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Business
Kogi introduces levy on every loaf of bread
The state ministry of commerce and industry said the levy is aimed at improving the internally generated revenue. But the state chapter of the Association of Master bakers and Caterers of Nigeria (AMBCN) told TheCable on Thursday that the bakers are against the levy. An executive member of the association simply identified as Godfirst said the association has begun moves to meet with the consultant the state charged with collecting the fee. Read more
GAC Motor partners banks, insurance company to launch car credit scheme
The partnering companies are Wema Bank, Access Bank, Ecobank Transnational Plc, Globus Bank, and Sunu Assurance. The automaker said the scheme will give Nigerians the opportunity to own cars with ease by accessing an auto facility with these institutions. Read more
FG to reopen Kano and Port Harcourt airports for international flights
The Nigerian government announced the reopening of the Kano and Port Harcourt airports for international flights. This comes 3 months after Lagos and Abuja airports were reopened for operations. This was disclosed by Musa Nuhu, the Director-General of the Nigerian Civil Aviation Authority (NCAA), during the daily Presidential Taskforce (PTF) on COVID-19 briefing in Abuja on Thursday. Read more
Nigeria not broke, budget to be passed before end of the year – Budget Office
The Director-General of the Budget Office, Mr. Ben Akabueze, has denied he ever said Nigeria was broke to pay salaries and assured Nigerians that the 2021 budget will be passed before the end of the year. He made the clarification during an interview on Channels TV on Thursday. Read more
COVID-19: Gates Foundation donates additional $70 million for affordable vaccines
In a bid to develop and deliver affordable vaccines that will be supplied to everyone globally including residents of low and middle-income countries, the Bill and Gates foundation has further pledged an additional sum of $70 million to achieve the objective. According to Forbes, the latest pledge is sequel to more than $350 million pledges made earlier this year by the foundation to fund development of COVID-19 diagnostics, treatment and vaccines. Read more
COVID-19: FG orders air passengers to pay for repeat PCR tests
The Federal Government has asked potential passengers that will be coming into the country to pay extra for Polymerise Chain Reaction (PCR) tests from a certified private lab listed on the travel portal. This disclosure was made via the Federal Ministry of Information and Culture Twitter handle. Read more
Trump Bans Americans From Investing In Chinese Companies That Support China’s Military
The Trump administration issued an executive order on Thursday afternoon that effectively bans Americans from investing in Chinese companies that support China's military, in a move that further escalates already high tensions between the world's two largest economies. Read more
Social
FreeME Digital CEO, Michael Ugwu acquitted by Ibadan court after 7-year legal battle with iROKO Partners
On November 13, 2020, the CEO of FreeMe Digital, Michael Ugwu took to his Instagram page to announce that he had been acquitted of all charges brought against him by iROKO Partners - led by co-founder and CEO, Jason Njoku. Ugwu was CEO of the now defunct streaming platform, iROKING between August 2012 and October 2013 when he exited his role. Since then, Ugwu and his former employers have been embroiled in a seven-year legal battle. Read more
Toke Makinwa loses in court to ex-husband Maje Ayida in defamation lawsuit
Media girl Toke Makinwa has lost in court to her former husband, Maje Ayida over a lawsuit he filed against her. The fitness expert had sued Makinwa over her book 'On becoming' where she revealed all that happened in their 13-year relationship and how he got his girlfriend pregnant while married to her. Read more
BBNaija's Nina shares photos of her son's face for the 1st time
Former housemate of the reality TV show, Big Brother Naija, Nina Chinonso Onyenobi has for the first time shared photos of her son's face. The reality TV star took to her Instagram page on Thursday, November 12, 2020, where she shared adorable photos of her son, Denzel. Read more
AGS Quote of the day
“You should never feel hopeless. Your road to recovery will be very personal so take what works for you and leave out whatever doesn't.” - C.M. Fraser
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.