Management Oil and Gas 

Non-functional Refineries Cost Nigeria Over $13bn

Nigeria oil marketers has said that there is an increasing need to ensure full deregulation, effective reforms to drive needed growth in the petroleum sector. It stated that non-functional refineries cost Nigeria over $13bn in 2019. Speaking at the 18th Aret Adams Lecture, the Chairman of Major Oil Marketers Association of Nigeria, Adetunji Oyebanji, stressed on the need for a transition to a market-driven environment. This, he said can be achieved through policy-backed legislative and commercial frameworks, enabling the sustainability of the downstream petroleum sector. He said, “Effective reforms and…

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Information Services Management 

CSR: Army constructs computer, science laboratories in Bauchi pry school

The Nigerian Army has constructed  Computer, science laboratories, as well as renovated three blocks of classrooms at Anguwan Barno Primary School, in Bauchi metropolis. Speaking at the commissioning of the facilities, on Thursday, the Chief of Army Staff (CoAS)  Maj.-Gen. Ibrahim Attahir, said that the projects were sponsored by the Nigerian Army Civil Military Relations, as part of its Corporate Social Responsibility. Represented by Maj.-Gen. Mohammmed Magaji, the  Commandant, Nigerian Army Armored Corps and School, Bauchi, described the project, as one that would benefit the people of Bauchi and surrounding…

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Management 

New Congo government should aid release of Kibali’s $500m, Barrick CEO says

“With the new government now we’re pretty sure that that blockage will be unblocked and we’ll be able to go back to normal activities,” Bristow told Reuters. Tshisekedi has consolidated control over the Congolese government and appointed a new prime minister on Monday, capping a series of victories over his once-dominant predecessor Joseph Kabila. Under Congo’s 2018 mining code, miners must return 60% of revenue from mineral sales to the country to help develop the economy. The $500 million is excess cash left over after Kibali repatriated 60% of revenue…

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Management 

FUFA Executive authorises kick off of five more Competitions – FUFA: Federation of Uganda Football Associations

The FUFA Executive has authorised the kickoff of the FUFA 2nd Division League (StarTimes FUFA Big League), FUFA Women Super League, FUFA Women Elite League, the Stanbic Uganda Cup and The FUFA Drum. The communication is in a circular No. 1128 dated, FUFA/C/01/21 and signed off by the FUFA Deputy CEO- Football Kiiza Decolas Hantali. The circular reads; In compliance with the Government of Uganda directives and guidelines on COVID-19 pandemic, the CAF & FIFA COVID-19 protocols, and the FUFA COVID-19 Regulations, FUFA will issue comprehensive guidelines to be adhered…

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Management 

Get your head in the game and watch the score board

I do not watch a lot of soccer, but the last few games have taught me lessons that can be applied to our personal finances. I’ve learnt that the only thing that matters at the end of the game is the score board. To win a league, a team needs to prepare and plan for the season, have tactical competency and strong team work. Much like a game of soccer, the numbers on our financial score boards do not lie! It takes good planning to achieve success in life; be…

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