Business
Ngozi Okonjo-Iweala bags Forbes African of the Year, 2020
Nigeria’s Okonjo-Iweala has emerged the first African woman to win Forbes’ African of the Year award.
Published
5 months agoon

Ngozi Okonjo-Iweala, Nigeria’s former minister of Finance and former Managing Director of the World Bank, has been named the Forbes African of the Year, 2020.
Forbes Africa announced on its official Twitter handle on Tuesday as it tweeted, “The 2020 #AfricanOftheYear Award honoree is…Congratulations to Dr. @NOlweala! Board Chair @Gavi; Board Chair @ARCapicity, gracing the cover of @forbesafrica,”
The honouree of the award would grace the cover of Forbes Africa magazine.
Last year’s edition of the award was also won by a Nigerian, Dr. Akinwunmi Adesina, the President of the African Development Bank (2013 and 2019). Other Nigerians that have won include Muhammad Sanusi II (2011), Aliko Dangote (2014), amongst others.
In response to the tweet by Forbes Africa on its official handle, the 66-year-old replied through her Twitter handle saying she was thrilled to win the award and also dedicated the award to Africans suffering from the impact of the pandemic.
“Thrilled to be named @forbesafrica-CNBC 2020 African of the Year following in the footsteps of my great Brothers @PaulKagame and @akin_adesina,This award is for fellow Africans suffering the health & economic impact of Covid19. The energy and resilience of Africans inspire me!,” she tweeted.
The award is coming weeks after Okonjo-Iweala emerged the overwhelming choice for the post of the Director-General of the World Trade Organisation after gaining the support of the majority of the 164 member-nations.
Business
FG launches National Gender Steering Committee for Gender Policy in the agricultural sector
The policy document is a developmental strategy for poverty reduction and it is expected to empower small scale holder farmers who are predominately women.

Published
3 hours agoon
April 22, 2021
The Federal Government has announced its inauguration of a National Gender Steering Committee for the Implementation of the Gender Policy in the Agricultural sector, in a bid to offer equal access and gender-sensitive approaches towards food production.
This was disclosed by Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr Ernest Umakhihe, who inaugurated the Committee on Wednesday in Abuja.
“The initiative will promote and ensure the adoption of gender-sensitive responsive approaches, plans and programmes in such a way that men and women will have equal access and control of productive resources,” he said.
He added that availability of the policy document was expected to address the vulnerability of women to biases in the Agriculture sector, integrate gender perspectives in National Planning, create more jobs and financial empowerment for women, citing that the National Gender Policy in Agriculture was consistent with the Global 2030 Agenda for Sustainable Development adopted by World Leaders at the United Nations Summit in New York, USA, in September 2015.
Director, Special Duties in the Ministry, Mrs Fausat Lawal also stated that “Women, small scale holder farmers constitute about 70-80% of the agriculture labour force and they produced the bulk of food for domestic consumption.”
She added that the policy document is a developmental strategy for poverty reduction and it is expected to empower small scale holder farmers who are predominately women.
What you should know
- Female unemployment rate in Nigeria as of Q4 2020 increased to 35.2% from 31.6% recorded in Q2 2020. This is according to the recent labour force report released by the National Bureau of Statistics (NBS).
- A total of 61.63 million women were in the working population (15 – 64 years of age) as of Q4 2020 accounting for 50.5% of the total working population. Only 30.15 million of these women were willing and able to work, which represents about 43.3% of the total labour force in the period under review.
Business
CAC discloses email addresses for manual submission of registration applications
The CAC disclosed that submissions through email would be pended till the deployment of the interface for submission on the CRP.

Published
4 hours agoon
April 22, 2021
The Corporate Affairs Commission (CAC) has announced the email address for customers and the public for manual submissions, despite closing the window of submission for some post-incorporation applications earlier this month.
The CAC disclosed this in a statement on Wednesday evening, adding that submission through emails would be pended till the deployment of the interface for submission on the CRP.
“The Commission wishes to inform the General Public and its Esteemed Customer that it shall in addition, continue to accept manual submission of the following post-incorporation application through the respective email address,” they said.
READ: CAC to register companies within 48 hours, approve business name same day
— Corporate Affairs Commission (@cacnigeria1) April 21, 2021
READ: CAC registration: 100,000 business names registered for free so far
What you should know
Nairametrics reported earlier this month that the CAC had stated that it would continue to accept manual submissions in respect of some specific processes, despite the closure of the window on manual submission of registration applications, which took place on March 31, 2021.
They said, “The Commission shall continue to accept Manual Submission in respect of the processes listed below pending the conclusion of the interface for online submission under the Company Registration Portal. The processes are:
- Alteration of Memorandum & Article of Association
- Schedule 14 (Form of Statement to be filed by Banks, Insurance and deposit Finance Institution)
- Amendment of Constitution
- Bi-annual Statement for Incorporated Trustees.
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