COVID-19: Nigeria’s Broadcast Stations May Close Shop, Says BON

BusinessCoronavirusCOVID-19: Nigeria’s Broadcast Stations May Close Shop, Says BON

Ibrahim Abdul' Aziz (Correspondent)July 19, 2020

By all indications, the financial burden heaped on the broadcasting industry by the outbreak of the COVID-19 pandemic may result in the closure of a vast number of broadcast operators in Nigeria. The chairperson of the Broadcasting Organization of Nigeria (BON), Hajiya Sa’a Ibrahim, during a media interactive session organized by NUJ Kano state council , said broadcast stations have recorded dwindling revenue generation which has further incapacitated the stations from exercising their financial responsibilities...

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Kogi Govt. Directs Own Media to Cover MDAs at Minimal Costs

BusinessPress * MediaKogi Govt. Directs Own Media to Cover MDAs at Minimal Costs

PilotnewsJuly 18, 2020

Kogi Government on Saturday directed its owned media organisations to cover the activities of the state’s Ministries, Departments and Agencies (MDAs) at reduced costs. The State Commissioner for Information and Communications, Mr Kingsley Fanwo, who gave the directives during a meeting with the management of state media organisations in Lokoja, said the directives were to enable the MDAs to project more of government programmes and activities to the people. Fanwo stressed that the management of...

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Nigeria Government Inaugurates WTO Campaign Team for Okonjo-Iweala

BusinessNewsNigeriaNigeria Government Inaugurates WTO Campaign Team for Okonjo-Iweala

Bada Yusuf Amoo (Correspondent)July 17, 2020

The Federal Government on Thursday inaugurates a campaign team to develop strategies for Dr. Ngozi Okonjo-Iweala as she prepares to contest for the position of Director-General of the World Trade Organization. The campaign strategy team was inaugurated in Abuja by the Minister of Industry, Trade and Investment, Richard Adebayo. The minister says it is vital to inaugurate the campaign team to ensure that the Nigerian candidate emerged as the DG of the WTO. The minister...

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How Gokada’s CEO Was Trailed and Murdered by a Masked Person – Police

BusinessLifestyleNewsHow Gokada’s CEO Was Trailed and Murdered by a Masked Person – Police

Adeola Oladipupo (Correspondent)July 15, 20201

Investigators and witnesses have revealed more details about how a victim identified as Fahim Saleh, co-founder and CEO of Gokada, a Lagos-based motorcycle hailing technology startup company, was discovered brutally murdered in his condominium on Manhattan’s Lower East Side in New York on Tuesday. Mr Saleh’s sister found his body dismembered with a chain saw when she decided to go check on him after she did not hear from him for a whole day, according...

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Access Bank to Acquire 100% Stake in Zambian Bank

BusinessInvestingNewsAccess Bank to Acquire 100% Stake in Zambian Bank

PilotnewsJuly 9, 2020

Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its Company Secretary. It said the acquisition plan would be consummated through its Zambian subsidiary, Access Bank Zambia Limited. “Access Bank has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc, regarding a potential transactions...

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Local Contractors Seek Buhari’s Intervention on Payment

BusinessNewsLocal Contractors Seek Buhari’s Intervention on Payment

PilotnewsJuly 8, 2020

Local contractors in the country have appealed to President Muhammadu Buhari to intervene and see to the payment of contracts they executed in various Ministries, Department and Agencies (MDAs) of government. The contractors under the auspices of Local Contractors of Nigeria (LCN) made the appeal in Abuja on Tuesday during a press briefing. Publicity Secretary of the group Mr Dandy Rowland who addressed the press on behalf of the chairman said that over 5,000 contractors...

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How I Work: Harrison Obiefule, Digital Communications Strategist, Amplify Digital

BusinessLifestyleNewsHow I Work: Harrison Obiefule, Digital Communications Strategist, Amplify Digital

PilotnewsJuly 7, 2020

In 2018, Harrison Obiefule decided to switch careers from broadcasting to digital marketing, following his friend’s advice. That move turned out to be one of his best decisions. Less than two years in, Harrison has scaled up considerably in the industry and has begun to make a name for himself. He talks about his career transition, life as a digital communications strategist, working from home during a pandemic, and more on this week’s How I...

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Chike-Obi Emerges Fidelity Bank Chairman as Ebi Retires

BusinessNewsChike-Obi Emerges Fidelity Bank Chairman as Ebi Retires

PilotnewsJuly 7, 2020

Fidelity Bank Plc. on Sunday announced the appointment of Mr Mustafa Chike-Obi as the Chairman of the bank. Chike-Obi, who is currently Executive Vice Chairman at Alpha African Advisory, has over 40 years of experience in investment banking and the financial services sector. In a statement in Lagos, Fidelity Bank said that Chike-Obi’s appointment followed the retirement of Mr. Ernest Ebi as its Chairman, Board of Directors. It noted that Ebi and Mr. Seni Adetu, who had...

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N-Power: 109,823 Beneficiaries Now Business Owners – Minister

BusinessNewsNigeriaN-Power: 109,823 Beneficiaries Now Business Owners – Minister

PilotnewsJuly 4, 2020

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, says no fewer than 109,823 beneficiaries of the N-Power Programme are now business owners. Farouq, in a statement on Saturday in Abuja by her Special Assistant on Strategic Communication, Mrs. Halima Oyelade, said the beneficiaries of Batch A and B of N-Power have established businesses in their communities. “Statistics like this give me joy and once again, I want to say...

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Flights Resumption: FAAN Assures Passengers of Safety Measures in Place

BusinessNewsTravelFlights Resumption: FAAN Assures Passengers of Safety Measures in Place

PilotnewsJuly 3, 2020

The Federal Airports Authority of Nigeria (FAAN) has reaffirmed its commitment toward curtailment of COVID-19 pandemic as domestic flights resume on July 8. Mr Sani Mahmud, FAAN Regional General Manager, North-Central, made this known while receiving face shields from the Universal Disaster Recovery Foundation (U-DIREF) in Abuja. U-DIREF is a Nigeria-based Non-Governmental Organisation (NGO) registered in 2019 to provide humanitarian services to victims of disasters through life-saving support initiatives. It seeks to rebuild hope in...

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