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  … Dangote Angry Because We Refused To Raise Price Of Sugar During Ramadan- BUA Aliko Dangote, leader and founder of the Dangote group has petitioned the Federal government, requesting that the BUA Sugar Refinery be shut down. Dangote Group, in a letter jointly signed by the Aliko Dangote and the Chairman, flour mills of Nigeria PLC, John Coumantaros, sighted by THE WHISTLER, said that the commissioning of the BUA Port Harcourt refinery is an act intended to undermine the National Sugar Master Plan of the Federal Government. The group noted that according to the mid-term review conducted by the national sugar development council, BUA has faulted by failing to invest substantively in local production of sugar. It called for investigations to determine the quality of raw sugar imported by the refinery in Port-Harcourt and the appropriate penalty in terms of duty (60 per cent) and levy (10 per cent) to be imposed on the company. It said, “The sugar industry in Nigeria has been go...

  The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the southeast zone to revert to the old price of N170 and N175 per litre. Mr. Chinedu Anyaso, Chairman of IPMAN Enugu Community Depot in charge of Anambra, Ebonyi, and Enugu States, stated this in an interview with the News Agency of Nigeria (NAN) in Awka on Friday. NAN reports that marketers in the zone adjusted their rates to between N210 and N212 on Friday which consequently threw customers into panic. The NAN correspondent who monitored the situation in Awka observed that most fuel stations were deserted, while long queues surfaced at NNPC mega station, which was yet to hike the price of petrol. Mr Victor Emeka, one of the marketers, said the downstream market was in confusion due to disagreeing with directives from NNPC and PPRA. According to Emeka, PPRA said we should sell at N212 while NNPC is saying it has not increased price, but the increase has been effected at the depots....

WhatsApp is excited to announce that private and secure one-to-one voice and video calls are now available on WhatsApp’s desktop app. Throughout the last year we’ve seen significant increases in people calling one another on WhatsApp, often for long conversations. Last New Year’s Eve, we broke the record for the most calls ever made in a single day with 1.4 billion voice and video calls.  With so many people still apart from their loved ones, and adjusting to new ways of working,  we want conversations on WhatsApp to feel as close to in-person as possible, regardless of where you are in the world or the technology you’re using. Answering on a bigger screen makes it easier to work with colleagues, see your family more clearly on a bigger canvas or free up your hands to move around a room while talking.  To make desktop calling more useful, we made sure it works seamlessly for both portrait and landscape orientation, appears in a resizable standalone window on your computer...

  Addressing the WTO General Council immediately after taking office on 1 March, Director-General Ngozi Okonjo-Iweala called on members to “do things differently” to achieve reforms necessary to keep the WTO relevant, starting with swift action to curb harmful fisheries subsidies, and to help scale up COVID-19 vaccine production and distribution. The new head of the WTO noted that high expectations for her tenure can only be met if members are willing to compromise and reach agreements. DG Okonjo-Iweala: WTO can deliver results if members “accept we can do things differently” DG Okonjo-Iweala suggested that prospects for a successful Twelfth Ministerial Conference would be enhanced if members target a manageable number of deliverables for this year, and set up longer work programmes to address issues that cannot realistically be resolved within that timeframe. Her full remarks are below: Mr Chairman, Excellencies, Ladies & Gentlemen, Good morning. I am delighted to be with ...

TSTV Digital satellite which gives Nigerians the option to pay per view, with over 100 channels has commenced the implementation of N2, N1 on all channels as promised. Earlier in October 2020, Bright Echefu, the chief executive officer of Telecomm Satellite TV (TStv), says his organization will be the first to implement the pay-per-view model in Nigeria. “We are going to be the first to implement pay-per-view. What TSTV has done is, allow you to create your own bouquet and you have channels that are as low as N2 per day,” he said. “If you have a N50 voucher, you are actually watching TV and saving your money.” Today, it has been implemented. The PayTV operator took to their social media handle to announce the implementation of the new model. With Two Naira Only, you can watch your favorite Channel with TStv Africa. Your Two Naira Now Has Value!” With TSTV, you get to choose the channels you want, pay for them, and watch in HD.  TSTV decoders are available in different states. You c...

Dr Adesina reiterated again that Africa remains a good fertile ground for investment, largely dependent on how well it can boost its healthcare sector. Africa as a continent has remained a fertile ground for investment but depends very much on its ability to boost its healthcare sector. This disclosure was made by Akinwumi A. Adesina, the President of the African Development Bank (AfDB) during the Africa Investment organized by the UK Department for International Trade themed, “Building back better – utilizing UK private sector strengths and values, and business-to-business opportunities working with UK government and others going forward” According to Dr. Adesina, “Africa still possessed the same fundamentals that had driven the continent’s phenomenal growth over the past decade” “The fundamentals in those phenomenal growth rates in Africa are still there…Africa still leads in terms of ease of doing business…It’s very exciting, the digital explosion that you see in Africa today” Mrs W...

It's often said that life is a journey! Would you set out on a major journey with no real idea of your destination? Probably no. Many people feel as if they're adrift in the world. They work hard, but they don't seem to get anywhere worthwhile. A key reason they feel this way is that they haven't spent enough time thinking about what they want from life, and haven't set themselves formal goals. Goal is simply a written down decisions about what you want to achieve in life, business or venture. HOW TO SET WORKABLE SMART GOALS  According to Professor Robert S. Rubin, who wrote about SMART in an article for The Society for Industrial and Organizational Psychology. He stated that SMART has come to mean different things to different people, as shown below: SPECIFIC (simple, sensible, significant). MEASURABLE (meaningful, motivating). ACHIEVABLE (agreed, attainable). RELEVANT (reasonable, realistic and resourced, results-based). TIME BOUND (time-based, time limited, time/...

  The management of Access Bank PlC announced N50 Billion naira free interest Loans for Businesses to thrive some weeks ago.  This is coming at a time when the economy of Nigeria is falling apart due to the covid-19 and the #Endsars protests, which has recked havoc in the country lately. This N50 Billion naira free interest loan will come into effect 2021 which is few weeks from now, with businesses getting huge boast and support, a move which will improve businesses .  Access bank plc has set the stage; many more banks (Commercial Banks) will announce her plans and hit the ground running. “Access Bank Plc will today commence the disbursement of the N50 billion interest-free loans and grant it set aside for Micro, small and medium size enterprises (MSMEs) that were destroyed by hoodlums in the wake of the protest against police brutality in the country last week. Commercial banking customers as well as Corporate banking customers affected by the looting and arson in...

The FG has proposed, in the draft Finance Bill 2020, the exemption of small businesses from payment of tertiary education tax. The Federal Government has proposed the exemption of small businesses from the payment of Tertiary Education Tax (TET), which is being collected by the Federal Inland Revenue Service (FIRS) in the new draft Finance Bill 2020. This disclosure was made by the Chairman, Drafting Sub-committee and member of Fiscal Policy Reforms Committee, Mr Ajibola Olomola, at a virtual consultation and stakeholder engagement on Friday to discuss the economic and fiscal policy drivers underpinning the bill. The Fiscal Policy Reforms Committee which is chaired by the Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu, pointed out that currently, all companies registered in Nigeria are required to pay TET at 2% of assessable profits for each year of assessment.  Mr Ajibola Olomola said the proposal for Finance Bill 2020, “i s to introduce an amendment t...