Ibrahim Larmode has been removed as Chairman of Economic and Financial Commission.Those who have been following the trend of events in the anti-graft agency knew it was only a matter of time before President Mohammadu Buhari sacks
Gistmaster Blog on latest news,gossip and business info in Nigeria and all around the world
Monday, November 9, 2015
VIRGIN ATLANTIC IS NOT LEAVING NIGERIA
Virgin Atlantic is not leaving Nigeria contrary to public insinuations,following the retrenchment of it Nigerian crew.
According to Kudirat Scott-Igbene, Marketing and Communications Manager of Virgin Atlantic, the changes made were
MTN GROUP MD RESIGNS OVER MTN NIGERIA $5.2 BILLION FINE
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| Phuthuma Nhleko |
The CEO of Africa's biggest telecommunications company resigned on Monday because of a $5.2 billion fine meted out to from MTN Group's Nigerian subsidiary.
Sifiso Dabengwa was quoted in a company statement as saying he resigned "due to the most unfortunate prevailing circumstances occurring at MTN Nigeria."
Former group president Phuthuma Nhleko will act in
Saturday, November 7, 2015
Entries for UBA Foundation National Essay Competition closes November 13, 2015
Senior secondary school students in Nigeria have a few more days more to enter the UBA Foundation national essay competition, which closes November 13, 2015.
UBA Foundation, which is the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has announced that the closing date for
Wednesday, November 4, 2015
Photos: Mo Abudu, Omotola Jalade-Ekeinde, Joseph Benjamin, Others At The Heineken James Bond Premiere
The Silverbird Galeria is presently filled with top shots in the marketing, media and entertainment industries for the exclusive premiere of Heineken James Bond's latest release, "Spectre".
With senior executives from Nigerian Breweries, Marketing Director, Franco Maria Maggi, Corporate Affairs Adviser, NB, Kufre's Ekanem to top celebrities including Omotola Jalade-Ekeinde, Mo Abudu, Joseph Benjamin, Mai Atafo, Zainab Balogun, Lamide Akintobi,
Transcorp Outlines key issues affecting Power Generating Companies in Nigeria
Transnational Corporation of Nigeria Plc (Transcorp)’s power subsidiary Transcorp Ughelli Power Plc (Transcorp Power) today detailed the key issues affecting the ability of most Generating Companies (GENCOs) to operate at peak levels and increase available capacity.
The issues they highlighted are as follows:
· Since privatization there has been delayed,
and sometimes partial payment for the electricity generated. This has
FREE SHOPPING VOUCHER FOR GUESTS AT AFRIMA 2015
Unveiling the partnership deal, Director of Communication and Sponsorship, AFRIMA, Matlou Tsotsetsi said " There is a global call to action today for collaboration. Businesses, great and small are called upon to examine economic challenges and share ideas on how it can be eliminated in Africa. This is a good opportunity for us to air our views about the approaches being used to shop
Monday, November 2, 2015
NIGERIA CUSTOMS APPOINT SIX NEW DEPUTY COMPTROLLERS GENERAL
Customs Comptroller General, Col Hameed Ali (RTD)has appointed Six acting Deputy Comptrollers-General of Customs in the on-going re-organisation in the Service.
A statement by the spokesman, Mr. Wale Adeniyi, gave the names as: Idris Suleiman (Finance Administration and Technical Service); Iya Umar (Tariff and Trade); and Dan Ugo (Enforcement Investigation and Inspection).
The rest are: Grace Adeyemo (Excise, FTZ & Industrial Incentive) ;Austin Warikoru
Friday, October 30, 2015
Elohor,Owen Aisien Welcome Second Baby
Elohor and her husband,Owen Aisien just welcome their second baby together.The new born has been named Chloe.
Congratulations to the couple.
4 ways to have a wonderful time at a hotel

At the reception, the delectable receptionist welcomes you with a charming smile, she ask few questions, gives you the key to your and ushers you off to your room with that brief courtesy. For the moment, her job is done and the sole responsibility on how
Thursday, October 29, 2015
AFRICAN UNION TO HONOUR BOLA TINUBU AT AFRIMA 2015
Senator Bola Ahmed Tinubu is to be specially honoured with the
prestigious award as "Pillar of Art and Culture in Africa" by the
African Union Commission (AUC) at the All Africa Music Awards, AFRIMA 2015, scheduled
to hold on Sunday, November 15, 2015 at Eko Hotel and Suites, Victoria
Island, Lagos, Nigeria.
