed excellently by efficiently promoting and facilitating transparency in business environment inside Nigeria. This achievement was brought to the fore in the PEBEC 2020/2021 Business Made Easy Report and the 2021 Executive Order 1 compliance report published recently. According to the Special Adviser to the President on the Ease of Doing Business and Secretary, PEBEC, Dr. Jumoke Oduwole. The published report is in line with the Council’s commitment to continuously measure compliance to the…

09 Feb

SON Launched MEPS Workshop To reduce Energy Consumption

Esther Komolafe0 CommentsBusiness

The Standards Organisation of Nigeria (SON) in collaboration with Sustainable Research and Action for Environmental Development (SRAD eV Nigeria) on behalf of CLASP USA has launched the first of its kind inception workshop on MInimum Energy Performance Standard (MEPS) to eradicate energy consumption in Nigeria. The event took place at Ibis Hotel in Ikeja Lagos State. The Director-General/ Chief Executive of SON Mallam Farouk Salim expressed gratitude in his keynote address to the experts, professionals, various stakeholders present for the formulation and development of an important draft performance standard on the lighting products. The Director General was represented by…