FG To Open Country’s Land Borders Soon — Zainab Ahmed |The Republican News

Minister of finance and budget, Mrs Zainab Ahmed

The FG has disclosed that the nation’s land borders could be reopened soon, after being closed for over a year.

By Chike Olisah

The Federal Government has announced that the country’s land borders which have been closed since August 2019 may be reopened soon.

The country’s various borders were shut down to curtail the smuggling and illegal importation of drugs, small arms, food and agricultural products into the country and even the smuggling of petrol from Nigeria to neighbouring West African countries.

This disclosure was made by the Minister of Finance, Budget and National Planning, Zainab Ahmed, during a media chat with State House correspondents on Wednesday, November 25, 2020, in Abuja.

According to a report by Punch, Ahmed revealed that the presidential committee set up to look into the matter has completed its assignment and has recommended the reopening of the borders.

Although the minister did not disclose when the report will be submitted, she, however, said the committee would soon submit its report to President Muhammadu Buhari after which a formal pronouncement would be made on the matter.

Details later…

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Igbo Apprenticeship System Reason Others Resent The Igbo Because They Kept It To Themselves —Aisha Yusufu

Aisha Yusufu

Nigerian activist, Aisha Yesufu has stirred up a debate on Twitter after sharing her opinion that the Igbo apprenticeship system have contributed to why many people from other tribes resent Igbos.

It is given that the age long Igbo apprenticeship system has produced a lot of multimillionaires of Igbo extraction to the wonder of many from other tribes.

The Igbo apprenticeship system allows a businessman take a young person to learn about his business and eventually get settled (given start-up capital) after an agreed period of time, which usually lasts between 5 to 7 years. During the service period, the younger person (servant) serves the businessman (master) while learning the business.

The Igbos have used the system to build themselves and relatives into renowned business men and women even where apprentices have little, or no formal education.

A Twitter user had said: “The Igbo’s apprenticeship program is the only ‘MBA’ class in the world that teaches the real intricacies of running a business, the practical application of SWOT and PESTEL analysis. And when you graduate, they’ll give you seed capital to start the business. A system that works.”

In replying the tweet, Aisha Yesufu pointed out that “The Igbo apprenticeship is an amazing system and the reason Igbos are great in business.”

However, she went on to say that “Everything has it’s advantage and disadvantage and that same system has also portrayed Igbos as clannish people who only employ their own people and never assimilate”

Her tweets opened up a debate as she went on to state that the apprenticeship system have contributed to Igbos been resented the same way Jews are resented.

She went on; “These are my opinions and thoughts over the years and I might be completely wrong but this is how I see it

“There is a need to take a deliberate look at the Igbo apprenticeship system & begin to look at ways of inclusion. It can start with 5% inclusion of others. When you always go to your village to bring those that will work for you how do you expect the people where you are to feel?

“Just like the Jews, Igbos are resented & I have always wondered why? Is it because they are successful and can achieve anything from nothing? Is it the resilience? I concluded it is because it seems no matter how long they stay with you or you with them you are never one in biz

“A situation where as a business person you only employ your people via the apprenticeship model & no matter how long you stay in a place you never employ the indigenes there except to load and off load. there will be resentment. More if it is not one off experience but the norm

“The Jews too have that trait. Family businesses. Helping each other grow in business and capacity to gang up(if na one naira na one naira) on business issues are common traits shared by both Igbos and Jews. The others feel like outsiders not allowed to share in the goodness

“Systems are to be looked at and upgraded from time to time. It is also important to look at how things are perceived by others. You don’t have to change but just know this is how this action is seen by others

“In all the riots I witnessed as a child, I always say it is more economical than religion. Host community usually think it is the others that kept them impoverished. They feel those monies would have been theirs if these people weren’t there. People don’t blame their lazy selves.

