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

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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.

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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.

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FemyWalsh Limited is a sister company of Integrated Management Resources (IMR), an Isle of Man-based company

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Renovation: Tinubu, Shettima’s official quarters to gulp N6.36bn

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The Federal Government has allocated a total of N6,364,181,224 billion for the renovation and rehabilitation of the residential quarters of President Bola Tinubu, Vice President Kashim Shettima, and some of their aides in the 2025 budget proposal.

Sunday PUNCH’s analysis of the proposed allocation, contained in the 2025 Appropriation Bill presented to the National Assembly, showed that the annual maintenance of the Presidential Villa would gulp N5.49bn.

According to the proposed budget, N765m will be used for the renovation of the Vice President’s quarters and guest house.

The renovation of the president’s quarters at the State House will cost N6.39m, while the renovation of security quarters, auditorium, gymnasium and presidential aides’ quarters will cost N49m.

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In addition, the renovation of Prescott barracks at Maple State House officers’ mess building and signal office in Asokoro, Abuja will cost N51m.

Further analysis of the budget revealed that Tinubu and his vice are also expected to have N87m as honorarium and sitting allowances, while N127m was allocated for the procurement of SUVs.

Also, N3.66bn was budgeted for the purchase of State House operational vehicles and N1,09bn will be spent on replacement of SUV vehicles at the State House.

Under the budget of the State House Lagos Liaison Office, there is an allocation of N14.72m for the routine maintenance of State House Lagos facilities (Dodan Barracks, Vice President guest houses at Ikoyi, among others).

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Another N140.10m was allocated for the completion of renovation and furnishing of the State House annex (Dodan Barracks), Lagos.

Meanwhile, the Federal Government is planning to spend N1.83bn on converting forfeited properties from the Economic and Financial Crimes Commission into State House quarters.

The plan to convert forfeited houses from the EFCC comes in the same month that the commission disclosed the recovery of an estate in the Lokogoma District of Abuja, measuring 150,500 square metres and containing 753 units of duplexes and other apartments.

The commission described this as its “single largest asset recovery” since its inception in 2003.

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The estate rests on Plot 109 Cadastral Zone C09 of the district, and was forfeited in a ruling on Monday, December 2, 2024, by Justice Jude Onwuegbuzie.

(Punch)

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SEE NAIRA Rates Against The USD, GBP, EURO Today December 23, 2024

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WHEN we look at this month, USD was traded at ₦ at the beginning of this December on Monday, December 2, 2024. As at today with USD being traded at ₦1,655 we see a % for United States Dollar to Naira exchange rate for this month.

On this page, we are primarily focusing on the Black Market Dollar To Naira Exchange Rate Today, the USD to Naira currency pair are the most traded currency in the FX market.

Black Market Exchange Rates
Buying Rate
Selling Rate
Dollar to Naira 1655 1640
Pounds to Naira 2150 2000
Euro to Naira 1730 1700
Canadian Dollar to Naira 1146 1135
Rand to Naira 52 43
Dirham to Naira ‎0 0
Yuan to Naira 62 62
G.Cedi to Nair 70 50
CFA F. (XOF) To Naira 0.83 0.81
CFA F. (XAF) To Naira 0.74 0.74
READ ALSO: INSIDE LIFE: 26-Year-Old Lady Died In Bangladesh With No One To Claim Her Body, She Is A Nigerian From Enugu (SEE PHOTO)

Having full knowledge how much USD to NGN black market exchange rate today will give you a better opportunity to plan and make informed decisions.

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Passengers Stranded As Warri-Itakpe Train Derails In Delta Community

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Passengers of a train plying the Warri-Itakpe route escaped death on Sunday as the train derailed at Okpara in the Ethiope East Local Government Area of Delta State.

It was gathered that the passengers were stranded following the incident that happened at about 10pm.

According to eyewitness accounts, some of the passengers got to their destinations on Monday morning.

“The incident happened at Okpara Station last night. They stole many people’s phones and other valuables when they slept at night,” a source said.

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“It’s this morning that everybody began to find their way to their various destinations.”

The Nigerian Railway Corporation confirmed the incident in a statement by its spokesman, Yakub Mahmood on Monday.

Mahmood said the service will resume shortly, adding that a team of engineers is at the site of the incident to ensure the track is restored soon.

According to him, the train service will resume as scheduled on Monday afternoon.

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The statement reads in part, “The management of the Nigerian Railway Corporation (NRC) hereby informs the general public, especially our valued passengers that ply the Warri-Itakpe route, that following the minor derailment yesterday at the Okpara station, the service will resume shortly as our team of engineers are at the site of the accident to ensure the track is restored anytime soon.

“However, Itakpe-Warri (Ujewu) train will resume as scheduled in the afternoon today.

“All inconveniences caused as a result of the minor derailment is highly regretted.”

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