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Evaluating the Impact of the Coastal Road Project on Landmark Beach and the Insights of Paul Onwuanibe In January 2025, a significant event unfolded along Nigeria's southern coastline—the demolition of Landmark Beach. This decision was part of a grander scheme orchestrated by the government, aimed at constructing a 700-kilometer coastal road that will eventually link the bustling city of Lagos with the serene state of Calabar. But what does this mean for the local economy, for tourism, and for the very…

In a significant turn of events, Nigeria's Economic and Financial Crimes Commission (EFCC) has initiated a profound investigation into a staggering $2.9 billion refinery fund scandal. This revelation has exposed over ₦80 billion associated with the recently dismissed Managing Director of a key refinery, casting a bloody shadow over the nation’s energy sector. As details unravel, the implications ripple through a web of connectivity that affects not only the refinery's operations but also the broader landscape of…

Confidence Amidst Uncertainty: Tesla's Historical Leadership Dynamics In a world marred by volatility, a significant discussion unfolded on Wednesday regarding Elon Musk's stewardship of Tesla. Robyn Denholm, the board chairwoman, expressed unwavering confidence in Musk’s leadership following a report by The Wall Street Journal that hinted at internal tensions, suggesting the board had considered seeking a new CEO. The dynamics between an influential CEO and a board of directors can be a…

The Impact of Tariffs on Small Businesses and Economic Stability The recent implementation of a staggering 145% duty on Chinese imports is more than just a headline; it’s a potential tipping point for many American businesses. Ryan Petersen, the CEO of Flexport, raised this alarming possibility during a recent episode of The Prof G Pod, asserting that this drastic measure could lead to "mass bankruptcies." His insights prompt us to ask: what happens to small businesses when the market suddenly shifts beneath their feet?…

Imagine a swift change in direction for one of the world’s largest oil corporations. Today, we witnessed just such a transformation in Nigeria’s energy landscape. In a significant announcement, the presidency declared Bayo Ojulari as the new CEO of the Nigerian National Petroleum Corporation (NNPC). This change comes swiftly after the removal of Mele Kyari from the same position. “Every beginning has an end; however, every end is also a new beginning.” — these words from an anonymous thinker…

Restructuring for a New Dawn at Nigeria's NNPC On an ordinary morning, beneath the picturesque skies that often grace Nigeria, President Bola Tinubu made an extraordinary decision, one that would ripple across the oil-rich nation: the dissolution of the board of the Nigerian National Petroleum Company (NNPC). Among those relieved of their duties were notable figures such as its Group Chief Executive Officer, Mele Kyari, and Board Chairman, Pius Akinyelure. The sun had barely peeked over the horizon when presidential…

Ethio-Kenya Business Conference: A New Horizon for Collaboration Imagine a partnership that unlocks the potential of an entire continent. Ethiopia, standing as a strategic entry point into the African Continental Free Trade Area (AfCFTA), emerges as a natural gateway for Kenya, facilitating access to the expanse of North Africa. This notion was passionately articulated today by Tobias Alando, the CEO of the Kenya Association of Manufacturers (KAM), at the Ethio-Kenya Business Conference convened in Addis Ababa. In a…

Navigating the Green Transition: A Global Perspective In the relentless march towards a greener world, there's one name that continually echoes across boardrooms and government offices: Shukhrat Ibragimov. Appointed as the chairman and CEO of the Eurasian Resources Group (ERG) in 2024, Ibragimov has steadfastly forged alliances, most notably with China, proclaiming: “There is no green transition without China.” This assertion speaks volumes not only about his vision but also about the intricate web of…

Recently, Meta Platforms made headlines by appointing three new members to its board, one of whom is Dana White, the head honcho of the Ultimate Fighting Championship (UFC) and a well-known associate of the incoming president, Donald Trump. The social media giant also recognized Charlie Songhurst—a savvy investor and ex-Microsoft executive—and John Elkann, the CEO of Exor, a company owned by Italy's Agnelli family, which has stakeholdings in a plethora of European enterprises, including luxury brands like Ferrari and…

The CEO of Madagascar Oil, Russell Kelly, heard this weekend by the criminal brigade, explained himself during a press conference. The man indicates that the majority owner of Madagascar Oil, the Benchmark group, would have been contacted via email by Paul Rafanoharana -Franco-Malgache arrested on Tuesday, July 20, to jeopardize state security.…