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10 Richest Men Of All Time, Jeff Bezos Is Number 9, Mansa Musa Still Number 1 |The Republican News

by  Tunde Ososanya

The world has a lot of wealthy people who are excelling in their businesses and inspiring others to be like them. These people are not the focus of this article, but the 10 richest men of all time. brings to you a list of 10 richest men of all time, courtesy of

10. Genghis Khan

Genghis Khan A. Dagli—De Agostini/Getty Images Source: Getty Images

Genghis Khan of the Mongolian Empire lived between 1162 and 1227. He was a military leader. He was said to be generous with his wealth. According to scholars, Khan never hoarded his wealth.

9. Jeff Bezos

As at the time this list was compiled in 2014, billionaire businessman Bill Gates was number 9, but Jeff Bezos should take that slot since his net worth is now more than Gates’. Bezos is the founder of Amazon. The American industrialist was born on January 12, 1964. He has a net worth of $147.4 billion. Finally! The list of the richest rappers in the world 2019 Jeff Bezos.

Photo credit: Source: UGC 8

8. Alan Rufus (a.k.a. Alan the Red)

Alan Rufus was the nephew of William the Conqueror. He was said to have joined his uncle in the Norman conquest.

According to Philip Beresford and Bill Rubinstein, Rufus died with £11,000. That would amount to $194 billion in 2014 dollars.

Alan Rufus. Photo credit: Bodleian Library Oxford—The Art Archive Source: UGC 7.

7. John D. Rockefeller

John D. Rockefeller lived between 1839 and 1937. He began investing in the petroleum industry in 1863 and by 1880 his Standard Oil company controlled 90% of American oil production. According to his New York Times obituary, Rockefeller was valued at about $1.5 billion. His wealth was equivalent to $341 billion in 2014.

John D. Rockefeller Sr. Seattle Times/JR Partners—Getty Images Source: Getty Images

6. Andrew Carnegie

Andrew Carnegie lived between 1835 and 1919, and he was worth $372 billion.

Andrew Carnegie standing on the steps of his estate, circa 1910s. Corbis Source: UGC

5. Joseph Stalin

Joseph Stalin lived between 1878 and 1953. He controlled USSR’s wealth, which had 9.6% of global GDP. Multiple economists nominated him as one of the richest people of all time because it was almost impossible to separate his wealth from the wealth of the Soviet Union.

Joseph Stalin. Photo credit: Ullstein Bild—Getty Images Source: Getty Images

4. Akbar I

Akbar I lived between 1542 and 1605. He ruled the India’s Mughal Dynasty, which had 25% of global GDP.

Akbar I. Photo credit: Peter Newark Pictures—Bridgeman Images Source: UGC

3. Emperor Shenzong

Emperor Shenzong lived between 1048 and 1085. He ruled the China’s Song Dynasty, which had 25% to 30% of global GDP.

Emperor Shenzong Pictures from History—Bridgeman Images Source: UGC

2. Augustus Caesar

Augustus Caesar lived between 63 BC and 14 AD in Rome. His wealth stood at $4.6 trillion. He was in charge of an empire that accounted for 25% to 30% of the world’s economic output and at one point, he held personal wealth equivalent to one-fifth of his empire’s economy. In 2014, that fortune was equivalent to about $4.6 trillion.

Augustus Caesar. Photo credit: Hoberman Collection—UIG via Getty Images Source: Getty Images

1. Mansa Musa

Mansa Musa, who lived between 1280 and 1337, is the richest man of all time. The 14th century emperor of Mali was richer than anyone could describe.

Mansa Musa. Photo credit: Pinterest Source: UGC Top


Obasanjo’s Mango Farm In Benue To Employ 1000 Workers, Plans To Build Juice Making Factory |The Republican News

Former President, Dr Olusegun Obasanjo

Former president, Olusegun Obasanjo, says his mango plantation in Howe, Gwer East Local Government Area will employ over 1,000 workers in Benue State.

Mr Obasanjo made the disclosure on Monday in Howe during a visit to the farm to inspect the progress made so far.

