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Consummate Traders, a leading proprietary trading firm, has unveiled its new two-stage evaluation process aimed at attracting and nurturing the best trading talents in the industry. The comprehensive assessment focuses on performance metrics, risk management, and consistent trading practices. Successful traders will have the opportunity to manage the firm's capital while benefitting from educational resources and cutting-edge statistical tools. The process is characterized by fairness, transparency, and a partnership with respected broker Kwakol Markets.
Boeing projects that intra-African passenger traffic will quadruple in the next 20 years. African carriers are well-positioned to support this growth, and Boeing forecasts an increase in the average aircraft size and seats per aircraft. The recovery of African aviation traffic in 2023, combined with long-term economic growth and initiatives like the African Continental Free Trade Area, will drive the continent's air traffic demand.
Analyzing the first 100 days of President Tinubu's administration in Nigeria, this article explores his focus on women, youths, and the renewed expectations for the country. From economic reforms to youth inclusion, the article highlights key policies and appointments that reflect the commitment towards a better future for Nigeria.
The Nigeria Immigration Service (NIS) has successfully cleared a backlog of almost 60,000 passports within just four working days, following a directive by the Minister of Interior, Olubunmi Tunji-Ojo. This achievement highlights the government's commitment to providing efficient and accessible services to Nigerian citizens. The minister's call for swift action and the subsequent partnership with other ministries aim to address related challenges and improve the welfare of the country's citizens.
The Federal Capital Territory (FCT) Administration, led by Mr Nyesom Wike, emphasizes the importance of developing satellite towns in ensuring balanced progress and development in the region. Inaugurating the Mandate Secretaries, Wike highlighted the need for transparency, efficiency, and accountability in addressing key issues affecting service delivery. The focus on Internally Generated Revenue and comprehensive public transportation showcases the administration's commitment to transforming the FCT into a world-class city.
After a two-year delay, Nigeria has finally started the freight services on the long-awaited Lagos-Ibadan train line. The Minister of Transportation flagged off the cargo train, which will operate on a temporary single track until a customs scanner is removed. This development is expected to decongest the Apapa Port and ease transportation of goods across the country.
The Lagos Chamber of Commerce and Industry (LCCI) commends President Bola Tinubu for his successful participation at the G20 summit. Nigeria's presence at the event showcases its strategic importance on the global stage and its commitment to shaping a fairer world order. The President's efforts in attracting investments and fostering international cooperation have been fruitful, with positive outcomes for job creation and economic development. The LCCI calls for the establishment of dedicated investment websites and congratulates the African Union on its permanent member status in the G20.
The Nigeria Customs Service (NCS) has announced collaboration talks with the Customs Service of neighbouring Republic of Benin to improve trade relations between both countries. This move is expected to enhance customs administration, trade facilitation, and regional cooperation.
Billionaire businessman, Femi Otedola, commends President Bola Tinubu for his diplomatic efforts in resolving the flight disruption and UAE visa ban on Nigerians. Otedola expresses confidence in Nigeria's recovery and plans to invest more in the country. He praises Tinubu's economic policies and leadership style.
Governor of Enugu State, Dr. Peter Mbah, has restated his administration's determination to bring back the Institute of Management and Technology (IMT), Enugu to its previous state of excellence. The Governor received the report of the Committee of Inquiry into the Accounts, Management Practices and Staff Conduct in the institute, which will serve as a foundation for planned reforms in the institution and across all educational levels in the state.
Ondo State Governor, Mr Oluwarotimi Akeredolu, has disbanded the media crew attached to the office of his Deputy, Lucky Aiyedatiwa. This move comes amidst alleged rift between Aiyedatiwa and his boss, Akeredolu, who recently returned from medical leave. The affected media aides have been directed to submit all government properties and report back to their various ministries and stations. The Ministry of Information and Orientation has been tasked with providing media coverage for the deputy governor's office going forward.
The recently launched Lagos Metro holds the promise of alleviating the legendary traffic congestion in Africa's largest city. After four decades in the making, this new transportation system will provide a much-needed respite for commuters. Find out more about how the Lagos Metro aims to revolutionize transportation in Nigeria.
Unity Bank Plc, a retail lender in Nigeria, is determined to prioritize recapitalization and asset creation in response to the prevailing foreign exchange revaluation in the financial system. The bank's Managing Director, Tomi Somefun, acknowledged the disruptions and impact on the bank's financial positions due to the depreciation of the Naira currency. However, she expressed optimism about the positive economic outcomes of government policies in the near future. Unity Bank Plc aims to bolster its asset creation, liability generation, and business growth while focusing on process automation, cost efficiency, and value chain relationships.
Vice President Kashim Shettima flagged off the distribution of palliatives worth N5.1 billion in Sokoto, Nigeria, highlighting the government's commitment to prioritizing the welfare of Nigerians. Shettima commended the Sokoto State government for their initiative and encouraged other state governments and private organizations to emulate the effort. The event also saw the commissioning of the Rijiyar Doruwa flyover and the unveiling of a transportation scheme. The vice president emphasized the importance of peace and commended the support of security agencies in the state.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has issued a stern warning to contractors and engineers involved in road projects in Abuja. Wike emphasized that contract variations and price inflation would not be tolerated. He assured the contractors of prompt payment to ensure timely project completion. The minister's directives were given during the flag-off of the rehabilitation of 135 roads in the FCT. The completion timeline for the projects has been set at six months.
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