Author: Akintayo Adams

Herbert Wigwe, the late CEO of Access Holdings, had a final conversation with Osita Chidoka, a former minister of aviation. On Sunday, Chidoka posted a remembrance to the late Wigwe on his official X account. The former minister claimed that he asked Wigwe to accompany him on this specific trip to the USA, but Wigwe mockingly declined his request. Remember that on Friday, a helicopter crash claimed the lives of Wigwe, the co-founder of Wigwe University and Access Bank, as well as his wife Chizoba, son and Abimbola Ogunbanjo. The helicopter crashed on Friday night close to a border community…

Prior to the formal Student Loan Scheme debut on February 21, 2024, the Nigeria Education Loan Fund said that it is completing the details of the repayment plan. It was established that the 10% direct deduction from the recipients’ salaries remains in place, but applicants have the option to pay 100% up front or in higher percentages. Waivers, however, will be given to those who are verified to be dead, terminally ill, and unable to support themselves through employment. “First and foremost, the modality for loan recovery will be done by the employers, which is what we are putting in…

The National Agency for Food and Drug Administration and Control’s decision to forbid the packaging of alcoholic beverages in sachets and small-sized bottles has been referred to as economic sabotage by the Nigeria Employers’ Consultative Association, the governing organization for employers in Nigeria. NECA characterized the prohibition as an effort to further suck manufacturing companies into an economic abyss in a statement released on Thursday. In a statement, the Director-General of NECA, Adewale-Smatt Oyerinde, stated that the prohibition on the manufacture and distribution of these goods is misguided and ill-timed in light of the present economic climate, the unemployment rate,…

In an effort to formalize the industry, the Corporate Affairs Commission has revealed that it has started the process of registering two million small firms. In a statement released on Friday, the CAC stated that Hussaini Ishaq Magaji, its Registrar-General, had disclosed this information at an Abuja ceremony. According to him, the registration process is being aided by a relationship with Moniepont in order to promote regulatory compliance, boost economic growth, and promote economic development by raising tax revenue. Due to the limited number of firms registered in the nation, which has been a problem for the commission, formalizing these…

The exchange rate used to determine customs charges at the country’s seaports has been raised by the Central Bank of Nigeria (CBN) from ₦1,413.62/$ to ₦1,417.635/$ for the third time this year. Nigerians will pay more to clear their goods at the port as a result of the upward review because import tariffs are based on the value of the dollar. Information from the Nigeria Customs Service’s official website indicates that on Friday, February 9, the exchange rate was reviewed upward. As of the morning of Saturday, February 10, 2024, the official CBN exchange rate was ₦1,481.982/$. This reflects an…

In the Africa Cup of Nations final on Sunday against Nigeria at home, Ivory Coast’s great player Sebastien Haller implored his squad to “leave with no regrets” as they look to pull off the most incredible of major tournament comebacks. Despite losing to Equatorial Guinea 4-0 in the group stage, the Elephants became the first host nation to make it to the AFCON final since Egypt in 2006. “We have made a spectacular recovery,” said Haller in an AFP report. “We all went through a difficult time after the Equatorial Guinea defeat, but we don’t have much to lose now.…

A helicopter crash in California on Friday night is said to have claimed the life of Access Holdings CEO Herbert Wigwe. According to a statement from San Bernardino County Sheriff’s Department “The scene of the crash was determined to be east of the 15-Freeway, near Halloran Springs Road.” “We are not able to confirm how many people were on board or their names. No survivors have been located.” However, Reports has it that the Finance Mogul was said to have been in the plane when it crashed on Friday near the Nevada border in California, along with his wife, son,…

In anticipation of this year’s Ramadan fasting, Muhammad Abubakar, the Sultan of Sokoto and President-General of the Nigerian Supreme Council for Islamic Affairs (NSCIA), has commanded Muslims in Nigeria to search for the crescent of Sha’aban 1445AH after sunset on Saturday, 29th Rajab, 1445AH (February 10, 2024). Professor Salisu Shehu, the Deputy Secretary-General of the NSCIA, made the call on behalf of Abubakar in a statement. “Scientifically, the expected time for the conjunction of the moon is on Friday, February 9, 2024, by 11:59 pm. It is important to note that the moon appears and can be sighted usually long…

Vice President Kashim Shettima has been given instructions by President Bola Ahmed Tinubu to lead a presidential team to the Sunday African Cup of Nations (AFCON) finals in Côte d’Ivoire. Remember that during the thrilling match between the Super Eagles and South Africa in the semifinals, the Vice President had also represented the President. On Sunday, February 11, the Nigerian national team and the host team, Côte d’Ivoire, will square off in an exciting rematch at the Alassane Ouattara Stadium in Abidjan. According to a statement by the spokesman of the vice president, Stanley Nkwocha, “Recognizing the unifying power of…

President Bola Tinubu will attend the 2023 Africa Cup of Nations (AFCON) final, according to Patrice Motsepe, president of the Confederation of African Football Federations (CAF). On Sunday, the Alassanne Ouattara Stadium in Ebimpe, Abidjan, will host the game between Nigeria and the host nation, Cote d’Ivoire. Motsepe was asked if Africa would ever host the World Cup again at a news conference on Friday at the Palace de la Culture in Trechville, Abidjan. Motsepe replied: “Nigeria must put in a bid. The Nigerian president (Bola Tinubu) is coming to watch the final on Sunday. I will have a conversation…