He said the plantation would produce and process finished products such as juice from assorted fruits and oil from the seeds that could be used by pharmaceutical companies among others.

“I have come for four things, first to see how the farm has started, thank the governor for his encouragement; thank the community for accepting us and lastly give the workers the way forward.

“The workers are from this community. The mangoes will start producing between three to four years time. We have about 140 hectares of land for the project.’’

The former president said that factories for processing fruits would be built and over a 1,000 people would be employed at completion.

He said the oranges, mangoes and other fruits produced by farmers in the state would not enough be enough to run the factories, hence the need for the plantation.

Governor Samuel Ortom of Benue State, who accompanied Mr Obasanjo on the visit, said the state government was ready to facilitate the enabling environment for investors to invest.

Mr Ortom said agriculture remained the only permanent gold mine in the country, stressing that it was even far more than oil.

He said his administration would support the private sector and promote development and provide employment for the Benue people.

The News Agency of Nigeria (NAN) reports that Mr Obasanjo had earlier laid foundation of the Catholic Diocese of Makurdi School for “Children with Special Needs” in Igbor, Gwer East local government area.


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Nigerian Oil Mogul, Igho Sanomi Forfeits Private Jet, 3 London Homes To Swiss Bank Over $3m Debt

Igho Sanomi
Igho Sanomi, a Nigerian billionaire has forfeited his private jet and 3 London homes to a Swiss bank over a $3million debt. The Nigerian billionaire was a guarantor for a credit facility extended to one of his companies by Credit Suisse Group AG, the Swiss bank. It was further gathered that another bank, Banque Cantonale de Geneva has already made a freezing order against the London properties, just as ING Groep NV filed a suit against Sanomi for Taleveras’s unpaid debts.
A written submission to a London court last week by Andrew Brown, counsel to Credit Suisse, read in part;”Three properties owned by Sanomi, including apartments in Chelsea, West London, and Belgravia, in the heart of London’s diplomatic quarter, have already been identified as assets that may have to be forfeited if he loses”.
Though lawyers of Igho Sanomi, the Nigerian billionaire who has forfeited his private jet and 3 London homes didn’t respond to request for comments but affirmed knowledge of the case, however, the bank’s lawyer revealed that the billionaire “has not put in any defence or objection to the charging orders”.  
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Dangote, Africa’s Richest Man To Bid For Chelsea FC, If Kroenke Fails To Sell Arsenal

Africa’s richest man, Aliko Dangote

by MhizMuna

Is Dangote offering to buy Chelsea? Africa’s Richest man drops a hint, Nigeria’s richest man and Arsenal FC supporter, Aliko Dangote has revealed he might be interested in owning another football club if his offer to buy the London club yet again fails.

Dangote expressed his interest to acquire Arsenal back in 2017 and has continued to make open advances for a deal should majority shares owner Stan Kroenke be willing to listen.

Arsenal is worth $2.5billion and are the most profitable football team in the world behind Manchester United, but it shouldn’t be a problem for the Fulani Business Magnate whose current net worth is put at $10.4 billion, per Forbes.comIn an interview last year in Singapore, Dangote restated his desire to make another bid to buy the Gunners because ‘I am very attached’ to the club.

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Nigerian Businessman Loses N177.5m To Chinese Fraudster, Sues Bank


Cash found in a flat in Ikoyi, Lagos, The Republican News

Oladimeji Ramon

A Nigerian businessman, Umegelo Emmanuel, has dragged Zenith Bank Nigeria Plc before the Lagos State High Court in Igbosere after being allegedly swindled out of his N177, 500, 000 by a Chinese, whose name, was given only as Ms Muna.

The businessman is urging the court to compel Zenith Bank to pay him the N177.5m, which he allegedly lost to the Chinese fraudster.

Emmanuel, in his statement of claim before the court, explained that he entered into a business agreement with Muna, who has a business interest in Nigeria, for the Chinese to help him purchase some goods from her country, China.

