News
SOUQ TV/The Isle FM concludes intensive mgt retreat(Photos)

FemyWalsh Limited, owner and operator of SOUQ News TV and The Isle 109.4 FM, has concluded a management retreat for its management staff and executives. The intensive five-day programme, designed to outline the company’s strategic plans and enhance operational efficiency and leadership skills, was held at SOUQ News headquarters in Lagos.
This training initiative is part of SOUQ News TV/The Isle FM’s ongoing commitment to enshrining a culture of continuous learning and professional development. Over five days, participants engaged in workshops, interactive sessions, and case studies led by leadership and management experts and seasoned professionals within and outside the company.
The week-long series of training also marked the onboarding of our esteemed new appointments, who are set to play pivotal roles in our future growth. We welcome Ikenna Mbah (Head of Radio), Temitope Omole (Head of Programmes), Chuks John-Rogers (Head of TV), Kayode Shopekan (Head of News), Joy Asonye (Abuja Correspondent) and Ayoola Babalola (Abuja Bureau Chief) to our team.
During the retreat, participants were immersed in a transformative experience. They were guided through crucial comprehensive strategic planning and execution skills, delving into market analysis, competitive positioning, and long-term business planning. Interactive sessions with industry experts provided insights on emerging trends and technologies shaping the media industry. This retreat has equipped our team with the skills and knowledge needed to operate successfully not only for today’s modern industry, but also in the newsroom of the future.
Victor Walsh Oluwafemi, CEO/President of FemyWalsh Limited, reiterates our commitment to continuous learning and professional development. He describes this retreat as an integral aspect of our strategy, providing our people with the required tools and insights as we embark on our mission of crafting a new narrative for business journalism in Africa. This training underscores our dedication to maintaining the highest standards of excellence and innovation at SOUQ News TV and The Isle FM.
Similarly, Dr Idahosa Osamhanze, Vice President of FemyWalsh, says, “This training has provided our leaders with new tools and perspectives to enhance their operational efficiency and strategic thinking.” Sam Orowvuje, Vice President, states, “We are confident that the skills acquired will positively impact our organization, driving us forward to achieve even greater success.”
“The insights and strategies shared during this program are invaluable for our management team,” says Jide Taiwo, Chief Operating Officer of SOUQ News TV / The Isle FM. “We believe that continuous learning is crucial for staying ahead in the competitive media environment, and this program has reinforced that commitment.”
SOUQ News TV is a digital satellite television station licensed for operations in Nigeria and the United Arab Emirates. Its mission is to deliver accurate, unbiased news and analysis. It focuses on finance, economics, trade, entrepreneurship, policy, and innovation. The Isle 104.9FM is a licensed terrestrial radio station that caters to the business community and is billed to commence operations in Q3 2024.
FemyWalsh Limited is a sister company of Integrated Management Resources (IMR), an Isle of Man-based company
News
Council poll: APC working on consensus candidates ahead of primaries

Lagos State chapter of the All Progressives Congress (APC) is working towards consensus candidates for the upcoming primary election scheduled for Saturday.
The move is part of the party’s efforts to maintain unity and reduce internal frictions.
Five aspirants emerged unopposed following the screening organised by the party.
The incumbent Chairman of Surulere Local Government, Sulaimon Yusuf; his counterpart in Iba Local Council Development Area (LCDA), Jubril Yisa; Motunrayo Alogba of Ijede LCDA and Kasali Bamidele in Lekki LCDA emerged unopposed. A new aspirant, Azeez Kareem, was the only person cleared to contest in Oto-Awori LCDA.
Chairman of the APC Lagos State Electoral Committee, Babatunde Ogala, SAN, in an interview with The Nation, disclosed that more aspirants had emerged unopposed following interventions from the party leaders.
He expressed optimism that many more aspirants would step down before the Saturday primary election.
“We are hoping to have at least 70 per cent consensus candidates going into the primary election. If we can achieve that, it will leave us with only 30 per cent to conduct primaries for,” he said.
According to him, the appeal committee, headed by Mr. Adeniji Kazeem, SAN, has been sitting for the past two days and has received over 100 petitions.
Ogala said the committee had treated over 70 of the petitions and would conclude their assignment today (Wednesday).
He explained that while the party had prepared for indirect primaries, involving delegates drawn from local government executives, efforts were ongoing at various levels to arrive at consensus candidacies in many wards.
He said electoral materials were being finalised for distribution by Saturday, with electoral officers already appointed to oversee the process in all 57 local councils.
Ogala said security had been fully arranged in collaboration with the police, DSS, civil defence and Lagos traffic officials to ensure order and smooth movement at the secretariats where the primaries were expected to take place.
According to him, the party is also scheduled to hold a key stakeholders’ meeting today with senior officials and aspirants to finalise agreements and chart the way forward.
News
$400m steel factory set to begin operations in Ogun

