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Warren Buffett Says Improving This 1 Simple Skill Will Separate You From Everyone Else (and Increase Your Worth)

Warren Buffett Says Improving This 1 Simple Skill Will Separate You From Everyone Else (and Increase Your Worth)

A 22-year-old entrepreneur asked the Oracle of Omaha for one tip to pass on to his generation. Turns out, the advice is for every generation. By Marcel Schwantes Founder and Chief Human Officer, Leadership From the Core@MarcelSchwantes Earlier this month, 22-year-old Michael Hood, the co-founder of the Toronto based start-up Voiceflow, whipped out his smart phone, pointed the video camera ... Read More »

Personal Finance:Why PhDs Don’t Become Billionaires

Personal Finance:Why PhDs Don’t Become Billionaires

By Jim SchleckserCEO, Inc. CEO Project@incCEOProject We’re all fans of education. I can admit that I’m a kind of an educational snob based on my own experience in pursuing advanced degrees. As a result, it’s always been a foregone conclusion that my kids would also be heading to college to pursue similar academic pursuits, possibly including advanced degrees. A big ... Read More »

GTB Accountant Officer  Gets N20m Bail For Alleged N314m Theft

GTB Accountant Officer Gets N20m Bail For Alleged N314m Theft

A 33-year-old Account Officer with Guaranty Trust Bank, Oluwakayode Fafiyebi, who is on trial for an alleged theft of N314 has been granted N20 million bail on Friday by an Ikeja Chief Magistrates’ Court. Fafiyebi, whose address was not given in court, is facing charges of stealing and breach of peace to which he pleaded not guilty. According to the ... Read More »

NIGER GOVT TO SPEND N5.7BILLION ON RELOCATION OF MADALLA MARKET ON ABUJA- KADUNA EXPRESSWAY

Apparently disturbed by traffic gridlock, perpetual accidents and environmental hazzards on Abuja- Kaduna Expressway at Madalla market in Suleja Local Government, Niger State government has approved the relocation and construction of a new market. Commissioner for Investment, Commerce and Industry, Hon. Mudi Mohammed announced the approval after the weekly state executive council meeting in Minna, the state capital. The new ... Read More »

URBAN TRANSPORT: NIGER GOVERNMENT TO  BUY 64 NEW BUSES FOR  THE STATE TRANSPORT COMPANY

URBAN TRANSPORT: NIGER GOVERNMENT TO BUY 64 NEW BUSES FOR THE STATE TRANSPORT COMPANY

….APPROVES EXPANSION OF BARO PORT In a bid to address Urban mass transit deficiency, Niger State Government is to inject 64 new buses to the fleet of the state owned transport company – Niger State Transport Authority (NSTA). Commissioner for Transport, Hajiya Ramatu Mohammed Yar’adua who disclosed this yesterday at Government House in Minna, the state capital shortly after the ... Read More »

Ecobank Academy, IFRC join hands to boost effective and sustainable leadership capabilities

Ecobank Academy, IFRC join hands to boost effective and sustainable leadership capabilities

The aim of the course is ‘Building African National Society leadership to be proud of’ Press Release: LOME, Togo, March 20, 2019/ — Ecobank (www.Ecobank.com) is proud to announce that its prestigious Ecobank Academy will be training 150 senior leaders of the International Federation of Red Cross and Red Crescent Societies (IFRC) from 45 African countries this week to strengthen ... Read More »

Fowler did not call for 50 percent increase in VAT rate- FIRS

Mr Tunde Fowler, the Executive Chairman, Federal Inland Revenue Service, FIRS on Tuesday called for an increase in the number of Nigerians and companies paying VAT and not a 50 per cent increase in VAT rate, a statement made available to The State Online on Wednesday stated. It said that contrary to reports in the media on Tuesday and Wednesday, ... Read More »

Senate Approves N30,000 New Minimum Wage

The Senate has approved the proposed new National minimum wage of N30, 000. The new minimum wage Act CAP N61 LFN (repeal and re-enactment) Bill, 2019, was read Tuesday for the third time and passed the same day. Prior to this, a report by the Ad hoc committee on the new National minimum wage was presented by Senator Francis Alimikhena. ... Read More »

NIMASA, Stakeholders Sign Service Level Agreement

The Federal Government has restated its commitment to prompt and effective service delivery, especially in its Ministries, Departments and Agencies (MDAs), saying it is an essential condition for economic development. President Muhammadu Buhari’s Special Assistant on the Ease of Doing Business, Mrs. Jumoke Oduwole, made the assertion in Lagos during the signing ceremony of the Service Level Agreement (SLA) between ... Read More »

Yar’adua Foundation, 29 others to lose properties worth over N4.8bn for tax evasion

Yar’adua Foundation, 29 others to lose properties worth over N4.8bn for tax evasion

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has moved to seize plots of land and buildings valued at N4.8 billion from the  Shehu Yar’adua Foundation and 29 other firms. ICPC Spokesperson, Mrs Rasheedat Okoduwa disclosed this in a Press Statement in Abuja. She said that the properties included 22.9 hectares of undeveloped land, one plaza, and a ... Read More »