Emmanuel said because of his long-standing banking relationship with Zenith Bank, he insisted that Muna should provide a Zenith Bank account.

The businessman said, as a result, the Chinese provided him with a Zenith Bank Account No: 1005689704, with an account name, Xian Fang Li.

Emmanuel said he confirmed that the account existed before transferring the N177.5m into it.

“But shortly after the money was paid into the account, Ms Muna refused to deliver the goods and subsequently stopped picking my calls and blocked all my access to her contact.

“I have visited China twice in search of Ms Muna and had even reported the matter to the Chinese police and the Chinese Embassy but all my efforts to locate the said Ms Muna has proved abortive,” the businessman said.

He said an investigation by the police in Nigeria showed that “the utility bills presented in opening the Xiang Fang Li account were fictitious and the signature of one of the purported referees to the Xiang Fang Li account, Mr  Kazeem Lawal, was conclusively found to be forged.”

The businessman contended that the bank did not do its due diligence “to verify the true identity of the account holder, the true identity of the referees supplied during the account opening as well as the validity of the account opening documents.”

He is, therefore, seeking, among other prayers, “a declaration that the defendant is negligent and reckless in her duties to the claimant and the public in general.”

He wants the court to make  an order “mandating the defendant to refund the sum of N177,000,090 to the claimant being the sum lost by the claimant due to the negligence of the defendant.”

He wants the court to award N10m against the bank “as general damages against the defendant for breach of contract.”

Emmanuel wants the money to be paid with 15 per cent interest before judgment and 21 per cent post-judgment.

But the bank has urged the court to dismiss the businessman ’s suit against it.

While absolving itself of complicity in Emmanuel’s loss, Zenith Bank contended that Emmanuel did not contact it for advice on the alleged business transaction he had with Muna before paying the sum of N177.5 into the supplied account.

“The claimant failed to request a bank guarantee of the alleged sum from or requested that the defendant issue a confirmation or a letter of comfort before dealing with both Ms Muna and Xian Fang Li.”

The court has yet to fix a date to hear the suit.  (Punch)

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Make Up Fan, 29, With No Business Background Turns A Fledgling Beauty Range Into Booming Brand Loved By Stars

  • Charlotte Davis, 29, from London, had been working in events
  • Met a celebrity hairdresser who wanted help with branding Bardou 
  • Charlotte quickly realised that the business needed a complete overhaul
  • In just two years, she has turned the fledgling brand into a booming business
  • Opened a flagship salon in Marbella, and launching the products on QVC
  • Charlotte lives an enviable lifestyle, flying around the world on a private jet 

A woman who had zero experience in the beauty industry has helped turn a luxury product range into a booming brand with stockists all over the world and countless celebrity fans.

Charlotte Davis, 29, from London, was working in events and digital marketing when she met a celebrity hairdresser who wanted help branding Bardou – a range of shampoos, hair styling products, lip plumpers and brow boosters.

Having agreed to get on board, Charlotte quickly realised that the business needed a complete overhaul, so took on that role herself despite having no experience in business – or beauty.

In just two years, she has turned the fledgling brand into a booming business, opened a flagship salon in Marbella, an express beauty salon in Covent Garden, and is now set to launch the products in the US and United Arab Emirates.

The entrepreneur has also amassed thousands of followers on Instagram, where she documents her enviable life flying all over the world in a private jet, dining at lavish restaurants and holidaying with her celebrity friends.

Charlotte Davis, 29, from London, was working in events and digital marketing when she met a celebrity hairdresser who wanted help branding the company, Bardou. She has since totally spearheaded the beauty brand's overhaul and turned it into an overnight success 

Charlotte Davis, 29, from London, was working in events and digital marketing when she met a celebrity hairdresser who wanted help branding the company, Bardou. She has since totally spearheaded the beauty brand’s overhaul and turned it into an overnight success

Speaking to FEMAIL about her leap from brand representative to businesswoman, Charlotte said: ‘For me, Bardou was presented to me like a chef’s job in a super high-end kitchen.

