Tony Elumelu Foundation to Launch World’s Largest Digital Platform for African Entrepreneurs at TEF Forum 2018  

Africa’s leading entrepreneurship focused philanthropy, The Tony Elumelu Foundation, is launching the world’s largest digital platform for African entrepreneurs and the African entrepreneurship ecosystem –  TEFConnect.  TEFConnect will officially be unveiled at this year’s TEF Forum, taking place on October 25, 2018, at Federal Palace Hotel, Lagos, Nigeria.   Harnessing and building on the success of Africa’s largest entrepreneurship catalyst, the Tony Elumelu Foundation Entrepreneurship Programme, which has attracted over 300,000… Continue Reading

Transcorp Appoints Owen Omogiafo as Executive Director:

Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerates, has appointed Mrs. Owen Omogiafo as an Executive Director with effect from July 1, 2018. She will in her new role support in driving and delivering on Transcorp’s strategic ambitions as the conglomerate continues to fulfil its special mission of lighting homes, schools, and hospitals in Nigeria, powering the country’s industrialisation process, and hosting local and foreign investors in… Continue Reading

K1 On 10 Days Medicals Trip To Canada

..To Visit Home Months  After Demise Of Daughter Wasilat King of Fuji Music, Alhaji Wasiu Ayinde Marshall is right now in Canada on a 10-days medical trip. This is coming on a first visit back to Canada after he lost his daughter Wasilat few months ago. The medical trip was long overdue after a corrective surgery he first underwent for lungs.  K1 will in few days be ready to be… Continue Reading

5 Common career ruts and how to get out

Description: We all can feel stuck in a career rut, but it’s possible to solve this problem! Read our article and become happy at work again! H1: 5 Career ruts: there is a way to get out! Nobody wants to be stuck in a rut, but this situation is inevitable for most of the workers. Of course, it can bring a lot of problems, bad moods, and stress, but if… Continue Reading

How Zenith Bank survived economic recession…………Jim Ovia

As Nigeria emerges from recession, Jim Ovia, founder and chairman of Zenith Bank, talks about the country’s prospects, his company’s expansion plans and the impact of its deal with Prudential Life.   Have you noticed a deterioration in Nigeria’s business climate as a result of the slump of the last year?   The recent recession has shown the extent of resilience and elasticity in the Nigerian business environment. That is… Continue Reading

Double Trouble: 9mobile Crisis Deepens

The crisis rocking Telecommunications Company, 9mobile has taken a new twist as telecommunications giant, Globacom, has distanced itself from media reports which insinuated that it was the preferred bidder to acquire 9Mobile.   A statement from Globacom reads that “We are bound by the terms of the acquisition process as stipulated by the authorities handling it and we will not in any way sway or deviate from the rules.  … Continue Reading

Razaq Okoya: The Story of an Enigma

It was torrents of good wishes and encomiums as Chief Razaq Akanni Okoya celebrated his 78th birthday a few days ago. President Muhammadu Buhari was one of the eminent personalities around the globe that sent congratulatory messages to the enigma and top industrialist on his special day.   President Buhari describe the Chairman of Eleganza Group of Companies as an astute businessman, who through vision, hardwork and entrepreneurship completely altered… Continue Reading

Business Council of International Understanding Honours Tony O. Elumelu with the Dwight D. Eisenhower Global Entrepreneurship Award

The Business council for International Understanding (BCIU), a non-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across the globe, tonight presented the prestigious Dwight D. Eisenhower Global Entrepreneurship Award to both Tony O. Elumelu and Bill Marriott, Chairman, Marriott International Inc. The award was conferred on Elumelu in recognition of his outstanding work in promoting Entrepreneurship on the continent of Africa and… Continue Reading

Transcorp Hilton Abuja Wins Double 2017 World Luxury Hotel Awards

Nigeria’s Landmark hotel, Transcorp Hilton Abuja, has emerged the winner of two 2017 World Luxury Hotel Awards in the Best Luxury Contemporary Hotel (Nigeria) and Best Luxury City Hotel (West & Central Africa) categories. The multiple award-winning five-star hotel was honoured with the prestigious award at a spectacular Gala Ceremony hosted by the historical Kulm Hotel St. Moritz in Switzerland on Saturday 2 December 2017. Awards on the night were bestowed on… Continue Reading