Access Bank declares N95b profit for 2018

Access Bank Plc on Friday declared a profit after tax of N95 billion for the financial year ended December 31, 2018. The News Agency of Nigeria reports that the profit after tax grew by 58 per cent compared with N60.07 billion recorded in the corresponding period of 2017. The bank’s audited result released by the Nigerian Stock Exchange indicated that ... Read More »

AGF receives IGP, advises non-IPPIS compliant MDAs to brace up to avoid consequences

AGF receives IGP, advises non-IPPIS compliant MDAs to brace up to avoid consequences

BY ONYEKA AJUMOBI ONOCHIE The Accountant General of the Federation, Mr. Ahmed Idris, has,again, advised  Ministries, Departments and Agencies (MDAs)  ofFederal Government yet to comply with Mr. President’s directive of moving their payroll to the Integrated Personnel  Payroll Information System (IPPIS), to brace up or be ready for the consequences of their action. He said the Treasury will leave no stone unturned in ensuring that Mr. President’s directive was fully complied with. ... Read More »

TCN procures 3 power reactors for Ikot Ekpene, Jos, Apir 330kV transmission substations

TCN procures 3 power reactors for Ikot Ekpene, Jos, Apir 330kV transmission substations

Pix: Mr. Usman G. Mohammed, MD/CEO, TCN BY ONYEKA AJUMOBI ONOCHIE The Transmission Company of Nigeria (TCN), on Thursday, said it has procured and deployed three units of power reactors to Ikot Ekpene, Jos and Apir transmission substations for installation, to help correct the voltage problem along the 330kV Ikot Ekpene- Ugwuaji-Makurdi- Jos Transmission Line axis. The TCN General Manager ... Read More »

ACCA Report: Many businesses not ready for a future that will require new accountancy skills

ACCA Report: Many businesses not ready for a future that will require new accountancy skills

The Association of Chartered Certified Accountants (ACCA) (www.ACCAGlobal.com) has launched a campaign – (https://bit.ly/2TB11TP) supported by one of the largest ever global studies across the profession – on the skills accountants need as they head into the next decade. ACCA’s body of research shows there are diverse emerging issues where technical and communication skills will be vital by 2020–25. What topped the ... Read More »

Dangote, Chevron Nigeria Sign Historic Agreement on Gas Supply

The contract, under the Gas Sale and Aggregation Agreement (GSAA) is part of International Oil Company (IOC)’s gas obligation to the domestic market through the Gas Aggregation Company Limited (GACN) Dangote Fertilizer Limited (www.Dangote.com) has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron’s supply portfolio to the fertilizer plant, which ... Read More »

Standard Bank to close 91 branches; 1200 staff to be impacted

Standard Bank to close 91 branches; 1200 staff to be impacted

Standard Bank will close 91 branches in South Africa, with the vast majority of these closing by June 2019, CNBC Africa reports. These changes will affect approximately 1200 jobs. Its full statement below: Standard Bank is realigning its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking products and services. The ... Read More »

NNPC confirms recruitment

NNPC confirms recruitment

The Nigerian National Petroleum Corporation ( NNPC) says it has opened its portal for recruitment of fresh graduates and experienced professionals into the system. Mr Ndu Ughamadu, its Group General Manager, (Public Affairs Division), confirmed this to the News Agency of Nigeria (NAN) in Abuja on Wednesday. He said that the portal for the recruitment was opened on Wednesday. The ... Read More »

FG embarks on extensive irrigated agriculture for food security, massive job creation

FG embarks on extensive irrigated agriculture for food security, massive job creation

BY ONYEKA AJUMOBI ONOCHIE The Federal Government has said it is presently embarking on extensive and all-year-round irrigated agriculture towards attaining its aspiration for food security and massive job creation. Revealing this to journalists in Abuja, Tuesday, the Minister of Water Resources, Engr. Suleiman Adamu, said the FG, through his ministry, is supporting the nation towards ensuring significant reduction in ... Read More »

Sale of customer’s N2.5 billion goods: Access Bank denies any wrongdoing

Sale of customer’s N2.5 billion goods: Access Bank denies any wrongdoing

By Femi Ige Access Bank Plc has denied any wrongdoing in the alleged sale of a customer’s goods worth N2.5billion. The Police Special Fraud Unit in Lagos had charged Access Bank Plc, its managing director and chief executive officer, Herbert Wigwe, and others with 21 counts of conspiracy, fraudulent disposal of trust property, fraudulent conversion, stealing and false representation before ... Read More »

Breach of contract: Supreme Court orders Stanbic IBTC pay customer N2.5billion

Breach of contract: Supreme Court orders Stanbic IBTC pay customer N2.5billion

The Supreme Court of Nigeria has affirmed the judgment of a Federal High Court sitting in Lagos that ordered Stanbic IBTC Bank Plc to pay one of its customers, Patrick Akinkuotu and his company, Long Term Global Capital Ltd. the sum of N2.5billion as general damages for breach of contract. The Federal High Court had earlier awarded the N2.5billion as ... Read More »