AGS Community News
Supply Chain Management for Business
We are bringing on our AGS Lightbox session the super amazing Gbogboade Akindele @gbogboadeakin to teach this topic. Gbogboade Akindele is a Supply Chain and Procurement Logistics Expert with a rich history of senior management exposure across several industries. With more than 25 years worth of experience, having worked in Corporate Finance, Auditing, Telecommunications, Banking, Supply Chain, Vendor and Procurement Management, he has developed an extensive but unique blend of skills which position him as an expert industry leader. This webinar is scheduled to hold on 24/09/2020 Time: 8 pm WAT. AGS LIGHTBOX is a weekly capacity building webinar open to only AGS Tribe Community members. Learn more
Business
EXCLUSIVE: Only you can deposit FX cash into your dom account, says CBN
Did you travel to the UK and urgently need some FX to fund your debit card? Sorry, you now have to return to Nigeria, buy the dollar, pay into your card and return to the UK to continue your shopping. According to an internal memo seen by TheCable, forex cash lodgements into domiciliary accounts can only be done by the account owners. The memo said the new guidelines are necessary to review the utilisation of inflows into customers domiciliary accounts. Read more
Shell to maintain Nigerian operations amid cost-cutting plans
This, according to Shell, would help increase savings and overhaul its business operations, while focusing more on renewable energy and power markets. The oil giant says it is exploring ways to reduce spending on oil and gas production, its largest division known as upstream, by 30 percent to 40 percent through cuts in operating costs and capital spending on new projects. Read more
CBN gives up on its policy of attracting dollars
The Central Bank of Nigeria (CBN) issued a monetary policy communique explaining why it cut its monetary policy rate from 12.5% to 11.5%, the first drop since May 2020 when it slashed MPR from 13.5% t0 12.5%. The cut in rates means it is no longer targeting foreign investor inflow as a basis for keeping the exchange rate stable. Read more
FG moves to clamp down on illegal fertilizer manufacturers and agro-dealers
The Federal Ministry of Agriculture and Rural Development has disclosed that anyone caught producing or merchandising adulterated fertilizers, under the new law, will be jailed. This disclosure was made via the Ministry’s official Twitter handle, to the general public, and seen by Nairametrics. Read more
NLC insists nationwide strike, protest to go ahead from September 28
The Nigeria Labour Congress (NLC) has insisted on going ahead with its earlier planned strike and protest, with effect from September 28, 2020, following the failure of the Federal Government to reverse the increases in electricity tariff and fuel price. According to a monitored media report, this disclosure was made by the NLC President, Ayuba Wabba, after the National Executive Council meeting of the labour organization in Abuja. Read more
Smartphone to be used for daily tracking of first set to receive COVID-19 vaccine
The first set of Americans who get the doses of the first Covid-19 vaccines will be closely monitored by the US Centers for Disease Control and Prevention (CDC) through daily text messages and emails from their smartphones. This disclosure was made by a federal advisory group on immunization practices during a meeting. Read more
Jeff Bezos Announces The First Bezos Academy, A Free Preschool For Students From Low-Income Families
Jeff Bezos, founder and CEO of Amazon, announced Tuesday morning in an Instagram post that the first Bezos Academy — a free preschool for children coming from low-income families — will launch in October in a town south of Seattle. “This classroom is just the beginning,” Bezos wrote, captioning a photo of a classroom bookshelf, lined with titles such as Pita & Ralph’s Rotten Day and My Papi Has A Motorcycle. Read more
Social
Vanessa Bryant Fires Back After Her Mom Claims She Was Asked to Get Out of Her House
After her mother came forward with shocking allegations, Vanessa Bryant is sharing her side of the story. In an interview published on Monday, Sept. 21 by Univision's El Gordo y La Flaca, Vanessa's mother Sofía Urbieta claimed her celebrity daughter told her she needed to get out of the house where she's been living in Irvine, Calif. Read more
Meghan Markle and Prince Harry Take Aim at ''Online Negativity'' During Time 100 Special
Meghan Markle and Prince Harry are continuing their fight against a divisive digital landscape. The Duke and Duchess of Sussex stressed the importance of creating a kinder, more tolerant online world during an appearance on ABC's Time 100 special on Tuesday, Sept. 22. Read more
Kumerica goes global as Jay-Z’s artiste Vic Mensa joins the craze (WATCH)
American rapper Jay-Z’s Roc Nation label signee Victor Kwesi Mensah, known professionally as Vic Mensa, is the latest international star to join the Kumerica bandwagon. The 27-year-old rapper who was born in Chicago, Illinois, to Ghanaian parents, Betsy Mensah and Edward Mensah, seems to have not forgotten his root as he jams to one of the trending Kumerican songs. Read more
BBNaija 2020: I never knew Nengi personally before the house - Kiddwaya
Former Big Brother Naija season five housemate, Kiddwaya has cleared the air on knowing season finalist, Nengi, outside the show. Weeks have gone by since the shocking disqualification of BBNaija season five's housemate, Erica but the actress's teeming fans agree memories from the infamous night is a wound that has reluctantly refused to heal. Read more
AGS Quote of the day
“If something is important enough, even if the odds are stacked against you, you should still do it.” – Elon Musk
About AGS Tribe
The AGS Tribe is a Pan African community built to inspire, connect and build the capacity of young entrepreneurs and professionals. The main purpose of the AGS Tribe is to build a community of strong leaders (Entrepreneurs or Professionals) who will create more job opportunities that will ultimately reduce unemployment in Africa.
The Platform has 3 focus areas which are:
Promoting youth entrepreneurship as a tool to reduce youth unemployment and promote economic growth
Women Empowerment through our AGS Impact Fund and AGS Enterprise Challenge
Capacity building for entrepreneurs and nonprofits
Click on this link https://www.agstribe.org/community/to join our community of entrepreneurs and young professionals.