In the summer of 2020, I wrote an article titled, “Tony Elumelu: God’s Gift to Africa,” which was later published as a chapter in my book, ‘My Lockdown Diary: Reflections on Nigeria and Covid-19 Pandemic.’ At the time, the Tony…
UBA makes history, surpasses N1t Market Capitalisation milestone
United Bank for Africa (UBA) Plc has achieved a historic milestone by surpassing the N1 trillion market capitalisation mark on Monday. This accomplishment positions UBA among the elite group of companies with a market capitalisation exceeding N1tn, marking a significant…
Petrol subsidy removal, Dangote Refinery as best kept secret — Magnus Onyibe
Hitherto,Nigeria had been known as a net exporter of crude oil and a perpetual importer of refined petroleum products. As we all know crude or raw products are sold for very little while processed or finished products attract a much…
Osinbajo commissions Transcorp’s Afam 240MW Three Fast Power Turbines
Vice President Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating…
Tony Elumelu’s glittering moments — Ehi Braimah
Tony Elumelu, the distinguished birthday celebrant, climbed onto the sixth floor of life on March 22 last week. His wife, Awele, a medical practitioner, was seated beside him at the symposium to mark his 60th birthday in Lagos. As they…
Tinubu’s low-hanging fruit — Ehi Braimah
After receiving his Certificate of Return from the Independent National Electoral Commission (INEC), President-elect Asiwaju Bola Ahmed Tinubu, is now looking forward to his inauguration on May 29 in Abuja. The intervening period is the second phase of Asiwaju Tinubu’s…
Delta State,season of garnering honor and fratricidal crisis — Magnus Onyibe
This is indeed a season of jubilation generally for Deltans, the Anioma and particularly the lka nations whose sons and daughters have steadily and surely gotten into the center of gravity of power or hub of governance of the federal…
Tony Elumelu’s pointed message – Ehi Braimah
When Tony Elumelu, chairman of UBA, Africa’s global bank, twitted recently on theft in the oil sector, social services that are falling apart and the challenges of daily survival, he was speaking the mind of millions of frustrated Nigerians and…
Employers and their biggest headache – Ehi Braimah
Bishop Samuel Noi Mensah is the President of Full Gospel Church International, a Pentecostal and Charismatic Church with its headquarters in Tema, Greater Accra, Ghana. In a video that went viral, Bishop Mensah narrated the frustrations of employers of labour…
Where do ex-bank MDs in Nigeria go when they retire? – Magnus Onyibe
Part of the legacy of Sanusi Lamido Sanusi (SLS) as the governor of the Central Bank of Nigeria (CBN) 2009-2014, is the introduction of Good Corporate Governance policy stipulating 10 years only as the maximum tenure for bank Managing Directors,…