AGS Community News
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Business
Transcorp settles legal dispute with Efora on OPL 281, agrees to pay $5.5 million
Transnational Corporation of Nigeria Plc announced today that it has entered an agreement with Sacoil Holdings Limited (now Efora Energy Limited, “Efora”) to settle all existing legal disputes around its Oil Prospecting Licence 281 (“OPL 281”). Transcorp will pay a total sum of $5.5m. This disclosure was made by the company in a press release which was signed by the company’s secretary, Mr. Chike Anikwe. Read more
Access Bank apologises for freezing accounts of #EndSARS protesters
A few days ago, #BoycottAccessBank was trending on Twitter with some calling for customers to close their accounts with the bank for “colluding with the government” to oppress #EndSARS protesters. However, in a statement on Friday, the bank said its action was necessitated by the Central Bank of Nigeria (CBN). Read more
Governor Abdulrazaq to revoke pension payment to Bukola Saraki, Abdulfatah, others
The Governor of Kwara State, Abdulrahman Abdulrazaq, will be sending a bill to the State House of Assembly to revoke the law awarding pension packages to former governors and deputy governors. Governor Abdulrazaq, with the aim of keeping the costs of governance low and signaling selflessness in public service, has disclosed that he will be sending a bill to the State House of Assembly to revoke the law awarding pension packages to former governors and deputy governors in Kwara State. Read more
Multichoice acquires 20% stake in BetKing
South African pay TV operator Multichoice has announced that it acquired a 20% stake in BetKing, a gambling company with major operations in Nigeria. The value of the deal is said to be worth R1.8 billion. The BetKing 20% acquisition was disclosed this week by Multichoice CEO, Calvo Mawela, during a news briefing to discuss MultiChoice’s new deals. Read more
NNPC increases petrol depot price, marketers to sell at N165-N173 per litre
A fresh increase in the retail pump price of Premium Motor Spirit (PMS), otherwise known as petrol appears to be looming as the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the ex-depot price of the product, to N155.17 per litre from N147.67 per litre. Read more
Christmas celebrations are in jeopardy if Canadians don't stop gathering with friends and family now
(CNN)Canadian Thanksgiving was just last month, and the country has seen consequences as Covid-19 cases reach record highs. Now, Canadian leaders say Christmas celebrations are in jeopardy. Thanksgiving in Canada fell on October 12 this year, and as family and friends gathered, it fueled a widespread surge in coronavirus cases, hospitalizations and deaths. Now, public health officials warned the health care system cannot handle a repeat at Christmas. Read more
SEPLAT Group partners NNPC to build multi-billion naira gas plant in Imo State
SEPLAT Group has partnered with the Nigerian National Petroleum Corporation (NNPC) to site a multi-billion naira gas plant at Asaa, Ohaji-Egbema Local Government Area of Imo state. This is according to a disclosure by the Executive Governor of Imo State, Senator Hope Uzodinma, during the commissioning of the project. Read more
Social
Comedienne Emmanuella builds house for mum
Nigerian child comedienne, Emmanuella has built a house for her mother. The child star took to her Instagram page on Friday, November 13, 2020, where she shared photos of the newly built bungalow. Emmanuella's mum couldn't hide her joy as they took a tour around the tastefully furnished house. Read more
Funke Akindele-Bello becomes Molfix Nigeria's first ever Brand Ambassador
Hayat Kimya, the producers of the leading diaper brand in Nigeria, MOLFIX is proud to introduce Funke Akindele-Bello as its first-ever brand ambassador. This announcement was made at a press conference held on Thursday, 12th November, 2020 at Radisson Blu, Ikeja GRA. Read more
Actress Olivia Wilde and Jason Sudeikis split after nearly 10 years
American actress Olivia Wilde and her partner, Jason Sudeikis have ended their engagement after dating for almost a decade. According to PageSix, the couple split at the beginning of the year. Read more
AGS Quote of the day
“When you deal with controlling, manipulative, or oppressive individuals, display as little emotion as possible.” - Richard Werre
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.