President of Inner Galaxy Group, Mr. Li Shuang, yesterday, disclosed that his company was ready to set up a $400 million hot rolled coiled steel factory with the capacity to employ about 6,500 direct and indirect workers in Ewekoro Local Government Area of Ogun State.
He made this known while leading a delegation of principal officials of the organization at the Governor’s Office located at Oke-Mosan, Abeokuta.
He added that the company is expected to commence operations in April 2026, saying the organization, a multinational company with vast investments in Asia, the Philippines, Malaysia, and some African countries like Ghana and Angola, entered the Nigerian market in 2005, producing iron rods for the building industry.
Governor Dapo Abiodun expressed delight in the huge investment, as he ascribed the success to his administration’s deliberate and intentional move to make the state the leading industrial hub in Nigeria and the West Africa sub-region.
“This is a $400 million investment; this aligns with the President’s vision to ensure that we grow this economy to a trillion dollars, and I think that you will be contributing your quota in achieving that. We are excited that you will also be employing people.
“I will be commissioning a multimillion-dollar diagnostic equipment facility during the week. This administration has managed to attract quite a lot of industries in the last six years,”
Abiodun noted that the state is blessed with abundant human and natural resources, adding that alluvial gold had been discovered in large quantities, just as the state has the highest quality of lithium.
News
Ndume backs Tinubu’s ban on foreign goods

Senator Ali Ndume has applauded President Bola Tinubu’s decision to ban the importation of foreign goods that can be produced locally, describing it as a major incentive for indigenous manufacturers.
The ban was announced by the Minister of Information and National Orientation, Mohammed Idris, during a media briefing following Monday’s Federal Executive Council meeting in Abuja.
According to Idris, the policy is part of the administration’s broader “Renewed Hope Nigeria First Policy,” aimed at revitalising the local economy and boosting local content.
In addition to restricting imports, the Federal Government also announced tighter controls on the employment of expatriates, saying that going forward, foreign workers would only be allowed to take on jobs that cannot be executed by Nigerian contractors or artisans, unless expressly approved by the Bureau of Public Procurement (BPP).
Describing the move as a landmark decision, the senator who represents Borno South, said it would significantly strengthen local businesses, create jobs and reduce the pressure on Nigeria’s foreign reserves.
“It is heartwarming to hear that President Tinubu has taken this bold step to ban the importation of goods that can be produced within our borders. This is a major boost for indigenous businesses, especially at a time when our economy is struggling,” Ndume said in a statement yesterday.
He added that proper implementation of the policy would protect local manufacturers from being driven out by foreign companies flooding the market with cheaper, often substandard products.
“With stronger support for local industries, we will see more job creation for our youths, an increase in our Gross Domestic Product (GDP), and an appreciation in the value of the Naira due to reduced demand for foreign exchange,” he said.
Ndume also urged the government to go a step further by imposing steep taxes on select imported goods. “This will discourage the consumption of foreign products and encourage Nigerians to patronise locally made alternatives,” he said.
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