Wealth

Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.

The Movement for Progressive Youths of Nigeria (MOPYON) has commended President Muhammadu Buhari for the major achievements recorded so far by his administration in the area of infrastructure development.

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over failure to “disclose information and documents relating to the names of people from whom N800 billion in looted public funds have been recovered, specific dates of the recovery, and details of projects on which the money has been spent.”

The Civil Liberties Organisation (CLO), has called on political leaders to, at all times, demonstrate patriotic ideals and implement people-oriented programmes.

The Securities and Exchange Commission (SEC) has held a webinar to educate investors in the Nigerian capital market in understanding the rudiments of investing in difficult times.

The President of Takete Ide Progressive Union (TIPU) in Mopamuro Local Government Area (LGA) of Kogi State, Prince Richard Dare Fiki, has called on the government, corporate organisations and well-meaning individuals to create enabling environment for the youths to actualise their God-given potentials.

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, on Wednesday celebrated the International Youth Day with some Nigerian youths in his palace at Ile Ife, Osun.

Chief Adegboyega Adegoke, the Ajia-Balogun Olubadan of Ibadanland, has urged Nigerians to have faith in God and pray for a more prosperous country as Muslims celebrate the Eid-el-Kabir.

Nigeria’s economy has received a boost of over N3 billion, via the partnership between Olam Nigeria, International Fund for Agricultural Development (IFAD) and the Federal Government of Nigeria on the Value Chain Development Programme (VCDP).

On top of announcing that longtime chief content officer Ted Sarandos would join CEO Reed Hastings as co-CEO, the company made a few impressive announcements. Netflix added 10.2 million subscribers in its second quarter, beating the company’s own estimates that it made in its first quarter, which suggested it could add around 7.5 million.

The Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), Mrs Abike Dabiri-Erewa, has congratulated Prof. Charles Egbu on his appointment as the Vice Chancellor of Leeds Trinity University, East London, United Kingdom.

A former Senate President, Bukola Saraki, has described as irresponsible and cheap politics, a statement credited to the All Progressives Congress, which tried to link him with a cyber-crime suspect, Ramon Abbas aka Hushpuppi, who was recently arrested in the United Arab Emirates and extradited to the United States.

Chairman of the Presidential Task Force (PTF) on the Novel Coronavirus (COVID-19) Pandemic and Secretary to Government of the Federation (SGF), Mr. Boss Mustapha, has warned that based on the rising number of coronavirus cases, the end of the situation was not in sight.

The Chairperson of the African Union, AU, President of South Africa, Cyril Ramaphosa, has appointed ex-Nigerian Finance Minister, Dr. Ngozi Okonjo-Iweala, Dr. Donald Kaberuka, Mr. Tidjane Thiam and Mr. Trevor Manuel as Special Envoys of AU.

Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, announces two new appointments and changes on its Board of Directors.

The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security and household incomes in the country. The agreement is the Bank’s first private sector loan to the East African nation.

Gov. Ifeanyi Okowa of Delta, has urged Nigerian youths to be actively involved in the fight against corruption in the country.

A non-governmental organisation (NGO) in Owerri, known as Junior Chamber International (JCI), says it will focus more of its activities in 2020 on converting waste to wealth in order to create job for the youths.