The International Committee of AFRIMA made this known in
The International Committee of AFRIMA made this known in
Wednesday, October 28, 2015
Photos of New Ooni, Adeyeye Ogunwusi Royal Entry Into Ile Ife
Photos of the newly appointed and anointed Ooni of Ife, Prince Adeyeye Ogunwusi making his entry in his posh black Bentley car. Read more about the flamboyant businessman and custodian of Yoruba tradition here
Hello! Union Bank wants to break the Youth market
By Niyi Tabiti
Back in the days, Union Bank pay off "Big, Strong,Reliable" was very exciting to the ears.The adverts was shown regularly on television with the logo of a horse.Union bank was always on the top five best banks in Nigeria.
However, Gistmaster findings show that Union bank management forgot to consolidate on the achievement of the
Tuesday, October 27, 2015
FAYROUZ L’ORIGINAL 2 WINNERS, TEAM MEDDLELANE TO SHOWCASE DESIGNS AT LDFW 2015
Following their big win at the second edition of Fayrouz
L’Original 2 competition, Team Meddlelane will join top designers in the
Nigerian Fashion industry to showcase their designs at the Lagos Design Fashion
Week which holds from Wednesday, October 28 to Friday, October 31st, 2015.
The team who wowed guests and judges at the star-studded
July 25th l’Original finale and went home with 4 million Naira alongside
numerous fashion opportunities
LEAP Africa set for Social Innovators Programme and Awards 2015
LEAP (Leadership, Effectiveness,
Accountability and Professionalism) Africa, a leading nonprofit organisation in
Nigeria will announce emerging social innovators finalists at the Social
Innovators Programme and Awards ( SIPA) 2015 in Abuja on November 12, 2015
themed Rage for Change: Creating Impact.
According to Iyadunni Olubode, Executive
Director, LEAP Africa, ‘Social innovation
is
Here is what Stanbic IBTC told Gistmaster about the Financial Council Issue
After publishing the news of Financial council suspension of IBTC directors,Gistmaster got a message from the bank stating their own side of the story.
Our attention has been drawn to the media statements by the Financial Reporting Council of Nigeria (FRCN) in which several inaccurate and unseemly allegations were made against Stanbic IBTC Holdings PLC (“Stanbic IBTC”). Although the matter is in court, we are
Monday, October 26, 2015
Governor Fayose is a prophet-Dogbara
Speaker of the House of Representatives, Honourable Yakubu Dogara, on Sunday, in Jerusalem, the capital city of Israel, publicly revealed how God used the Ekiti State governor, Mr Ayodele Fayose, to win the battle associated with his election as Speaker.
Giving his testimony at a special pilgrimage programme: “A day with Jesus for Nigeria in Israel,” organised by the Nigerian Christian Pilgrims Commission (NCPC), held
Stanbic IBTC Directors suspended by Financial Council over Irregularities in Financial Statements
The Financial Reporting Council of Nigeria has suspended the
Chairman of Stanbic IBTC Bank Plc, Atedo Peterside; its Managing Director, Sola
David-Borha; and two staff of KPMG, Arthur Oginga and Dr. Daru Owei, over
accounting irregularities and improper disclosures in Stanbic IBTC’s 2013 and
2014 financial statements.
The FRC in a statement on Monday, said Peterside,
David-Borha and the KPMG staff remain suspended until the conclusion of
investigation into the
Behold, The New Ooni of Ife! Adeyeye Enitan Ogunwusi
By Niyi Tabiti
When I received a phone call in August this year that the new Ooni of Ife would be Prince Adeyeye Enitan
Ogunwusi, I had little doubt. I have worked closely with the caller for some
years. He later sent a profile of the Ogunwusi. He was very sure of his
sources.
Yeah, he was right. The Osun state government just announced the confirmation of the new Ooni of Ife. He will go through several rites and would be the custodian behind 201 deities of Yorubaland. Click here to read the about the new flamboyant title holder of Ooni of Ife.
Sunday, October 25, 2015
Talk of the town wedding: Dolapo and Gbite Sijuade reveals their love story
Desperate Housewives' Dolapo Ooni has revealed the motivation behind her marriage to Prince Gbite, the second son of the late of Ooni of Ife. Dolapo said the first time they met in 2011 in Abuja, she was not responsive the first time.
But she got attracted and fell in love with him the second day at a pool party. She
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