Goldberg Moves Isedowo to Ondo …28 artisans to be rewarded

Isedowo, the empowerment initiative of Goldberg lager beer from the stables of Nigerian Breweries, is moving its campaign to Ondo State where 28 small scale entrepreneurs would be supported with grants of N300, 000 each to grow their businesses.   This is coming on the heels of successful activations in Osun and Ekiti States where 32 artisans received N300, 000 each in the last three months.   The Ondo State… Continue Reading

TONY ELUMELU FOUNDATION (TEF) WRAPS UP 2017 TEF ENTREPRENEURSHIP FORUM – LARGEST GATHERING OF AFRICAN ENTREPRENEURS

3RD ANNUAL TEF ENTREPRENEURSHIP FORUM WAS HELD ON OCTOBER 13-14 IN LAGOS 1,300 AFRICAN SMEs, POLICYMAKERS, INCUBATORS FROM 54 COUNTRIES IN ATTENDANCE   The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 participants from 54 African countries. The most diverse and inclusive gathering of African entrepreneurs on the continent, the Forum continued its… Continue Reading

Ntel announces Ernest Akinlola as new CEO

The board of ntel, Nigeria’s first 4G/LTE-Advanced network, is pleased to announce the appointment of Ernest Akinlola, as its substantive Managing Director/Chief Executive Officer.   Ernest is a senior executive with 20+ years extensive experience in Telecoms Media & Technology. He joined the fledgling One 2 One telecoms operator in the UK and was instrumental in establishing a world class internal audit and compliance department.   As Head of Department… Continue Reading

ETISALAT’S TROUBLE GROWS…STAFF MAY DOWN TOOLS

Etisalat, one of Nigeria’s telecom companies is in trouble again as staffers morale are at an all-time low over late payment of salaries. The telecom giant which, over the years has struggled with a huge debt profile hanging on its neck is now having serious issues with members of staff especially the low cadre ones over their welfare. According to one of our sources, Global News can now authoritatively reveal… Continue Reading

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People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things. [wp-review id=”1178″] Headings Header one Header two… Continue Reading

Insure This Business? Start-Ups Face Challenges

People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things. [wp-review id=”1178″] Headings Header one Header two… Continue Reading

Olamide, Timaya, Juliet Ibrahim, Dumas now Glo brand ambassadors

Four entertainment stars have been named as brand ambassadors of next generation network, Globacom. The new ambassadors are celebrated rapper, Olamide Adedeji, dancehall musician, Inetimi Alfred Odon, popularly known as Timaya, and two Ghanaian actresses, Juliet Ibrahim and Joselyn Dumas. The data grandmasters disclosed in a press statement in Lagos that the four were made its ambassadors because of their inspirational role in growing the entertainment industry in Nigeria and… Continue Reading

This mistaken idea of denouncing pleas

[vc_row][vc_column][vc_column_text]Ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consepsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugi Because those who do not know how to pursue pleasure rationally encounte Sed ut perspiciatis unde omnis iste natus sit voluptatem accusantium doloremque laudantium, totamrem aperiam, eaque ipsa quae… Continue Reading

GLO PLANS TO DEAL WITH COMPETITORS…TO REDUCE DATA PRICE BY HALF

The purported plans of the telecoms giant Glo to ridiculously reduce the data plans across the board and put smiles on the faces of Nigerians this Yuletide is facing a lot of blockages from the regulator- the Nigeria ‘s Communications Commission and its competitors in the telecommunications industry.Glo which has rightly positioned itself as the undisputed number one telecoms company that gives the best in terms of data pricing and… Continue Reading

25 Days of Awesomeness: Cash Prizes, Beats by Dre, DSTV explorers up for grabs in Cashless December:

Pan-African financial services group, United Bank for Africa Plc, UBA, has announced the commencement of its annual end of year campaign, Cashless December. This year’s edition has been themed “25 Days of Awesomeness” and it seeks to reward cashless living. Customers who use UBA internet banking or cards stand a chance to win amazing prizes such as cash, Beats by Dre headphones, DSTV explorer with subscription, loads of airtime and… Continue Reading

ELUMELU SHARES AFRICAPITALISM PHILOSOPHY IN NORTH AFRICA

…..CALLS ON AFRICAN LEADERS TO CREATE YOUTH BUSINESS CHAMPIONS, NOT MATRYS This week, fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia 2020.” In the last 5 years the Tunisian economy has struggled following a democratic uprising which ushered in weak growth and economic uncertainty. The conference sought to attract direct investment… Continue Reading

Tunde Ayeni not detained by EFCC….Aide

Former Chairman of Skye Bank, and the key promoter of NATCOM, the owners of ntel, Dr Olatunde Ayeni, has cleared the air on his recent encounter with the officials of the Economic and Financial Crimes Commission, describing as total false, the claim by many online publication, particularly Sahara Reporters, that he was arrested and detained over an alleged 1 billion Naira bribe to a former Minister of Federal Capital Territory… Continue Reading

Elumelu To African Youth: Your Time For Leadership Is Now.

