JTownGist

Iyanya and Ubi Franklin keep insisting they are still together running Made Men Music Group but it's kinda odd that Iyanya now has his own label, where his new album will be released and just announced that he's signed a management deal with a new management company. Above is what he wrote...

Skye Bank Plc, one of Nigeria’s so-called strategically important banks (SIBs), came under the hammer of the Central Bank of Nigeria (CBN)  on Monday  as the apex bank sacked the board and management of the bank, in an extreme step usually reserved for internally irredeemable organisations. Ordinarily, the power to appoint, change, alternate or discipline directors of an organisation lies in the hands of the shareholders at a general meeting. The CBN, like other regulators, however performs oversight function of reviewing the personality of any prospective director or management staff in line with the code of ethics of the industry. The aforementioned highlights the significance of the step taken by the CBN  on Monday  and clearly underscores that the sweeping sack of directors and management staff is a takeover of the running of the bank by the apex bank. Those affected by the whirlwind included the chairman, Dr Olatunde Ayeni, all non executive directors...

Forbes writer Nsehe Mfonobong interviewed former journalist turned entrepreneur Rotimi Williams who owns the second largest rice farm in Nigeria. Read the feature below... Nigerians consume more than 5 million metric tons of rice every year, with a significant portion of its consumption needs sourced from imports. Rotimi  Williams  WMB -4.95% , an ambitious 35 year-old Nigerian entrepreneur and rice farmer, is on a quest to change that. Williams, a former Journalist, is the owner of Kereksuk Rice Farm, the 2 nd  largest commercial rice farm in Nigeria by land size. His farm, which is situated in Nasarawa state in northern Nigeria, currently sits on 45,000 hectares and employs more than 600 indigenes of Nasarawa. I recently caught up with the budding entrepreneur in Lagos, and had a brief chat with him where he recounted his journey and mused on how Nigeria can attain self-sufficiency in rice production in the near future. What’s your educational and professiona...

Billionaire businessman, Tony Elumelu, shared the photo above showing him shaking a UBA security guard, Mohammed Ibrahim Ogbanago, who found and returned $10,000. While sharing the photo on his IG page, Elumelu wrote "Last month, Mohammed Ibrahim Ogbanago, a security guard at the @ubagroup branch in Oba Akran, found $10,000 outside on the ground at his branch. In an unparalleled display of integrity, he decided to return the money. When I heard about this story, I knew I had to meet the man who despite facing rising petrol & transportation prices and “tomato ebola” returned such a huge sum of money without recourse to himself. It was a pleasant surprise to hear him tell this story and about how he came to be in the board room with us. Even more surprising was hearing him speak about his passion for governance and integrity in leadership. Mohammed Ibrahim Ogbanago is an exemplary ambassador of the UBA spirit and it was fulfilling to meet and reward him for his cond...