‘I took the face of the brand role, thinking that my involvement would be nothing more than turning up and looking the part.

‘I soon realised the business needed a lot of structure and nurturing, and needed to be taken over to be a functioning brand. I realised I had to take over the whole kitchen, becoming like a head chef.

‘I had never done anything like what I was about to do – and everything I was about to do was going to become the biggest lesson of my life.’

Charlotte took the role of overhauling the company on herself, despite having no experience in business or beauty, and now lives a lavish life jetting around the world

'I had never done anything like what I was about to do and everything I was about to do was going to become the biggest lessons of my life,' said Charlotte of the challenge

Charlotte, left, on a private jet, and, right, on a yacht abroad, says that running your own business genuinely means being prepared to do everything and anything it takes to see it succeedCharlotte is pictured soaking up some sun on a holiday abroad
Charlotte, left, on a private jet, and, right, on a yacht abroad, says that running your own business genuinely means being prepared to do everything and anything it takes to see it succeed
Bardou is a range of shampoos, hair styling products and lip plumpers and brow boostersCelebrity fans include Love Island's Olivia Buckland, left, and TOWIE's Chloe Lewis, right
Bardou is a range of shampoos, hair styling products and lip plumpers and brow boosters. Celebrity fans include Love Island’s Olivia Buckland, left, and TOWIE’s Chloe Lewis, right


‘One day I may be at QVC being prepped on their ‘over the garden fence technique’ of being a guest presenter, and the next I might be doing invoice reconciliation and accounts.

‘Now when I am asked what I do daily I say “whatever it takes”.

‘Running your own business genuinely means being prepared to do everything and anything it takes to see it succeed.

Charlotte said she had to completely learn the ropes ‘overnight’, from understanding what makes a great shampoo to discovering why some beauty products outperform others.

‘I had to reinvent myself as a beauty mogul and as time went on, I took more and more control over the business,’ she said.

The silver lining, she says, is that the product has benefited as a result of her initial lack of experience.

‘My approach was as a consumer, with a genuine passion for hair and beauty, so the product became better as a result,’ said Charlotte.

Charlotte said she had to completely learn the ropes 'overnight' - and now she flies all over the world on a private jet

Charlotte says your first motivation has to be driven by the love and passion for what you do - and despite her glamorous, Instagram-friendly life, she spends many nights working into the small hours

Famous fans of the brand, which sells shampoo for £12 and lip boosters for £15, now include the likes of Abbey Clancy, Rosie Fortescue, Caroline Stanbury, June Sarpong, Sophie Stanbury and Misse Beqiri.


Research your industry and be as intimate with it as you are with a lover; it is a partnership where you need to understand what your industry is missing in order to fulfill any market gaps or needs.

Your first motivation has to be driven by love and passion for what you do.

Taking the entrepreneurial leap is not an easy road, and when the journey gets rocky, it is your passion that will carry you through.

Remember: Rome wasn’t built in a day. Anything worth fighting for doesn’t come easy.

Charlotte, who says she was ‘totally in the dark’ about how to approach e-tailers within the beauty business, has managed to secure Feel Unique as a retailer and is now in the process of launching the range on QVC.

‘It took hard work and perseverance but we managed to secure one of the biggest online retailers in the UK,’ she explained.

Discussing plans for the brand’s future, Charlotte revealed that they are hoping to increase international distribution and add new products, such as Velcro rollers that you can sleep in.

‘The aim is to continue to think about the necessities of a woman’s beauty needs, not the peripherals. It’s all about growth,’ she said.

‘Beauty has always been a personal passion of mine and now I am excited to be able to help women find their own versions of beauty. We are also adding a charitable element to the brand called The Bardou Foundation, which is in the early stages of development, aimed at helping vulnerable women.’

(MailOnline) Continue reading