……..Advocates entrepreneurship as career choice. African business leader and philanthropist, Mr. Tony O. Elumelu stated that the time for leadership amongst Nigerian and African Youth is now. Elumelu, who addressed the students of the Lagos State University, faculty members and officials of t African business leader and philanthropist, Mr. Tony O. Elumelu stated that the time for leadership amongst Nigerian and African Youth is now. Elumelu, who addressed the students… Continue Reading

Philanthropists, Tony O. Elumelu, Bill Gates discuss the role of global philanthropy on business, politics and culture at Le Club de l’Economie hosted by Le Monde in Paris

Speaking at the Le Club de l’Economie in Paris France on Monday, Tony O. Elumelu, Chairman of UBA Plc and Founder of the Tony Elumelu Foundation, made a call to the French business community, global stakeholders and influential Africans in the development world to embrace ‘structured philanthropy’ in support of rising entrepreneurs with great potential, as a means to achieving sustainable development in Africa. He made this call during a… Continue Reading

Much Ado about NiTel/MTel Sale to NatCom

On October 8, 2016, ntel, Nigeria’s fifth mobile network and, according to their website and social media platforms, Nigeria’s first pure play 4G/LTE advanced network will celebrate 6 months since the commencement of commercial operations on 08-04, 2016. In those 6 months, ntel has attained full network coverage in Abuja, across large swathes of Lagos and then parts of Ogun, Nassarawa and Niger states. It has launched full VoLTE services,… Continue Reading

Melaye: Trade minister helped MTN move $13.92bn out of Nigeria illegally

Dino Melaye, the senator representing Kogi west at the national assembly, has accused Okechukwu Enelamah, minister of industry, trade and investment, of colluding with ‎MTN to illegally move $13.92billion out of Nigeria. Melaye alleged that the money was moved out of the country between 2006 and 2016. In a motion on the floor of the senate on Tuesday, the legislator also‎ reeled off the names of other Nigerians whom he… Continue Reading

Elumelu and Secretary Pritzker’s toast to Africa

The United Bank for Africa (UBA), Africa’s leading Pan-African bank, recently hosted a cocktail reception for US and African business leaders at the Essex House in New York City. The event was held alongside the UNGA and right after the US – Africa Business Forum(USABF) which was organized by Bloomberg and the United States department of Commerce. The Chairman of UBA, Mr. Tony O. Elumelu was host to over 200… Continue Reading

WHY GOV. AMOSUN FAVORS FOREIGN INVESTORS TO LOCAL INVESTORS

Though the Ogun state government under the able leadership of Governor Ibikunle Amosun is doing all his possible best to attract foreign investor to the state to further boost the revenue base of the civil servant state and provide jobs opportunities for the indigenes of the state. However this magazine gathered that the governor is given more preference to foreign investors especially the Chinese to the detriments of hardworking Nigerians… Continue Reading

CBN GOVERNOR DIVERSIFY INTO FULL TIME MECHANISED FARMING

The Governor of the apex bank Godwin Emefiele is seriously thinking about life after his tenure in the banking and corporate world . Global News gathered that Emefiele despite his tight schedule has purchased over 200 hectares of land somewhere in Owode Egba in Ogun state,South -West of Nigeria. Those who have had opportunity to see the gigantic investment further disclosed that the project is in a class of its… Continue Reading

EXCHANGE RATE: BAKERS MAY INCREASE PRICES OF BREAD

As car dealers groan THERE is the possibility of an increase in prices of bread any moment from now as members of the Bakers Association of Nigeria, Oyo State, chapter are set to meet next week following a major increase in prices of production materials. This was disclosed to Saturday Tribune by a member of the association, Mr Taiwo Samuel Titilola, in an interview. Titilola revealed that following the likely… Continue Reading

Reckless Wale Tinubu borrows money to save crumbling empire

In what will come as a rude shock to many Nigerians who knew him and his company’s networth, it appears the dark days are here for the boss of Oando Oil Plc Wale Tinubu, if what is filtering in is anything to go by. As you all know that Global News will always be the first to break the hottest news in the country and as you read this we… Continue Reading

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